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6881

Hangzhou Pinming SoftwareLtd SHSE:688109 Stock Report

Last Price

CN¥29.20

Market Cap

CN¥1.6b

7D

0.3%

1Y

-62.1%

Updated

16 May, 2022

Data

Company Financials
688109 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

688109 Stock Overview

Hangzhou Pinming Software Co., Ltd researches and develops software products.

Hangzhou Pinming SoftwareLtd Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Hangzhou Pinming SoftwareLtd
Historical stock prices
Current Share PriceCN¥29.20
52 Week HighCN¥93.32
52 Week LowCN¥26.18
Beta0
1 Month Change-18.80%
3 Month Change-38.03%
1 Year Change-62.06%
3 Year Changen/a
5 Year Changen/a
Change since IPO-67.37%

Recent News & Updates

Shareholder Returns

688109CN SoftwareCN Market
7D0.3%2.1%2.9%
1Y-62.1%-32.7%-15.8%

Return vs Industry: 688109 underperformed the CN Software industry which returned -30.7% over the past year.

Return vs Market: 688109 underperformed the CN Market which returned -14.6% over the past year.

Price Volatility

Is 688109's price volatile compared to industry and market?
688109 volatility
688109 Average Weekly Movement7.1%
Software Industry Average Movement7.3%
Market Average Movement7.4%
10% most volatile stocks in CN Market10.3%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 688109 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 688109's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,521n/ahttps://www.pinming.cn

Hangzhou Pinming Software Co., Ltd researches and develops software products. It develops calculation software, formwork design software, construction planning software, and building information software. The company was founded in 2011 and is based in Hangzhou, China.

Hangzhou Pinming SoftwareLtd Fundamentals Summary

How do Hangzhou Pinming SoftwareLtd's earnings and revenue compare to its market cap?
688109 fundamental statistics
Market CapCN¥1.59b
Earnings (TTM)CN¥24.11m
Revenue (TTM)CN¥470.31m

65.9x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
688109 income statement (TTM)
RevenueCN¥470.31m
Cost of RevenueCN¥107.33m
Gross ProfitCN¥362.98m
Other ExpensesCN¥338.87m
EarningsCN¥24.11m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin77.18%
Net Profit Margin5.13%
Debt/Equity Ratio0%

How did 688109 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

136%

Payout Ratio

Valuation

Is Hangzhou Pinming SoftwareLtd undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


65.85x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 688109 (CN¥29.2) is trading above our estimate of fair value (CN¥11.6)

Significantly Below Fair Value: 688109 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 688109 is poor value based on its PE Ratio (65.9x) compared to the CN Software industry average (47.4x).

PE vs Market: 688109 is poor value based on its PE Ratio (65.9x) compared to the CN market (30.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 688109's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 688109 is good value based on its PB Ratio (1.8x) compared to the CN Software industry average (2.8x).


Future Growth

How is Hangzhou Pinming SoftwareLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.1%

Forecasted Software industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hangzhou Pinming SoftwareLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Hangzhou Pinming SoftwareLtd performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 688109 has a high level of non-cash earnings.

Growing Profit Margin: 688109's current net profit margins (5.1%) are lower than last year (26%).


Past Earnings Growth Analysis

Earnings Trend: 688109's earnings have grown by 17.5% per year over the past 5 years.

Accelerating Growth: 688109's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688109 had negative earnings growth (-77.7%) over the past year, making it difficult to compare to the Software industry average (-13%).


Return on Equity

High ROE: 688109's Return on Equity (2.7%) is considered low.


Financial Health

How is Hangzhou Pinming 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: 688109's short term assets (CN¥926.4M) exceed its short term liabilities (CN¥65.8M).

Long Term Liabilities: 688109's short term assets (CN¥926.4M) exceed its long term liabilities (CN¥8.3M).


Debt to Equity History and Analysis

Debt Level: 688109 is debt free.

Reducing Debt: 688109 has not had any debt for past 5 years.

Debt Coverage: 688109 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688109 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Hangzhou Pinming SoftwareLtd current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.05%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 688109's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688109's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.12%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 688109's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688109's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (135.6%), 688109's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 688109 is paying a dividend but the company has no free cash flows.


Next Steps

Management

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


CEO

Hangzhou Pinming 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

Hangzhou Pinming Software Co.,Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Hangzhou Pinming Software Co.,Ltd
  • Ticker: 688109
  • Exchange: SHSE
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CN¥1.588b
  • Shares outstanding: 54.37m
  • Website: https://www.pinming.cn

Number of Employees


Location

  • Hangzhou Pinming Software Co.,Ltd
  • Block C, Building B
  • 5th Floor
  • Hangzhou
  • Zhejiang Province
  • 310012
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 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.