China · Delayed Price · Currency is CNY Hwatsing Technology Statistics
Total Valuation
SHA:688120 has a market cap or net worth of CNY 46.09 billion. The enterprise value is 42.18 billion.
| Market Cap | 46.09B |
| Enterprise Value | 42.18B |
Important Dates
The last earnings date was Friday, August 29, 2025.
| Earnings Date | Aug 29, 2025 |
| Ex-Dividend Date | Jul 3, 2025 |
Share Statistics
SHA:688120 has 352.64 million shares outstanding. The number of shares has increased by 0.20% in one year.
| Current Share Class | 352.64M |
| Shares Outstanding | 352.64M |
| Shares Change (YoY) | +0.20% |
| Shares Change (QoQ) | -0.67% |
| Owned by Insiders (%) | 5.95% |
| Owned by Institutions (%) | 27.18% |
| Float | 198.15M |
Valuation Ratios
The trailing PE ratio is 42.14 and the forward PE ratio is 30.32. SHA:688120's PEG ratio is 1.08.
| PE Ratio | 42.14 |
| Forward PE | 30.32 |
| PS Ratio | 11.94 |
| PB Ratio | 6.59 |
| P/TBV Ratio | 7.73 |
| P/FCF Ratio | 52.81 |
| P/OCF Ratio | 39.14 |
| PEG Ratio | 1.08 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 39.40, with an EV/FCF ratio of 48.34.
| EV / Earnings | 38.48 |
| EV / Sales | 10.93 |
| EV / EBITDA | 39.40 |
| EV / EBIT | 44.04 |
| EV / FCF | 48.34 |
Financial Position
The company has a current ratio of 2.17, with a Debt / Equity ratio of 0.06.
| Current Ratio | 2.17 |
| Quick Ratio | 1.22 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.41 |
| Debt / FCF | 0.50 |
| Interest Coverage | 90.96 |
Financial Efficiency
Return on equity (ROE) is 17.03% and return on invested capital (ROIC) is 8.62%.
| Return on Equity (ROE) | 17.03% |
| Return on Assets (ROA) | 5.31% |
| Return on Invested Capital (ROIC) | 8.62% |
| Return on Capital Employed (ROCE) | 11.91% |
| Revenue Per Employee | 2.01M |
| Profits Per Employee | 571,822 |
| Employee Count | 1,917 |
| Asset Turnover | 0.34 |
| Inventory Turnover | 0.63 |
Taxes
In the past 12 months, SHA:688120 has paid 79.49 million in taxes.
| Income Tax | 79.49M |
| Effective Tax Rate | 6.76% |
Stock Price Statistics
The stock price has increased by +1.98% in the last 52 weeks. The beta is -0.11, so SHA:688120's price volatility has been lower than the market average.
| Beta (5Y) | -0.11 |
| 52-Week Price Change | +1.98% |
| 50-Day Moving Average | 115.86 |
| 200-Day Moving Average | 151.01 |
| Relative Strength Index (RSI) | 64.65 |
| Average Volume (20 Days) | 10,280,787 |
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 3.86 billion and earned 1.10 billion in profits. Earnings per share was 3.10.
| Revenue | 3.86B |
| Gross Profit | 1.71B |
| Operating Income | 957.81M |
| Pretax Income | 1.18B |
| Net Income | 1.10B |
| EBITDA | 1.07B |
| EBIT | 957.81M |
| Earnings Per Share (EPS) | 3.10 |
Balance Sheet
The company has 4.34 billion in cash and 436.24 million in debt, giving a net cash position of 3.90 billion or 11.07 per share.
| Cash & Cash Equivalents | 4.34B |
| Total Debt | 436.24M |
| Net Cash | 3.90B |
| Net Cash Per Share | 11.07 |
| Equity (Book Value) | 6.99B |
| Book Value Per Share | 19.83 |
| Working Capital | 4.93B |
Cash Flow
In the last 12 months, operating cash flow was 1.18 billion and capital expenditures -304.93 million, giving a free cash flow of 872.64 million.
| Operating Cash Flow | 1.18B |
| Capital Expenditures | -304.93M |
| Free Cash Flow | 872.64M |
| FCF Per Share | 2.47 |
Margins
Gross margin is 44.20%, with operating and profit margins of 24.82% and 28.40%.
| Gross Margin | 44.20% |
| Operating Margin | 24.82% |
| Pretax Margin | 30.46% |
| Profit Margin | 28.40% |
| EBITDA Margin | 27.66% |
| EBIT Margin | 24.82% |
| FCF Margin | 22.61% |
Dividends & Yields
This stock pays an annual dividend of 0.37, which amounts to a dividend yield of 0.28%.
| Dividend Per Share | 0.37 |
| Dividend Yield | 0.28% |
| Dividend Growth (YoY) | 49.00% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 0.97% |
| Buyback Yield | -0.20% |
| Shareholder Yield | 0.09% |
| Earnings Yield | 2.38% |
| FCF Yield | 1.89% |
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 3, 2025. It was a forward split with a ratio of 1.49.
| Last Split Date | Jul 3, 2025 |
| Split Type | Forward |
| Split Ratio | 1.49 |
Scores
SHA:688120 has an Altman Z-Score of 5.68 and a Piotroski F-Score of 7.
| Altman Z-Score | 5.68 |
| Piotroski F-Score | 7 |