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Chinese CPU designer building the state-backed LoongArch processor architecture for government, server and PC use.
Chinese CPU designer building the state-backed LoongArch processor architecture for government, server and PC use.
Sells processors and supporting chips, along with boards and modules built on them, mainly to government-backed buyers and industrial equipment makers that must use domestic technology, so policy-driven procurement largely sets orders. It grew out of the Chinese Academy of Sciences' computing institute, and LoongArch is its own instruction set, replacing earlier reliance on MIPS.
In one line: China's homegrown, state-driven answer to Intel/AMD for sovereign computing.
Moat: narrow (IP / patents, regulatory licence). Owns its own LoongArch ISA and is a favoured supplier under China's tech-self-sufficiency procurement policy.
Headquarters: Beijing, China · Founded: 2010 · Employees: 977
Size Loongson Technology (688047.SS) is a China Information Technology company (Semiconductors) with a market value of $3.86B, the 663rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥92.50 on 6 Nov 2026.
Performance Over six months the shares fell 44.4%, against -28.5% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 20 in its peer set.
Growth Revenue grew 24.1% over the last twelve months (peer median +24.1%); the operating margin is -75.9% (peer median 3.0%).
Valuation It trades at 37.5× enterprise value to sales against a peer median of 5.7× (2nd most expensive of 21).
Capital Return on invested capital runs 28.5 points below its cost of capital (11.3% WACC).
Next results Next results expected around 5 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥679M | CN¥635M | CN¥504M | CN¥505M | CN¥737M |
| Revenue growth | — | +26% | 0% | -32% | — |
| Gross profit | CN¥404M | CN¥254M | CN¥105M | CN¥133M | CN¥310M |
| EBITDA | n/a | -CN¥382M | -CN¥587M | -CN¥399M | -CN¥64.1M |
| Net income | -CN¥474M | -CN¥455M | -CN¥625M | -CN¥329M | CN¥51.8M |
| Free cash flow | -CN¥101M | -CN¥385M | -CN¥385M | -CN¥473M | -CN¥842M |
| Capital expenditure | CN¥46.9M | CN¥47.8M | CN¥71.6M | CN¥111M | CN¥87.3M |
| Total debt | CN¥55.0M | CN¥88.4M | CN¥104M | CN¥148M | CN¥57.0M |
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 |
|---|---|---|---|---|---|---|
| Loongson Technology 688047.SS | $3.86B | -44% | +24% | -76% | 37.5× | n/a |
| Intel INTC | $299B | -55% | +12% | 11% | 5.2× | 46.1% |
| Hygon Information Technology 688041.SS | $66.0B | -36% | +59% | 19% | 22.4× | n/a |
| Advanced Micro Devices AMD | $733B | -1% | +42% | 18% | 16.0× | 60.9% |
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 | 688047.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.8% | -21.4% | 6th highest of 21 |
| 6-month return | -44.4% | -28.5% | 5th lowest of 20 |
| Distance from 52-week high | -54.4% | -54.3% | 11th highest of 21 |
| Revenue growth (TTM) | +24.1% | +24.1% | 11th highest of 21 |
| Operating margin | -75.9% | 3.0% | lowest of 20 |
| EV / Sales | 37.5× | 5.7× | 2nd most expensive of 21 |
| ROIC minus cost of capital | -28.5 pp | -8.0 pp | lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Loongson Technology 688047.SS | China | $3.86B | -44% | +24% | -76% | 37.5× | n/a | n/a |
| Trina Solar 688599.SS | China | $3.90B | -36% | -3% | -9% | 0.9× | -4.3% | +17.9% |
| Soitec SOI.PA | France | $3.79B | -38% | -34% | -6% | 5.8× | 25.0% | +0.3% |
| Allwinner Technology 300458.SZ | China | $4.02B | -25% | +26% | 15% | 7.5× | n/a | n/a |
| Chengdu Ultra Pure Applied Materials 301717.SZ | China | $4.03B | n/a | +93% | 42% | 50.3× | n/a | n/a |
| Jiangsu Leadmicro Nano Technology 688147.SS | China | $4.06B | -26% | -5% | 3% | 10.0× | n/a | n/a |
| Nordic Semiconductor NOD.OL | Norway | $3.62B | -12% | +15% | 8% | 4.1× | n/a | n/a |
| Linktel Technologies 301205.SZ | China | $3.60B | -39% | +54% | 3% | 14.9× | n/a | n/a |
| Suzhou Novosense Microelectronics 688052.SS | China | $3.60B | -15% | +77% | -2% | 4.4× | n/a | n/a |
| eMemory Technology 3529.TWO | Taiwan | $4.17B | -58% | +17% | 61% | 30.2× | 32.2% | +16.7% |
| Suzhou Novosense Microlectronics 2676.HK | Hong Kong | $3.57B | -28% | +86% | -2% | 4.5× | n/a | n/a |
| Diodes DIOD | United States | $3.56B | -31% | +18% | 5% | 2.0× | 34.0% | +3.8% |
| Hangzhou Lion Electronics 605358.SS | China | $3.55B | -25% | +24% | -1% | 6.7× | n/a | n/a |
| Shanghai Aiko Solar Energy 600732.SS | China | $4.23B | -13% | +25% | -8% | 2.5× | n/a | n/a |
| Hunan Goke Microelectronics 300672.SZ | China | $4.24B | -27% | +54% | 5% | 9.2× | 46.0% | +19.7% |
| Applied Optoelectronics AAOI | United States | $4.26B | -66% | +62% | -11% | 6.8× | n/a | n/a |
| JA Solar Technology 002459.SZ | China | $3.50B | -35% | -23% | n/a | 1.5× | -20.3% | +13.7% |
| Premier Energies PREMIERENE.NS | India | $4.28B | -13% | +32% | 25% | 4.6× | n/a | n/a |
| Suzhou Everbright Photonics 688048.SS | China | $3.48B | -63% | +88% | -1% | 29.4× | n/a | n/a |
| Hanwha Solutions 009830.KS | South Korea | $4.30B | -49% | +14% | 0% | 0.4× | n/a | n/a |
| Shenzhen Goodix Technology 603160.SS | China | $4.35B | -2% | -7% | 6% | 5.5× | 26.7% | -6.8% |