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600536:SSEChina National Software & Service Company Limited Class A Analysis

Data as of 2026-09-04 - not real-time

CN¥33.50

Latest Price

7/10Risk

Risk Level: Medium

Executive Summary

China National Software & Service Company Limited trades at ¥33.50, with its moving averages tangled rather than clearly stacked — a neutral trend structure. It has gained 9.6% over the past 30 days. RSI sits at 52.4, which reads as neutral, and MACD momentum is bearish. Recent trading has carved out support near ¥30.40 and resistance around ¥37.19.
The shares look overvalued, trading on 1116.7 times earnings above a sector average of 33.2. Revenue is contracting at 32.4% on a 0.4% profit margin.
Risk comes out at 7 of a possible 10, a elevated reading. With 30-day volatility of 42.6%, a beta of 0.26 and a maximum drawdown of 51.4%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 96 on the fear-greed composite.
All three time horizons resolve to sell, carrying 6/10 conviction.

Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 6/10

Key Factors

  • Trading below the 200-day average of 39.06
  • MACD momentum is negative
  • 30-day price change of +9.6%

Medium Term

1–3 years
Cautious
Model confidence: 6/10

Key Factors

  • P/E of 1116.7 versus sector average of 33.2
  • Trading below the 200-day average of 39.06
  • 30-day volatility of 42.6%

Long Term

> 3 years
Cautious
Model confidence: 6/10

Key Factors

  • P/E of 1116.7 versus sector average of 33.2
  • Revenue contracting at -32.4%
  • 30-day volatility of 42.6%

Key Metrics & Analysis

Financial Health

Revenue Growth-32.40%
Profit Margin0.45%
P/E Ratio1116.7
ROE4.81%
ROA1.32%
Debt/Equity22.54
P/B Ratio8.7
Op. Cash FlowCN¥659.1M
Free Cash FlowCN¥294.2M
Industry P/E33.2

Technical Analysis

TrendNeutral
RSI52.4
SupportCN¥30.40
ResistanceCN¥37.19
MA 20CN¥33.22
MA 50CN¥31.92
MA 200CN¥39.06
MACDBearish
VolumeDecreasing
Fear & Greed Index96.36

Valuation

Fair ValueCN¥6.27
GradeOvervalued
TypeGrowth

Risk Assessment

Beta0.26
Volatility42.59%
Sector RiskHigh
Reg. RiskMedium
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.