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← CockpitCompetitor Analysis › 2676.HK Suzhou Novosense Microlectronics Co. Ltd. Class HOpen in the cockpit ↗

Suzhou Novosense Microlectronics Co. Ltd. Class H2676.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Semiconductors

Chinese analog chip designer specializing in isolation and interface ICs used in industrial, automotive and power electronics.

≈ A Chinese isolation/interface chip designer, akin to a smaller Analog Devices/Silicon LabsMomentum laggard 17
Mkt cap
$3.57B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$3.42M
20-day average traded
Fwd P/E
121.4×
forward earnings
ROIC−WACC
-4.2 pp
WACC 5.3%
Hurdle
n/a
no reverse DCF
Next earnings
168 days
23 Apr 2027
Close · HKDHK$114.40
1D-3.0%
1W+3.6%
1M-33.6%
3M-21.4%
6M-28.5%
YTD-2.0%
1Yn/a
ATR %8.2%
52w lowhigh54.6% off high

What Suzhou Novosense Microlectronics does

Chinese analog chip designer specializing in isolation and interface ICs used in industrial, automotive and power electronics.

Designs analog chips and has foundries make them, then sells them in volume to industrial, auto and power-electronics makers, largely through distributors. A chip can take a year or more to be approved for a car or factory design, so a win means years of repeat orders. This is the Hong Kong listing of the company that trades in Shanghai as 688052.SS.

In one line: A Chinese isolation/interface chip designer, akin to a smaller Analog Devices/Silicon Labs.

Products and services

  • Digital isolator chips
  • Interface ICs (CAN, RS485)
  • Signal chain/power ICs

Customers

  • Industrial automation and automotive OEMs

Where it sits in the supply chain

  • Information technology
  • Semiconductors
  • Isolation & interface analog IC design

What could go right

  • EV/industrial automation isolation-chip demand
  • China chip import substitution

What could go wrong

  • Analog chip pricing competition
  • Industrial/auto capex cyclicality

Moat: narrow (IP / patents, process know-how). Isolation-chip design expertise in a technically demanding analog niche with high qualification barriers.

Headquarters: Suzhou, China · Founded: 2013 · Employees: 1,345

Named competitors

Suzhou Novosense Microlectronics at a glance

Size Suzhou Novosense Microlectronics (2676.HK) is a Hong Kong Information Technology company (Semiconductors) with a market value of $3.57B, the 311th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$114.40 on 6 Nov 2026.

Performance Over six months the shares fell 28.5%, against -25.6% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 9th lowest of 19 in its peer set.

Growth Revenue grew 86.2% over the last twelve months (peer median +21.0%); the operating margin is -2.2% (peer median 4.8%).

Valuation It trades at 121.4× forward earnings against a peer median of 57.3× (6th most expensive of 16).

Capital Return on invested capital runs 4.2 points below its cost of capital (5.3% WACC).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

7510012511 May 202611 Aug 20266 Nov 2026Peer median 732676.HK 67
Six months, rebased to 100: Suzhou Novosense Microlectronics against the median of its 20 peers (local-currency closes).

Suzhou Novosense Microlectronics financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$5.96BHK$3.65BHK$2.12BHK$1.45BHK$1.94B
Revenue growth—+72%+47%-25%—
Gross profitHK$2.08BHK$1.18BHK$628MHK$508MHK$931M
EBITDAn/a-HK$37.7M-HK$344M-HK$338MHK$263M
Net incomeHK$337,212-HK$248M-HK$437M-HK$337MHK$291M
Free cash flow-HK$1.85B-HK$1.04B-HK$305M-HK$1.14B-HK$728M
Capital expenditureHK$856MHK$436MHK$408MHK$984MHK$462M
Total debtHK$2.05BHK$1.11BHK$933MHK$678MHK$56.7M

Quarterly statements and history in the cockpit →

Suzhou Novosense Microlectronics competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-40%-20%0%+20%DIOD688052605358301205NOD002459688048SOI3006236880476884096885996147300458652668814730072463232676.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Suzhou Novosense Microlectronics is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%+100%0×200×400×600×DIOD688052605358301205NOD688048SOI30062368840961476881473007242676.HKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Suzhou Novosense Microlectronics is the large dot.

Suzhou Novosense Microlectronics competitors and peer comparison

Head to head with its named competitors (2676.HK vs ADI vs SLAB vs TXN)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Suzhou Novosense Microlectronics 2676.HK$3.57B-28%+86%-2%121.4×n/a
Analog Devices ADI$176B-13%+34%36%22.4×27.8%
Silicon Laboratories SLAB$7.39B+2%+22%-3%60.3×n/a
Texas Instruments TXN$253B-4%+20%41%24.6×23.3%
SG Micro 3661.HK$5.78Bn/a+54%17%38.7×3.4%

How Suzhou Novosense Microlectronics compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Suzhou Novosense Microlectronics against its 20 peers (data as of 6 Nov 2026)
Measure2676.HKPeer medianRank in peer set
1-month return-33.6%-19.6%7th lowest of 21
6-month return-28.5%-25.6%9th lowest of 19
Distance from 52-week high-54.6%-54.3%9th lowest of 21
Revenue growth (TTM)+86.2%+21.0%3rd highest of 21
Operating margin-2.2%4.8%5th lowest of 20
Forward P/E121.4×57.3×6th most expensive of 16
ROIC minus cost of capital-4.2 pp-7.6 pp9th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Suzhou Novosense Microlectronics 2676.HKHong Kong$3.57B-28%+86%-2%121.4×n/an/a
Diodes DIODUnited States$3.56B-31%+18%5%14.6×34.0%+3.8%
Suzhou Novosense Microelectronics 688052.SSChina$3.60B-15%+77%-2%209.7×n/an/a
Hangzhou Lion Electronics 605358.SSChina$3.55B-25%+24%-1%81.0×n/an/a
Linktel Technologies 301205.SZChina$3.60B-39%+54%3%281.1×n/an/a
Nordic Semiconductor NOD.OLNorway$3.62B-12%+15%8%54.6×n/an/a
JA Solar Technology 002459.SZChina$3.50B-35%-23%n/an/a-20.3%+13.7%
Suzhou Everbright Photonics 688048.SSChina$3.48B-63%+88%-1%626.2×n/an/a
Jiangsu X-chip Semiconductor Tech 301707.SZChina$3.40Bn/a+55%41%n/an/an/a
Soitec SOI.PAFrance$3.79B-38%-34%-6%141.8×25.0%+0.3%
Jiangsu JieJie Microelectronics 300623.SZChina$3.31B-9%+34%17%24.6×17.9%+28.2%
Loongson Technology 688047.SSChina$3.86B-44%+24%-76%n/an/an/a
Shenyang Fortune Precision Equipment 688409.SSChina$3.28B-2%+34%4%122.8×n/an/a
Trina Solar 688599.SSChina$3.90B-36%-3%-9%n/a-4.3%+17.9%
Chipbond Technology 6147.TWOTaiwan$3.20B-20%+18%17%17.2×n/an/a
Allwinner Technology 300458.SZChina$4.02B-25%+26%15%57.3×n/an/a
Chengdu Ultra Pure Applied Materials 301717.SZChina$4.03Bn/a+93%42%n/an/an/a
Airoha Technology 6526.TWTaiwan$3.16B+5%+10%6%25.4×23.8%+16.5%
Jiangsu Leadmicro Nano Technology 688147.SSChina$4.06B-26%-5%3%82.1×n/an/a
Shenzhen S.C New Energy Technology 300724.SZChina$3.12B-36%-67%8%24.2×7.6%+30.8%
Rorze 6323.TJapan$3.11B-24%+10%27%12.6×14.3%+20.4%

Questions

Who are Suzhou Novosense Microlectronics's main competitors?
Named competitors: Analog Devices (ADI), Silicon Labs (SLAB), Texas Instruments (TXN), SG Micro (3661.HK). The cockpit's measured peer set (industry) also includes Diodes (DIOD), Suzhou Novosense Microelectronics (688052.SS), Hangzhou Lion Electronics (605358.SS), Linktel Technologies (301205.SZ), Nordic Semiconductor (NOD.OL), JA Solar Technology (002459.SZ).
Is Suzhou Novosense Microlectronics expensive compared with its peers?
On forward p/e it trades at 121.4× against a peer median of 57.3×, 6th most expensive of 16 in its peer set.
How has Suzhou Novosense Microlectronics stock performed?
Over six months to 6 Nov 2026 the shares returned -28.5% against -25.6% for the median peer.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.