Nanjing fabless designer of high-reliability analog power chips and 3D-stacked micro-modules for defence, aerospace and state-group electronics customers.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | n/a | CN¥639M | CN¥413M | CN¥466M |
| Revenue growth | — | +55% | -11% | — |
| Gross profit | n/a | CN¥501M | CN¥294M | CN¥371M |
| EBITDA | n/a | CN¥296M | CN¥147M | CN¥218M |
| Net income | n/a | CN¥228M | CN¥95.4M | CN¥179M |
| Free cash flow | n/a | -CN¥98.2M | CN¥54.9M | -CN¥112M |
| Capital expenditure | n/a | CN¥100M | CN¥41.3M | CN¥54.3M |
| Total debt | CN¥26.3M | CN¥24.0M | CN¥36.0M | CN¥21.9M |
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 |
|---|---|---|---|---|---|---|
| Jiangsu X-chip Semiconductor Tech 301707.SZ | $3.40B | n/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% |
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 | 301707.SZ | Peer median | Rank 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 margin | 41.2% | 3.8% | highest of 20 |
| EV / Sales | 33.4× | 5.2× | 2nd most expensive of 21 |
| ROIC minus cost of capital | -1.3 pp | -7.7 pp | 6th highest of 19 |
| EV / EBITDA | 72.2× | 32.5× | most expensive of 7 |
| Net debt / EBITDA | -4.4× | -1.2× | 2nd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu X-chip Semiconductor Tech 301707.SZ | China | $3.40B | n/a | +55% | 41% | 33.4× | n/a | n/a |
| Suzhou Everbright Photonics 688048.SS | China | $3.48B | -63% | +88% | -1% | 29.4× | n/a | n/a |
| Jiangsu JieJie Microelectronics 300623.SZ | China | $3.31B | -9% | +34% | 17% | 5.0× | 17.9% | +28.2% |
| JA Solar Technology 002459.SZ | China | $3.50B | -35% | -23% | n/a | 1.5× | -20.3% | +13.7% |
| Shenyang Fortune Precision Equipment 688409.SS | China | $3.28B | -2% | +34% | 4% | 5.4× | n/a | n/a |
| Hangzhou Lion Electronics 605358.SS | China | $3.55B | -25% | +24% | -1% | 6.7× | n/a | n/a |
| Diodes DIOD | United States | $3.56B | -31% | +18% | 5% | 2.0× | 34.0% | +3.8% |
| Suzhou Novosense Microlectronics 2676.HK | Hong Kong | $3.57B | -28% | +86% | -2% | 4.5× | n/a | n/a |
| Suzhou Novosense Microelectronics 688052.SS | China | $3.60B | -15% | +77% | -2% | 4.4× | n/a | n/a |
| Linktel Technologies 301205.SZ | China | $3.60B | -39% | +54% | 3% | 14.9× | n/a | n/a |
| Chipbond Technology 6147.TWO | Taiwan | $3.20B | -20% | +18% | 17% | 4.2× | n/a | n/a |
| Nordic Semiconductor NOD.OL | Norway | $3.62B | -12% | +15% | 8% | 4.1× | n/a | n/a |
| Airoha Technology 6526.TW | Taiwan | $3.16B | +5% | +10% | 6% | 4.5× | 23.8% | +16.5% |
| Shenzhen S.C New Energy Technology 300724.SZ | China | $3.12B | -36% | -67% | 8% | 1.8× | 7.6% | +30.8% |
| Rorze 6323.T | Japan | $3.11B | -24% | +10% | 27% | 3.1× | 14.3% | +20.4% |
| Xintec 3374.TWO | Taiwan | $3.08B | +88% | +17% | 23% | 12.1× | n/a | n/a |
| Soitec SOI.PA | France | $3.79B | -38% | -34% | -6% | 5.8× | 25.0% | +0.3% |
| Shanghai Awinic Technology 688798.SS | China | $3.04B | -9% | +2% | 1% | 6.7× | n/a | n/a |
| InnoScience (Suzhou) Technology 2577.HK | Hong Kong | $3.03B | -63% | +56% | -49% | 14.4× | n/a | n/a |
| AP Memory Technology 6531.TW | Taiwan | $2.99B | -35% | +63% | 29% | 11.1× | 34.1% | +9.8% |
| Loongson Technology 688047.SS | China | $3.86B | -44% | +24% | -76% | 37.5× | n/a | n/a |