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Shenzhen Fortune Trend Technology Co (SHSE:688318) Median PS Value : ¥0.00 (As of Nov. 13, 2024)


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What is Shenzhen Fortune Trend Technology Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Shenzhen Fortune Trend Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2.184. Shenzhen Fortune Trend Technology Co's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ¥0.00.

As of today (2024-11-13), Shenzhen Fortune Trend Technology Co's share price is ¥191.82. Shenzhen Fortune Trend Technology Co's Median PS Value is ¥0.00. Therefore, Shenzhen Fortune Trend Technology Co's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Shenzhen Fortune Trend Technology Co's Median PS Value or its related term are showing as below:

SHSE:688318's Price-to-Median-PS-Value is not ranked *
in the Software industry.
Industry Median: 0.99
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Shenzhen Fortune Trend Technology Co Median PS Value Historical Data

The historical data trend for Shenzhen Fortune Trend Technology Co's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shenzhen Fortune Trend Technology Co Median PS Value Chart

Shenzhen Fortune Trend Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
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Shenzhen Fortune Trend Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Shenzhen Fortune Trend Technology Co's Median PS Value

For the Software - Application subindustry, Shenzhen Fortune Trend Technology Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shenzhen Fortune Trend Technology Co's Price-to-Median-PS-Value Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Fortune Trend Technology Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Shenzhen Fortune Trend Technology Co's Price-to-Median-PS-Value falls into.



Shenzhen Fortune Trend Technology Co Median PS Value Calculation

Shenzhen Fortune Trend Technology Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=2.184*0
=0.00

10-Year Median PS Ratio is 0.
Shenzhen Fortune Trend Technology Co's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2.184.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shenzhen Fortune Trend Technology Co  (SHSE:688318) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Shenzhen Fortune Trend Technology Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=191.82/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shenzhen Fortune Trend Technology Co Median PS Value Related Terms

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Shenzhen Fortune Trend Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Kaifeng Road, Meilin Street, Room 808, 8th Floor, Huachao Building, Meilin Community, Guangdong, Futian District, Shenzhen, CHN, 518049
Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.
Executives
Wu Huo Sheng Core technical personnel
Shen Zhi Kun Core technical personnel
Bao Wei Core technical personnel
Sun Kui Core technical personnel
Tian Jin En Directors, senior managers, core technical personnel
Chen Fan Supervisors, core technical personnel
Qin Tao senior management
Huang Shan Directors, senior managers, core technical personnel
Huang Qing Director
Zhang Li Jun Directors, senior managers, core technical personnel

Shenzhen Fortune Trend Technology Co Headlines

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