A financially distressed, diversified former solar/new-energy shell company spanning PV plants, factoring and naked-eye 3D/XR - not an operating semiconductor company.
A financially distressed, diversified former solar/new-energy shell company spanning PV plants, factoring and naked-eye 3D/XR - not an operating semiconductor company.
In one line: A distressed, diversified Chinese holding company - not comparable to focused US semicondu.
Moat: none. A financially distressed, multi-segment holding company (flagged *ST) with no core semiconductor moat.
Headquarters: Dalian, China · Employees: 62
Size Lingda (300125.SZ) is a China Information Technology company (Semiconductors) with a market value of $702M, the 3050th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.03 on 6 Nov 2026.
Performance Over six months the shares fell 26.3%, against -28.2% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 53.6% over the last twelve months (peer median +19.9%); the operating margin is -101.6% (peer median 2.4%).
Valuation It trades at 26.2× enterprise value to sales against a peer median of 2.7× (most expensive of 21).
Capital Return on invested capital runs 26.3 points below its cost of capital (6.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥156M | CN¥125M | CN¥60.4M | CN¥845M | CN¥1.60B |
| Revenue growth | — | +107% | -93% | -47% | — |
| Gross profit | CN¥34.8M | CN¥8.21M | -CN¥97.4M | CN¥96.3M | CN¥181M |
| EBITDA | n/a | -CN¥22.9M | -CN¥208M | CN¥108M | CN¥148M |
| Net income | CN¥176M | CN¥20.3M | -CN¥950M | -CN¥262M | -CN¥16.9M |
| Free cash flow | -CN¥66.1M | CN¥49.1M | -CN¥10.9M | -CN¥107M | CN¥221M |
| Capital expenditure | CN¥106M | CN¥22,049 | CN¥971,344 | CN¥192M | CN¥115M |
| Total debt | CN¥93.2M | CN¥514M | CN¥1.02B | CN¥1.23B | CN¥1.01B |
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.
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.
| Measure | 300125.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.1% | -16.7% | 10th highest of 21 |
| 6-month return | -26.3% | -28.2% | 10th highest of 21 |
| Distance from 52-week high | -39.9% | -52.3% | 4th highest of 21 |
| Revenue growth (TTM) | +53.6% | +19.9% | highest of 21 |
| Operating margin | -101.6% | 2.4% | lowest of 21 |
| EV / Sales | 26.2× | 2.7× | most expensive of 21 |
| ROIC minus cost of capital | -26.3 pp | -6.8 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Lingda 300125.SZ | China | $702M | -26% | +54% | -102% | 26.2× | n/a | n/a |
| Shenzhen Sunmoon Microelectronics 688699.SS | China | $698M | -24% | +50% | 9% | 4.9× | 30.7% | +4.9% |
| Xinte Energy 1799.HK | Hong Kong | $707M | -41% | +12% | -6% | 1.8× | n/a | n/a |
| RFHIC 218410.KS | South Korea | $697M | -61% | +46% | 19% | 4.3× | 16.1% | +21.4% |
| X-FAB Silicon Foundries XFAB.PA | France | $709M | -38% | -8% | 2% | 1.3× | n/a | n/a |
| Hd Hyundai Energy Solutions 322000.KS | South Korea | $714M | -63% | +39% | 16% | 1.5× | 3.2% | +4.5% |
| Alpha and Omega Semiconductor L AOSL | United States | $716M | -38% | -2% | -6% | 0.8× | n/a | n/a |
| UniTTEC 000925.SZ | China | $688M | -24% | +18% | 3% | 2.9× | n/a | n/a |
| Talant Optronics (suzhou) 301045.SZ | China | $683M | -15% | -10% | 3% | 8.4× | n/a | n/a |
| Changzhou Galaxy Century Microelectronics 688689.SS | China | $723M | -9% | +29% | 11% | 3.1× | n/a | n/a |
| Foshan Blue Rocket Electronics 301348.SZ | China | $681M | -24% | +22% | -2% | 5.8× | n/a | n/a |
| SFA Semicon 036540.KS | South Korea | $728M | -27% | +37% | -4% | 2.2× | n/a | n/a |
| Yuneng Technology 688348.SS | China | $729M | -39% | -40% | -58% | 5.6× | n/a | n/a |
| Sanken Electric 6707.T | Japan | $673M | -43% | -19% | -8% | 2.1× | n/a | n/a |
| Changzhou Shichuang Energy 688429.SS | China | $733M | -13% | +30% | -38% | 5.7× | n/a | n/a |
| Orient Semiconductor Electronics 2329.TW | Taiwan | $670M | -46% | +11% | 7% | 1.1× | n/a | n/a |
| Shenzhen Refond Optoelectronics 300241.SZ | China | $668M | -22% | +24% | 4% | 2.2× | 16.7% | +8.4% |
| PVA TePla TPE.DE | Germany | $666M | -37% | -4% | 1% | 2.6× | n/a | n/a |
| Zhejiang MTCN Technology 003026.SZ | China | $742M | -24% | +29% | 17% | 9.5× | 30.7% | +9.5% |
| Shanghai Orient-Chip Technology 688061.SS | China | $664M | +14% | +4% | -9% | 5.1× | n/a | n/a |
| Formosa Advanced Technologies 8131.TW | Taiwan | $655M | -29% | +37% | 16% | 1.5× | n/a | n/a |