company background image
6008

Shanghai Baosight SoftwareLtd SHSE:600845 Stock Report

Last Price

CN¥54.60

Market Cap

CN¥72.8b

7D

-0.9%

1Y

-1.1%

Updated

30 Jun, 2022

Data

Company Financials +
600845 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth6/6
Past Performance4/6
Financial Health5/6
Dividends5/6

600845 Stock Overview

Shanghai Baosight Software Co.,Ltd., an information and automation company, provides industrial solutions in China.

Shanghai Baosight SoftwareLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai Baosight SoftwareLtd
Historical stock prices
Current Share PriceCN¥54.60
52 Week HighCN¥76.84
52 Week LowCN¥38.75
Beta0.47
1 Month Change4.64%
3 Month Change10.64%
1 Year Change-1.12%
3 Year Change148.53%
5 Year Change462.30%
Change since IPO3,565.34%

Recent News & Updates

Shareholder Returns

600845CN SoftwareCN Market
7D-0.9%0.6%2.3%
1Y-1.1%-27.2%-8.1%

Return vs Industry: 600845 exceeded the CN Software industry which returned -28.5% over the past year.

Return vs Market: 600845 exceeded the CN Market which returned -10.1% over the past year.

Price Volatility

Is 600845's price volatile compared to industry and market?
600845 volatility
600845 Average Weekly Movement6.9%
Software Industry Average Movement7.3%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 600845 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 600845's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19785,258Jianhu Wanghttps://www.baosight.com

Shanghai Baosight Software Co.,Ltd., an information and automation company, provides industrial solutions in China. The company offers information solutions, including manufacturing execution, integrated process quality management, and energy management systems; smart storage systems, such as crane location tracking and unmanned automatic crane systems; electromechanical equipment, including industrial robots, bell-type furnaces, and surface inspection devices; and automation solutions comprising whole metallurgical and cold rolling processes. It operates through 11 branches.

Shanghai Baosight SoftwareLtd Fundamentals Summary

How do Shanghai Baosight SoftwareLtd's earnings and revenue compare to its market cap?
600845 fundamental statistics
Market CapCN¥72.82b
Earnings (TTM)CN¥1.87b
Revenue (TTM)CN¥12.24b

44.4x

P/E Ratio

6.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600845 income statement (TTM)
RevenueCN¥12.24b
Cost of RevenueCN¥8.31b
Gross ProfitCN¥3.92b
Other ExpensesCN¥2.05b
EarningsCN¥1.87b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.23
Gross Margin32.07%
Net Profit Margin15.28%
Debt/Equity Ratio2.3%

How did 600845 perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

80%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 600845 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600845?

Other financial metrics that can be useful for relative valuation.

600845 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.6x
Enterprise Value/EBITDA30.9x
PEG Ratio1.5x

Price to Earnings Ratio vs Peers

How does 600845's PE Ratio compare to its peers?

600845 PE Ratio vs Peers
The above table shows the PE ratio for 600845 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average74.6x
002410 Glodon
92.8x23.8%CN¥64.3b
002230 iFLYTEKLTD
62.7x27.1%CN¥95.8b
600570 Hundsun Technologies
50.7x22.7%CN¥63.6b
688111 Beijing Kingsoft Office Software
92.3x24.8%CN¥90.9b
600845 Shanghai Baosight SoftwareLtd
44.4x29.5%CN¥72.8b

Price-To-Earnings vs Peers: 600845 is good value based on its Price-To-Earnings Ratio (44.4x) compared to the peer average (74.6x).


Price to Earnings Ratio vs Industry

How does 600845's PE Ratio compare vs other companies in the CN Software Industry?

Price-To-Earnings vs Industry: 600845 is good value based on its Price-To-Earnings Ratio (44.4x) compared to the CN Software industry average (53x)


Price to Earnings Ratio vs Fair Ratio

What is 600845's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

600845 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44.4x
Fair PE Ratio49.7x

Price-To-Earnings vs Fair Ratio: 600845 is good value based on its Price-To-Earnings Ratio (44.4x) compared to the estimated Fair Price-To-Earnings Ratio (49.7x).


Share Price vs Fair Value

What is the Fair Price of 600845 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600845 (CN¥54.6) is trading below our estimate of fair value (CN¥153.48)

Significantly Below Fair Value: 600845 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 600845 is poor value based on its PEG Ratio (1.5x)


Discover undervalued companies

Future Growth

How is Shanghai Baosight SoftwareLtd forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


29.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600845's forecast earnings growth (29.5% per year) is above the savings rate (3.2%).

Earnings vs Market: 600845's earnings (29.5% per year) are forecast to grow faster than the CN market (23.9% per year).

High Growth Earnings: 600845's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600845's revenue (26.9% per year) is forecast to grow faster than the CN market (17.5% per year).

High Growth Revenue: 600845's revenue (26.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600845's Return on Equity is forecast to be high in 3 years time (23.9%)


Discover growth companies

Past Performance

How has Shanghai Baosight SoftwareLtd performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


36.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 600845 has high quality earnings.

Growing Profit Margin: 600845's current net profit margins (15.3%) are higher than last year (13.4%).


Past Earnings Growth Analysis

Earnings Trend: 600845's earnings have grown significantly by 36.3% per year over the past 5 years.

Accelerating Growth: 600845's earnings growth over the past year (27.4%) is below its 5-year average (36.3% per year).

Earnings vs Industry: 600845 earnings growth over the past year (27.4%) exceeded the Software industry -12.3%.


Return on Equity

High ROE: 600845's Return on Equity (19.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Shanghai Baosight SoftwareLtd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 600845's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥8.3B).

Long Term Liabilities: 600845's short term assets (CN¥14.6B) exceed its long term liabilities (CN¥436.5M).


Debt to Equity History and Analysis

Debt Level: 600845 has more cash than its total debt.

Reducing Debt: 600845's debt to equity ratio has increased from 0.5% to 2.3% over the past 5 years.

Debt Coverage: 600845's debt is well covered by operating cash flow (1100%).

Interest Coverage: 600845 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Shanghai Baosight SoftwareLtd current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.83%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 600845's dividend (1.83%) is higher than the bottom 25% of dividend payers in the CN market (0.48%).

High Dividend: 600845's dividend (1.83%) is low compared to the top 25% of dividend payers in the CN market (1.94%).


Stability and Growth of Payments

Stable Dividend: 600845's dividends per share have been stable in the past 10 years.

Growing Dividend: 600845's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (80.2%), 600845's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (79.5%), 600845's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average board tenure


CEO

Jianhu Wang (51 yo)

no data

Tenure

CN¥1,204,200

Compensation

Mr. Jianhu Wang is General Manager and Director at Shanghai Baosight Software Co.,Ltd. and was its Deputy General Manager since 25th April, 2013. Mr. Wang was a Deputy General Manager (Special Case) at Sha...


Board Members

Experienced Board: 600845's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai Baosight Software Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Baosight Software Co.,Ltd.
  • Ticker: 600845
  • Exchange: SHSE
  • Founded: 1978
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CN¥72.816b
  • Shares outstanding: 1.52b
  • Website: https://www.baosight.com

Number of Employees


Location

  • Shanghai Baosight Software Co.,Ltd.
  • Pilot Free Trade Zone
  • No. 515 Guoshoujing Road
  • Shanghai
  • 201203
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.