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Hwatsing Technology Co. Ltd. A

688120 · SHG · Technology / Semiconductor Equipment & Materials

200.00CNY-2.50 (-1.23%)

Price History

Full chart

Market Stats

Previous Close202.50
Open204.50
Day Range197.20 – 210.50
52-Week Range89.82 – 374.85
Volume9.07M
Market Cap112.87B
P/E (TTM)98.03
Forward P/E0.00
EPS2.32
Dividend Yield0.18%
Beta0.47
50-Day Avg256.47
200-Day Avg186.26

About

Hwatsing Technology Co., Ltd. engages in the research, development, production, sales, and technical services of semiconductor equipment in China and internationally. The company offers chemical mechanical polishers, implanters, grinders, bevel polishers, dicers, wet process and film metrology equipment, wafer regeneration and reclaim services, and consumables and maintenance services. Its products are mainly used in integrated circuits, advanced packaging, advanced packaging, large silicon wafers, MEMS, micro-LED, and other third-generation semiconductors. The company was founded in 2013 and is headquartered in Tianjin, China.

Company Details

  • SectorTechnology
  • IndustrySemiconductor Equipment & Materials
  • CEOMr. Tongqing Wang
  • Employees2.65K
  • HeadquartersNo. 11, Juxing Road, Tianjin, China, 300350, China
  • Websitehttps://www.hwatsing.com

Leadership

  • Mr. Tongqing WangGM & Chairman · b. 1983
  • Mr. Huaixu WangFinancial Director & Director · b. 1972
  • Mr. Xinchun LuChief Scientist · b. 1966
  • Mr. Kun LiExecutive VP & Director · b. 1979
  • Mr. Ke WangDeputy GM & Employee Director · b. 1980
  • Mr. Zhenyin ChenBoard Secretary · b. 1986
  • Feng WangAccounting Supervisor
  • Mr. Fu Sheng LiuDeputy General Manager · b. 1976

Financials

Income Statement

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue385.89M804.88M1.65B2.51B3.41B4.65B
Growth (%)-+108.58%+104.86%+52.11%+35.82%+36.46%
Cost of Revenue238.61M444.86M861.98M1.42B1.93B2.70B
Gross Profit147.29M360.02M786.86M1.09B1.47B1.94B
Gross Margin38.17%44.73%47.72%43.55%43.20%41.81%
Operating Expense42.09M162.28M289.57M340.97M389.15M820.36M
Operating Income105.20M197.74M497.29M751.18M1.08B1.12B
Operating Margin27.26%24.57%30.16%29.95%31.78%24.16%
EBITDA--615.32M872.90M1.22B1.36B
EBITDA Margin--37.32%34.80%35.82%29.29%
Net Income97.79M198.28M501.60M723.75M1.02B1.08B
Net Income Margin25.34%24.63%30.42%28.86%30.05%23.31%
R&D50.55M114.07M216.59M303.93M382.22M537.50M
R&D as % of Total Revenue13.10%14.17%13.14%12.12%11.22%11.56%
Interest Expense8.12M3.90M5.52M10.05M12.32M8.79M
Interest Expense % of Total Revenue2.10%0.48%0.33%0.40%0.36%0.19%

Balance Sheet

Currency: CNY2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.48B3.03B7.83B9.12B11.75B13.14B
Total Liabilities-874.72M2.22B3.04B3.60B5.27B5.68B
Total Equity-608.39M808.21M4.79B5.52B6.47B7.46B
Cash-331.26M616.98M2.06B2.56B2.76B2.04B
Net Debt55.63M------

Cash Flow

Currency: CNY2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow158.97M389.81M25.10M652.93M1.15B799.82M
Capital Expenditure157.67M174.32M174.86M339.53M321.81M222.18M
Free Cash Flow1.30M215.48M-149.75M313.40M832.80M577.64M
Dividends Paid9.19M5.50M5.63M63.05M99.79M138.62M
FCF to OCF0.82%55.28%-596.57%48.00%72.13%72.22%
Dividend Paid to FCF705.76%2.55%-3.76%20.12%11.98%24.00%

Earnings

Report DateAug 15, 2022Oct 19, 2022Feb 27, 2023Apr 24, 2023Aug 28, 2023Oct 30, 2023Feb 27, 2024Apr 26, 2024Jun 30, 2024Oct 29, 2024Feb 27, 2025Aug 28, 2025Oct 30, 2025Dec 31, 2025Apr 22, 2026Aug 21, 2026
EPS Estimate--1.020.260.351.180.280.401.020.440.430.700.620.890.890.65
EPS Actual0.891.471.660.330.171.190.300.421.870.500.491.060.530.590.590.44
Surprise--62.75%26.92%-51.43%0.85%7.14%5.00%83.33%13.64%13.95%51.43%-14.52%-33.60%-33.71%-32.31%
TimingPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hours-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market

Key Statistics & Ratios

Market Cap112.87B
Enterprise Value122.22B
Trailing P/E98.03
Forward P/E0.00
Price / Sales21.13
Price / Book15.94
EPS2.32
Book Value16.02
Revenue (TTM)5.34B
Gross Profit (TTM)2.14B
EBITDA1.23B
Profit Margin21.37%
Operating Margin18.96%
Return on Equity15.32%
Return on Assets5.01%
Shares Outstanding496.28M
Shares Float285.82M
Beta0.47
Dividend Yield0.18%
Dividend Rate0.40
Payout Ratio18.58%

Dividends

20261×
0.40Jun 10, 2026
20251×
0.26Jul 3, 2025
20241×
0.26Jul 2, 2024
20231×
0.16Jun 27, 2023

Stock Splits

  • Jun 10, 20261.4:1
  • Jul 3, 20251.49:1
  • Jul 2, 20241.49:1
  • Jun 27, 20231.49:1