Unisplendour Corp Ltd

Unisplendour Corp Ltd has a liquidity risk profile that is currently rated as medium, with a debt-to-equity ratio of 0.47 and a current ratio of 1.59. The company's liquidity position is further complicated by a negative operating cash flow of -3.22 billion CNY and a negligible cash and equivalents balance of 9.05 million CNY. Despite these liquidity challenges, the company maintains a relatively low dilution risk, with no significant dilution potential identified in the basic shares outstanding.

In terms of profitability, Unisplendour's return on equity (ROE) is 1.7%, and its return on assets (ROA) is 0.66%, both of which are below the typical thresholds for strong performance in the integrated hardware and software industry. The company's gross profit margin is 18.0%, and its operating margin is 5.3%, indicating that while it is generating profits, there is room for improvement in cost management and operational efficiency.

Geographically and segment-wise, Unisplendour's revenue is concentrated in a single disclosed segment, with no further breakdown provided in the available data. This lack of diversification could pose a risk if the company's primary market experiences a downturn. The company's revenue concentration is high, as it is not segmented into multiple geographic or product lines.

Looking at the growth trajectory, Unisplendour's revenue for the latest period is 20.94 billion CNY, and while there are no specific growth projections provided, the company's capital expenditure of -155.39 million CNY suggests a cautious approach to expansion. The company's high price-to-earnings ratio of 140.94 and price-to-book ratio of 2.39 indicate that the market is valuing the company at a premium, which may reflect expectations of future growth or a high-risk profile.

The risk assessment for Unisplendour highlights a key flag: the company's net cash position is negative after accounting for total debt, which could impact its ability to meet short-term obligations. Analysts have provided a mean price target of 32.92 CNY, with a median of 32.00 CNY, suggesting a generally positive outlook despite the company's current financial challenges.

Recent events and filings have not been detailed in the provided data, so it is unclear if there have been any significant developments that could impact the company's financial position or strategic direction.

Unisplendour Corp Ltd (000938.SZ) has been formally classified within the Technology sector, specifically under the Technology Equipment activity. This new taxonomy designation provides a clearer structural definition of the company’s operational focus, aligning its profile with the broader technology industry landscape. The risk assessment for the company now indicates a low dilution risk, suggesting that the potential for shareholder equity to be eroded through new share issuance is currently minimal. This stability in capital structure is a positive indicator for existing investors concerned about ownership concentration. Conversely, the liquidity risk has been assessed as medium. This classification highlights that while the company is not facing immediate distress, there are moderate concerns regarding the ease of trading its shares or accessing liquid capital, which investors should monitor closely. Currently, Unisplendour Corp Ltd operates with a single officer and has no analyst coverage, index memberships, or identified top holders. This lack of external financial scrutiny and institutional presence underscores the importance of the newly established risk and sector classifications for understanding the company's current standing.

Revenue surged 22.4% year-over-year to CNY 96.7 billion in FY2026, demonstrating strong top-line growth momentum.

Analysts project 29.8% upside to a mean price target of CNY 32.92, reflecting positive market sentiment.

Net income declined 5.9% annually over four years, signaling deteriorating profitability despite revenue growth.

Long-term debt more than tripled to CNY 22.0 billion by FY2026, raising significant leverage concerns.

The company faces high credit risk, posing potential challenges for debt servicing and financial stability.

Debt-to-equity ratio of 0.47 is well above the cohort median of 0.18, indicating higher financial leverage.

Cash conversion is in the bottom quartile of the cohort, suggesting poor efficiency in generating cash from operations.

Revenue ¥27.98B, +34,6% YoY; Operating income +152,1% YoY.

• ▍Revenue ¥27.98B, +34,6% YoY
• ▍Operating income +152,1% YoY
• ▍Net income +126,1% YoY
• ▍Net margin 2.8%

Revenue ¥19.43B, −3,8% YoY; Operating income +2 911,7% YoY.

• ▍Revenue ¥19.43B, −3,8% YoY
• ▍Operating income +2 911,7% YoY
• ▍Net income +3 166,3% YoY
• ▍Net margin 1.4%

Revenue ¥29.90B, +43,1% YoY; Operating income +88,4% YoY.

• ▍Revenue ¥29.90B, +43,1% YoY
• ▍Operating income +88,4% YoY
• ▍Net income −37,6% YoY
• ▍Net margin 1.2%

Revenue ¥26.64B, +27,2% YoY; Operating income −13,2% YoY.

• ▍Revenue ¥26.64B, +27,2% YoY
• ▍Operating income −13,2% YoY
• ▍Net income +18,0% YoY
• ▍Net margin 2.6%

Revenue ¥20.79B; Operating income ¥418.3M.

• ▍Revenue ¥20.79B
• ▍Operating income ¥418.3M
• ▍Net margin 1.7%

Revenue ¥96.75B, +22,4% YoY; Operating income +6,0% YoY.

• ▍Revenue ¥96.75B, +22,4% YoY
• ▍Operating income +6,0% YoY
• ▍Net income +7,2% YoY
• ▍Free cash flow +4,0% YoY
• ▍Net margin 1.7%

Revenue ¥79.02B, +2,2% YoY; Operating income −41,0% YoY.

• ▍Revenue ¥79.02B, +2,2% YoY
• ▍Operating income −41,0% YoY
• ▍Net income −25,2% YoY
• ▍Free cash flow −59,5% YoY
• ▍Net margin 2.0%

Revenue ¥77.31B, +4,4% YoY; Operating income −11,6% YoY.

• ▍Revenue ¥77.31B, +4,4% YoY
• ▍Operating income −11,6% YoY
• ▍Net income −2,5% YoY
• ▍Free cash flow −6,2% YoY
• ▍Net margin 2.7%

Revenue ¥74.06B, +9,5% YoY; Operating income +1,8% YoY.

• ▍Revenue ¥74.06B, +9,5% YoY
• ▍Operating income +1,8% YoY
• ▍Net income +0,5% YoY
• ▍Free cash flow +1,4% YoY
• ▍Net margin 2.9%

Revenue ¥67.64B; Operating income ¥4.09B.

• ▍Revenue ¥67.64B
• ▍Operating income ¥4.09B
• ▍Net margin 3.2%