Shanghai Hollywave Electronic System (SHSE:688682) - Share price, News & Analysis

688682 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	3/6
Financial Health	6/6
Dividends	1/6

688682 Stock Overview

Shanghai Hollywave Electronic System Co., Ltd.

Rewards

Earnings are forecast to grow 31.96% per year

Earnings grew by 29.9% over the past year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months

Shanghai Hollywave Electronic System Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shanghai Hollywave Electronic System
Historical stock prices
Current Share Price	CN¥97.14
52 Week High	CN¥200.00
52 Week Low	CN¥77.00
Beta	0
1 Month Change	6.50%
3 Month Change	-25.42%
1 Year Change	22.73%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-6.15%

Shareholder Returns

	688682	CN Software	CN Market
7D	0.8%	-0.07%	1.1%
1Y	22.7%	-32.2%	-15.4%

Return vs Industry: 688682 exceeded the CN Software industry which returned -32.7% over the past year.

Return vs Market: 688682 exceeded the CN Market which returned -15.8% over the past year.

Price Volatility

Is 688682's price volatile compared to industry and market?
688682 volatility
688682 Average Weekly Movement	8.7%
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: 688682 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 688682's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
2007	119	n/a	https://holly-wave.com

Shanghai Hollywave Electronic System Co., Ltd. develops and sells phased array calibration test systems, software, and related products. The company provides multi-probe near-field test systems, outdoor far field test systems, indoor far field systems, and modular multi-channel digital phased array test systems; phased array rapid design software, antenna system outline design software, and 3D complex electromagnetic environment simulation platform software; and radar products.

Shanghai Hollywave Electronic System Fundamentals Summary

How do Shanghai Hollywave Electronic System's earnings and revenue compare to its market cap?
688682 fundamental statistics
Market Cap	CN¥3.59b
Earnings (TTM)	CN¥59.38m
Revenue (TTM)	CN¥339.01m

60.5x

P/E Ratio

10.6x

P/S Ratio

Is 688682 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
688682 income statement (TTM)
Revenue	CN¥339.01m
Cost of Revenue	CN¥191.36m
Gross Profit	CN¥147.64m
Other Expenses	CN¥88.26m
Earnings	CN¥59.38m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.60
Gross Margin	43.55%
Net Profit Margin	17.52%
Debt/Equity Ratio	0%

How did 688682 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is Shanghai Hollywave Electronic System undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

60.52x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 688682 (CN¥97.14) is trading above our estimate of fair value (CN¥9.69)

Significantly Below Fair Value: 688682 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 688682 is poor value based on its PE Ratio (60.5x) compared to the CN Software industry average (47.4x).

PE vs Market: 688682 is poor value based on its PE Ratio (60.5x) compared to the CN market (30.4x).

Price to Earnings Growth Ratio

PEG Ratio: 688682 is poor value based on its PEG Ratio (1.9x)

Price to Book Ratio

PB vs Industry: 688682 is overvalued based on its PB Ratio (5.9x) compared to the CN Software industry average (2.8x).

Future Growth

How is Shanghai Hollywave Electronic System forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

32.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688682's forecast earnings growth (32% per year) is above the savings rate (3.3%).

Earnings vs Market: 688682's earnings (32% 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: 688682's revenue (30.8% per year) is forecast to grow faster than the CN market (17.2% per year).

High Growth Revenue: 688682's revenue (30.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 688682's Return on Equity is forecast to be low in 3 years time (9.6%).

Past Performance

How has Shanghai Hollywave Electronic System 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

21.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 688682 has a high level of non-cash earnings.

Growing Profit Margin: 688682's current net profit margins (17.5%) are lower than last year (19%).

Past Earnings Growth Analysis

Earnings Trend: 688682's earnings have grown significantly by 21.6% per year over the past 5 years.

Accelerating Growth: 688682's earnings growth over the past year (29.9%) exceeds its 5-year average (21.6% per year).

Earnings vs Industry: 688682 earnings growth over the past year (29.9%) exceeded the Software industry -13%.

Return on Equity

High ROE: 688682's Return on Equity (10.7%) is considered low.

Financial Health

How is Shanghai Hollywave Electronic System'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: 688682's short term assets (CN¥717.5M) exceed its short term liabilities (CN¥190.7M).

Long Term Liabilities: 688682's short term assets (CN¥717.5M) exceed its long term liabilities (CN¥10.2M).

Debt to Equity History and Analysis

Debt Level: 688682 is debt free.

Reducing Debt: 688682 had no debt 5 years ago.

Debt Coverage: 688682 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688682 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Shanghai Hollywave Electronic System 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

0.51%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 688682's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688682's dividend (0.51%) is low compared to the top 25% of dividend payers in the CN market (2.11%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether 688682's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688682's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.2%), 688682's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 688682 is paying a dividend but the company has no free cash flows.

Next Steps

Explore strong dividend paying companies in the Software industry.

Management

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

CEO

Shanghai Hollywave Electronic System 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31