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Hangzhou-based custom software and IT services provider for telecom, auto, healthcare and logistics clients.
Hangzhou-based custom software and IT services provider for telecom, auto, healthcare and logistics clients.
Moat: none (customer qualification). Project-based outsourced software development with limited differentiation versus other IT service vendors.
Headquarters: Hangzhou, China · Founded: 2009 · Employees: 11,933
Size Hydsoft Technology (301316.SZ) is a China Information Technology company (Packaged Software) with a market value of $1.86B, the 1351st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥30.10 on 6 Nov 2026.
Performance Over six months the shares fell 40.9%, against -14.9% for the median peer and -16.4% for the China market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 19.1% over the last twelve months (peer median +9.8%); the operating margin is 3.3% (peer median 3.2%).
Valuation It trades at 158.4× forward earnings against a peer median of 36.5× (2nd most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 46% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is +19 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.1 points below its cost of capital (8.8% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.57B | CN¥2.23B | CN¥1.74B | CN¥1.35B | CN¥1.18B |
| Revenue growth | — | +29% | +28% | +15% | — |
| Gross profit | CN¥500M | CN¥409M | CN¥371M | CN¥297M | CN¥264M |
| EBITDA | n/a | CN¥114M | CN¥131M | CN¥119M | CN¥119M |
| Net income | CN¥68.0M | CN¥97.8M | CN¥65.6M | CN¥82.5M | CN¥89.4M |
| Free cash flow | CN¥71.9M | CN¥76.0M | -CN¥37.4M | CN¥27.8M | CN¥42.6M |
| Capital expenditure | CN¥23.3M | CN¥18.4M | CN¥105M | CN¥78.3M | CN¥9.79M |
| Total debt | CN¥321M | CN¥391M | CN¥357M | CN¥149M | CN¥68.4M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Hydsoft Technology 301316.SZ | $1.86B | -41% | +19% | 3% | 158.4× | 46.1% |
| Chinasoft International 0354.HK | $1.18B | 0% | +3% | 2% | 12.4× | 17.8% |
| Neusoft 600718.SS | $1.51B | -3% | -5% | -5% | 37.1× | -6.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 301316.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -18.2% | +3.3% | 3rd lowest of 21 |
| 6-month return | -40.9% | -14.9% | 4th lowest of 21 |
| Distance from 52-week high | -51.0% | -40.1% | 5th lowest of 21 |
| Revenue growth (TTM) | +19.1% | +9.8% | 9th highest of 21 |
| Operating margin | 3.3% | 3.2% | 11th highest of 21 |
| Forward P/E | 158.4× | 36.5× | 2nd most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 46.1% | 22.0% | 3rd most demanding of 14 |
| Growth delivered (Del g) | +26.7% | +16.8% | 3rd highest of 14 |
| Hurdle (Req g minus delivered) | +19.5 pp | -4.5 pp | 6th most demanding of 14 |
| ROIC minus cost of capital | -2.1 pp | -1.9 pp | 10th highest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hydsoft Technology 301316.SZ | China | $1.86B | -41% | +19% | 3% | 158.4× | 46.1% | +26.7% |
| eToro ETOR | United States | $1.86B | -40% | +10% | 32% | 11.0× | -18.5% | +15.4% |
| ArcSoft 688088.SS | China | $1.87B | -26% | +10% | 12% | 49.1× | 41.3% | +6.2% |
| Shenzhen Intellifusion Technologies 688343.SS | China | $1.87B | -46% | -4% | -52% | n/a | n/a | n/a |
| SoundHound AI SOUN | United States | $1.85B | -54% | +55% | -96% | n/a | n/a | n/a |
| C3.ai AI | United States | $1.84B | +18% | -38% | -198% | n/a | n/a | n/a |
| Certara CERT | United States | $1.84B | +91% | +1% | 5% | 31.4× | 40.7% | +11.5% |
| Business-Intelligence of Oriental Nations 300166.SZ | China | $1.88B | -27% | +7% | -5% | 94.1× | n/a | n/a |
| iFAST AIY.SI | Singapore | $1.89B | -10% | +35% | 24% | 18.6× | -11.6% | +24.8% |
| China TransInfo Technology 002373.SZ | China | $1.89B | -11% | +16% | 1% | 39.7× | 22.0% | -2.7% |
| Pony AI 2026.HK | Hong Kong | $1.93B | -56% | +67% | -214% | n/a | n/a | n/a |
| Shadowfax Technologies SHADOWFAX.NS | India | $1.79B | +70% | +69% | 10% | 60.0× | 47.0% | +43.7% |
| Nayax NYAX | United States | $1.78B | -34% | +28% | 5% | 59.1× | 26.9% | +38.7% |
| Planisware Societe anonyme PLNW.PA | France | $1.94B | +46% | +8% | 31% | 28.2× | 12.3% | +16.8% |
| Progress Software PRGS | United States | $1.78B | +46% | +6% | 19% | 6.7× | 1.8% | +17.2% |
| Karooooo KARO | United States | $1.95B | +25% | +32% | 25% | 24.1× | 10.4% | +17.7% |
| Sinosoft 603927.SS | China | $1.77B | -14% | -24% | 2% | 44.3× | 23.0% | +0.9% |
| Ourpalm 300315.SZ | China | $1.96B | -3% | -5% | -65% | 125.6× | 55.8% | -17.0% |
| Aisino 600271.SS | China | $1.96B | -16% | -12% | -24% | 26.2× | n/a | n/a |
| Beijing Haizhi Technology 2706.HK | Hong Kong | $1.75B | -31% | +23% | -9% | 208.5× | n/a | n/a |
| Wuhan Dameng Database 688692.SS | China | $1.75B | -28% | +28% | 28% | 33.4× | 12.7% | +23.2% |