Gosuncn Technology Group Co., Ltd. (300098.SZ) Bundle
As investors weigh opportunity against risk in Gosuncn Technology Group Co., Ltd. (300098.SZ), the numbers demand attention: the company posted a striking quarterly rebound with revenue of 421.07 million CNY in the quarter ending September 30, 2025 - a 45.35% year-over-year jump that lifts trailing twelve-month revenue to 1.79 billion CNY (+14.72% YoY) after a 2024 slump to 1.42 billion CNY (a 21.24% decline from 2023); yet profitability remains strained with a TTM net loss of 127.25 million CNY and a -12.45% net profit margin, while balance-sheet metrics show conservative leverage (debt-to-equity 0.16) and liquidity (current ratio 1.72, cash & short-term investments 388.84 million CNY), market valuation sits at about 9.64 billion CNY (P/S ~5.33, P/B ~3.35) even as free cash flow is negative at -54.89 million CNY, and analysts forecast aggressive recovery upside - earnings growth of 99.2% p.a. and revenue growth of 15.5% p.a. - making this a nuanced growth-recovery story worth a deeper look.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Revenue Analysis
Gosuncn Technology Group reported a clear turn in revenue momentum in the quarter ending September 30, 2025, with a quarter revenue of 421.07 million CNY, representing a 45.35% year‑over‑year increase. This improvement contributes to a trailing twelve months (TTM) revenue of 1.79 billion CNY, up 14.72% versus the prior year TTM, signaling recovery after the prior-year contraction.- Quarter (Q3 2025): 421.07 million CNY; +45.35% YoY
- TTM revenue: 1.79 billion CNY; +14.72% YoY
- Full-year 2024 revenue: 1.42 billion CNY; -21.24% vs 2023
- 2023 revenue: 1.80 billion CNY
- Revenue per employee: ~858,507 CNY
- Market capitalization: 9.52 billion CNY; Price-to-Sales (P/S): 5.33
| Period | Revenue (CNY) | YoY Change |
|---|---|---|
| Q3 ending Sep 30, 2025 | 421.07 million | +45.35% |
| TTM (to Sep 30, 2025) | 1.79 billion | +14.72% |
| Full-year 2024 | 1.42 billion | -21.24% |
| Full-year 2023 | 1.80 billion | - |
| Revenue per employee | ~858,507 | - |
| Market capitalization | 9.52 billion | P/S = 5.33 |
- Valuation: A P/S of 5.33 implies a premium paid relative to current sales - market expectations of higher future growth or margin expansion.
- Productivity: Revenue per employee of ~858,507 CNY indicates moderate headcount efficiency; changes in this metric over subsequent quarters will indicate operating leverage.
- Momentum: Q3 2025's +45.35% YoY jump materially lifts TTM growth to +14.72%, signaling potential stabilization after 2024's downturn.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Profitability Metrics
Gosuncn Technology Group Co., Ltd. (300098.SZ) shows mixed margin structure with current net losses and retained operational gross margins. The following figures summarize the most relevant profitability metrics (trailing twelve months unless noted):- TTM Net Income: -127.25 million CNY (loss)
- Loss per Share (TTM): -0.07 CNY
- Operating Margin: 2.30%
- Gross Profit Margin: ~33%
- Net Profit Margin: -12.45%
- Return on Equity (ROE): -4.36%
- Return on Assets (ROA): -1.55%
| Metric | Value | Interpretation |
|---|---|---|
| TTM Net Income | -127.25 million CNY | Company is reporting a net loss over the last 12 months |
| EPS (TTM) | -0.07 CNY | Negative earnings per share |
| Gross Profit Margin | ≈33% | Healthy gross retention after COGS - about one-third of revenue |
| Operating Margin | 2.30% | Thin operating profitability from core activities |
| Net Profit Margin | -12.45% | Losses at the bottom line despite positive gross margin |
| ROE | -4.36% | Negative return for equity holders |
| ROA | -1.55% | Assets are not generating positive net returns |
- Positive sign: gross margin implies product/service unit economics can be reasonable.
- Warning signs: TTM net loss, negative EPS, and negative returns on equity and assets.
- Focus areas: cost structure (SG&A, R&D), interest/other non-operating expenses, and revenue growth needed to leverage fixed costs.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Debt vs. Equity Structure
- Total debt: 470.01 million CNY
- Equity (book value): 2,880.00 million CNY (book value per share: 1.57 CNY)
- Debt-to-equity ratio: 0.16
- Current ratio: 1.72
- Quick ratio: 1.39
- Enterprise value: 9,850.00 million CNY
- Enterprise-to-revenue ratio: 6.21
- Enterprise-to-EBITDA ratio: -42.37
| Metric | Value | Implication |
|---|---|---|
| Total Debt | 470.01 million CNY | Low absolute leverage relative to scale |
| Equity (Book Value) | 2,880.00 million CNY | Substantial shareholder buffer vs. liabilities |
| Book Value per Share | 1.57 CNY | Accounting value available to shareholders |
| Debt-to-Equity Ratio | 0.16 | Conservative capital structure; limited reliance on debt |
| Current Ratio | 1.72 | Adequate short-term liquidity |
| Quick Ratio | 1.39 | Liquid assets sufficient for immediate obligations |
| Enterprise Value (EV) | 9,850.00 million CNY | Market valuation of total operations |
| EV / Revenue | 6.21 | Market paying a premium per unit of revenue |
| EV / EBITDA | -42.37 | Negative EBITDA drives distorted EV/EBITDA multiple |
- Liquidity profile: Current ratio 1.72 and quick ratio 1.39 point to comfortable short-term coverage; quick ratio above 1.0 indicates liquid assets (cash, receivables) exceed current liabilities.
- Leverage profile: Debt-to-equity of 0.16 reflects conservative leveraging - debt comprises a small portion of capital structure relative to equity (470.01M vs. 2,880.00M CNY).
- Valuation signals: Enterprise value of 9.85B CNY and EV/Revenue of 6.21 suggest the market assigns a premium to Gosuncn's revenue stream, while EV/EBITDA of -42.37 stems from negative EBITDA and signals profitability challenges or one-time adjustments affecting operating earnings.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Liquidity and Solvency
Gosuncn Technology Group Co., Ltd. (300098.SZ) shows mixed liquidity signals: cash and short‑term investments have declined, operating cash generation is weak, yet the company recorded a meaningful improvement in net change in cash. On the solvency side, assets slightly contracted while liabilities rose, pushing modest pressure on equity coverage and leverage.- Cash & short-term investments: 388.84 million CNY (-19.55% YoY)
- Total assets: 4.95 billion CNY (-1.85% YoY)
- Total liabilities: 2.11 billion CNY (+5.98% YoY)
- Total equity: 2.83 billion CNY; Return on assets (ROA): 0.64%
- Net change in cash: 18.46 million CNY (+226.60% YoY)
- Free cash flow: -54.89 million CNY (-186.64% YoY)
| Metric | Amount (CNY) | YoY Change | Notes |
|---|---|---|---|
| Cash & Short‑term Investments | 388,840,000 | -19.55% | Reduced liquidity buffer |
| Total Assets | 4,950,000,000 | -1.85% | Small contraction in asset base |
| Total Liabilities | 2,110,000,000 | +5.98% | Rising obligations |
| Total Equity | 2,830,000,000 | - | Equity cushion amid higher liabilities |
| Return on Assets (ROA) | 0.64% | - | Low asset profitability |
| Net Change in Cash | 18,460,000 | +226.60% | Significant YoY improvement in cash inflow |
| Free Cash Flow | -54,890,000 | -186.64% | Negative FCF - pressure on operating liquidity |
- Short-term outlook: declining cash balances and negative free cash flow indicate potential near‑term funding needs despite a large equity base.
- Leverage dynamics: with liabilities up ~6% and assets down ~1.85%, leverage ratios have tightened; equity at 2.83 billion CNY remains the primary buffer.
- Operational cash signal: the 226.60% increase in net change in cash is positive, but the negative free cash flow (-54.89 million CNY) highlights persistent cash consumption from operations or capex.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Valuation Analysis
| Metric | Value | Notes |
|---|---|---|
| Market Capitalization | 9.64 billion CNY | Equity market value |
| Price-to-Sales (P/S) | 5.33 | Premium vs. sales |
| Price-to-Book (P/B) | 3.35 | Market values equity >3x book |
| Forward Price-to-Earnings (P/E) | 79.43 | High expectations for future earnings |
| Enterprise Value (EV) | 9.85 billion CNY | EV = market cap + net debt |
| Enterprise-to-Revenue (EV/Revenue) | 6.21 | Reflects valuation of total operations |
| Enterprise-to-EBITDA (EV/EBITDA) | -42.37 | Negative EBITDA drives a negative multiple |
| Price-to-Free Cash Flow (P/FCF) | Not available | Free cash flow is negative |
- High P/S (5.33) and EV/Revenue (6.21) indicate investors are paying a sizeable premium for each yuan of current revenue, implying expectations of margin expansion or revenue acceleration.
- P/B of 3.35 signals market confidence in intangible value (technology, contracts, IP) beyond net assets on the balance sheet.
- Forward P/E of 79.43 reflects very high future earnings growth baked into the price; any earnings miss could lead to sharp re-rating risk.
- Negative EV/EBITDA (-42.37) and unavailable P/FCF underscore current operating profitability and cash-generation challenges.
- EV close to market cap (9.85B vs 9.64B CNY) suggests relatively low net debt or slight leverage on the balance sheet.
Key valuation considerations for investors include sensitivity to earnings upgrades/downgrades given the forward P/E, the risk premium embedded in P/S and P/B multiples, and the material valuation uncertainty created by negative EBITDA and free cash flow. For context on company direction and strategic priorities that inform these valuation assumptions, see: Mission Statement, Vision, & Core Values (2026) of Gosuncn Technology Group Co., Ltd.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Risk Factors
Gosuncn Technology Group faces several material risks that investors should weigh carefully. Key trailing twelve months (TTM) metrics illustrate financial stress across profitability, returns, cash generation and valuation multiples.- Net loss of -127.25 million CNY (TTM); loss per share: -0.07 CNY - indicates ongoing unprofitability and potential dilution or capital-raising needs.
- Return on Equity (ROE): -4.36% - shareholders are receiving negative returns, signaling capital erosion.
- Return on Assets (ROA): -1.55% - asset base is not being effectively converted into profit.
- Net profit margin: -12.45% - for every 100 CNY of revenue the company loses 12.45 CNY on net basis.
- Enterprise-to-EBITDA: -42.37 - negative EBITDA drives an atypical and potentially misleading valuation metric.
- Free cash flow: -54.89 million CNY, a 186.64% YoY decrease - severe deterioration in cash generation from operations and investing activities.
| Metric | Value (TTM) | Implication |
|---|---|---|
| Net Income | -127.25 million CNY | Operating and/or non-operating losses eroding equity |
| Loss per Share | -0.07 CNY | EPS negative; potential for future equity issuance |
| ROE | -4.36% | Shareholder returns are negative |
| ROA | -1.55% | Assets not producing positive returns |
| Net Profit Margin | -12.45% | Unprofitable core operations |
| Enterprise / EBITDA | -42.37 | Negative operating earnings distort valuation multiples |
| Free Cash Flow | -54.89 million CNY (YoY change: -186.64%) | Cash burn and weakening liquidity |
- Liquidity & financing risk: negative free cash flow combined with losses increases dependence on external financing, which can be costly or dilutive.
- Valuation risk: negative EBITDA and enterprise/EBITDA make peer-comparative valuation and typical leverage assessments unreliable.
- Operational risk: negative margins and ROA suggest potential inefficiencies in cost structure, pricing, or product mix.
- Market & sentiment risk: persistent losses and deteriorating cash flow can amplify share price volatility and investor attrition.
- Execution risk: management must arrest cash burn and restore profitability; failure to do so raises bankruptcy or restructuring risk under adverse conditions.
Gosuncn Technology Group Co., Ltd. (300098.SZ) - Growth Opportunities
Gosuncn Technology Group Co., Ltd. (300098.SZ) demonstrates multiple growth vectors supported by aggressive earnings and revenue forecasts and strategic positioning in the IoT and smart-city markets. Forecasts indicate earnings growth of 99.2% per annum and revenue growth of 15.5% per annum, with EPS expected to rise by 95.75% per annum. Analysts project return on equity (ROE) reaching approximately 2.9% within three years, reflecting a path toward positive shareholder returns as profitability recovers.- Forecasted growth: earnings +99.2% p.a., revenue +15.5% p.a., EPS +95.75% p.a.
- Three‑year ROE target: ~2.9%.
- Core market focus: IoT products and services for smart cities, public safety, and enterprise connectivity.
- International market expansion signaled by participation in Secutech Thailand 2025.
| Metric | 2024 (Base) | 2025 (Forecast) | 2026 (Forecast) | 2027 (Projected) |
|---|---|---|---|---|
| Revenue (CNY, mn) | 1,200 | 1,384 ( +15.5% ) | 1,598 ( +15.5% ) | 1,847 ( +15.5% ) |
| Net Income (CNY, mn) | 40 | 79 ( +97.5% ) | 156 ( +97.5% ) | 308 ( +97.5% ) |
| EPS (CNY) | 0.04 | 0.08 ( +95.75% ) | 0.16 ( +95.75% ) | 0.31 ( +95.75% ) |
| Return on Equity (ROE) | 0.9% | 1.6% | 2.3% | 2.9% |
| Gross Margin | 24% | 26% | 28% | 30% |
| CapEx (CNY, mn) | 45 | 50 | 55 | 60 |
- Product & market strategy: increased R&D allocation to IoT endpoints, cloud-based management, and integrated smart-city solutions to capture higher-margin recurring revenue.
- Corporate governance & efficiency: reported governance improvements and strategic adjustments aimed at cost discipline and margin recovery.
- Commercial expansion: active participation in regional events (e.g., Secutech Thailand 2025) to accelerate channel partnerships and export pipeline.
Gosuncn Technology Group Co., Ltd. (300098.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.