Fabless designer of RF front-end chips (switches, power amplifiers, filters) used in smartphones.
Fabless designer of RF front-end chips (switches, power amplifiers, filters) used in smartphones.
Sells RF chips and modules that route and amplify a phone's radio signals to handset makers. Because filters and amplifiers are matched to each phone design, income depends on winning slots in a handful of Chinese brands' flagship models, and swings with phone sales cycles.
In one line: A Chinese Qorvo/Skyworks.
Moat: narrow (IP / patents, customer qualification). Design wins embedded in flagship domestic phone models are sticky within a product generation.
Headquarters: Wuxi, China · Founded: 2005 · Employees: 2,301
Size Maxscend Microelectronics (300782.SZ) is a China Information Technology company (Semiconductors) with a market value of $4.51B, the 569th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥52.33 on 6 Nov 2026.
Performance Over six months the shares fell 47.5%, against -27.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 19 in its peer set.
Growth Revenue fell 6.3% over the last twelve months (peer median +24.6%); the operating margin is -25.2% (peer median 10.3%).
Valuation It trades at 8.0× enterprise value to sales against a peer median of 6.8× (9th most expensive of 21).
Capital Return on invested capital runs 15.3 points below its cost of capital (13.4% WACC).
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.64B | CN¥3.73B | CN¥4.49B | CN¥4.38B | CN¥3.68B |
| Revenue growth | — | -17% | +2% | +19% | — |
| Gross profit | CN¥1.13B | CN¥846M | CN¥1.65B | CN¥1.94B | CN¥1.88B |
| EBITDA | n/a | CN¥362M | CN¥952M | CN¥1.32B | CN¥1.15B |
| Net income | -CN¥890M | -CN¥293M | CN¥402M | CN¥1.12B | CN¥1.07B |
| Free cash flow | -CN¥822M | -CN¥701M | -CN¥1.79B | -CN¥228M | -CN¥768M |
| Capital expenditure | CN¥886M | CN¥812M | CN¥1.98B | CN¥2.39B | CN¥1.74B |
| Total debt | CN¥3.90B | CN¥3.65B | CN¥2.59B | CN¥68.5M | CN¥15.0M |
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 |
|---|---|---|---|---|---|---|
| Maxscend Microelectronics 300782.SZ | $4.51B | -47% | -6% | -25% | 8.0× | n/a |
| Qorvo QRVO | n/a | +45% | n/a | n/a | n/a | n/a |
| Skyworks Solutions SWKS | $19.3B | +24% | -3% | 9% | 4.8× | 39.4% |
| Murata Manufacturing 6981.T | $57.1B | -5% | +15% | 20% | 4.2× | 29.8% |
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 | 300782.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.1% | -20.5% | 11th highest of 21 |
| 6-month return | -47.5% | -27.2% | 8th lowest of 19 |
| Distance from 52-week high | -63.9% | -58.3% | 6th lowest of 21 |
| Revenue growth (TTM) | -6.3% | +24.6% | 4th lowest of 21 |
| Operating margin | -25.2% | 10.3% | lowest of 21 |
| EV / Sales | 8.0× | 6.8× | 9th most expensive of 21 |
| ROIC minus cost of capital | -15.3 pp | -1.8 pp | 3rd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Maxscend Microelectronics 300782.SZ | China | $4.51B | -47% | -6% | -25% | 8.0× | n/a | n/a |
| Macronix International 2337.TW | Taiwan | $4.52B | -53% | +127% | 38% | 2.3× | -7.5% | -6.2% |
| MaxLinear MXL | United States | $4.48B | -51% | +56% | -1% | 6.9× | n/a | n/a |
| Shanghai Fudan Microelectronics 1385.HK | Hong Kong | $4.55B | -48% | +21% | 13% | 6.9× | 19.3% | +18.1% |
| Chongqing Genori Technology 688797.SS | China | $4.45B | n/a | +37% | 29% | 32.1× | n/a | n/a |
| Powertech Technology 6239.TW | Taiwan | $4.61B | -11% | +24% | 13% | 2.1× | n/a | n/a |
| Bestechnic (Shanghai) 688608.SS | China | $4.41B | +2% | -26% | 8% | 8.9× | 42.7% | +27.1% |
| Synaptics SYNA | United States | $4.63B | -7% | +11% | -3% | 4.2× | 34.6% | -2.2% |
| Shenzhen Goodix Technology 603160.SS | China | $4.35B | -2% | -7% | 6% | 5.5× | 26.7% | -6.8% |
| Hanwha Solutions 009830.KS | South Korea | $4.30B | -49% | +14% | 0% | 0.4× | n/a | n/a |
| Premier Energies PREMIERENE.NS | India | $4.28B | -13% | +32% | 25% | 4.6× | n/a | n/a |
| Applied Optoelectronics AAOI | United States | $4.26B | -66% | +62% | -11% | 6.8× | n/a | n/a |
| Hunan Goke Microelectronics 300672.SZ | China | $4.24B | -27% | +54% | 5% | 9.2× | 46.0% | +19.7% |
| Shanghai Aiko Solar Energy 600732.SS | China | $4.23B | -13% | +25% | -8% | 2.5× | n/a | n/a |
| CSI Solar 688472.SS | China | $4.87B | -37% | -36% | -2% | 1.6× | n/a | n/a |
| eMemory Technology 3529.TWO | Taiwan | $4.17B | -58% | +17% | 61% | 30.2× | 32.2% | +16.7% |
| MaxOne Semiconductor (Suzhou) 688809.SS | China | $4.90B | +2% | +57% | 39% | 21.7× | n/a | n/a |
| Jiangsu Leadmicro Nano Technology 688147.SS | China | $4.06B | -26% | -5% | 3% | 10.0× | n/a | n/a |
| Zhejiang Quartz Crystal Optoelectronic Technology 002273.SZ | China | $5.03B | -28% | +19% | 18% | 4.2× | 16.9% | +16.5% |
| EverProX Technologies 300548.SZ | China | $5.04B | -59% | +64% | 35% | 8.8× | 30.9% | +26.6% |
| Chengdu Ultra Pure Applied Materials 301717.SZ | China | $4.03B | n/a | +93% | 42% | 50.3× | n/a | n/a |