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Hwatsing Technology Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hwatsing Technology and similar public comparables like Kokusai Electric, Sanan Optoelectronics, Compeq Manufaturing, eMemory Technology and more.
Hwatsing Technology Overview
About Hwatsing Technology
Hwatsing Technology Co Ltd is engaged in research and development, production, sales, and technical services of semiconductor special equipment.
Founded
2013
HQ
Employees
1.9K
Website
Sectors
Financials (LTM)
EV
$9B
Hwatsing Technology Financials
Hwatsing Technology reported last 12-month revenue of $723M and EBITDA of $230M.
In the same LTM period, Hwatsing Technology generated $319M in gross profit, $230M in EBITDA, and $190M in net income.
Revenue (LTM)
Hwatsing Technology P&L
In the most recent fiscal year, Hwatsing Technology reported revenue of $499M and EBITDA of $179M.
Hwatsing Technology expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $723M | XXX | $499M | XXX | XXX | XXX |
| Gross Profit | $319M | XXX | $216M | XXX | XXX | XXX |
| Gross Margin | 44% | XXX | 43% | XXX | XXX | XXX |
| EBITDA | $230M | XXX | $179M | XXX | XXX | XXX |
| EBITDA Margin | 32% | XXX | 36% | XXX | XXX | XXX |
| EBIT Margin | 28% | XXX | 32% | XXX | XXX | XXX |
| Net Profit | $190M | XXX | $150M | XXX | XXX | XXX |
| Net Margin | 26% | XXX | 30% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hwatsing Technology Stock Performance
Hwatsing Technology has current market cap of $10B, and enterprise value of $9B.
Market Cap Evolution
Hwatsing Technology's stock price is $27.73.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $10B | -0.2% | XXX | XXX | XXX | $0.42 |
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Start Free TrialHwatsing Technology Valuation Multiples
Hwatsing Technology trades at 12.8x EV/Revenue multiple, and 40.3x EV/EBITDA.
EV / Revenue (LTM)
Hwatsing Technology Financial Valuation Multiples
As of April 19, 2026, Hwatsing Technology has market cap of $10B and EV of $9B.
Equity research analysts estimate Hwatsing Technology's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hwatsing Technology has a P/E ratio of 51.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 12.8x | XXX | 18.5x | XXX | XXX | XXX |
| EV/EBITDA | 40.3x | XXX | 51.8x | XXX | XXX | XXX |
| EV/EBIT | 45.2x | XXX | 58.3x | XXX | XXX | XXX |
| EV/Gross Profit | 29.0x | XXX | 42.9x | XXX | XXX | XXX |
| P/E | 51.7x | XXX | 65.4x | XXX | XXX | XXX |
| EV/FCF | 51.3x | XXX | 75.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hwatsing Technology Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Hwatsing Technology Margins & Growth Rates
Hwatsing Technology's revenue in the last 12 month grew by 29%.
Hwatsing Technology's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.
Hwatsing Technology's rule of 40 is 63% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Hwatsing Technology's rule of X is 110% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Hwatsing Technology Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 29% | XXX | 32% | XXX | XXX | XXX |
| EBITDA Margin | 32% | XXX | 36% | XXX | XXX | XXX |
| EBITDA Growth | 29% | XXX | 17% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 63% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 110% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 4% | XXX | 3% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | 5% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 11% | XXX | 11% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hwatsing Technology Public Comps
See public comps and valuation multiples for other Semiconductors comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hwatsing Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Kokusai Electric | XXX | XXX | XXX | XXX | XXX | XXX |
| Sanan Optoelectronics | XXX | XXX | XXX | XXX | XXX | XXX |
| Compeq Manufaturing | XXX | XXX | XXX | XXX | XXX | XXX |
| eMemory Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Semtech | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Hwatsing Technology M&A Activity
Hwatsing Technology acquired XXX companies to date.
Last acquisition by Hwatsing Technology was on XXXXXXXX, XXXXX. Hwatsing Technology acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hwatsing Technology
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialHwatsing Technology Investment Activity
Hwatsing Technology invested in XXX companies to date.
Hwatsing Technology made its latest investment on XXXXXXXX, XXXXX. Hwatsing Technology invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hwatsing Technology
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Hwatsing Technology
| When was Hwatsing Technology founded? | Hwatsing Technology was founded in 2013. |
| Where is Hwatsing Technology headquartered? | Hwatsing Technology is headquartered in China. |
| How many employees does Hwatsing Technology have? | As of today, Hwatsing Technology has over 1K employees. |
| Is Hwatsing Technology publicly listed? | Yes, Hwatsing Technology is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of Hwatsing Technology? | Hwatsing Technology trades under 688120 ticker. |
| When did Hwatsing Technology go public? | Hwatsing Technology went public in 2022. |
| Who are competitors of Hwatsing Technology? | Hwatsing Technology main competitors are Kokusai Electric, Sanan Optoelectronics, Compeq Manufaturing, eMemory Technology. |
| What is the current market cap of Hwatsing Technology? | Hwatsing Technology's current market cap is $10B. |
| What is the current revenue of Hwatsing Technology? | Hwatsing Technology's last 12 months revenue is $723M. |
| What is the current revenue growth of Hwatsing Technology? | Hwatsing Technology revenue growth (NTM/LTM) is 29%. |
| What is the current EV/Revenue multiple of Hwatsing Technology? | Current revenue multiple of Hwatsing Technology is 12.8x. |
| Is Hwatsing Technology profitable? | Yes, Hwatsing Technology is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Hwatsing Technology? | Hwatsing Technology's last 12 months EBITDA is $230M. |
| What is Hwatsing Technology's EBITDA margin? | Hwatsing Technology's last 12 months EBITDA margin is 32%. |
| What is the current EV/EBITDA multiple of Hwatsing Technology? | Current EBITDA multiple of Hwatsing Technology is 40.3x. |
| What is the current FCF of Hwatsing Technology? | Hwatsing Technology's last 12 months FCF is $180M. |
| What is Hwatsing Technology's FCF margin? | Hwatsing Technology's last 12 months FCF margin is 25%. |
| What is the current EV/FCF multiple of Hwatsing Technology? | Current FCF multiple of Hwatsing Technology is 51.3x. |
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