Hwatsing Technology Co., Ltd. (SHA:688120)
China flag China · Delayed Price · Currency is CNY
194.44
+0.44 (0.23%)
At close: Apr 28, 2026

Hwatsing Technology Statistics

Total Valuation

SHA:688120 has a market cap or net worth of CNY 68.58 billion. The enterprise value is 64.52 billion.

Market Cap 68.58B
Enterprise Value 64.52B

Important Dates

The last earnings date was Thursday, April 23, 2026.

Earnings Date Apr 23, 2026
Ex-Dividend Date Jul 3, 2025

Share Statistics

SHA:688120 has 352.70 million shares outstanding. The number of shares has increased by 0.05% in one year.

Current Share Class 352.70M
Shares Outstanding 352.70M
Shares Change (YoY) +0.05%
Shares Change (QoQ) +0.31%
Owned by Insiders (%) 5.01%
Owned by Institutions (%) 22.70%
Float 203.32M

Valuation Ratios

The trailing PE ratio is 62.52 and the forward PE ratio is 40.85.

PE Ratio 62.52
Forward PE 40.85
PS Ratio 13.89
PB Ratio 8.88
P/TBV Ratio 10.21
P/FCF Ratio 109.59
P/OCF Ratio 86.28
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 52.10, with an EV/FCF ratio of 103.11.

EV / Earnings 58.79
EV / Sales 13.07
EV / EBITDA 52.10
EV / EBIT 60.05
EV / FCF 103.11

Financial Position

The company has a current ratio of 2.13, with a Debt / Equity ratio of 0.03.

Current Ratio 2.13
Quick Ratio 1.16
Debt / Equity 0.03
Debt / EBITDA 0.21
Debt / FCF 0.42
Interest Coverage 114.36

Financial Efficiency

Return on equity (ROE) is 15.19% and return on invested capital (ROIC) is 27.80%.

Return on Equity (ROE) 15.19%
Return on Assets (ROA) 5.33%
Return on Invested Capital (ROIC) 27.80%
Return on Capital Employed (ROCE) 12.41%
Weighted Average Cost of Capital (WACC) 6.15%
Revenue Per Employee 1.86M
Profits Per Employee 413,569
Employee Count 1,917
Asset Turnover 0.39
Inventory Turnover 0.76

Taxes

In the past 12 months, SHA:688120 has paid 136.03 million in taxes.

Income Tax 136.03M
Effective Tax Rate 11.03%

Stock Price Statistics

The stock price has increased by +70.00% in the last 52 weeks. The beta is 0.35, so SHA:688120's price volatility has been lower than the market average.

Beta (5Y) 0.35
52-Week Price Change +70.00%
50-Day Moving Average 179.53
200-Day Moving Average 149.75
Relative Strength Index (RSI) 62.11
Average Volume (20 Days) 4,758,613

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 4.94 billion and earned 1.10 billion in profits. Earnings per share was 3.11.

Revenue 4.94B
Gross Profit 2.01B
Operating Income 1.07B
Pretax Income 1.23B
Net Income 1.10B
EBITDA 1.23B
EBIT 1.07B
Earnings Per Share (EPS) 3.11
Full Income Statement

Balance Sheet

The company has 4.32 billion in cash and 264.82 million in debt, giving a net cash position of 4.06 billion or 11.50 per share.

Cash & Cash Equivalents 4.32B
Total Debt 264.82M
Net Cash 4.06B
Net Cash Per Share 11.50
Equity (Book Value) 7.72B
Book Value Per Share 21.85
Working Capital 5.53B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 794.80 million and capital expenditures -169.01 million, giving a free cash flow of 625.79 million.

Operating Cash Flow 794.80M
Capital Expenditures -169.01M
Depreciation & Amortization 158.81M
Net Borrowing -146.50M
Free Cash Flow 625.79M
FCF Per Share 1.77
Full Cash Flow Statement

Margins

Gross margin is 40.76%, with operating and profit margins of 21.76% and 22.23%.

Gross Margin 40.76%
Operating Margin 21.76%
Pretax Margin 24.98%
Profit Margin 22.23%
EBITDA Margin 24.98%
EBIT Margin 21.76%
FCF Margin 12.68%

Dividends & Yields

This stock pays an annual dividend of 0.40, which amounts to a dividend yield of 0.21%.

Dividend Per Share 0.40
Dividend Yield 0.21%
Dividend Growth (YoY) 49.00%
Years of Dividend Growth 3
Payout Ratio 12.52%
Buyback Yield -0.05%
Shareholder Yield 0.17%
Earnings Yield 1.60%
FCF Yield 0.91%
Dividend Details

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 6.47 and a Piotroski F-Score of 5.

Altman Z-Score 6.47
Piotroski F-Score 5