002376.SZ
Hot AirShandong New Beiyang Information Technology Co., Ltd. · Industrials · China · $948M cap · $84.7M/day traded
CNY 7.65 -0.9% · close 12 Nov · scored 13 Nov
Hot Air: Strong momentum and nothing else: weak business, rich price.
As of 13 Nov 2026, the MoatMap Score for Shandong New Beiyang Information Technology Co., Ltd. (002376.SZ) is 42/100, ranked against 25,000+ stocks in 38 markets (Quality 38, Value 33, Momentum 64, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT SHANDONG NEW BEIYANG INFORMATION TECHNOLOGY CO., LTD.
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Shandong New Beiyang Information Technology Co., Ltd. designs and manufactures specialized thermal printing, scanning, and smart self-service equipment for the logistics, retail, and financial sectors. The company is a dominant domestic player in the thermal printing mechanism market, leveraging vertical integration from core components to complete terminal systems. Its strong R&D capabilities and customized product offerings have secured long-term partnerships with major global logistics and retail operators.
FINANCIAL SUMMARY (CNY)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2.3B | 2.2B | 2.4B | 2.8B | 7.0% | 3.2B |
| EPS (CNY) | -0.04 | 0.03 | 0.08 | 0.09 | 79.1% | 0.12 |
| Shares | 655.2M | 648.5M | 810.6M | 810.6M | +23.7% | 810.6M |
| Debt | 1.6B | 1.3B | 515.1M | 677.7M | -25.4% | 898.9M |
| Equity | 3.3B | 3.2B | 3.9B | 3.8B | 4.8% | — |
| Op CF | 91.4M | 389.3M | 200.0M | 45.2M | -20.9% | 131.0M |
| Inv CF | 123.5M | -0.6M | -8.8M | 7.0M | — | — |
| Fin CF | -173.3M | -621.8M | -199.8M | -48.5M | — | — |
Above its 200-day average and 8% below its 52-week high.
Calmer than 68% of stocks we rank over the past year (volatility 33% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend (this stock): It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 002376.SZ are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 002376.SZ | Shandong New Beiyang Information Technology Co., Ltd.(you) | $948M | 42 |
| 300729.SZ | Loctek Ergonomic Technology Corp. | $549M | 42 |
| 002301.SZ | Shenzhen Comix Group Co., Ltd. | $760M | 49 |
| 300130.SZ | XGD Inc. | $1.6B | 46 |
| 002103.SZ | Guangbo Group Stock Co., Ltd. | $512M | 34 |
| 301187.SZ | Suzhou Alton Electrical & Mechanical Industry Co., Ltd. | $552M | 23 |
| 300689.SZ | Shenzhen Chengtian Weiye Technology Co., Ltd. | $870M | 14 |
| 002152.SZ | GRG Banking Equipment Co., Ltd. | $3.4B | 34 |
| 000561.SZ | Shaanxi Fenghuo Electronics Co., Ltd. | $968M | 8 |
| 002104.SZ | Hengbao Co.,Ltd. | $1.1B | 6 |
Peer medians: ROE 5.3% · P/E 28.6x · Gross margin 21.9%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.