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360 Ludashi Holdings Limited
(3601)
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Rating:60Neutral
Price Target:
HK$0.73
▼(-3.33% Downside)
Action:Downgraded
Date:08/17/26
The score is driven by strong valuation (low P/E and high dividend yield) and a very strong, low-debt balance sheet. Offsetting this, financial operating quality is mixed due to margin compression and volatile cash conversion, and technical signals remain bearish with the price below major moving averages and negative momentum.
Positive Factors
Very Low Leverage
Minimal debt reduces refinancing and interest-rate risk, preserving financial flexibility through operating cycles. This conservative capital structure can support continued investment or shareholder returns even if revenue and margins remain under pressure.
Negative Factors
Severe Margin Compression
The sustained decline in gross margin signals weaker unit economics or a less favorable revenue mix. With EBIT profitability now thin, even modest additional pricing, cost, or revenue pressure could materially reduce earnings and constrain reinvestment.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Minimal debt reduces refinancing and interest-rate risk, preserving financial flexibility through operating cycles. This conservative capital structure can support continued investment or shareholder returns even if revenue and margins remain under pressure.
Read all positive factors
360 Ludashi Holdings Limited (3601) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$174.85M
Dividend Yield15.38%
Average Volume (3M)66.77K
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue Growth29.09%
EPS Growth-102.29%
CountryHK
Employees202
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)0.10
Shares Outstanding269,000,000
10 Day Avg. Volume60,000
30 Day Avg. Volume66,766
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)0.31
Price to Sales (P/S)0.19
P/FCF Ratio43.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
360 Ludashi Holdings Limited Business Overview & Revenue Model
Company Description
360 Ludashi Holdings Limited operates as an investment holding company, focusing on the development of specialized utility software for personal computers and mobile devices. Its operations span both the People's Republic of China and internationa...
360 Ludashi Holdings Limited Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
88
Very Positive
Cash Flow
41
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.09B | 1.32B | 790.51M | 359.10M | 337.93M |
| Gross Profit | 124.99M | 158.07M | 164.96M | 178.14M | 166.67M |
| EBITDA | 23.83M | 39.05M | 44.19M | 70.87M | 65.39M |
| Net Income | 26.10M | 34.90M | 42.64M | 60.49M | 55.04M |
Balance Sheet | |||||
| Total Assets | 755.19M | 784.50M | 763.49M | 661.21M | 592.69M |
| Cash, Cash Equivalents and Short-Term Investments | 479.47M | 485.34M | 583.85M | 552.90M | 465.33M |
| Total Debt | 1.74M | 4.92M | 4.58M | 3.02M | 3.18M |
| Total Liabilities | 79.46M | 107.74M | 120.00M | 60.07M | 47.73M |
| Stockholders Equity | 677.86M | 676.11M | 641.21M | 598.57M | 539.95M |
Cash Flow | |||||
| Free Cash Flow | 4.86M | -83.01M | 55.26M | 91.16M | 78.42M |
| Operating Cash Flow | 5.16M | -82.48M | 55.96M | 94.15M | 84.66M |
| Investing Cash Flow | -11.98M | 24.24M | -72.47M | 50.47M | -59.68M |
| Financing Cash Flow | -26.65M | -3.35M | -12.81M | -7.26M | -7.41M |
360 Ludashi Holdings Limited Technical Analysis
Negative
0.75
Price Trends
0.72
Negative
0.78
Negative
0.83
Negative
Market Momentum
-0.03
Negative
43.34
Neutral
55.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3601, the sentiment is Negative. The current price of 0.75 is above the 20-day moving average (MA) of 0.66, above the 50-day MA of 0.72, and below the 200-day MA of 0.83, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 43.34 is Neutral, neither overbought nor oversold. The STOCH value of 55.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3601.
360 Ludashi Holdings Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$22.70B | 23.53 | 13.77% | 2.42% | 24.38% | -6.27% | |
66 Neutral | HK$146.98B | 7.94 | 19.76% | 3.38% | 11.31% | 0.14% | |
64 Neutral | HK$13.12B | 5.08 | 8.15% | 9.11% | 1.85% | -14.40% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | HK$174.85M | -927.59 | -0.02% | 15.38% | 29.09% | -102.29% | |
55 Neutral | HK$1.83B | 10.14 | 2.82% | 5.15% | -23.74% | -54.08% | |
44 Neutral | HK$1.35B | -1.95 | -7.89% | ― | -13.13% | -332.19% |
* Communication Services Sector Average
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360 Ludashi Holdings Limited Corporate Events
360 Ludashi Deploys Idle Cash Into RMB42 Million ICBC Structured Deposit
Aug 7, 2026
360 Ludashi Holdings has directed a subsidiary, Anyixun Technology, to subscribe to an ICBC range accrual structured deposit worth RMB42 million, using funds redeemed from an earlier China Merchants Bank product. The principal-guaranteed deposit, ...
360 Ludashi Flags Interim Loss on Weak Gaming Performance and FX Hit
Aug 7, 2026
360 Ludashi Holdings Limited has warned that it expects to post a loss of approximately RMB13 million to RMB15 million for the six months ended June 30, 2026, reversing a profit of about RMB11.9 million in the same period last year. The projected ...
360 Ludashi Wins Shareholder Approval for 2026-2028 Connected Transaction Agreements
Jun 26, 2026
Independent shareholders of 360 Ludashi Holdings Limited have approved two key connected transaction frameworks, the New 360 Master Purchase Agreement 2026-2028 and the New 360 Master Sales Agreement 2026-2028, along with their respective annual c...
360 Ludashi Wins Strong Shareholder Backing for AGM Resolutions and Capital Mandates
Jun 26, 2026
Shareholders of 360 Ludashi Holdings Limited approved all resolutions at the annual general meeting held on 26 June 2026, including the adoption of the 2025 audited financial statements. The meeting recorded full participation by all directors, ei...
360 Ludashi Calls 2026 EGM to Approve New 360 Master Purchase and Sales Agreements
Jun 3, 2026
360 Ludashi Holdings Limited has called an extraordinary general meeting for 26 June 2026 in Chengdu, to be held immediately after its annual general meeting, for shareholders to vote on new framework agreements with 360 Security Technology Inc. c...
360 Ludashi Sets 2026 AGM to Approve Accounts, Board Changes and Share Issuance Mandate
Jun 3, 2026
360 Ludashi Holdings Limited has called its 2026 annual general meeting for 26 June 2026 in Chengdu, where shareholders will review and adopt the audited consolidated financial statements for the year ended 31 December 2025. The AGM will also cons...
360 Ludashi Moves to Modernise Articles Ahead of Uncertificated Market Shift
Jun 1, 2026
360 Ludashi Holdings Limited plans to overhaul its constitutional documents, proposing amendments to its existing articles of association and the adoption of a third amended and restated memorandum and articles of association. The move is intended...
360 Ludashi Rolls Over RMB47 Million into New Gold-Linked Structured Deposit
May 28, 2026
360 Ludashi Holdings’ subsidiary Chengdu Mijiayou has rolled over funds from a matured structured deposit into a new RMB47 million principal-guaranteed, gold-linked structured deposit with China Merchants Bank. The 61-day product, offering a...
360 Ludashi Delays Circular on New Connected Transaction Agreements
May 21, 2026
360 Ludashi Holdings Limited has announced a delay in sending a shareholder circular related to new master purchase and sales agreements for 2026-2028, which replace existing agreements covering 2025-2027. The circular, which will detail the terms...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.