Shanghai Holystar Information Technology Co., Ltd.
688330.SS · SHH
Company research
Shanghai Holystar Information Technology Co., Ltd. (688330.SS) is a Shanghai-based company founded in 2011 and listed on the STAR Market of the Shanghai Stock Exchange in October 2020, specializing in the research, development, production, and sale of intelligent equipment for power distribution networks in China. The company's core product offerings include smart pole-mounted circuit breakers, fault indicators, ground fault analysis auxiliary devices, and primary-secondary deep integration solutions, with its flagship smart pole circuit breaker integrating IoT sensing, edge computing, and industrial control capabilities to enable advanced fault diagnosis, location, and isolation. Beyond hardware, Holystar also provides a range of value-added services including power application software development, IoT communication modules, system integration, and distribution network information services. Recognized with numerous accolades such as "Specialized, New and Small Giant Enterprise" by China's Ministry of Industry and Information Technology and "Shanghai Science and Technology Small Giant Enterprise," the company is led by CEO Chuntian Leng and employs approximately 413 full-time staff, with a current market capitalization of approximately CNY 4.8 billion.
Research reports
This earnings article reviews Q1 2026 results, noting a 53.39% year‑on‑year drop in revenue to 74.09 million yuan and net profit of 14.19 million yuan, alongside a sharp improvement in operating cash flow and detailed shifts in assets and liabilities such as cash, inventories, and payables. It analyzes profitability ratios, liquidity metrics, capital structure changes, and major shareholders, but does not provide an explicit investment recommendation or target price.
Eastmoney (东方财富) · April 23, 2026宏力达(688330.SH)：2025年年报净利润为6.38亿元This article dissects the 2025 annual report, highlighting that revenue fell 33.55% to 650 million yuan while net profit rose to 638 million yuan, supported by 640 million yuan of operating cash inflow, a low 6.95% debt ratio, and a gross margin of 52.18%. It benchmarks ROE, asset turnover, inventory rotation, shareholder concentration, and R&D spending against peers in the smart distribution equipment sector, framing the company’s fundamentals without assigning an explicit rating or price target.
StockStar (证券之星) · April 23, 2026宏力达（688330）2025年年报简析：净利润同比增长186.26%，三费…This brief research note summarizes the 2025 annual report, emphasizing a 186.26% year‑on‑year surge in net profit despite revenue pressure and detailing movements in “three expenses” (selling, administrative, and R&D), margins, and cash‑flow indicators. It interprets the drivers of earnings growth, discusses cost control and efficiency, and situates the company within its industry, adopting a generally positive tone though without formal rating or target price.
Sina Finance (新浪财经) · April 21, 2026宏力达2025年营收降33.5%，归母净利润增186.3%This Sina Finance analysis piece reviews 2025 results, noting that revenue dropped 33.5% while reported net profit jumped 186.3%, with adjusted net profit up about 4.8%, and discusses strong operating cash flow, asset and equity growth, and the company’s positioning as a smart distribution network equipment supplier. It focuses on management’s discussion of competitive pressures, the impact of bad‑debt reversals and investment gains on profit quality, and continued R&D investment, raising questions about the sustainability of earnings momentum but without giving an explicit recommendation.
Ginlix AI / Gilin (independent Boutique) · February 12, 2026宏力达（688330）强势表现分析：业绩暴增与量子概念驱动的短期行情This in‑depth market commentary analyzes the February 2026 price surge, attributing it to a 185.09% net profit pre‑announcement and speculative enthusiasm around a very small equity stake in quantum‑computing firm 本源量子, while noting that most reported profit growth stems from investment gains rather than core operations. It combines technical analysis (trend, support/resistance, volume), valuation multiples, balance‑sheet and cash‑flow strength, and detailed risk discussion on profit quality, concept‑driven speculation, and potential pullback, ultimately portraying the short‑term outlook as catalyst‑driven and fragile rather than firmly underpinned by fundamentals.