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Makes LED epitaxial wafers and chips for lighting, displays and Mini/Micro-LED applications; controlled by the BOE display group.
Makes LED epitaxial wafers and chips for lighting, displays and Mini/Micro-LED applications; controlled by the BOE display group.
In one line: A Chinese LED-chip maker within the BOE display ecosystem.
Moat: none (scale). LED chips are a commodity business; BOE ownership provides a captive display-related demand channel.
Headquarters: Beijing, China · Founded: 2005 · Employees: 2,902
Size BOE HC SemiTek (300323.SZ) is a China Information Technology company (Semiconductors) with a market value of $1.81B, the 1383rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.51 on 6 Nov 2026.
Performance Over six months the shares fell 37.9%, against -22.1% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 23.3% over the last twelve months (peer median +16.1%); the operating margin is -7.8% (peer median 9.1%).
Valuation It trades at 53.6× forward earnings against a peer median of 22.1× (4th most expensive of 16).
Capital Return on invested capital runs 7.5 points below its cost of capital (8.6% WACC).
Next results Next results expected around 15 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.54B | CN¥5.41B | CN¥4.12B | CN¥2.90B | CN¥2.35B |
| Revenue growth | — | +31% | +42% | +23% | — |
| Gross profit | CN¥954M | CN¥169M | -CN¥211M | -CN¥391M | CN¥65.2M |
| EBITDA | n/a | CN¥307M | CN¥36.9M | -CN¥210M | CN¥282M |
| Net income | -CN¥364M | -CN¥438M | -CN¥611M | -CN¥846M | -CN¥147M |
| Free cash flow | -CN¥610M | -CN¥1.79B | -CN¥2.01B | -CN¥392M | -CN¥124M |
| Capital expenditure | CN¥803M | CN¥1.15B | CN¥2.13B | CN¥502M | CN¥860M |
| Total debt | CN¥6.59B | CN¥5.52B | CN¥4.06B | CN¥2.69B | CN¥3.61B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| BOE HC SemiTek 300323.SZ | $1.81B | -38% | +23% | -8% | 53.6× | n/a |
| Sanan Optoelectronics 600703.SS | $6.87B | -33% | -22% | -7% | n/a | n/a |
| Xiamen Changelight 300102.SZ | $2.26B | -50% | -38% | -2% | 71.3× | 34.6% |
| Visual Photonics Epitaxy 2455.TW | $1.80B | -17% | +34% | 26% | 34.1× | 38.7% |
| Shenzhen Jieshun Science & Technology Industry 002609.SZ | $683M | -14% | +5% | 3% | 26.4× | 1.9% |
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 | 300323.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.6% | -23.5% | 11th highest of 21 |
| 6-month return | -37.9% | -22.1% | 7th lowest of 21 |
| Distance from 52-week high | -66.9% | -48.2% | lowest of 21 |
| Revenue growth (TTM) | +23.3% | +16.1% | 10th highest of 21 |
| Operating margin | -7.8% | 9.1% | 5th lowest of 21 |
| Forward P/E | 53.6× | 22.1× | 4th most expensive of 16 |
| ROIC minus cost of capital | -7.5 pp | -6.3 pp | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| BOE HC SemiTek 300323.SZ | China | $1.81B | -38% | +23% | -8% | 53.6× | n/a | n/a |
| Shanghai V-Test Semiconductor Tech 688372.SS | China | $1.82B | -53% | +53% | 18% | 29.2× | n/a | n/a |
| Cohu COHU | United States | $1.82B | -22% | +34% | -2% | 19.3× | 21.5% | -6.6% |
| ISC 095340.KS | South Korea | $1.82B | -50% | +61% | 30% | 29.8× | 10.5% | +12.6% |
| Emmvee Photovoltaic Power EMMVEE.NS | India | $1.84B | -5% | +116% | 29% | 11.4× | n/a | n/a |
| Elite Semiconductor Microelectronics Technology 3006.TW | Taiwan | $1.79B | +14% | +273% | 49% | 1.6× | n/a | n/a |
| ams-OSRAM AMS.SW | Switzerland | $1.78B | -16% | -3% | 8% | n/a | n/a | n/a |
| Siltronic WAF.DE | Germany | $1.86B | -46% | +1% | -16% | n/a | n/a | n/a |
| Shanghai New Vision Microelectronics 688593.SS | China | $1.76B | -22% | +7% | -4% | 643.2× | n/a | n/a |
| Psk 031980.KS | South Korea | $1.89B | -4% | +7% | 36% | 19.2× | 19.3% | +39.2% |
| Chengdu Sino-Microelectronics Tech 688709.SS | China | $1.90B | -47% | -15% | -19% | 29.9× | n/a | n/a |
| Changzhou Fusion New Material 688503.SS | China | $1.71B | -53% | +41% | 2% | 37.6× | n/a | n/a |
| Risen Energy 300118.SZ | China | $1.71B | -42% | -52% | -39% | n/a | 38.4% | -4.7% |
| Shoals Technologies SHLS | United States | $1.70B | +14% | +49% | 11% | 18.3× | n/a | n/a |
| HPSP 403870.KS | South Korea | $1.95B | -37% | -20% | 53% | 22.1× | 15.6% | +23.1% |
| Southchip Semiconductor Technology (Shanghai) 688484.SS | China | $1.95B | -21% | +9% | -2% | 882.8× | n/a | n/a |
| Greatek Electronics 2441.TW | Taiwan | $1.68B | +4% | +24% | 21% | 13.2× | 1.6% | +2.7% |
| Shanghai Anlogic Infotech 688107.SS | China | $1.67B | -26% | +70% | -25% | n/a | n/a | n/a |
| Shenzhen Injoinic Technology 688209.SS | China | $1.64B | +5% | +13% | 11% | n/a | n/a | n/a |
| Aerospace Nanhu Electronic Information Technology 688552.SS | China | $1.64B | -19% | +19% | -6% | 231.3× | 35.8% | +1.0% |
| Tekscend Photomask 429A.T | Japan | $1.64B | -36% | +10% | 22% | 9.9× | 6.4% | +8.7% |