HYWIN HOLDINGS Reports 4Q FY2023 Earnings With Total Revenue of CNY 1055.8 Million, Down 0.5% Y-o-Y
September 17, 2023
🌧️Earnings Overview
On September 15 2023, HYWIN HOLDINGS ($NASDAQ:HYW) announced its earnings results for the fourth quarter of FY2023, which ended on June 30 2023. Total revenue totaled CNY 1055.8 million, representing a slight decrease of 0.5% compared to the same quarter in the previous year. Net income saw a much more significant plunge of 70.0% from the same period last year, amounting to CNY 49.7 million.
Analysis
GoodWhale conducted an analysis of HYWIN HOLDINGS‘s financials and the results were impressive. Based on their Star Chart, HYWIN HOLDINGS has a high health score of 10/10 with regard to its cashflows and debt, indicating that the company is capable of paying off its debt and funding future operations. Additionally, HYWIN HOLDINGS is strong in terms of growth, medium in asset, profitability and weak in dividend. This leads us to classify HYWIN HOLDINGS as a ‘gorilla’, a type of company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. Given these strong financials, HYWIN HOLDINGS could be of interest to value investors looking for stable returns as well as growth investors who seek capital appreciation. HYWIN HOLDINGS also has potential for the more risk-averse investor, providing higher returns than fixed income investments yet with lower volatility. In summary, investors of all types can benefit from investing in HYWIN HOLDINGS. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hywin Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 2.09k | 120.27 | 6.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hywin Holdings. More…
| Operations | Investing | Financing |
| 238.75 | -286.5 | -1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hywin Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.37k | 1.13k | 39.7 |
Key Ratios Snapshot
Some of the financial key ratios for Hywin Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.6% | 13.9% | 11.2% |
| FCF Margin | ROE | ROA |
| -0.3% | 13.6% | 6.2% |
Peers
The competition between Hywin Holdings Ltd and its competitors, Noah Holdings Private Wealth & Asset Management Ltd, Noah Holdings Ltd, and Jupai Holdings Ltd, is fierce and shows no signs of waning. All four companies strive to outperform one another in order to capture the attention of potential customers and investors. With their deep knowledge base and strong financial resources, the competition between these four companies is a testament to the strength of the Chinese financial sector.
– Noah Holdings Private Wealth & Asset Management Ltd ($SEHK:06686)
Noah Holdings Private Wealth & Asset Management Ltd is a leading wealth and asset management firm based in China. The company provides financial services and solutions to individual and institutional clients. As of 2023, Noah Holdings Private Wealth & Asset Management Ltd has a market cap of 8.42 billion US dollars and a impressive Return on Equity (ROE) of 8.22%. The company’s market cap reflects its strong financial performance and ability to deliver consistent returns to shareholders. The ROE is evidence of the firm’s effective management of assets and its ability to create value for its shareholders.
– Noah Holdings Ltd ($NYSE:NOAH)
Noah Holdings Ltd is a leading wealth management service provider in China. Founded in 2005, the company has grown to become one of the largest independent wealth management institutions in the country. Its market capitalization stands at 1.37 billion US dollars as of 2023, reflecting its impressive growth over the years. Its return on equity (ROE) is currently 8.22%, which is indicative of the company’s strong financial performance. Noah’s services include asset management, wealth management, financial advisory, and many more. It caters to high-net-worth individuals, corporate clients, and other institutional investors from all over China.
– Jupai Holdings Ltd ($OTCPK:JPPYY)
Jupai Holdings Ltd is a leading asset management services provider in China. The company provides asset management services such as wealth management, product distribution and corporate financial consulting services. As of 2023, Jupai Holdings Ltd has a market capitalization of 741.92k, which is indicative of the company’s size and scope in the asset management industry. The company’s Return on Equity of -3.46%, however, suggests that the company’s profitability has been below average.
Summary
HYWIN HOLDINGS recently released their fourth quarter earnings of FY2023, revealing a total revenue of CNY 1055.8 million and a net income of CNY 49.7 million. This marks a decrease of 0.5% and 70.0% respectively from the same period last year, suggesting a possible downward trend for the company. Investors should further evaluate HYWIN HOLDINGS’ financials to determine if any additional risks pose a threat to their investment. A thorough analysis of the company’s outlook, profitability, liquidity, debt levels, and management should be taken into consideration to assess the company’s potential return on investment.
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