Hwatsing Technology Co., Ltd. (SHA:688120)
China flag China · Delayed Price · Currency is CNY
268.33
+4.80 (1.82%)
Aug 11, 2026, 3:00 PM CST

Hwatsing Technology Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,9374,6483,4062,5081,649804.88
Revenue Growth
35.69%36.46%35.82%52.11%104.86%108.58%
Gross Profit
2,0121,9271,4481,069778.2353.82
Operating Income
1,0751,034919.33639.63415.28106.39
Net Income
1,0981,0841,023723.75501.6198.28
Earnings Per Share
2.222.192.071.471.130.54
EPS Growth
4.02%5.87%41.21%29.53%111.48%90.77%

Revenue by Geography

Fiscal YearFY 2025
Period EndingDec '25
Mainland China
4,605
Other
42.75
Total
4,648

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4,3204,6414,6064,5874,160817.53
Total Debt
264.82395.19501.91683.11198.52296.18
Net Cash (Debt)
4,0554,2464,1053,9043,962521.35
Net Cash Growth
13.66%3.44%5.15%-1.47%659.91%80.52%
Net Cash Per Share
8.218.598.317.918.941.41

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
794.8799.821,155652.9325.1389.81
Capital Expenditures
-169.01-222.18-321.81-339.53-174.86-174.32
Free Cash Flow
625.79577.64832.8313.4-149.75215.48
Free Cash Flow Growth
-5.32%-30.64%165.73%--16444.41%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.76%41.45%42.52%42.63%47.20%43.96%
Operating Margin
21.77%22.23%26.99%25.50%25.19%13.22%
Pretax Margin
24.98%25.78%32.83%31.49%33.77%24.33%
Profit Margin
22.23%23.32%30.04%28.86%30.42%24.63%
FCF Margin
12.68%12.43%24.45%12.50%-9.08%26.77%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
0.2860.2860.2640.1770.108
Dividend Per Share Growth
1.82%8.34%48.98%63.89%-
Dividend Yield
0.11%0.27%0.34%0.29%0.22%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
118.6248.8737.6741.2247.75-
Forward PE
74.5332.3529.1633.6838.55-
P/FCF Ratio
208.4391.6946.3095.19--
PS Ratio
26.4211.3911.3211.9014.53-