YOLFTbeta
60

Hangzhou Zongheng Commun

603602 · SHG · Communication Services / Telecom Services

11.87CNY-0.14 (-1.17%)

Price History

Full chart

Market Stats

Previous Close12.01
Open12.00
Day Range11.82 – 12.22
52-Week Range9.20 – 17.75
Volume6.29M
Market Cap2.86B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.72
Dividend Yield0.57%
Beta0.24
50-Day Avg11.33
200-Day Avg13.06

About

Hangzhou Freely Communication Co., Ltd., together with its subsidiaries, engages in the artificial intelligence driven omni-channel digital marketing, low-altitude economy, and digital infrastructure business in China. The company offers creative content creation, customized placement strategies, real-time data analysis, and operational optimization. It also offers full-domain digital marketing services to telecommunications operators and other entities, including communication network construction and maintenance services, communication product sales and operation, indoor distribution system and base station installation engineering services, integrated access services, and antenna engineering services. In addition, the company engages in research and development of avionics and flight control systems for eVTOL and medium and large UAVs. Further, it provides 5G new infrastructure-related and digital transformation services, including communication network construction and maintenance services to government, enterprise, and large industry sectors. Additionally, the company offers professional and information technology consulting services, application software development, technology promotion and application services, cross-border internet, wholesale and retail services, information transmission, software and information technology services, and serves telecom operators. Hangzhou Freely Communication Co., Ltd. was incorporated in 2006 and is headquartered in Hangzhou, China.

Company Details

  • SectorCommunication Services
  • IndustryTelecom Services
  • CEOMr. Haitao Wu
  • Employees984
  • HeadquartersBuilding A, Zongheng Communication, Hangzhou, China, 310051, China
  • Websitehttps://www.freelynet.com

Leadership

  • Mr. Haitao WuVice Chairman & GM · b. 1974
  • Mr. Jinlong ZhuAccounting Supervisor, CFO & Board Secretary · b. 1976

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue261.45M281.09M309.24M331.90M417.52M510.99M588.03M583.73M864.75M777.55M883.80M1.13B1.36B1.66B1.84B
Growth (%)-+7.51%+10.01%+7.33%+25.80%+22.39%+15.08%-0.73%+48.14%-10.08%+13.66%+28.29%+19.83%+22.54%+10.30%
Cost of Revenue165.55M162.36M191.46M231.26M309.48M405.71M476.93M483.23M745.38M688.51M784.09M992.34M1.16B1.39B1.56B
Gross Profit95.90M118.73M117.79M100.64M108.04M105.28M111.10M100.50M119.37M89.04M99.71M141.47M194.19M276.02M279.56M
Gross Margin36.68%42.24%38.09%30.32%25.88%20.60%18.89%17.22%13.80%11.45%11.28%12.48%14.29%16.58%15.22%
Operating Expense47.43M57.79M63.63M46.32M50.36M43.22M42.20M53.53M84.39M89.81M85.80M121.69M160.01M235.39M226.30M
Operating Income48.47M60.94M54.16M54.32M57.67M62.07M68.90M46.97M34.98M-767.42K13.91M19.77M34.19M40.63M53.26M
Operating Margin18.54%21.68%17.51%16.37%13.81%12.15%11.72%8.05%4.05%-0.10%1.57%1.74%2.52%2.44%2.90%
EBITDA60.79M56.64M66.66M68.42M67.94M69.48M73.44M52.97M45.92M15.85M34.66M40.70M65.01M80.18M-114.89M
EBITDA Margin23.25%20.15%21.56%20.61%16.27%13.60%12.49%9.07%5.31%2.04%3.92%3.59%4.78%4.82%-6.26%
Net Income40.51M42.88M45.56M48.00M48.53M53.71M59.95M44.52M38.51M16.61M17.73M21.92M32.85M18.86M-163.03M
Net Income Margin15.49%15.26%14.73%14.46%11.62%10.51%10.19%7.63%4.45%2.14%2.01%1.93%2.42%1.13%-8.88%
R&D10.27M10.77M11.34M12.51M14.40M19.10M23.90M25.34M35.27M36.55M36.10M46.53M59.72M73.50M80.30M
R&D as % of Total Revenue3.93%3.83%3.67%3.77%3.45%3.74%4.06%4.34%4.08%4.70%4.08%4.10%4.40%4.41%4.37%
Interest Expense7.56M08.17M8.49M7.20M4.16M2.42M1.09M8.83M13.47M17.51M14.53M16.83M25.77M21.28M
Interest Expense % of Total Revenue2.89%0.00%2.64%2.56%1.72%0.81%0.41%0.19%1.02%1.73%1.98%1.28%1.24%1.55%1.16%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets355.13M391.49M470.64M560.98M681.69M733.33M1.02B1.09B1.21B1.58B1.66B1.59B1.69B2.33B2.43B
Total Liabilities206.28M207.61M240.43M282.59M403.96M409.17M369.00M410.55M499.73M849.41M925.82M841.13M890.05M1.28B1.53B
Total Equity146.38M179.26M224.82M272.82M271.37M317.58M642.89M675.41M703.05M728.46M739.33M755.40M786.51M1.04B885.74M
Cash143.85M142.62M141.91M158.72M175.43M238.27M329.82M319.01M299.95M485.92M505.21M388.45M278.41M315.42M410.08M
Total Debt136.00M129.00M130.50M119.00M110.00M70.00M-20.00M73.22M321.30M344.00M296.03M307.76M556.29M-
Net Debt-7.85M-13.62M-11.41M-39.72M-65.43M-168.27M-329.82M-299.01M-226.73M-164.62M-161.21M-92.42M29.35M240.87M459.35M

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow21.83M28.56M7.43M36.95M88.32M117.79M32.73M-17.09M-64.00M44.24M161.13M129.82M74.13M-271.83M-68.69M
Investing Cash Flow-3.79M-4.56M-3.61M-1.36M-2.55M-4.02M-152.38M-6.56M-3.29M-94.01M-130.06M-170.95M-186.95M-259.69M-
Financing Cash Flow32.91M-26.63M-5.80M-19.73M-66.52M-51.44M194.17M7.62M49.60M238.70M-17.01M-71.21M8.52M461.91M-
Capital Expenditure3.88M4.67M4.07M1.94M2.66M4.23M3.99M16.56M82.32M116.78M165.61M224.07M134.41M126.06M53.69M
Free Cash Flow17.95M23.89M3.36M35.01M85.66M113.57M28.74M-33.66M-146.33M-72.54M-4.48M-94.25M-60.28M-397.89M-122.38M
Dividends Paid7.10M18.25M8.42M8.23M57.15M11.53M2.42M12.83M6.72M6.27M6.12M6.12M13.43M23.03M35.19M
FCF to OCF82.24%83.64%45.23%94.75%96.99%96.41%87.81%196.90%228.62%-163.99%-2.78%-72.60%-81.31%146.38%178.15%
Dividend Paid to FCF39.56%76.42%250.68%23.50%66.72%10.16%8.41%-38.12%-4.59%-8.65%-136.39%-6.49%-22.28%-5.79%-28.75%

Earnings

Report DateOct 28, 2017Dec 31, 2017Apr 28, 2018Aug 30, 2018Oct 30, 2018Dec 31, 2018Apr 29, 2019Aug 13, 2019Oct 29, 2019Dec 31, 2019Apr 30, 2020Aug 28, 2020Oct 28, 2020Dec 31, 2020Apr 1, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate-----------------------
EPS Actual0.020.15-0.020.130.010.10-0.020.110.020.090.09-0.050.000.19-0.020.030.010.06-0.050.090.050.02-0.04
Surprise-----------------------
TimingAfter-hours-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-market--------

Key Statistics & Ratios

Market Cap2.86B
Enterprise Value3.04B
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.41
Price / Book2.91
EPS-0.72
Book Value4.05
Revenue (TTM)2.02B
Gross Profit (TTM)292.69M
EBITDA-99.86M
Profit Margin-7.90%
Operating Margin3.40%
Return on Equity-13.85%
Return on Assets-3.05%
Shares Outstanding231.06M
Shares Float144.29M
Beta0.24
Dividend Yield0.57%
Dividend Rate0.07
Payout Ratio45.45%

Dividends

20231×
0.05Jun 21, 2023
20221×
0.03Jul 8, 2022
20211×
0.03May 19, 2021
20201×
0.04Jun 8, 2020
20191×
0.05May 16, 2019
20181×
0.08Jun 6, 2018

Stock Splits

  • Jun 8, 202013:10
  • May 16, 20197:5
  • Jun 6, 20187:5