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Maker of computer-vision and imaging software licensed to smartphone and camera makers for photo/video processing.
Maker of computer-vision and imaging software licensed to smartphone and camera makers for photo/video processing.
Paid by phone and camera makers for licences to its imaging software, either per project or as a charge tied to the number of devices shipped, so income follows which brands pick its features for new models and how many units those models sell.
In one line: A licensed imaging-software supplier to smartphone OEMs.
Moat: narrow (IP / patents, process know-how). Decades of imaging-algorithm IP licensed into many smartphone camera pipelines.
Headquarters: Fremont, US / Hangzhou, China · Founded: 1994 · Employees: 1,003
Size ArcSoft (688088.SS) is a China Information Technology company (Packaged Software) with a market value of $1.87B, the 1341st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥31.43 on 6 Nov 2026.
Performance Over six months the shares fell 26.2%, against -12.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 9.7% over the last twelve months (peer median +11.7%); the operating margin is 11.8% (peer median 2.6%).
Valuation It trades at 49.1× forward earnings against a peer median of 42.0× (8th most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 41% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +35 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.6 points above its cost of capital (10.1% WACC).
Next results Next results expected around 29 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥944M | CN¥916M | CN¥810M | CN¥666M | CN¥529M |
| Revenue growth | — | +13% | +22% | +26% | — |
| Gross profit | CN¥853M | CN¥784M | CN¥698M | CN¥570M | CN¥446M |
| EBITDA | n/a | CN¥195M | CN¥140M | CN¥57.7M | CN¥35.6M |
| Net income | CN¥212M | CN¥258M | CN¥177M | CN¥88.5M | CN¥57.8M |
| Free cash flow | CN¥168M | CN¥220M | -CN¥9.85M | CN¥185M | -CN¥50.4M |
| Capital expenditure | CN¥22.4M | CN¥18.9M | CN¥42.0M | CN¥78.2M | CN¥127M |
| Total debt | CN¥9.52M | CN¥14.6M | CN¥14.8M | CN¥19.4M | CN¥29.0M |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| ArcSoft 688088.SS | $1.87B | -26% | +10% | 12% | 49.1× | 41.3% |
| Mediatek 2454.TW | $164B | +7% | +6% | 15% | 24.7× | 40.7% |
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 | 688088.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.7% | +2.8% | 4th highest of 21 |
| 6-month return | -26.2% | -12.2% | 8th lowest of 21 |
| Distance from 52-week high | -48.9% | -37.7% | 7th lowest of 21 |
| Revenue growth (TTM) | +9.7% | +11.7% | 10th lowest of 21 |
| Operating margin | 11.8% | 2.6% | 6th highest of 21 |
| Forward P/E | 49.1× | 42.0× | 8th most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 41.3% | 23.0% | 4th most demanding of 14 |
| Growth delivered (Del g) | +6.2% | +16.8% | 4th lowest of 14 |
| Hurdle (Req g minus delivered) | +35.2 pp | +3.3 pp | 2nd most demanding of 14 |
| ROIC minus cost of capital | +2.6 pp | -5.2 pp | 7th highest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ArcSoft 688088.SS | China | $1.87B | -26% | +10% | 12% | 49.1× | 41.3% | +6.2% |
| Shenzhen Intellifusion Technologies 688343.SS | China | $1.87B | -46% | -4% | -52% | n/a | n/a | n/a |
| eToro ETOR | United States | $1.86B | -40% | +10% | 32% | 11.0× | -18.5% | +15.4% |
| Hydsoft Technology 301316.SZ | China | $1.86B | -41% | +19% | 3% | 158.4× | 46.1% | +26.7% |
| Business-Intelligence of Oriental Nations 300166.SZ | China | $1.88B | -27% | +7% | -5% | 94.1× | n/a | n/a |
| SoundHound AI SOUN | United States | $1.85B | -54% | +55% | -96% | n/a | n/a | n/a |
| iFAST AIY.SI | Singapore | $1.89B | -10% | +35% | 24% | 18.6× | -11.6% | +24.8% |
| China TransInfo Technology 002373.SZ | China | $1.89B | -11% | +16% | 1% | 39.7× | 22.0% | -2.7% |
| C3.ai AI | United States | $1.84B | +18% | -38% | -198% | n/a | n/a | n/a |
| Certara CERT | United States | $1.84B | +91% | +1% | 5% | 31.4× | 40.7% | +11.5% |
| Pony AI 2026.HK | Hong Kong | $1.93B | -56% | +67% | -214% | n/a | n/a | n/a |
| Planisware Societe anonyme PLNW.PA | France | $1.94B | +46% | +8% | 31% | 28.2× | 12.3% | +16.8% |
| Karooooo KARO | United States | $1.95B | +25% | +32% | 25% | 24.1× | 10.4% | +17.7% |
| Shadowfax Technologies SHADOWFAX.NS | India | $1.79B | +70% | +69% | 10% | 60.0× | 47.0% | +43.7% |
| Nayax NYAX | United States | $1.78B | -34% | +28% | 5% | 59.1× | 26.9% | +38.7% |
| Ourpalm 300315.SZ | China | $1.96B | -3% | -5% | -65% | 125.6× | 55.8% | -17.0% |
| Progress Software PRGS | United States | $1.78B | +46% | +6% | 19% | 6.7× | 1.8% | +17.2% |
| Aisino 600271.SS | China | $1.96B | -16% | -12% | -24% | 26.2× | n/a | n/a |
| Sinosoft 603927.SS | China | $1.77B | -14% | -24% | 2% | 44.3× | 23.0% | +0.9% |
| iReader Technology 603533.SS | China | $1.98B | +20% | +14% | -2% | 91.2× | 37.2% | +9.5% |
| Pine Labs PINELABS.NS | India | $1.98B | -19% | +50% | 7% | 79.2× | n/a | n/a |