Shenzhen Ysstech Info-TechLtd (SZSE:300377) - Share price, News & Analysis

300377 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	1/6

300377 Stock Overview

Shenzhen Ysstech Info-Tech Co.,Ltd provides application software and services for financial institution asset management and custody business systems in the China.

Risk Analysis

Earnings have declined by 9.3% per year over past 5 years

Dividend of 1.22% is not well covered by earnings or forecast to be in the next 3 years

Large one-off items impacting financial results

Profit margins (4%) are lower than last year (24.6%)

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen Ysstech Info-TechLtd
Historical stock prices
Current Share Price	CN¥8.16
52 Week High	CN¥15.95
52 Week Low	CN¥7.47
Beta	0.35
1 Month Change	-34.03%
3 Month Change	-38.04%
1 Year Change	-5.12%
3 Year Change	-34.14%
5 Year Change	-36.31%
Change since IPO	162.55%

Shareholder Returns

	300377	CN Software	CN Market
7D	-0.6%	7.0%	3.7%
1Y	-5.1%	-31.3%	-15.2%

Return vs Industry: 300377 exceeded the CN Software industry which returned -32.4% over the past year.

Return vs Market: 300377 exceeded the CN Market which returned -16.2% over the past year.

Price Volatility

Is 300377's price volatile compared to industry and market?
300377 volatility
300377 Average Weekly Movement	7.7%
Software Industry Average Movement	7.4%
Market Average Movement	7.3%
10% most volatile stocks in CN Market	10.2%
10% least volatile stocks in CN Market	5.2%

Stable Share Price: 300377 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 300377's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	4,088	Qiu Tang	https://www.ysstech.com

Shenzhen Ysstech Info-Tech Co.,Ltd provides application software and services for financial institution asset management and custody business systems in the China. The company offers financial management solutions, including financial product life cycle management system, fund sales registration and transfer system, FOF/MOM fund investment analysis system, smart valuation, public offering information disclosure, business control platform, and operational outsourcing solutions; integrated bank wealth management business information systems for small and medium commercial banks; blockchain services for big asset management businesses; Intelligent operation management platform; big data; and intelligent public opinion systems. It also provides financial custody solutions comprising public offering and private equity product solutions for public fund, including accounting, valuation, financial, clearing, supervision, and information disclosure businesses; solutions for national social security council products; product life cycle management solution; and fund clearing platform.

Shenzhen Ysstech Info-TechLtd Fundamentals Summary

How do Shenzhen Ysstech Info-TechLtd's earnings and revenue compare to its market cap?
300377 fundamental statistics
Market Cap	CN¥6.18b
Earnings (TTM)	CN¥42.14m
Revenue (TTM)	CN¥1.06b

145.6x

P/E Ratio

5.8x

P/S Ratio

Is 300377 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
300377 income statement (TTM)
Revenue	CN¥1.06b
Cost of Revenue	CN¥382.37m
Gross Profit	CN¥674.94m
Other Expenses	CN¥632.81m
Earnings	CN¥42.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.056
Gross Margin	63.83%
Net Profit Margin	3.98%
Debt/Equity Ratio	0.4%

How did 300377 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

178%

Payout Ratio

Valuation

Is Shenzhen Ysstech Info-TechLtd 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

145.56x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: 300377 (CN¥8.22) is trading above our estimate of fair value (CN¥1.29)

Significantly Below Fair Value: 300377 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: 300377 is poor value based on its PE Ratio (146.6x) compared to the CN Software industry average (43.4x).

PE vs Market: 300377 is poor value based on its PE Ratio (146.6x) compared to the CN market (28.3x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 300377's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 300377 is good value based on its PB Ratio (2.1x) compared to the CN Software industry average (2.6x).

Future Growth

How is Shenzhen Ysstech Info-TechLtd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

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

12.2%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 300377's forecast earnings growth is above the savings rate (3.3%).

Earnings vs Market: Insufficient data to determine if 300377's earnings are forecast to grow faster than the CN market

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

Revenue vs Market: 300377's revenue (12.2% per year) is forecast to grow slower than the CN market (17.1% per year).

High Growth Revenue: 300377's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 300377's Return on Equity is forecast to be high in 3 years time

Past Performance

How has Shenzhen Ysstech Info-TechLtd 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

-9.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 300377 has a large one-off gain of CN¥10.4M impacting its March 31 2022 financial results.

Growing Profit Margin: 300377's current net profit margins (4%) are lower than last year (24.6%).

Past Earnings Growth Analysis

Earnings Trend: 300377's earnings have declined by 9.3% per year over the past 5 years.

Accelerating Growth: 300377's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 300377 had negative earnings growth (-81.3%) over the past year, making it difficult to compare to the Software industry average (-12.9%).

Return on Equity

High ROE: 300377's Return on Equity (0.7%) is considered low.

Financial Health

How is Shenzhen Ysstech Info-TechLtd's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 300377's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥233.0M).

Long Term Liabilities: 300377's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥73.8M).

Debt to Equity History and Analysis

Debt Level: 300377 has more cash than its total debt.

Reducing Debt: 300377's debt to equity ratio has increased from 0.3% to 0.4% over the past 5 years.

Debt Coverage: 300377's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 300377's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Shenzhen Ysstech Info-TechLtd 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

1.23%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 300377's dividend (1.22%) is higher than the bottom 25% of dividend payers in the CN market (0.59%).

High Dividend: 300377's dividend (1.22%) is low compared to the top 25% of dividend payers in the CN market (2.24%).

Stability and Growth of Payments

Stable Dividend: 300377 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 300377's dividend payments have increased, but the company has only paid a dividend for 8 years.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (178.4%), 300377's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 300377 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?

11.4yrs

Average management tenure

CEO

Qiu Tang (50 yo)

9.08yrs

Tenure

CN¥870,000

Compensation

Mr. Qiu Tang serves as Chairman and General Manager at Shenzhen Ysstech Info-Tech Co.,Ltd since April 2013. He serves as Director at Shenzhen Ysstech Info-Tech Co. Ltd since March 20, 2010.

Leadership Team

Experienced Management: 300377's management team is seasoned and experienced (11.4 years average tenure).

Board Members

Experienced Board: 300377's board of directors are considered experienced (6.5 years average tenure).

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	2022/05/06 00:00
End of Day Share Price	2022/05/06 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31