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← CockpitCompetitor Analysis › 301707.SZ Jiangsu X-chip Semiconductor TechOpen in the cockpit ↗

Jiangsu X-chip Semiconductor Tech301707.SZCompetitor analysis, valuation and peers

China · CNY·Information Technology›Semiconductors

Nanjing fabless designer of high-reliability analog power chips and 3D-stacked micro-modules for defence, aerospace and state-group electronics customers.

Mkt cap
$3.40B
US dollars, full cap
Free float
100%
of shares outstanding
$/day
$22.9M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-1.3 pp
WACC 18.6%
Hurdle
n/a
no reverse DCF
Close · CNYCN¥55.10
1D-1.3%
1W+6.5%
1M-18.3%
3Mn/a
6Mn/a
YTDn/a
1Yn/a
ATR %7.0%
52w lowhigh57.6% off high

What Jiangsu X-chip Semiconductor Tech does

Nanjing fabless designer of high-reliability analog power chips and 3D-stacked micro-modules for defence, aerospace and state-group electronics customers.

Sells to research institutes and subsidiaries of large defence, aerospace and state electronics groups, so orders follow equipment programmes and a push to replace imported power chips. It designs and tests its own chips and micro-modules, and listed on the ChiNext board in August 2026.

Products and services

  • DC/DC conversion chips and LDO regulators
  • Load and current-limiting switches
  • DC/DC micro-modules and protection switch modules
  • Discrete devices (MOSFETs, diodes, thyristors)

Customers

  • China Electronics Technology Group (CETC) institut
  • China Electronics Corporation units
  • Aviation Industry Corporation (AVIC) units
  • Aerospace groups (CASIC, CASC)

Where it sits in the supply chain

  • Information Technology
  • Semiconductors
  • High-reliability analog power chips and…

What could go right

  • Domestic substitution in military electronics
  • Extension into signal-chain products

What could go wrong

  • Dependence on military and state-group procurement
  • Competition from US analog leaders

Moat: narrow (customer qualification, IP / patents). Qualified supplier of high-reliability power chips to military and aerospace groups; qualification is slow for newcomers to win.

Headquarters: Nanjing, China · Founded: 2018 · Employees: 385

Named competitors

Jiangsu X-chip Semiconductor Tech at a glance

Size Jiangsu X-chip Semiconductor Tech (301707.SZ) is a China Information Technology company (Semiconductors) with a market value of $3.40B, the 763rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥55.10 on 6 Nov 2026.

Growth Revenue grew 54.9% over the last twelve months (peer median +21.0%); the operating margin is 41.2% (peer median 3.8%).

Valuation It trades at 33.4× enterprise value to sales against a peer median of 5.2× (2nd most expensive of 21).

Capital Return on invested capital runs 1.3 points below its cost of capital (18.6% WACC).

Jiangsu X-chip Semiconductor Tech financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
Revenuen/aCN¥639MCN¥413MCN¥466M
Revenue growth—+55%-11%—
Gross profitn/aCN¥501MCN¥294MCN¥371M
EBITDAn/aCN¥296MCN¥147MCN¥218M
Net incomen/aCN¥228MCN¥95.4MCN¥179M
Free cash flown/a-CN¥98.2MCN¥54.9M-CN¥112M
Capital expendituren/aCN¥100MCN¥41.3MCN¥54.3M
Total debtCN¥26.3MCN¥24.0MCN¥36.0MCN¥21.9M

Quarterly statements and history in the cockpit →

Jiangsu X-chip Semiconductor Tech competitor charts

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.

Fundamentals: revenue growth against valuation

0%+50%0×10×20×30×688048300623002459688409605358DIOD2676688052301205614730072463233374SOI68879825776531688047301707.SZRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Jiangsu X-chip Semiconductor Tech is the large dot.

Jiangsu X-chip Semiconductor Tech competitors and peer comparison

Head to head with its named competitors (301707.SZ vs ADI vs TXN vs IFX.DE)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Jiangsu X-chip Semiconductor Tech 301707.SZ$3.40Bn/a+55%41%33.4×n/a
Analog Devices ADI$176B-13%+34%36%13.2×27.8%
Texas Instruments TXN$253B-4%+20%41%12.5×23.3%
Infineon Technologies IFX.DE$66.8B-33%+6%13%4.2×30.2%

How Jiangsu X-chip Semiconductor Tech compares with its peers

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.

Jiangsu X-chip Semiconductor Tech against its 20 peers (data as of 6 Nov 2026)
Measure301707.SZPeer medianRank in peer set
1-month return-18.3%-25.3%7th highest of 21
Distance from 52-week high-57.6%-53.9%7th lowest of 21
Revenue growth (TTM)+54.9%+21.0%6th highest of 21
Operating margin41.2%3.8%highest of 20
EV / Sales33.4×5.2×2nd most expensive of 21
ROIC minus cost of capital-1.3 pp-7.7 pp6th highest of 19
EV / EBITDA72.2×32.5×most expensive of 7
Net debt / EBITDA-4.4×-1.2×2nd least indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Jiangsu X-chip Semiconductor Tech 301707.SZChina$3.40Bn/a+55%41%33.4×n/an/a
Suzhou Everbright Photonics 688048.SSChina$3.48B-63%+88%-1%29.4×n/an/a
Jiangsu JieJie Microelectronics 300623.SZChina$3.31B-9%+34%17%5.0×17.9%+28.2%
JA Solar Technology 002459.SZChina$3.50B-35%-23%n/a1.5×-20.3%+13.7%
Shenyang Fortune Precision Equipment 688409.SSChina$3.28B-2%+34%4%5.4×n/an/a
Hangzhou Lion Electronics 605358.SSChina$3.55B-25%+24%-1%6.7×n/an/a
Diodes DIODUnited States$3.56B-31%+18%5%2.0×34.0%+3.8%
Suzhou Novosense Microlectronics 2676.HKHong Kong$3.57B-28%+86%-2%4.5×n/an/a
Suzhou Novosense Microelectronics 688052.SSChina$3.60B-15%+77%-2%4.4×n/an/a
Linktel Technologies 301205.SZChina$3.60B-39%+54%3%14.9×n/an/a
Chipbond Technology 6147.TWOTaiwan$3.20B-20%+18%17%4.2×n/an/a
Nordic Semiconductor NOD.OLNorway$3.62B-12%+15%8%4.1×n/an/a
Airoha Technology 6526.TWTaiwan$3.16B+5%+10%6%4.5×23.8%+16.5%
Shenzhen S.C New Energy Technology 300724.SZChina$3.12B-36%-67%8%1.8×7.6%+30.8%
Rorze 6323.TJapan$3.11B-24%+10%27%3.1×14.3%+20.4%
Xintec 3374.TWOTaiwan$3.08B+88%+17%23%12.1×n/an/a
Soitec SOI.PAFrance$3.79B-38%-34%-6%5.8×25.0%+0.3%
Shanghai Awinic Technology 688798.SSChina$3.04B-9%+2%1%6.7×n/an/a
InnoScience (Suzhou) Technology 2577.HKHong Kong$3.03B-63%+56%-49%14.4×n/an/a
AP Memory Technology 6531.TWTaiwan$2.99B-35%+63%29%11.1×34.1%+9.8%
Loongson Technology 688047.SSChina$3.86B-44%+24%-76%37.5×n/an/a

Questions

Who are Jiangsu X-chip Semiconductor Tech's main competitors?
Named competitors: Analog Devices (ADI), Texas Instruments (TXN), Infineon Technologies (IFX.DE). The cockpit's measured peer set (industry) also includes Suzhou Everbright Photonics (688048.SS), Jiangsu JieJie Microelectronics (300623.SZ), JA Solar Technology (002459.SZ), Shenyang Fortune Precision Equipment (688409.SS), Hangzhou Lion Electronics (605358.SS), Diodes (DIOD).
Is Jiangsu X-chip Semiconductor Tech expensive compared with its peers?
On ev / sales it trades at 33.4× against a peer median of 5.2×, 2nd most expensive of 21 in its peer set.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.