Hwatsing Technology Co., Ltd. (SHA:688120)
China flag China · Delayed Price · Currency is CNY
165.79
+4.09 (2.53%)
Last updated: Jun 23, 2025

Hwatsing Technology Statistics

Total Valuation

SHA:688120 has a market cap or net worth of CNY 38.99 billion. The enterprise value is 35.42 billion.

Market Cap 38.99B
Enterprise Value 35.42B

Important Dates

The next estimated earnings date is Friday, August 15, 2025.

Earnings Date Aug 15, 2025
Ex-Dividend Date Jul 2, 2024

Share Statistics

SHA:688120 has 236.55 million shares outstanding. The number of shares has increased by 0.32% in one year.

Current Share Class 236.55M
Shares Outstanding 236.55M
Shares Change (YoY) +0.32%
Shares Change (QoQ) -0.17%
Owned by Insiders (%) 5.96%
Owned by Institutions (%) 30.97%
Float 132.86M

Valuation Ratios

The trailing PE ratio is 37.12 and the forward PE ratio is 27.11.

PE Ratio 37.12
Forward PE 27.11
PS Ratio 10.71
PB Ratio 5.79
P/TBV Ratio 6.88
P/FCF Ratio 58.99
P/OCF Ratio 39.00
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 34.37, with an EV/FCF ratio of 53.59.

EV / Earnings 33.58
EV / Sales 9.73
EV / EBITDA 34.37
EV / EBIT 37.65
EV / FCF 53.59

Financial Position

The company has a current ratio of 2.24, with a Debt / Equity ratio of 0.07.

Current Ratio 2.24
Quick Ratio 1.26
Debt / Equity 0.07
Debt / EBITDA 0.48
Debt / FCF 0.75
Interest Coverage 82.32

Financial Efficiency

Return on equity (ROE) is 16.91% and return on invested capital (ROIC) is 8.66%.

Return on Equity (ROE) 16.91%
Return on Assets (ROA) 5.50%
Return on Invested Capital (ROIC) 8.66%
Return on Capital Employed (ROCE) 12.03%
Revenue Per Employee 1.90M
Profits Per Employee 550,172
Employee Count 1,917
Asset Turnover 0.34
Inventory Turnover 0.67

Taxes

In the past 12 months, SHA:688120 has paid 93.54 million in taxes.

Income Tax 93.54M
Effective Tax Rate 8.15%

Stock Price Statistics

The stock price has increased by +21.69% in the last 52 weeks. The beta is -0.19, so SHA:688120's price volatility has been lower than the market average.

Beta (5Y) -0.19
52-Week Price Change +21.69%
50-Day Moving Average 159.61
200-Day Moving Average 163.87
Relative Strength Index (RSI) 63.38
Average Volume (20 Days) 2,412,048

Short Selling Information

Short Interest n/a
Short Previous Month n/a
Short % of Shares Out n/a
Short % of Float n/a
Short Ratio (days to cover) n/a

Income Statement

In the last 12 months, SHA:688120 had revenue of CNY 3.64 billion and earned 1.05 billion in profits. Earnings per share was 4.44.

Revenue 3.64B
Gross Profit 1.56B
Operating Income 940.77M
Pretax Income 1.15B
Net Income 1.05B
EBITDA 1.03B
EBIT 940.77M
Earnings Per Share (EPS) 4.44
Full Income Statement

Balance Sheet

The company has 4.07 billion in cash and 498.97 million in debt, giving a net cash position of 3.57 billion or 15.08 per share.

Cash & Cash Equivalents 4.07B
Total Debt 498.97M
Net Cash 3.57B
Net Cash Per Share 15.08
Equity (Book Value) 6.73B
Book Value Per Share 28.53
Working Capital 4.77B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 999.62 million and capital expenditures -338.70 million, giving a free cash flow of 660.92 million.

Operating Cash Flow 999.62M
Capital Expenditures -338.70M
Free Cash Flow 660.92M
FCF Per Share 2.79
Full Cash Flow Statement

Margins

Gross margin is 42.98%, with operating and profit margins of 25.86% and 28.99%.

Gross Margin 42.98%
Operating Margin 25.86%
Pretax Margin 31.56%
Profit Margin 28.99%
EBITDA Margin 28.27%
EBIT Margin 25.86%
FCF Margin 18.16%

Dividends & Yields

This stock pays an annual dividend of 0.55, which amounts to a dividend yield of 0.33%.

Dividend Per Share 0.55
Dividend Yield 0.33%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 9.37%
Buyback Yield -0.32%
Shareholder Yield 0.01%
Earnings Yield 2.71%
FCF Yield 1.70%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 2, 2024. It was a forward split with a ratio of 1.49.

Last Split Date Jul 2, 2024
Split Type Forward
Split Ratio 1.49

Scores

SHA:688120 has an Altman Z-Score of 5.68 and a Piotroski F-Score of 6.

Altman Z-Score 5.68
Piotroski F-Score 6