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Semiconductor and electronic-device maker affiliated with state defense conglomerate China Electronics Technology Group (CETC).
Semiconductor and electronic-device maker affiliated with state defense conglomerate China Electronics Technology Group (CETC).
Moat: narrow (parent backing, regulatory licence). CETC affiliation gives access to defense-sector qualification and state semiconductor programs.
Headquarters: Chongqing, China · Employees: 726
Size CETC Chips Technology (600877.SS) is a China Industrials company (Electrical Products) with a market value of $1.87B, the 1336th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥10.54 on 6 Nov 2026.
Performance Over six months the shares fell 35.9%, against -20.9% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue fell 1.7% over the last twelve months (peer median +6.8%); the operating margin is -2.9% (peer median 8.0%).
Valuation It trades at 12.6× enterprise value to sales against a peer median of 2.4× (most expensive of 21).
Capital Return on invested capital runs 9.9 points below its cost of capital (10.6% WACC).
Next results Next results expected around 19 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥944M | CN¥1.02B | CN¥1.04B | CN¥1.52B | CN¥1.56B |
| Revenue growth | — | -2% | -31% | -3% | — |
| Gross profit | CN¥324M | CN¥324M | CN¥301M | CN¥450M | CN¥490M |
| EBITDA | n/a | CN¥76.7M | CN¥80.7M | CN¥260M | CN¥222M |
| Net income | CN¥12.3M | CN¥43.5M | CN¥68.7M | CN¥234M | CN¥223M |
| Free cash flow | -CN¥190M | -CN¥987,980 | -CN¥116M | CN¥36.6M | CN¥75.2M |
| Capital expenditure | CN¥153M | CN¥73.2M | CN¥59.3M | CN¥180M | CN¥15.5M |
| Total debt | CN¥70.5M | CN¥102M | CN¥66.7M | CN¥132M | CN¥279M |
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.
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 | 600877.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.4% | -10.4% | 6th highest of 21 |
| 6-month return | -35.9% | -20.9% | 5th lowest of 20 |
| Distance from 52-week high | -59.3% | -44.8% | 2nd lowest of 21 |
| Revenue growth (TTM) | -1.7% | +6.8% | 5th lowest of 21 |
| Operating margin | -2.9% | 8.0% | 4th lowest of 21 |
| EV / Sales | 12.6× | 2.4× | most expensive of 21 |
| ROIC minus cost of capital | -9.9 pp | -1.8 pp | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| CETC Chips Technology 600877.SS | China | $1.87B | -36% | -2% | -3% | 12.6× | n/a | n/a |
| Hengdian Group Tospo Lighting 603303.SS | China | $1.86B | +44% | +5% | 1% | 2.8× | 35.6% | -0.8% |
| Hangzhou Zhongheng Electric 002364.SZ | China | $1.89B | -40% | +17% | 4% | 5.0× | n/a | n/a |
| Jiangsu Leili Motor 300660.SZ | China | $1.90B | -33% | +16% | 5% | 2.9× | 29.1% | +11.6% |
| Jiangsu Cnano Technology 688116.SS | China | $1.90B | -19% | +8% | 19% | 8.3× | n/a | n/a |
| Simplo Technology 6121.TWO | Taiwan | $1.90B | -6% | +3% | 11% | 0.4× | -20.1% | -0.8% |
| Farasis Energy (Gan Zhou) 688567.SS | China | $1.82B | -29% | -8% | -10% | 1.7× | -0.9% | +52.1% |
| Advanced Energy Solution 6781.TW | Taiwan | $1.82B | -37% | +38% | 24% | 2.7× | 2.6% | +20.5% |
| Guangdong Mingyang Electric 301291.SZ | China | $1.81B | -34% | -17% | 5% | 1.8× | 15.6% | +32.9% |
| Jiangxi Special Electric Motor 002176.SZ | China | $1.96B | -52% | -13% | -13% | 7.3× | 48.7% | +1.2% |
| Pfeiffer Vacuum Technology PFV.DE | Germany | $1.79B | -3% | 0% | 9% | 2.0× | 8.9% | +6.6% |
| Meidensha 6508.T | Japan | $1.96B | -20% | +12% | 10% | 0.9× | 5.1% | +7.1% |
| Wuxi Huaguang Environment & Energy 600475.SS | China | $1.79B | -24% | -8% | 7% | 2.4× | 8.0% | +3.0% |
| TD Power Systems TDPOWERSYS.NS | India | $1.96B | -7% | +54% | 17% | 8.7× | 40.6% | +25.6% |
| Jinlongyu 002882.SZ | China | $1.97B | -21% | -1% | 3% | 3.2× | n/a | n/a |
| Finolex Cables FINCABLES.NS | India | $1.76B | 0% | +27% | 10% | 2.4× | n/a | n/a |
| SMA Solar Technology S92.DE | Germany | $1.99B | -21% | +4% | -7% | 1.1× | -4.2% | +8.1% |
| Xian Sinofuse Electric 301031.SZ | China | $1.99B | -16% | +56% | 21% | 4.9× | n/a | n/a |
| Minmetals New Energy Materials (Hunan) 688779.SS | China | $2.00B | -36% | +146% | 5% | 1.2× | n/a | n/a |
| Dajin Heavy Industry 1081.HK | Hong Kong | $2.03B | n/a | +2% | 19% | 1.4× | n/a | n/a |
| AQ Group AB AQ.ST | Sweden | $2.04B | -5% | +11% | 9% | 2.0× | 12.4% | +13.5% |