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6881

Primeton Information Technologies SHSE:688118 Stock Report

Last Price

CN¥15.44

Market Cap

CN¥1.5b

7D

-4.7%

1Y

-33.5%

Updated

24 May, 2022

Data

Company Financials
688118 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends2/6

688118 Stock Overview

Primeton Information Technologies, Inc. operates as a professional software infrastructure platform and solution provider in China.

Primeton Information Technologies Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Primeton Information Technologies
Historical stock prices
Current Share PriceCN¥15.44
52 Week HighCN¥33.88
52 Week LowCN¥14.22
Beta0.56
1 Month Change-7.88%
3 Month Change-40.68%
1 Year Change-33.48%
3 Year Changen/a
5 Year Changen/a
Change since IPO-64.30%

Recent News & Updates

Shareholder Returns

688118CN SoftwareCN Market
7D-4.7%2.5%2.7%
1Y-33.5%-32.9%-14.2%

Return vs Industry: 688118 matched the CN Software industry which returned -32.9% over the past year.

Return vs Market: 688118 underperformed the CN Market which returned -14.2% over the past year.

Price Volatility

Is 688118's price volatile compared to industry and market?
688118 volatility
688118 Average Weekly Movement5.8%
Software Industry Average Movement7.0%
Market Average Movement7.3%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 688118 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 688118's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,452Michael Yanghttps://www.primeton.com

Primeton Information Technologies, Inc. operates as a professional software infrastructure platform and solution provider in China. The company offers software infrastructure products, such as middleware, cloud application platform and big data middle platform to large and medium-sized enterprises and institutions in the financial, telecommunications, government, and other industries. It provides cloud application and SOA integration platform software, as well as big data in the middle of the software products.

Primeton Information Technologies Fundamentals Summary

How do Primeton Information Technologies's earnings and revenue compare to its market cap?
688118 fundamental statistics
Market CapCN¥1.51b
Earnings (TTM)CN¥28.46m
Revenue (TTM)CN¥446.77m

49.8x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
688118 income statement (TTM)
RevenueCN¥446.77m
Cost of RevenueCN¥215.25m
Gross ProfitCN¥231.51m
Other ExpensesCN¥203.05m
EarningsCN¥28.46m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin51.82%
Net Profit Margin6.37%
Debt/Equity Ratio0%

How did 688118 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

164%

Payout Ratio

Valuation

Is Primeton Information Technologies 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


49.81x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 688118 (CN¥15.44) is trading above our estimate of fair value (CN¥7.48)

Significantly Below Fair Value: 688118 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 688118 is poor value based on its Price-To-Earnings Ratio (49.8x) compared to the CN Software industry average (49.4x).

PE vs Market: 688118 is poor value based on its Price-To-Earnings Ratio (49.8x) compared to the CN market (31.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 688118's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 688118 is good value based on its Price-To-Book Ratio (1.6x) compared to the CN Software industry average (2.9x).


Future Growth

How is Primeton Information Technologies 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


33.3%

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 Primeton Information Technologies 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 Primeton Information Technologies performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 688118 has a large one-off gain of CN¥8.1M impacting its March 31 2022 financial results.

Growing Profit Margin: 688118's current net profit margins (6.4%) are lower than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: 688118's earnings have declined by 7.2% per year over the past 5 years.

Accelerating Growth: 688118's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688118 had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Software industry average (-12.9%).


Return on Equity

High ROE: 688118's Return on Equity (3.2%) is considered low.


Financial Health

How is Primeton Information Technologies'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: 688118's short term assets (CN¥892.5M) exceed its short term liabilities (CN¥118.3M).

Long Term Liabilities: 688118's short term assets (CN¥892.5M) exceed its long term liabilities (CN¥6.1M).


Debt to Equity History and Analysis

Debt Level: 688118 is debt free.

Reducing Debt: 688118 has not had any debt for past 5 years.

Debt Coverage: 688118 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688118 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Primeton Information Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.24%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 688118's dividend (3.24%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).

High Dividend: 688118's dividend (3.24%) is in the top 25% of dividend payers in the CN market (2.03%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 688118 has been paying a dividend for less than 10 years.

Growing Dividend: 688118's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (163.6%), 688118's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (125.1%), 688118'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

Michael Yang

no data

Tenure

Mr. Michael Yang serves as the Chief Executive Officer of Primeton Information Technologies, Inc. (formerly known as Primeton Technologies Ltd.). since January 2005. Yang is responsible for creating compan...


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

Primeton Information Technologies, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Primeton Information Technologies, Inc.
  • Ticker: 688118
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CN¥1.512b
  • Shares outstanding: 91.82m
  • Website: https://www.primeton.com

Number of Employees


Location

  • Primeton Information Technologies, Inc.
  • No. 456, Bibo Road
  • 4th Floor
  • 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 Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 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.