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6033

Fujian Apex SoftwareLTD SHSE:603383 Stock Report

Last Price

CN¥23.19

Market Cap

CN¥4.0b

7D

-0.3%

1Y

-12.1%

Updated

19 May, 2022

Data

Company Financials +
603383 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance3/6
Financial Health6/6
Dividends3/6

603383 Stock Overview

Fujian Apex Software Co.,LTD operates as a professional platform software and information service provider company in China.

Fujian Apex SoftwareLTD Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Fujian Apex SoftwareLTD
Historical stock prices
Current Share PriceCN¥23.19
52 Week HighCN¥39.99
52 Week LowCN¥21.90
Beta0.76
1 Month Change-17.33%
3 Month Change-22.47%
1 Year Change-12.13%
3 Year Change-54.31%
5 Year Change13.18%
Change since IPO65.70%

Recent News & Updates

Shareholder Returns

603383CN SoftwareCN Market
7D-0.3%0.7%1.0%
1Y-12.1%-31.7%-15.4%

Return vs Industry: 603383 exceeded the CN Software industry which returned -31.7% over the past year.

Return vs Market: 603383 exceeded the CN Market which returned -15.4% over the past year.

Price Volatility

Is 603383's price volatile compared to industry and market?
603383 volatility
603383 Average Weekly Movement8.1%
Software Industry Average Movement7.2%
Market Average Movement7.4%
10% most volatile stocks in CN Market10.3%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 603383 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 603383's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,981n/ahttps://www.apexsoft.com.cn

Fujian Apex Software Co.,LTD operates as a professional platform software and information service provider company in China. It offers LiveBOS, a business process management platform for applications in the areas of securities, futures, funds, bank and trust, electronic trading, asset management, etc. The company was founded in 1996 and is based in Fuzhou, China.

Fujian Apex SoftwareLTD Fundamentals Summary

How do Fujian Apex SoftwareLTD's earnings and revenue compare to its market cap?
603383 fundamental statistics
Market CapCN¥3.96b
Earnings (TTM)CN¥137.68m
Revenue (TTM)CN¥530.26m

28.8x

P/E Ratio

7.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603383 income statement (TTM)
RevenueCN¥530.26m
Cost of RevenueCN¥163.59m
Gross ProfitCN¥366.67m
Other ExpensesCN¥228.99m
EarningsCN¥137.68m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin69.15%
Net Profit Margin25.96%
Debt/Equity Ratio0.0%

How did 603383 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

66%

Payout Ratio

Valuation

Is Fujian Apex SoftwareLTD undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


28.79x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 603383 (CN¥23.19) is trading above our estimate of fair value (CN¥8.26)

Significantly Below Fair Value: 603383 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603383 is good value based on its PE Ratio (28.8x) compared to the CN Software industry average (48.9x).

PE vs Market: 603383 is good value based on its PE Ratio (28.8x) compared to the CN market (30.5x).


Price to Earnings Growth Ratio

PEG Ratio: 603383 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 603383 is overvalued based on its PB Ratio (3.1x) compared to the CN Software industry average (2.8x).


Future Growth

How is Fujian Apex SoftwareLTD forecast to perform in the next 1 to 3 years based on estimates from 2 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


30.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603383's forecast earnings growth (30.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 603383's earnings (30.7% per year) are forecast to grow faster than the CN market (23.8% per year).

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

Revenue vs Market: 603383's revenue (27.3% per year) is forecast to grow faster than the CN market (17.3% per year).

High Growth Revenue: 603383's revenue (27.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603383's Return on Equity is forecast to be high in 3 years time (21.9%)


Past Performance

How has Fujian Apex SoftwareLTD performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 603383 has a high level of non-cash earnings.

Growing Profit Margin: 603383's current net profit margins (26%) are lower than last year (29%).


Past Earnings Growth Analysis

Earnings Trend: 603383's earnings have grown by 7% per year over the past 5 years.

Accelerating Growth: 603383's earnings growth over the past year (26.4%) exceeds its 5-year average (7% per year).

Earnings vs Industry: 603383 earnings growth over the past year (26.4%) exceeded the Software industry -12.9%.


Return on Equity

High ROE: 603383's Return on Equity (10.9%) is considered low.


Financial Health

How is Fujian Apex SoftwareLTD's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 603383's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥297.6M).

Long Term Liabilities: 603383's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥150.7K).


Debt to Equity History and Analysis

Debt Level: 603383 is debt free.

Reducing Debt: 603383 had no debt 5 years ago.

Debt Coverage: 603383 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 603383 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Fujian Apex SoftwareLTD current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.37%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 603383's dividend (2.37%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 603383's dividend (2.37%) is in the top 25% of dividend payers in the CN market (2.11%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603383 has been paying a dividend for less than 10 years.

Growing Dividend: 603383's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (65.6%), 603383's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (99.8%), 603383's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Fujian Apex SoftwareLTD has no CEO, or we have no data on them.


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

Fujian Apex Software Co.,LTD's employee growth, exchange listings and data sources


Key Information

  • Name: Fujian Apex Software Co.,LTD
  • Ticker: 603383
  • Exchange: SHSE
  • Founded: 1996
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CN¥3.964b
  • Shares outstanding: 170.92m
  • Website: https://www.apexsoft.com.cn

Number of Employees


Location

  • Fujian Apex Software Co.,LTD
  • Building 13, Area A, Software Park
  • No. 89 Software Avenue
  • Fuzhou
  • Fujian Province
  • 350003
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 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.