Want to see HK:3601 full AI Analyst Report?
360 Ludashi Holdings Limited (3601) AI Stock Analysis
Top Page
360 Ludashi Holdings Limited
(HKEX:3601)
The score is held up primarily by balance sheet strength and financial flexibility, but is weighed down by sharply compressed margins, inconsistent/weak cash conversion, and a clearly bearish technical setup with the stock trading below all major moving averages. A very high dividend yield helps, but the negative P/E reduces valuation clarity.
360 Ludashi Holdings Limited (3601) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 118.36M
- Dividend Yield
- 22.73%
- Average Volume (3M)
- 103.35K
- Price to Earnings (P/E)
- -622.3
- Beta (1Y)
- 0.76
- Revenue Growth
- 29.09%
- EPS Growth
- -102.29%
- Country
- Hong Kong
- Employees
- 202
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Internet Content & Information
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 international m...
360 Ludashi Holdings Limited Financial Statement Overview
Summary
A very strong, low-debt balance sheet (debt-to-equity ~0.3%) provides meaningful financial flexibility, but operating performance has weakened: 2025 revenue declined (~-3%) and profitability compressed sharply (gross margin down to ~11%, EBIT margin ~2.1%). Cash flow is a key risk due to volatility (notable 2024 operating cash outflow) and much lower 2025 free cash flow (~-92% YoY), raising concerns about cash conversion quality.
Income Statement
52NeutralBalance Sheet
88Very PositiveCash Flow
41Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.36B | 1.09B | 1.32B | 790.51M | 359.10M | 337.93M |
| Gross Profit | 103.12M | 124.99M | 158.07M | 164.96M | 178.14M | 166.67M |
| EBITDA | 5.23M | 27.10M | 40.98M | 47.10M | 73.57M | 68.98M |
| Net Income | -140.97K | 26.10M | 34.90M | 42.64M | 60.49M | 55.04M |
Balance Sheet | ||||||
| Total Assets | 728.37M | 755.19M | 784.50M | 763.49M | 661.21M | 592.69M |
| Cash, Cash Equivalents and Short-Term Investments | 372.20M | 479.47M | 485.34M | 583.85M | 552.90M | 465.33M |
| Total Debt | 1.38M | 1.74M | 4.92M | 4.58M | 3.02M | 3.18M |
| Total Liabilities | 67.00M | 79.46M | 107.74M | 120.00M | 60.07M | 47.73M |
| Stockholders Equity | 664.83M | 677.86M | 676.11M | 641.21M | 598.57M | 539.95M |
Cash Flow | ||||||
| Free Cash Flow | -84.08M | 4.86M | -83.01M | 55.26M | 91.16M | 78.42M |
| Operating Cash Flow | -83.10M | 5.16M | -82.48M | 55.96M | 94.15M | 84.66M |
| Investing Cash Flow | -48.23M | -11.98M | 24.24M | -72.47M | 50.47M | -59.68M |
| Financing Cash Flow | -2.69M | -26.65M | -3.35M | -12.81M | -7.26M | -7.41M |
360 Ludashi Holdings Limited Technical Analysis
Price Trends
Market Momentum
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 0.44 is below the 20-day moving average (MA) of 0.49, below the 50-day MA of 0.55, and below the 200-day MA of 0.76, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 28.22 is Positive, neither overbought nor oversold. The STOCH value of 20.37 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
Overall Rating
HK:102472Outperform
HK:989864Neutral
HK:135762Neutral
HK:239057Neutral- HK:360154Neutral
HK:370053Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1024 | 72Outperform | HKD 115.21B | 6.20 | 19.76% | 4.34% | 11.31% | 0.14% |
| HK:9898 | 64Neutral | HKD 11.87B | 4.59 | 8.15% | 9.90% | 1.85% | -14.40% |
| HK:1357 | 62Neutral | HKD 17.29B | 17.76 | 13.92% | 3.10% | 24.38% | -6.27% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| HK:2390 | 57Neutral | HKD 2.06B | -2.29 | -7.89% | ― | -13.13% | -332.06% |
| HK:3601 | 54Neutral | HKD 118.36M | -622.26 | -0.02% | 22.73% | 29.09% | -102.29% |
| HK:3700 | 53Neutral | HKD 1.26B | 6.96 | 2.82% | ― | -23.74% | -54.08% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3601 | 360 Ludashi Holdings Limited | 0.44 | -0.58 | -56.86% | |
| HK:1357 | Meitu | 3.77 | -5.24 | -58.14% | |
| HK:3700 | Inke Ltd. | 0.57 | -0.52 | -47.25% | |
| HK:9898 | Weibo Corp Class A | 48.30 | -31.44 | -39.43% | |
| HK:1024 | Kuaishou Technology Class B | 26.52 | -45.69 | -63.27% | |
| HK:2390 | Zhihu, Inc. Class A | 8.23 | -2.74 | -24.93% |
360 Ludashi Holdings Limited Corporate Events
360 Ludashi swings to interim loss despite 52% revenue surge
360 Ludashi Holdings Limited reported a sharp increase in revenue to RMB793.3 million for the six months ended 30 June 2026, up 51.8% year-on-year from RMB522.6 million. However, the surge in costs of sales and services compressed gross profit to RMB...
360 Ludashi Announces Change of Company Secretary and Authorized Representative
360 Ludashi Holdings Limited announced a change in key governance roles, with company secretary and authorised representative Cheng Ching Kit resigning effective 28 August 2026. The board noted that Cheng has no disagreement with directors and that t...
360 Ludashi Sets Board Meeting to Approve Interim Results and Consider Dividend
360 Ludashi Holdings Limited has scheduled a board meeting for 28 August 2026 to review and approve its interim results for the six months ended 30 June 2026. The board will also consider the potential payment of an interim dividend, a decision that...
360 Ludashi Deploys Idle Cash Into RMB42 Million ICBC Structured Deposit
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, tai...
360 Ludashi Flags Interim Loss on Weak Gaming Performance and FX Hit
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 dow...
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.
Date of analysis: Oct 17, 2026