NARI Technology Co., Ltd. (600406.SS) — Stock Score Summary

NARI Technology Co., Ltd. (600406.SS) has a MoatMap StockRank of 60/100 based on Quality (69/100), Value (36/100), and Momentum (39/100) factor scores. The current signal is HOLD. NARI Technology is the dominant provider of grid automation, dispatch, and UHV (Ultra-High Voltage) transmission systems in China. As the global commodity supercycle drives massive grid modernization to support renewable energy and AI data center power demands, NARI sits at a critical bottleneck. It possesses a near-monopoly moat in high-end grid software, high ROIC, and state-backed revenue visibility, making it an exceptional asymmetric play on the electrification of everything.

NARI Technology Co., Ltd. is the market leader in power grid automation, industrial control systems, and clean energy integration solutions in China. The company is the dominant supplier to the State Grid Corporation of China, holding a near-monopoly in high-end grid dispatching and substation automation systems. It is a key beneficiary of China's massive investment in smart grid transition and ultra-high-voltage (UHV) transmission.

Key Financial Metrics

Price$3.38
Market Cap$29.6B
P/E (TTM)22.55
P/E (Forward)17.96
Price/Book3.50
Return on Equity16.1%
Return on Invested Capital17.2%
Debt/Equity1.13
Gross Margin25.8%
Operating Margin8.3%
Revenue Growth7.5%
Dividend Yield2.5%
Free Cash Flow$-502K

NARI Technology Co., Ltd. operates in the Specialty Industrial Machinery industry, part of the Industrials sector (China).

Frequently Asked Questions

What is NARI Technology Co., Ltd.’s (600406.SS) StockRank?
MoatMap’s StockRank for NARI Technology Co., Ltd. (600406.SS) is 60/100, with a Hold signal. It is a composite of Quality (69), Value (36), and Momentum (39) factor ranks across MoatMap’s 19,000+ stock universe.
Does NARI Technology Co., Ltd. have an economic moat?
NARI Technology Co., Ltd. (600406.SS) has a Quality factor score of 69/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is NARI Technology Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for NARI Technology Co., Ltd. (600406.SS) is Hold, based on a StockRank of 60/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is NARI Technology Co., Ltd. in?
NARI Technology Co., Ltd. (600406.SS) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (China).
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