Hi Sun Technology (China) Limited (0818) AI Stock Analysis

• Market Cap: HK$1.61B
• Dividend Yield: N/A
• Average Volume (3M): 4.59M
• Price to Earnings (P/E): 11.3
• Beta (1Y): 0.81
• Revenue Growth: -17.23%
• EPS Growth: -6.20%
• Country: HK
• Employees: 2,411
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): >-0.01
• Shares Outstanding: 2,776,833,700
• 10 Day Avg. Volume: 9,976,500
• 30 Day Avg. Volume: 4,586,800
• PEG Ratio: -0.11
• Price to Book (P/B): 0.14
• Price to Sales (P/S): 0.41
• P/FCF Ratio: -1.86
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: HK$0.50 ▼(-13.79% Downside)

Hi Sun Technology (China) Limited's stock score is primarily influenced by its mixed financial performance, with strong technical indicators providing a positive outlook. The company's valuation is reasonable, but the lack of a dividend yield and negative cash flow trends are concerns. The absence of earnings call data and corporate events limits additional insights.

Hi Sun Technology (China) Limited Business Overview & Revenue Model

Company Description

Hi Sun Technology (China) Limited, an investment holding company, provides payment processing, platform operation, and financial solutions in the People's Republic of China. The company operates through Payment Processing Solutions; Fintech Solutions and Services; Platform Operation Solutions; and Financial Solutions segments. The Payment Processing Solutions segment offers payment processing services; and merchants recruiting and related products and solutions. The Fintech Solutions and Services segment provides micro lending, supply chain financing, factoring and credit assessment services, and related products and solutions. The Platform Operation Solutions segment offers telecommunication and mobile payment platform operation, and operation value-added services. The Financial Solutions segment provides information system consultancy, integration, and operation services; and sells information technology products to financial institutions and banks. It also manufactures and sells electronic power meters. Hi Sun Technology (China) Limited was incorporated in 2001 and is based in Wan Chai, Hong Kong.

How the Company Makes Money

The company generates revenue through its various business segments. The Payment Processing Solutions segment is a significant contributor, offering services such as clearing and settlement, point-of-sale system services, and merchant acquiring services. The Financial Solutions segment provides IT solutions to financial institutions, including banks, providing them with software and systems to enhance their operations. The Electronic Power Meters and Solutions segment earns income through the sale and distribution of electronic power meters and related technology. Additionally, Hi Sun Technology (China) Limited collaborates with numerous partners to expand its service offerings and market reach, which further drives its revenue.

Hi Sun Technology (China) Limited Financial Statement Overview

Summary

Hi Sun Technology's financial performance is mixed, with declining revenue and profitability challenges. Despite a strong balance sheet with low debt levels, negative cash flow trends raise concerns about liquidity.

Income Statement

The income statement shows a decline in revenue over the past few years, dropping from HKD 5.58 billion in 2019 to HKD 2.34 billion in 2024. Gross profit margin has also decreased, indicating potential challenges in maintaining cost efficiency. The net income has shown significant fluctuations, with a peak in 2021 due to an exceptional net income of HKD 3.52 billion. Overall, the income statement reflects declining revenue and profitability challenges.

Balance Sheet

The balance sheet is relatively strong with a high equity ratio and low debt levels. The debt-to-equity ratio remains low, indicating low leverage with total debt at HKD 118 million against equity of HKD 7.13 billion in 2024. However, there has been a decline in total assets over the years, which could pose risks if not addressed. Overall, the company maintains a robust equity position and low leverage.

Cash Flow

Cash flow analysis reveals challenges in cash generation, with negative operating and free cash flow in 2024. This contrasts with previous years where operating cash flow was positive, such as HKD 1.21 billion in 2023. The free cash flow has also turned negative, reflecting issues in cash efficiency and potential liquidity constraints. The cash flow position presents a concerning trend that needs attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.12B	2.34B	2.71B	3.43B	4.18B	3.84B
Gross Profit	819.48M	862.03M	947.89M	1.24B	1.17B	954.89M
EBITDA	-213.06M	-83.38M	610.77M	490.18M	3.66B	832.10M
Net Income	142.79M	157.60M	463.43M	510.08M	3.52B	656.68M
Balance Sheet
Total Assets	13.81B	11.86B	13.03B	11.46B	10.82B	9.72B
Cash, Cash Equivalents and Short-Term Investments	4.17B	3.45B	7.25B	4.60B	4.03B	4.63B
Total Debt	416.24M	118.00M	86.17M	350.63M	34.02M	53.48M
Total Liabilities	5.90B	4.14B	5.25B	3.90B	3.33B	3.35B
Stockholders Equity	7.32B	7.13B	7.19B	6.62B	6.42B	5.54B
Cash Flow
Free Cash Flow	-527.04M	-517.60M	1.17B	545.39M	-738.57M	-15.15M
Operating Cash Flow	-527.08M	-482.84M	1.21B	609.01M	-569.10M	219.23M
Investing Cash Flow	84.28M	73.38M	-38.57M	118.34M	131.60M	-277.70M
Financing Cash Flow	309.01M	314.00K	-1.16B	233.54M	100.36M	50.28M

Hi Sun Technology (China) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0818, the sentiment is Positive. The current price of 0.58 is above the 20-day moving average (MA) of 0.57, above the 50-day MA of 0.54, and above the 200-day MA of 0.43, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 53.23 is Neutral, neither overbought nor oversold. The STOCH value of 32.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0818.

Hi Sun Technology (China) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8062	―	HK$144.00M	25.64	4.10%	6.67%	-26.14%	-82.03%
0818	―	HK$1.61B	11.28	1.98%	―	-17.23%	-6.20%
3315	―	€765.75M	16.30	2.23%	5.67%	-16.76%	-50.21%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
2598	―	HK$8.83B	4.64	94.40%	―	―	―
9923	―	HK$4.26B	38.17	3.35%	―	-9.32%	477.27%
8613	―	HK$131.08M	-3.78	-380.55%	―	13.08%	8.63%

Hi Sun Technology (China) Limited Corporate Events

Hi Sun Technology Appoints Xu Sitao as Independent Director

Hi Sun Technology (China) Limited has announced the appointment of Mr. Xu Sitao as an independent non-executive director, effective from October 3, 2025. Mr. Xu brings extensive experience in economics and finance, having held senior roles at Deloitte China and the Economist Group. His appointment helps the company comply with Hong Kong Stock Exchange listing rules, ensuring a balanced and independent board structure.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

Hi Sun Technology Issues RMB217 Million Asset-Backed Securities

Hi Sun Technology (China) Limited announced the issuance of asset-backed securities (ABS) under the Suixin Cloud Chain-Xingyao No.2 Credit Supply Chain Financial Asset-backed Special Scheme, with a total issue size of RMB217,000,000. The ABS are divided into priority and subordinated tranches, with the priority tranche being traded on the Shanghai Stock Exchange. The proceeds from this issuance will be used as general working capital for the company’s fintech services, aimed at improving its financing structure and promoting operational activities. The company asserts that the issuance will not adversely impact its financial standing or shareholder interests.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

Hi Sun Technology Announces Board Composition and Committee Roles

Hi Sun Technology (China) Limited has announced the composition of its board of directors and the roles within its four board committees. This announcement highlights the company’s commitment to strong corporate governance and strategic oversight, which may enhance its operational efficiency and stakeholder confidence.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

Hi Sun Technology Faces Board Compliance Challenge Following Director Resignation

Hi Sun Technology (China) Limited, a company incorporated in Bermuda, has announced the resignation of Mr. Li Heguo as an independent non-executive director and a member of its audit and nomination committees, effective September 11, 2025. This resignation leaves the company non-compliant with certain Hong Kong Stock Exchange listing rules regarding the composition of its board and committees. The company is actively seeking a replacement to fill the vacancy and aims to comply with the listing requirements within three months.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

Hi Sun Technology Enhances Governance with New Nomination Committee

Hi Sun Technology (China) Limited has established a Nomination Committee to enhance its corporate governance practices. The committee is responsible for reviewing the board’s structure and composition, identifying qualified board members, assessing the independence of directors, and making recommendations on appointments and succession planning. This initiative aims to ensure compliance with the Listing Rules and support the company’s strategic goals.

The most recent analyst rating on (HK:0818) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Hi Sun Technology (China) Limited stock, see the HK:0818 Stock Forecast page.

Hi Sun Technology Reports Decline in 1H2025 Financial Performance

Hi Sun Technology (China) Limited reported a significant decline in its financial performance for the first half of 2025, with revenue dropping by 18% and gross profit decreasing by 20% compared to the same period in 2024. The company experienced an operating loss and a substantial decrease in adjusted net profit, highlighting challenges in maintaining profitability. Despite these setbacks, the company saw a slight increase in total equity and net current assets, indicating some resilience in its financial position.

Hi Sun Technology Schedules Board Meeting to Review Interim Results

Hi Sun Technology (China) Limited has announced that its board of directors will meet on 18 August 2025 to review and approve the unaudited consolidated interim results for the first half of 2025. The meeting will also consider the declaration of an interim dividend and address any other business matters, which could impact the company’s financial performance and shareholder returns.