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Chinese designer of graphics processing chips (GPUs) aimed at reducing reliance on Nvidia/AMD in government and PC markets.
Chinese designer of graphics processing chips (GPUs) aimed at reducing reliance on Nvidia/AMD in government and PC markets.
In one line: China's fledgling Nvidia/AMD in discrete GPUs.
Moat: narrow (IP / patents, regulatory licence). Early domestic GPU IP plus government procurement preference for localized chips, though performance still trails Nvidia/AMD.
Headquarters: Changsha, China · Founded: 2014 · Employees: 1,562
Size Changsha Jingjia Microelectronics (300474.SZ) is a China Information Technology company (Electronic Production Equipment) with a market value of $3.59B, the 719th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥45.96 on 6 Nov 2026.
Performance Over six months the shares fell 30.3%, against -14.6% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue grew 49.6% over the last twelve months (peer median +20.3%); the operating margin is -77.2% (peer median 7.8%).
Valuation It trades at 27.9× enterprise value to sales against a peer median of 3.9× (most expensive of 21).
Capital Return on invested capital runs 18.6 points below its cost of capital (10.6% WACC).
Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥778M | CN¥712M | CN¥459M | CN¥702M | CN¥1.14B |
| Revenue growth | — | +55% | -35% | -38% | — |
| Gross profit | CN¥421M | CN¥250M | CN¥122M | CN¥347M | CN¥686M |
| EBITDA | n/a | -CN¥251M | -CN¥182M | CN¥8.37M | CN¥302M |
| Net income | -CN¥277M | -CN¥165M | -CN¥165M | CN¥59.7M | CN¥289M |
| Free cash flow | -CN¥535M | -CN¥120M | -CN¥139M | CN¥177M | -CN¥421M |
| Capital expenditure | CN¥102M | CN¥75.2M | CN¥210M | CN¥86.3M | CN¥124M |
| Total debt | CN¥677M | CN¥448M | CN¥176M | CN¥348M | CN¥282M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Changsha Jingjia Microelectronics 300474.SZ | $3.59B | -30% | +50% | -77% | 27.9× | n/a |
| Nvidia NVDA | $4.50T | -13% | +83% | 65% | 14.7× | 26.3% |
| Advanced Micro Devices AMD | $733B | -1% | +42% | 18% | 16.0× | 60.9% |
| Moore Threads Technology 688795.SS | $25.1B | -53% | +226% | -9% | 41.0× | n/a |
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 | 300474.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.4% | -21.7% | 8th highest of 21 |
| 6-month return | -30.3% | -14.6% | 7th lowest of 21 |
| Distance from 52-week high | -44.3% | -50.8% | 10th highest of 21 |
| Revenue growth (TTM) | +49.6% | +20.3% | 2nd highest of 21 |
| Operating margin | -77.2% | 7.8% | lowest of 21 |
| EV / Sales | 27.9× | 3.9× | most expensive of 21 |
| ROIC minus cost of capital | -18.6 pp | +0.5 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Changsha Jingjia Microelectronics 300474.SZ | China | $3.59B | -30% | +50% | -77% | 27.9× | n/a | n/a |
| Vishay Intertechnology VSH | United States | $3.57B | -32% | +18% | 5% | 0.9× | 18.8% | +4.2% |
| Fositek 6805.TW | Taiwan | $3.50B | -15% | +46% | 27% | 7.1× | 14.7% | +41.1% |
| Jones Tech 300684.SZ | China | $3.83B | +20% | +15% | 20% | 12.2× | 42.9% | +9.8% |
| Olympic Circuit Technology 603920.SS | China | $3.29B | -42% | +21% | 6% | 3.1× | n/a | n/a |
| Universal Display OLED | United States | $3.98B | -4% | -2% | 35% | 5.7× | 14.3% | +8.7% |
| Guangdong Create Century Intelligent Equipment 300083.SZ | China | $3.13B | +7% | +35% | 11% | 3.3× | n/a | n/a |
| OFILM 002456.SZ | China | $3.10B | -35% | -17% | -1% | 1.5× | 27.0% | -14.4% |
| OPT Machine Vision Tech 688686.SS | China | $2.96B | +48% | +38% | 12% | 11.6× | n/a | n/a |
| Exosens EXENS.PA | France | $2.95B | -11% | +15% | 17% | 5.7× | 24.3% | +25.6% |
| JoulWatt Technology 688141.SS | China | $4.44B | -30% | +50% | -28% | 9.2× | n/a | n/a |
| Shenzhen Sunlord Electronics 002138.SZ | China | $4.55B | +11% | +20% | 16% | 4.3× | 14.5% | +14.2% |
| LG Innotek 011070.KS | South Korea | $4.62B | -54% | +20% | 4% | 0.2× | -0.3% | +18.1% |
| MDA Space MDA.TO | Canada | $4.65B | -14% | +38% | 5% | 3.5× | n/a | n/a |
| Quectel Wireless Solutions 603236.SS | China | $4.71B | +50% | +30% | 5% | 1.2× | n/a | n/a |
| Lagercrantz LAGR-B.ST | Sweden | $4.72B | -6% | +17% | 15% | 4.4× | 20.6% | +21.0% |
| Zhejiang Jiemei Electronic & Technology 002859.SZ | China | $2.71B | -21% | +26% | 13% | 8.3× | n/a | n/a |
| Marketech International 6196.TW | Taiwan | $2.68B | +8% | +44% | 7% | 1.3× | 6.3% | +15.5% |
| Forehope Electronic (Ningbo) 688362.SS | China | $2.67B | -19% | +19% | 0% | 5.4× | n/a | n/a |
| LG Display 034220.KS | South Korea | $2.61B | -42% | -7% | 2% | 0.1× | -13.4% | +1.2% |
| Asmpt 0522.HK | Hong Kong | $5.02B | -47% | +21% | 9% | 2.3× | 12.1% | -1.3% |