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Hithink RoyalFlush Information Network Co (300033) Fair Value & Analysis

Financial Services · CN · Market cap 162B CNY

HR Hithink RoyalFlush Information Network Co 300033 · SHE
Price¥238.98
Fair Value¥55.36
Upside-76.8%
Quality71/100
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Healthy Growth
Highly profitable · 52.7% net margin
generates free cash flow
1.69% dividend yield
Mixed vs. peers (7/14)
Wide moat 85/100
Evidence: High Range ¥41.52 – ¥208.11 Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Share price +1.2% over the past month.

A solid business, but screening 77% overvalued on our models.

What matters now

  • A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (¥208.11). The favourable scenario is already priced in.
  • The model range is unusually wide (¥41.52 to ¥208.11). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

¥288.18 ¥48.34 Fair Value ¥55.36 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range ¥48.34 – ¥288.18 · fair‑value band ¥41.52 – ¥208.11 · the ¥238.98 price screens above the ¥55.36 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Hithink RoyalFlush Information Network Co (300033) currently trades at ¥238.98, while our model-based Fair Value estimate is ¥55.36, implying the stock looks roughly 76.8% overvalued today. We read business quality at 71/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Hithink RoyalFlush Information Network Co generated revenue of 6.3B CNY at a net margin of 52.7%. Revenue grew 40.8% year over year. It earns a return on equity of 49.6%. The balance sheet holds a net cash position of 14.0B CNY. Fundamentals as of Jul 17, 2026

Our scenario range runs from ¥41.52 (bear case) to ¥208.11 (bull case); at ¥238.98, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 21% below its 52-week high and 46% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -53% fair-value upside, at -77%, 300033 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ¥28.38 ¥36.61 ¥222.72 76
Growth DCF ¥95.04 ¥160.74 ¥293.55 72
Gordon GGM ¥20.33 ¥42.27 ¥67.06 70
All 26 models by family
DCF Models
FCF DCF ¥99.86 ¥146.44 ¥294.77 38
Owner Earnings ¥84.14 ¥167.68 ¥343.06 31
5Y Revenue Exit ¥52.22 ¥67.78 ¥99.59 39
5Y EBITDA Exit ¥76.98 ¥117.84 ¥197.81 41
5Y P/E Exit ¥89.12 ¥173.02 ¥286.82 38
10Y Revenue Exit ¥65.99 ¥101.75 ¥117.96 36
10Y EBITDA Exit ¥84.69 ¥155.06 ¥274.31 37
10Y P/E Exit ¥93.55 ¥181.21 ¥324.08 35
Earnings-Based
Graham-Dodd ¥28.96 ¥201.95 ¥283.40 54
Lynch FV ¥82.66 ¥118.09 ¥153.51 50
PEG = 1.0 ¥82.66 ¥118.09 ¥153.51 46
EPV ¥59.31 ¥66.09 ¥72.02 59
Dividend Discount
Gordon GGM ¥20.33 ¥42.27 ¥67.06 70
DDM Multi-Stage ¥20.33 ¥35.65 ¥44.37 61
Multiples
P/E Multiple ¥63.88 ¥85.17 ¥106.46 63
P/S Multiple ¥15.02 ¥20.03 ¥25.03 58
P/B Multiple ¥28.38 ¥37.83 ¥47.29 55
EV/EBIT ¥83.44 ¥105.04 ¥126.63 53
EV/EBITDA ¥66.44 ¥82.38 ¥98.31 54
EV/Revenue ¥32.67 ¥38.68 ¥44.68 43
Asset-Based
NCAV (Graham) ¥6.31 ¥8.45 ¥12.61 50
Growth DCF
Growth DCF ¥95.04 ¥160.74 ¥293.55 72
Rev-Margin DCF ¥53.11 ¥73.17 ¥110.83 67
Economic Profit
Residual Income ¥28.38 ¥36.61 ¥222.72 76
ROIC Compounder ¥59.31 ¥66.09 ¥72.02 67
Growth Earnings
Growth-Adj P/E ¥101.55 ¥145.07 ¥188.59 68

Widest divergence: DCF Models (¥146.44) versus Asset-Based (¥8.45). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 6.3B CNY
Revenue growth (YoY) +40.8%
Net margin 52.7%
Return on equity 49.6%
Free cash flow 3.6B CNY FY2025
P/E ratio 48.2
More key figures
Operating margin 21.9%
EPS (TTM) ¥4.47
Dividend yield 1.7%
EPS growth (YoY) +113%
Net cash 14.0B CNY FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 81 · Market factors (momentum, volatility) 46

Profitability 77
Margins and returns on capital today
Quality Growth 82
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Hithink RoyalFlush Information Network Co., Ltd. provides internet financial information services in China and internationally. It operates through Value-Added Telecommunications Services, Software Sales and Maintenance, Advertising and Internet Business Promotion Services, and Fund Agent Sale and Other Trading Service segments.

Full company description

Hithink RoyalFlush Information Network Co., Ltd. provides internet financial information services in China and internationally. It operates through Value-Added Telecommunications Services, Software Sales and Maintenance, Advertising and Internet Business Promotion Services, and Fund Agent Sale and Other Trading Service segments. The company offers AI-powered financial information services; online trading software; system construction and maintenance; financial data; intelligent promotion services; financial news services; investment and wealth management analysis tools; wealth management product trading services; investment community exchange services; AI application products; investment research support and decision support systems; data terminals and interface services; and intelligent marketing solutions, as well as supplies online securities trading systems. It also provides computer application, fund consignment, private equity fund management, investment and consulting, insurance brokerage, technical, and medical device operations services. In addition, the company is involved in the corporate credit reporting business. It serves securities companies, fund companies, banks, insurance institutions, government departments, research institutions, listed companies, and individual investors. Hithink RoyalFlush Information Network Co., Ltd. was founded in 1995 and is headquartered in Hangzhou, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hithink RoyalFlush Information Network Co reported revenue of ¥6.0B in FY2025 versus ¥3.5B in FY2021, a compound +14.5%/yr. Reported net income was ¥3.2B in FY2025, compounding +13.8%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
6.0B CNY
Latest YoY
+44.0%
Avg. growth/yr (3Y)
+19.2%
Avg. growth/yr (5Y)
+16.2%
Avg. growth/yr (19Y)
+34.0%
Revenue +14.5%/yr
FY21 ¥3.5B
FY22 ¥3.6B
FY23 ¥3.6B
FY24 ¥4.2B
FY25 ¥6.0B
Net income +13.8%/yr
FY21 ¥1.9B
FY22 ¥1.7B
FY23 ¥1.4B
FY24 ¥1.8B
FY25 ¥3.2B

300033 screens 77% overvalued. Compare with S&P Global Inc →

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Cite: Fair Value Calculator (2026). "Hithink RoyalFlush Information Network Co Fair Value". https://www.fairvalue-calculator.com/stock/300033

Peer Group

Financial Data & Stock Exchanges · 55 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 71 · Above median
Fair Value upside −77% · Bottom 25%
Return on equity (TTM) 50% · Top 25%
Return on assets 16% · Top 25%
Net margin (TTM) 53% · Top 25%
Operating margin (TTM) 22% · Below median
Revenue growth 41% · Top 25%
Dividend yield (TTM) 1.7% · Above median

Valuation Multiples vs Financial Data & Stock Exchanges median · lower = cheaper

P/E (TTM) 48.2× · Pricier than 75% of peers
P/B 17.09× · Pricier than 75% of peers
P/S (TTM) 25.61× · Pricier than 75% of peers
P/FCF 6.6× · Cheaper than median
EV/EBITDA 42.2× · Pricier than 75% of peers
PEG 12.74× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 69
PAST 100 · sector 77
HEALTH 0 · sector 95
DIVIDEND 34 · sector 32

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Financial Data & Stock Exchanges stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
S&P Global Inc SPGI $450.84 $196.36 -56%
CME Group CME $245.05 $145.51 -41%
Moody's Corporation MCO $504.46 $194.82 -61%
Intercontinental Exchange, Inc ICE $139.65 $75.95 -46%
Deutsche Börse AG DB1 €260.90 €142.42 -45%
Nasdaq, Inc NDAQ $88.08 $41.12 -53%
MSCI Inc MSCI $604.71 $214.91 -64%
Coinbase Global, Inc COIN $160.49 $57.05 -64%
Cboe Global Markets, Inc CBOE $273.41 $136.64 -50%
Singapore Exchange Limited S68 23.88 SGD 7.88 SGD -67%

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Frequently asked questions

Is Hithink RoyalFlush Information Network Co (300033) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of ¥55.36 versus a price of ¥238.98, about −77% (overvalued).
What is the fair value of 300033?
Our model-based fair value for Hithink RoyalFlush Information Network Co is ¥55.36 (as of Jul 17, 2026), built from audited fundamentals. The current price is ¥238.98.
What is the quality score of 300033?
Hithink RoyalFlush Information Network Co has a Quality Score of 71/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Hithink RoyalFlush Information Network Co (300033)?
Hithink RoyalFlush Information Network Co reported trailing-twelve-month revenue of about 6.3B CNY (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 300033?
The net profit margin of Hithink RoyalFlush Information Network Co is about 52.7%, meaning it keeps roughly 52.7% of revenue as net income. Based on the latest reported figures.
Does Hithink RoyalFlush Information Network Co pay a dividend?
Hithink RoyalFlush Information Network Co currently shows a dividend yield of about 1.68% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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