China · Delayed Price · Currency is CNY Hwatsing Technology Statistics
Total Valuation
SHA:688120 has a market cap or net worth of CNY 129.10 billion. The enterprise value is 125.15 billion.
| Market Cap | 129.10B |
| Enterprise Value | 125.15B |
Important Dates
The last earnings date was Saturday, August 22, 2026.
| Earnings Date | Aug 22, 2026 |
| Ex-Dividend Date | Jun 10, 2026 |
Share Statistics
SHA:688120 has 495.33 million shares outstanding. The number of shares has decreased by -0.08% in one year.
| Current Share Class | 495.33M |
| Shares Outstanding | 495.33M |
| Shares Change (YoY) | -0.08% |
| Shares Change (QoQ) | -0.22% |
| Owned by Insiders (%) | 4.93% |
| Owned by Institutions (%) | 30.35% |
| Float | 286.71M |
Valuation Ratios
The trailing PE ratio is 112.67 and the forward PE ratio is 48.09.
| PE Ratio | 112.67 |
| Forward PE | 48.09 |
| PS Ratio | 24.17 |
| PB Ratio | 16.32 |
| P/TBV Ratio | 18.70 |
| P/FCF Ratio | 385.88 |
| P/OCF Ratio | 270.00 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 101.40, with an EV/FCF ratio of 374.08.
| EV / Earnings | 109.64 |
| EV / Sales | 23.43 |
| EV / EBITDA | 101.40 |
| EV / EBIT | 117.20 |
| EV / FCF | 374.08 |
Financial Position
The company has a current ratio of 2.04, with a Debt / Equity ratio of 0.05.
| Current Ratio | 2.04 |
| Quick Ratio | 1.07 |
| Debt / Equity | 0.05 |
| Debt / EBITDA | 0.31 |
| Debt / FCF | 1.15 |
| Interest Coverage | 146.91 |
Financial Efficiency
Return on equity (ROE) is 15.32% and return on invested capital (ROIC) is 24.30%.
| Return on Equity (ROE) | 15.32% |
| Return on Assets (ROA) | 5.01% |
| Return on Invested Capital (ROIC) | 24.30% |
| Return on Capital Employed (ROCE) | 12.05% |
| Weighted Average Cost of Capital (WACC) | 6.87% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | 2,654 |
| Asset Turnover | 0.40 |
| Inventory Turnover | 0.74 |
Taxes
In the past 12 months, SHA:688120 has paid 173.78 million in taxes.
| Income Tax | 173.78M |
| Effective Tax Rate | 13.22% |
Stock Price Statistics
The stock price has increased by +189.60% in the last 52 weeks. The beta is 0.48, so SHA:688120's price volatility has been lower than the market average.
| Beta (5Y) | 0.48 |
| 52-Week Price Change | +189.60% |
| 50-Day Moving Average | 271.27 |
| 200-Day Moving Average | 169.09 |
| Relative Strength Index (RSI) | 48.23 |
| Average Volume (20 Days) | 11,371,970 |
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 5.34 billion and earned 1.14 billion in profits. Earnings per share was 2.31.
| Revenue | 5.34B |
| Gross Profit | 2.14B |
| Operating Income | 1.07B |
| Pretax Income | 1.32B |
| Net Income | 1.14B |
| EBITDA | 1.23B |
| EBIT | 1.07B |
| Earnings Per Share (EPS) | 2.31 |
Balance Sheet
The company has 4.33 billion in cash and 384.96 million in debt, with a net cash position of 3.95 billion or 7.97 per share.
| Cash & Cash Equivalents | 4.33B |
| Total Debt | 384.96M |
| Net Cash | 3.95B |
| Net Cash Per Share | 7.97 |
| Equity (Book Value) | 7.91B |
| Book Value Per Share | 16.02 |
| Working Capital | 5.74B |
Cash Flow
In the last 12 months, operating cash flow was 478.16 million and capital expenditures -143.60 million, giving a free cash flow of 334.56 million.
| Operating Cash Flow | 478.16M |
| Capital Expenditures | -143.60M |
| Depreciation & Amortization | 159.00M |
| Net Borrowing | -140.00M |
| Free Cash Flow | 334.56M |
| FCF Per Share | 0.68 |
Margins
Gross margin is 40.12%, with operating and profit margins of 19.99% and 21.37%.
| Gross Margin | 40.12% |
| Operating Margin | 19.99% |
| Pretax Margin | 24.62% |
| Profit Margin | 21.37% |
| EBITDA Margin | 22.97% |
| EBIT Margin | 19.99% |
| FCF Margin | 6.26% |
Dividends & Yields
This stock pays an annual dividend of 0.29, which amounts to a dividend yield of 0.11%.
| Dividend Per Share | 0.29 |
| Dividend Yield | 0.11% |
| Dividend Growth (YoY) | 1.82% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 24.30% |
| Buyback Yield | 0.08% |
| Shareholder Yield | 0.19% |
| Earnings Yield | 0.88% |
| FCF Yield | 0.26% |
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 |
Analyst Forecast
The average price target for SHA:688120 is 264.80, which is 1.60% higher than the current price. The consensus rating is "Buy".
| Price Target | 264.80 |
| Price Target Difference | 1.60% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (3Y) | 30.98% |
| EPS Growth Forecast (3Y) | 48.54% |
Stock Splits
The last stock split was on June 10, 2026. It was a forward split with a ratio of 1.4.
| Last Split Date | Jun 10, 2026 |
| Split Type | Forward |
| Split Ratio | 1.4 |
Scores
SHA:688120 has an Altman Z-Score of 7.05 and a Piotroski F-Score of 5.
| Altman Z-Score | 7.05 |
| Piotroski F-Score | 5 |