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Chinese maker of discrete semiconductors (diodes, MOSFETs, transistors) and packaged power/analog ICs for appliances and electronics.
Chinese maker of discrete semiconductors (diodes, MOSFETs, transistors) and packaged power/analog ICs for appliances and electronics.
Packages semiconductor chips into finished diodes and MOSFETs and sells them in volume to appliance and power-supply makers, competing on cost and delivery rather than technology. Rectifier and protection diodes are the long-standing core.
In one line: A small Chinese Diodes Incorporated.
Moat: none (scale, process know-how). Commodity discrete-semiconductor packager competing on cost against many domestic peers.
Headquarters: Foshan, China · Founded: 1998 · Employees: 1,720
Size Foshan Blue Rocket Electronics (301348.SZ) is a China Information Technology company (Semiconductors) with a market value of $681M, the 3127th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥18.97 on 6 Nov 2026.
Performance Over six months the shares fell 24.4%, against -28.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 21.8% over the last twelve months (peer median +15.1%); the operating margin is -2.4% (peer median 2.5%).
Valuation It trades at 5.8× enterprise value to sales against a peer median of 2.4× (3rd most expensive of 21).
Capital Return on invested capital runs 10.2 points below its cost of capital (12.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥884M | CN¥710M | CN¥711M | CN¥735M | CN¥752M |
| Revenue growth | — | 0% | -3% | -2% | — |
| Gross profit | CN¥158M | CN¥8.41M | CN¥43.5M | CN¥104M | CN¥142M |
| EBITDA | n/a | CN¥35.6M | CN¥88.6M | CN¥139M | CN¥169M |
| Net income | CN¥7.02M | -CN¥37.4M | CN¥15.1M | CN¥58.4M | CN¥71.4M |
| Free cash flow | -CN¥140M | CN¥6.03M | -CN¥49.4M | -CN¥1.23M | -CN¥90.4M |
| Capital expenditure | CN¥286M | CN¥153M | CN¥188M | CN¥93.8M | CN¥186M |
| Total debt | CN¥810M | CN¥321M | CN¥211M | CN¥232M | CN¥66.9M |
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 |
|---|---|---|---|---|---|---|
| Foshan Blue Rocket Electronics 301348.SZ | $681M | -24% | +22% | -2% | 5.8× | n/a |
| Diodes DIOD | $3.56B | -31% | +18% | 5% | 2.0× | 34.0% |
| Yangzhou Yangjie Electronic Technology 300373.SZ | $5.99B | -3% | +29% | 18% | 4.4× | 18.1% |
| Vishay Intertechnology VSH | $3.57B | -32% | +18% | 5% | 0.9× | 18.8% |
| StarPower Semiconductor 603290.SS | $2.50B | -33% | +4% | 1% | 4.3× | 26.3% |
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 | 301348.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.4% | -19.6% | 7th highest of 21 |
| 6-month return | -24.4% | -28.2% | 8th highest of 21 |
| Distance from 52-week high | -49.7% | -52.3% | 9th highest of 21 |
| Revenue growth (TTM) | +21.8% | +15.1% | 10th highest of 21 |
| Operating margin | -2.4% | 2.5% | 8th lowest of 21 |
| EV / Sales | 5.8× | 2.4× | 3rd most expensive of 21 |
| ROIC minus cost of capital | -10.2 pp | -6.6 pp | 7th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Foshan Blue Rocket Electronics 301348.SZ | China | $681M | -24% | +22% | -2% | 5.8× | n/a | n/a |
| Talant Optronics (suzhou) 301045.SZ | China | $683M | -15% | -10% | 3% | 8.4× | n/a | n/a |
| UniTTEC 000925.SZ | China | $688M | -24% | +18% | 3% | 2.9× | n/a | n/a |
| Sanken Electric 6707.T | Japan | $673M | -43% | -19% | -8% | 2.1× | 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% |
| RFHIC 218410.KS | South Korea | $697M | -61% | +46% | 19% | 4.3× | 16.1% | +21.4% |
| PVA TePla TPE.DE | Germany | $666M | -37% | -4% | 1% | 2.6× | n/a | n/a |
| Shenzhen Sunmoon Microelectronics 688699.SS | China | $698M | -24% | +50% | 9% | 4.9× | 30.7% | +4.9% |
| Shanghai Orient-Chip Technology 688061.SS | China | $664M | +14% | +4% | -9% | 5.1× | n/a | n/a |
| Lingda 300125.SZ | China | $702M | -26% | +54% | -102% | 26.2× | n/a | n/a |
| Xinte Energy 1799.HK | Hong Kong | $707M | -41% | +12% | -6% | 1.8× | n/a | n/a |
| Formosa Advanced Technologies 8131.TW | Taiwan | $655M | -29% | +37% | 16% | 1.5× | n/a | n/a |
| 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 |
| Silicon Integrated Systems 2363.TW | Taiwan | $649M | -25% | +78% | 2% | 4.3× | 28.1% | +77.5% |
| Changzhou Galaxy Century Microelectronics 688689.SS | China | $723M | -9% | +29% | 11% | 3.1× | n/a | n/a |
| Hongli Zhihui 300219.SZ | China | $638M | -22% | +10% | 3% | 1.0× | 8.3% | +6.9% |
| 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 |