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Shanghai-based designer of fast-charging and power-management chips for smartphone chargers and laptops.
Shanghai-based designer of fast-charging and power-management chips for smartphone chargers and laptops.
Fabless: it designs chips and pays foundries to make them, then sells the finished parts to charger and device makers, so earnings follow unit volumes and per-chip pricing. Fast-charging standards in phones and laptops drive demand, and battery-management chips add a second line.
In one line: A niche Chinese fast-charging/power-IC maker.
Moat: narrow (process know-how). Protocol-compatibility expertise in a crowded, price-competitive charging-IC niche.
Headquarters: Shanghai, China · Founded: 2015 · Employees: 1,233
Size Southchip Semiconductor Technology (Shanghai) (688484.SS) is a China Information Technology company (Semiconductors) with a market value of $1.95B, the 1292nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥30.45 on 6 Nov 2026.
Performance Over six months the shares fell 20.7%, against -30.4% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 9.4% over the last twelve months (peer median +18.2%); the operating margin is -1.8% (peer median 9.9%).
Valuation It trades at 882.8× forward earnings against a peer median of 25.4× (most expensive of 17).
Capital Return on invested capital runs 10.5 points below its cost of capital (10.9% WACC).
Next results Next results expected around 5 May 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥3.34B | CN¥3.26B | CN¥2.56B | CN¥1.77B | CN¥1.30B |
| Revenue growth | — | +27% | +44% | +36% | — |
| Gross profit | CN¥1.25B | CN¥1.18B | CN¥987M | CN¥718M | n/a |
| EBITDA | n/a | CN¥243M | CN¥266M | CN¥245M | n/a |
| Net income | -CN¥41.5M | CN¥239M | CN¥307M | CN¥261M | CN¥246M |
| Free cash flow | -CN¥753M | -CN¥302M | CN¥358M | -CN¥97.3M | n/a |
| Capital expenditure | CN¥635M | CN¥244M | CN¥88.7M | CN¥305M | n/a |
| Total debt | CN¥1.95B | CN¥448M | CN¥313M | CN¥444M | CN¥0 |
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 |
|---|---|---|---|---|---|---|
| Southchip Semiconductor Technology (Shanghai) 688484.SS | $1.95B | -21% | +9% | -2% | 882.8× | n/a |
| Shenzhen Injoinic Technology 688209.SS | $1.64B | +5% | +13% | 11% | n/a | n/a |
| Silergy 6415.TW | $4.58B | -11% | +13% | 12% | 30.5× | n/a |
| Texas Instruments TXN | $253B | -4% | +20% | 41% | 24.6× | 23.3% |
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 | 688484.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.8% | -25.6% | highest of 21 |
| 6-month return | -20.7% | -30.4% | 8th highest of 21 |
| Distance from 52-week high | -47.2% | -51.5% | 9th highest of 21 |
| Revenue growth (TTM) | +9.4% | +18.2% | 9th lowest of 21 |
| Operating margin | -1.8% | 9.9% | 8th lowest of 21 |
| Forward P/E | 882.8× | 25.4× | most expensive of 17 |
| ROIC minus cost of capital | -10.5 pp | -4.9 pp | 6th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Southchip Semiconductor Technology (Shanghai) 688484.SS | China | $1.95B | -21% | +9% | -2% | 882.8× | n/a | n/a |
| HPSP 403870.KS | South Korea | $1.95B | -37% | -20% | 53% | 22.1× | 15.6% | +23.1% |
| Chengdu Sino-Microelectronics Tech 688709.SS | China | $1.90B | -47% | -15% | -19% | 29.9× | n/a | n/a |
| Psk 031980.KS | South Korea | $1.89B | -4% | +7% | 36% | 19.2× | 19.3% | +39.2% |
| Siltronic WAF.DE | Germany | $1.86B | -46% | +1% | -16% | n/a | n/a | n/a |
| Emmvee Photovoltaic Power EMMVEE.NS | India | $1.84B | -5% | +116% | 29% | 11.4× | n/a | n/a |
| Ferrotec 6890.T | Japan | $2.08B | -19% | +43% | 12% | 8.3× | n/a | n/a |
| ISC 095340.KS | South Korea | $1.82B | -50% | +61% | 30% | 29.8× | 10.5% | +12.6% |
| Cohu COHU | United States | $1.82B | -22% | +34% | -2% | 19.3× | 21.5% | -6.6% |
| China Wafer Level CSP 603005.SS | China | $2.10B | -31% | +7% | 23% | 28.7× | 28.3% | +6.2% |
| Beijing BDStar Navigation 002151.SZ | China | $2.10B | -36% | +35% | -14% | n/a | n/a | n/a |
| Shanghai V-Test Semiconductor Tech 688372.SS | China | $1.82B | -53% | +53% | 18% | 29.2× | n/a | n/a |
| BOE HC SemiTek 300323.SZ | China | $1.81B | -38% | +23% | -8% | 53.6× | n/a | n/a |
| Micronics Japan 6871.T | Japan | $2.11B | -33% | +38% | 28% | 14.1× | n/a | n/a |
| Elmos Semiconductor ELG.DE | Germany | $2.13B | -36% | +9% | 20% | 16.2× | 12.9% | +20.2% |
| Shanghai Belling Corp.,Ltd 600171.SS | China | $2.14B | -30% | +11% | 4% | n/a | 39.4% | +19.1% |
| Elite Semiconductor Microelectronics Technology 3006.TW | Taiwan | $1.79B | +14% | +273% | 49% | 1.6× | n/a | n/a |
| ams-OSRAM AMS.SW | Switzerland | $1.78B | -16% | -3% | 8% | n/a | n/a | n/a |
| Union Semiconductor (Hefei) 688403.SS | China | $2.15B | -14% | +13% | 3% | 56.1× | n/a | n/a |
| Guangdong Tianyu Semiconductor 2658.HK | Hong Kong | $2.17B | -3% | +52% | -30% | 59.4× | n/a | n/a |
| Shanghai New Vision Microelectronics 688593.SS | China | $1.76B | -22% | +7% | -4% | 643.2× | n/a | n/a |