China · Delayed Price · Currency is CNY Hwatsing Technology Statistics
Total Valuation
SHA:688120 has a market cap or net worth of CNY 48.95 billion. The enterprise value is 45.22 billion.
| Market Cap | 48.95B |
| Enterprise Value | 45.22B |
Important Dates
The last earnings date was Friday, October 31, 2025.
| Earnings Date | Oct 31, 2025 |
| Ex-Dividend Date | Jul 3, 2025 |
Share Statistics
SHA:688120 has 352.64 million shares outstanding. The number of shares has increased by 0.35% in one year.
| Current Share Class | 352.64M |
| Shares Outstanding | 352.64M |
| Shares Change (YoY) | +0.35% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 5.95% |
| Owned by Institutions (%) | 27.11% |
| Float | 210.98M |
Valuation Ratios
The trailing PE ratio is 44.89 and the forward PE ratio is 29.91. SHA:688120's PEG ratio is 1.07.
| PE Ratio | 44.89 |
| Forward PE | 29.91 |
| PS Ratio | 11.80 |
| PB Ratio | 6.80 |
| P/TBV Ratio | 7.93 |
| P/FCF Ratio | 108.41 |
| P/OCF Ratio | 69.64 |
| PEG Ratio | 1.07 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 42.81, with an EV/FCF ratio of 100.15.
| EV / Earnings | 41.33 |
| EV / Sales | 10.90 |
| EV / EBITDA | 42.81 |
| EV / EBIT | 47.11 |
| EV / FCF | 100.15 |
Financial Position
The company has a current ratio of 2.19, with a Debt / Equity ratio of 0.06.
| Current Ratio | 2.19 |
| Quick Ratio | 1.18 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.40 |
| Debt / FCF | 0.93 |
| Interest Coverage | 100.57 |
Financial Efficiency
Return on equity (ROE) is 16.37% and return on invested capital (ROIC) is 8.39%.
| Return on Equity (ROE) | 16.37% |
| Return on Assets (ROA) | 5.12% |
| Return on Invested Capital (ROIC) | 8.39% |
| Return on Capital Employed (ROCE) | 11.63% |
| Revenue Per Employee | 2.16M |
| Profits Per Employee | 570,750 |
| Employee Count | 1,917 |
| Asset Turnover | 0.35 |
| Inventory Turnover | 0.65 |
Taxes
In the past 12 months, SHA:688120 has paid 79.14 million in taxes.
| Income Tax | 79.14M |
| Effective Tax Rate | 6.75% |
Stock Price Statistics
The stock price has decreased by -25.73% in the last 52 weeks. The beta is 0.09, so SHA:688120's price volatility has been lower than the market average.
| Beta (5Y) | 0.09 |
| 52-Week Price Change | -25.73% |
| 50-Day Moving Average | 135.94 |
| 200-Day Moving Average | 147.25 |
| Relative Strength Index (RSI) | 45.67 |
| Average Volume (20 Days) | 9,625,985 |
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 4.15 billion and earned 1.09 billion in profits. Earnings per share was 3.09.
| Revenue | 4.15B |
| Gross Profit | 1.80B |
| Operating Income | 959.87M |
| Pretax Income | 1.17B |
| Net Income | 1.09B |
| EBITDA | 1.05B |
| EBIT | 959.87M |
| Earnings Per Share (EPS) | 3.09 |
Balance Sheet
The company has 4.15 billion in cash and 420.86 million in debt, giving a net cash position of 3.73 billion or 10.58 per share.
| Cash & Cash Equivalents | 4.15B |
| Total Debt | 420.86M |
| Net Cash | 3.73B |
| Net Cash Per Share | 10.58 |
| Equity (Book Value) | 7.20B |
| Book Value Per Share | 20.50 |
| Working Capital | 5.05B |
Cash Flow
In the last 12 months, operating cash flow was 702.88 million and capital expenditures -251.38 million, giving a free cash flow of 451.51 million.
| Operating Cash Flow | 702.88M |
| Capital Expenditures | -251.38M |
| Free Cash Flow | 451.51M |
| FCF Per Share | 1.28 |
Margins
Gross margin is 43.44%, with operating and profit margins of 23.14% and 26.37%.
| Gross Margin | 43.44% |
| Operating Margin | 23.14% |
| Pretax Margin | 28.28% |
| Profit Margin | 26.37% |
| EBITDA Margin | 25.42% |
| EBIT Margin | 23.14% |
| FCF Margin | 10.88% |
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 | 12.75% |
| Buyback Yield | -0.35% |
| Shareholder Yield | -0.08% |
| Earnings Yield | 2.24% |
| FCF Yield | 0.92% |
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 5.99 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.99 |
| Piotroski F-Score | 6 |