China · Delayed Price · Currency is CNY Hwatsing Technology Statistics
Total Valuation
SHA:688120 has a market cap or net worth of CNY 83.59 billion. The enterprise value is 75.86 billion.
| Market Cap | 83.59B |
| Enterprise Value | 75.86B |
Important Dates
The last earnings date was Saturday, October 31, 2026.
| Earnings Date | Oct 31, 2026 |
| Ex-Dividend Date | Jun 10, 2026 |
Share Statistics
SHA:688120 has 511.41 million shares outstanding. The number of shares has decreased by -0.15% in one year.
| Current Share Class | 511.41M |
| Shares Outstanding | 511.41M |
| Shares Change (YoY) | -0.15% |
| Shares Change (QoQ) | -0.13% |
| Owned by Insiders (%) | 4.77% |
| Owned by Institutions (%) | 25.51% |
| Float | 286.71M |
Valuation Ratios
The trailing PE ratio is 62.31 and the forward PE ratio is 46.40.
| PE Ratio | 62.31 |
| Forward PE | 46.40 |
| PS Ratio | 14.83 |
| PB Ratio | 6.86 |
| P/TBV Ratio | 7.48 |
| P/FCF Ratio | 650.58 |
| P/OCF Ratio | 290.61 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 52.54, with an EV/FCF ratio of 590.38.
| EV / Earnings | 58.60 |
| EV / Sales | 13.46 |
| EV / EBITDA | 52.54 |
| EV / EBIT | 60.61 |
| EV / FCF | 590.38 |
Financial Position
The company has a current ratio of 2.48, with a Debt / Equity ratio of 0.02.
| Current Ratio | 2.48 |
| Quick Ratio | 1.49 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.18 |
| Debt / FCF | 1.97 |
| Interest Coverage | 186.61 |
Financial Efficiency
Return on equity (ROE) is 13.35% and return on invested capital (ROIC) is 26.63%.
| Return on Equity (ROE) | 13.35% |
| Return on Assets (ROA) | 4.84% |
| Return on Invested Capital (ROIC) | 26.63% |
| Return on Capital Employed (ROCE) | 9.54% |
| Weighted Average Cost of Capital (WACC) | 6.97% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | 2,654 |
| Asset Turnover | 0.35 |
| Inventory Turnover | 0.66 |
Taxes
In the past 12 months, SHA:688120 has paid 152.48 million in taxes.
| Income Tax | 152.48M |
| Effective Tax Rate | 10.54% |
Stock Price Statistics
The stock price has increased by +52.26% in the last 52 weeks. The beta is 0.50, so SHA:688120's price volatility has been lower than the market average.
| Beta (5Y) | 0.50 |
| 52-Week Price Change | +52.26% |
| 50-Day Moving Average | 240.80 |
| 200-Day Moving Average | 193.71 |
| Relative Strength Index (RSI) | 21.19 |
| Average Volume (20 Days) | 9,300,700 |
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 5.64 billion and earned 1.29 billion in profits. Earnings per share was 2.62.
| Revenue | 5.64B |
| Gross Profit | 2.28B |
| Operating Income | 1.25B |
| Pretax Income | 1.45B |
| Net Income | 1.29B |
| EBITDA | 1.44B |
| EBIT | 1.25B |
| Earnings Per Share (EPS) | 2.62 |
Balance Sheet
The company has 7.99 billion in cash and 253.16 million in debt, with a net cash position of 7.73 billion or 15.12 per share.
| Cash & Cash Equivalents | 7.99B |
| Total Debt | 253.16M |
| Net Cash | 7.73B |
| Net Cash Per Share | 15.12 |
| Equity (Book Value) | 12.18B |
| Book Value Per Share | 23.82 |
| Working Capital | 9.90B |
Cash Flow
In the last 12 months, operating cash flow was 287.63 million and capital expenditures -159.15 million, giving a free cash flow of 128.48 million.
| Operating Cash Flow | 287.63M |
| Capital Expenditures | -159.15M |
| Depreciation & Amortization | 187.18M |
| Net Borrowing | -125.43M |
| Free Cash Flow | 128.48M |
| FCF Per Share | 0.25 |
Margins
Gross margin is 40.46%, with operating and profit margins of 22.20% and 22.96%.
| Gross Margin | 40.46% |
| Operating Margin | 22.20% |
| Pretax Margin | 25.66% |
| Profit Margin | 22.96% |
| EBITDA Margin | 25.52% |
| EBIT Margin | 22.20% |
| FCF Margin | 2.28% |
Dividends & Yields
This stock pays an annual dividend of 0.29, which amounts to a dividend yield of 0.17%.
| Dividend Per Share | 0.29 |
| Dividend Yield | 0.17% |
| Dividend Growth (YoY) | 1.82% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 11.34% |
| FCF Payout Ratio | 59.22% |
| Buyback Yield | 0.15% |
| Shareholder Yield | 0.32% |
| Earnings Yield | 1.60% |
| FCF Yield | 0.15% |
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 226.40, which is 38.51% higher than the current price. The consensus rating is "Buy".
| Price Target | 226.40 |
| Price Target Difference | 38.51% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (3Y) | 30.74% |
| 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 8.04 and a Piotroski F-Score of 5.
| Altman Z-Score | 8.04 |
| Piotroski F-Score | 5 |