Hi Sun Technology (China) Limited logo

Hi Sun Technology (China) Limited

0818.HK

HKSEIndustrialsSpecialty Business Services

Latest quote

HK$0.33

−HK$0.015 · -4.35%

Aug 24, 4:08 PM HKT

0818.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hi Sun Technology (China) Ltd. is an investment holding company, which engages in the provision of financial solutions. It operates through the following segments: Payment and Digital Services, Fintech Services, Platform Operation Services, and Financial Solutions. The Payment and Digital Services segment refer to payment processing. The Fintech Services segment includes micro-lending, supply chain financing, factoring, and credit assessment. The Platform Operation Solution is involved in telecommunication and mobile payment platforms. The Financial Solutions segment pertains to information system consultancy. The company was founded on May 31, 2001 is headquartered in Hong Kong.

Industry
Specialty Business Services
Sector
Industrials
Headquarters
HK
CEO
Man Chun Kui
Listed since
Sep 29, 2005
Employees
2,494

Market position

Day range

Current HK$0.33

52-week range

Current HK$0.33

Open
HK$0.345
Previous close
HK$0.345
Volume
51K
0.06× average
Average volume
883.07K
Average daily volume
Market cap
895.15M HKD
Beta
0.22
Market reference 1
50-day average
HK$0.3762
-12.28% below average
200-day average
HK$0.4434
-25.57% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-6.37B HKD
P/E (TTM)
-1.32×
P/B (TTM)
0.13×
P/S (TTM)
0.39×
EV / EBITDA
20.24×
Earnings yield
-16.98%
Free cash flow yield
173.17%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
32.24%
Operating margin
-15.61%
Net margin
-30.04%
Return on equity
-1.64%
Return on assets
-0.84%
Return on invested capital
-3.07%

Financial health

Debt / equity
0.02×
Current ratio
1.69×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends94%55%17%-21%Gross margin, FY2021: 28.02%Gross margin, FY2022: 36.06%Gross margin, FY2023: 34.99%Gross margin, FY2024: 36.84%Gross margin, FY2025: 39.09%Operating margin, FY2021: 14.82%Operating margin, FY2022: 11.01%Operating margin, FY2023: 2.75%Operating margin, FY2024: 0.28%Operating margin, FY2025: -11.78%Net margin, FY2021: 84.19%Net margin, FY2022: 14.86%Net margin, FY2023: 17.11%Net margin, FY2024: 6.74%Net margin, FY2025: -5.74%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.02%. Gross margin FY2022 36.06%. Gross margin FY2023 34.99%. Gross margin FY2024 36.84%. Gross margin FY2025 39.09%. Operating margin FY2021 14.82%. Operating margin FY2022 11.01%. Operating margin FY2023 2.75%. Operating margin FY2024 0.28%. Operating margin FY2025 -11.78%. Net margin FY2021 84.19%. Net margin FY2022 14.86%. Net margin FY2023 17.11%. Net margin FY2024 6.74%. Net margin FY2025 -5.74%.

Income trends

Revenue

2.12B HKD-9.47%

Operating income

−249.6M HKD−256.15M HKD

Net income

−121.55M HKD−279.15M HKD
Income trends across reported periods4.63B HKD2.85B HKD1.08B HKD−692.83M HKDRevenue, FY2021: 4.18B HKDRevenue, FY2022: 3.43B HKDRevenue, FY2023: 2.71B HKDRevenue, FY2024: 2.34B HKDRevenue, FY2025: 2.12B HKDOperating income, FY2021: 619.88M HKDOperating income, FY2022: 378.06M HKDOperating income, FY2023: 74.55M HKDOperating income, FY2024: 6.54M HKDOperating income, FY2025: −249.6M HKDNet income, FY2021: 3.52B HKDNet income, FY2022: 510.08M HKDNet income, FY2023: 463.43M HKDNet income, FY2024: 157.61M HKDNet income, FY2025: −121.55M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.18B HKD. Revenue FY2022 3.43B HKD. Revenue FY2023 2.71B HKD. Revenue FY2024 2.34B HKD. Revenue FY2025 2.12B HKD. Operating income FY2021 619.88M HKD. Operating income FY2022 378.06M HKD. Operating income FY2023 74.55M HKD. Operating income FY2024 6.54M HKD. Operating income FY2025 −249.6M HKD. Net income FY2021 3.52B HKD. Net income FY2022 510.08M HKD. Net income FY2023 463.43M HKD. Net income FY2024 157.61M HKD. Net income FY2025 −121.55M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.12B HKD2.34B HKD2.71B HKD3.43B HKD4.18B HKD
Cost of goods sold1.29B HKD1.48B HKD1.76B HKD2.19B HKD3.01B HKD
Gross profit828.1M HKD862.03M HKD947.89M HKD1.24B HKD1.17B HKD
Research and development332.01M HKD345.68M HKD303.08M HKD251.42M HKD214.5M HKD
Selling, general, and administrative962.9M HKD998.99M HKD955.61M HKD898.54M HKD768.11M HKD
Operating expenses1.08B HKD855.49M HKD862.93M HKD942.65M HKD821.66M HKD
Interest income119.88M HKD141.52M HKD73.76M HKD56.63M HKD57.37M HKD
Interest expense2.9M HKD1.9M HKD3.76M HKD1.48M HKD1.81M HKD
Depreciation and amortization36.82M HKD42.79M HKD128.02M HKD168.98M HKD255.32M HKD
Operating income−249.6M HKD6.54M HKD74.55M HKD378.06M HKD619.88M HKD
Net income−121.55M HKD157.61M HKD463.43M HKD510.08M HKD3.52B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.21

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.160.02-0.11-0.25Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26Q3 '26
Q1 2023, reported Mar 22, 2023: actual -0.072, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 17, 2023: actual 0.12, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 19, 2024: actual 0.054, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 20, 2024: actual 0.001, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 0.056, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual -0.004, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 19, 2026: actual -0.041, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual -0.21, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.76B3.44B2.13B817.45MQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26No estimateQ3 '26No estimate
Q1 2023, reported Mar 22, 2023: actual 1.69B HKD, estimate 4.47B HKD, surprise -62.22%, Miss. Q3 2023, reported Aug 17, 2023: actual 1.31B HKD, estimate 4.47B HKD, surprise -70.71%, Miss. Q1 2024, reported Mar 19, 2024: actual 1.4B HKD, estimate 4.47B HKD, surprise -68.74%, Miss. Q3 2024, reported Aug 20, 2024: actual 1.18B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 20, 2025: actual 1.16B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual 961.71M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 19, 2026: actual 1.16B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual 1.13B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Jun 29, 2006

4:1

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