688588 Stock Overview
Linkage Software Co., LTD offers financial software outsourcing services for domestic securities industry.
Linkage Software Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥10.27|
|52 Week High||CN¥19.76|
|52 Week Low||CN¥8.70|
|1 Month Change||-10.38%|
|3 Month Change||-28.68%|
|1 Year Change||-37.11%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-75.51%|
Recent News & Updates
|688588||CN Software||CN Market|
Return vs Industry: 688588 underperformed the CN Software industry which returned -32.7% over the past year.
Return vs Market: 688588 underperformed the CN Market which returned -15.8% over the past year.
|688588 Average Weekly Movement||6.0%|
|Software Industry Average Movement||7.2%|
|Market Average Movement||7.4%|
|10% most volatile stocks in CN Market||10.3%|
|10% least volatile stocks in CN Market||5.3%|
Stable Share Price: 688588 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 688588's weekly volatility (6%) has been stable over the past year.
About the Company
Linkage Software Co., LTD offers financial software outsourcing services for domestic securities industry. The company’s software is used for the implementation of the line items, which includes micro-credit financing platform for online brokerage, data mining solutions, real-time big data solutions, public equity raised platform and integrated financial services platform solutions, business related to the field of Internet banking, mobile data terminals, big data analytics, and trading and other pages. It also offers software development services.
Linkage Software Fundamentals Summary
|688588 fundamental statistics|
Is 688588 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|688588 income statement (TTM)|
|Cost of Revenue||CN¥356.14m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.37|
|Net Profit Margin||22.39%|
How did 688588 perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is Linkage Software undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 688588 (CN¥10.27) is trading above our estimate of fair value (CN¥3.87)
Significantly Below Fair Value: 688588 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 688588 is good value based on its PE Ratio (28.1x) compared to the CN Software industry average (47.4x).
PE vs Market: 688588 is good value based on its PE Ratio (28.1x) compared to the CN market (30.4x).
Price to Earnings Growth Ratio
PEG Ratio: 688588 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 688588 is overvalued based on its PB Ratio (3.1x) compared to the CN Software industry average (2.8x).
How is Linkage Software forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688588's forecast earnings growth (20.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 688588's earnings (20.7% per year) are forecast to grow slower 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: 688588's revenue (18.4% per year) is forecast to grow faster than the CN market (17.2% per year).
High Growth Revenue: 688588's revenue (18.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688588's Return on Equity is forecast to be low in 3 years time (13.7%).
How has Linkage Software performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 688588 has high quality earnings.
Growing Profit Margin: 688588's current net profit margins (22.4%) are lower than last year (31%).
Past Earnings Growth Analysis
Earnings Trend: 688588's earnings have grown significantly by 21.6% per year over the past 5 years.
Accelerating Growth: 688588's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688588 had negative earnings growth (-27.8%) over the past year, making it difficult to compare to the Software industry average (-13%).
Return on Equity
High ROE: 688588's Return on Equity (11.2%) is considered low.
How is Linkage Software's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 688588's short term assets (CN¥980.9M) exceed its short term liabilities (CN¥51.9M).
Long Term Liabilities: 688588's short term assets (CN¥980.9M) exceed its long term liabilities (CN¥18.4M).
Debt to Equity History and Analysis
Debt Level: 688588 is debt free.
Reducing Debt: 688588 had no debt 5 years ago.
Debt Coverage: 688588 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688588 has no debt, therefore coverage of interest payments is not a concern.
What is Linkage Software current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 688588's dividend (1.95%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688588's dividend (1.95%) is low compared to 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, 688588 has been paying a dividend for less than 10 years.
Growing Dividend: 688588 has only been paying a dividend for 2 years, and since then payments have not increased.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), 688588's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), 688588's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Baoquan Zhang (56 yo)
Mr. Baoquan Zhang serves as Chairman of the Board and General Manager at Linkage Software Co., LTD. Mr. Zhang holds Master's degree.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Linkage Software Co., LTD's employee growth, exchange listings and data sources
- Name: Linkage Software Co., LTD
- Ticker: 688588
- Exchange: SHSE
- Founded: 2003
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CN¥4.108b
- Shares outstanding: 400.01m
- Website: https://www.linkstec.com
Number of Employees
- Linkage Software Co., LTD
- No. 96, Qitai Road
- Suzhou Industrial Park
- Jiangsu Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 00:00|
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.