360 Ludashi Holdings Limited (3601) AI Stock Analysis

• Market Cap: HK$290.52M
• Dividend Yield: 8.93%
• Average Volume (3M): 358.37K
• Price to Earnings (P/E): 8.0
• Beta (1Y): 0.83
• Revenue Growth: 64.11%
• EPS Growth: -20.33%
• Country: HK
• Employees: 181
• Sector: Communication Services
• Sector Strength: 90
• Industry: Internet Content & Information
• EPS (TTM): N/A
• Shares Outstanding: 269,000,000
• 10 Day Avg. Volume: 269,600
• 30 Day Avg. Volume: 358,366
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$1.00
• Price Target Upside: -8.26% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: HK$1.00 ▼(-8.26% Downside)

360 Ludashi Holdings Limited scores well due to its attractive valuation, with a low P/E ratio and high dividend yield, suggesting potential undervaluation. The technical analysis supports a positive outlook with bullish momentum. However, financial performance is moderated by challenges in revenue growth and cash flow management, which slightly dampen the overall score.

360 Ludashi Holdings Limited Business Overview & Revenue Model

Company Description

360 Ludashi Holdings Limited, an investment holding company, develops a series of personal computer (PC) and mobile devices utility software in the People's Republic of China and internationally. The company offers Ludashi Software, a specialty in PC/smartphone hardware and system benchmarking and monitoring service. It also provides online game platforms, online advertising, and smartphone and computer maintenance services; and sells certified pre-owned and factory smartphones, smart accessories, and other electronic devices through online and offline channels. The company was founded in 2014 and is headquartered in Chengdu, the People's Republic of China.

How the Company Makes Money

360 Ludashi Holdings Limited generates revenue through the sale of its software products and services. The company's primary revenue streams include subscription fees for its system optimization and security software, which are offered on both a subscription and one-time purchase basis. Additionally, 360 Ludashi earns income through advertising displayed within its free software versions, partnerships with hardware manufacturers, and offering customized solutions for enterprise clients. These diverse revenue streams are complemented by strategic partnerships with technology firms, which help expand their market reach and enhance product offerings.

360 Ludashi Holdings Limited Financial Statement Overview

Summary

The company has a strong balance sheet with low leverage and a healthy equity ratio. However, it faces challenges with declining net profit, revenue growth, and cash flow management.

Income Statement

360 Ludashi Holdings Limited shows a mixed performance with a strong gross profit margin, but declining net profit and revenue growth rates. The company has maintained decent EBIT and EBITDA margins over the years, though there is room for improvement.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio, indicating low leverage. The return on equity is moderate, reflecting decent profitability. The equity ratio is healthy, showcasing strong financial stability.

Cash Flow

Cash flow analysis indicates some challenges with a negative growth in free cash flow. The operating cash flow to net income ratio is unavailable for the latest period, highlighting potential cash flow management issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.32B	790.51M	359.10M	337.93M	347.90M
Gross Profit	158.07M	164.96M	178.14M	166.67M	187.15M
EBITDA	39.05M	44.19M	94.33M	80.23M	102.75M
Net Income	34.90M	42.64M	60.49M	55.04M	72.67M
Balance Sheet
Total Assets	784.50M	763.49M	661.21M	592.69M	528.56M
Cash, Cash Equivalents and Short-Term Investments	485.34M	583.85M	552.90M	465.33M	369.23M
Total Debt	4.92M	4.58M	3.02M	3.18M	6.40M
Total Liabilities	107.74M	120.00M	60.07M	47.73M	36.41M
Stockholders Equity	676.11M	641.21M	598.57M	539.95M	484.91M
Cash Flow
Free Cash Flow	-83.01M	55.26M	91.16M	78.42M	110.44M
Operating Cash Flow	-82.48M	55.96M	94.15M	84.66M	138.92M
Investing Cash Flow	24.24M	-72.47M	50.47M	-59.68M	-36.81M
Financing Cash Flow	-3.35M	-12.81M	-7.26M	-7.41M	-41.58M

360 Ludashi Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3601, the sentiment is Positive. The current price of 1.09 is above the 20-day moving average (MA) of 1.08, above the 50-day MA of 1.03, and above the 200-day MA of 0.87, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 53.66 is Neutral, neither overbought nor oversold. The STOCH value of 65.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3601.

360 Ludashi Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3601	72 Outperform	HK$290.52M	7.96	5.31%	8.93%	64.11%	-20.33%
Sector *	60 Neutral	$43.56B	4.52	-12.81%	4.07%	1.87%	-43.08%
PCOLF	―	$52.99M	7.22	6.28%	―	―	―
TGRVF	―	$94.68M	26.24	0.88%	3.49%	―	―
5IK	―	€330.23M	13.55	4.11%	―	―	―
2390	57 Neutral	HK$3.48B	―	3.26%	―	-22.45%	―
1739	54 Neutral	HK$213.42M	―	-13.24%	12.75%	-12.47%	-30.56%

360 Ludashi Holdings Limited Corporate Events

360 Ludashi Holdings Issues Profit Warning Amid Declining Gaming Revenue

360 Ludashi Holdings Limited has issued a profit warning, expecting a 40% to 50% decrease in net profit for the first half of 2025 compared to the same period in 2024. This decline is attributed to reduced revenue from its mature online gaming products and ongoing efforts to find new games to fill the revenue gap, impacting the company’s financial performance and market positioning.

360 Ludashi Holdings Enhances Investment with Structured Deposit

360 Ludashi Holdings Limited, incorporated in the Cayman Islands, has announced a supplemental disclosure regarding its subscription of a Structured Deposit Product from China Merchants Bank. The product offers a maturity interest rate of either 1.00% or 2.01%, contingent on the linked gold price level. This rate is significantly higher than the current deposit interest rates offered by commercial banks in the PRC, making it an attractive investment for the company. The directors of 360 Ludashi Holdings Limited believe the terms of the agreement are fair, reasonable, and in the best interest of the company and its shareholders.

360 Ludashi Holdings Utilizes Idle Funds in New Investment

360 Ludashi Holdings Limited, through its subsidiary Chengdu Mijiayou, has subscribed to a structured deposit product worth RMB50 million from China Merchants Bank. This move is part of the company’s strategy to utilize idle funds and generate better returns. The subscription is considered a discloseable transaction under Hong Kong’s Listing Rules due to the aggregated percentage ratios exceeding 5% but remaining below 25%, necessitating notification and announcement requirements.

360 Ludashi Announces Board Changes with New Director Appointment

360 Ludashi Holdings Limited announced a change in its board composition with the resignation of Mr. Zhang Ziyu as an independent non-executive director, effective June 27, 2025, to focus on personal work commitments. The company expressed gratitude for Mr. Zhang’s contributions and appointed Ms. Hu Qin as his successor. Ms. Hu brings 17 years of experience in auditing, investment, and financing, having held significant roles in various companies, including KPMG and Everbright Securities. Her appointment is expected to bring valuable expertise to the board, potentially impacting the company’s strategic direction and governance.

360 Ludashi Holdings Limited Announces Board Composition and Committee Assignments

360 Ludashi Holdings Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The company has also established three board committees: Audit, Remuneration, and Nomination, with specific directors assigned to each committee. This announcement highlights the company’s governance structure, which is crucial for maintaining transparency and accountability in its operations.

360 Ludashi’s AGM Sees Unanimous Approval of Resolutions

360 Ludashi Holdings Limited, a company incorporated in the Cayman Islands, held its Annual General Meeting (AGM) on May 26, 2025, where all proposed resolutions were unanimously approved. The resolutions included the adoption of the company’s financial statements for 2024, the declaration of a final dividend, the re-election of directors, and the re-appointment of the auditor. This unanimous approval reflects strong shareholder support and may positively impact the company’s governance and financial strategies.