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Wuxi-based designer of AC-DC power-conversion and power-management chips for chargers, appliances and industrial gear.
Wuxi-based designer of AC-DC power-conversion and power-management chips for chargers, appliances and industrial gear.
Designs its chips and has outside foundries make them (fabless), selling mostly through distributors to appliance, charger and industrial makers, so revenue follows chip volumes in those end products. Once a chip is designed into a customer's product it is usually reused across production runs.
In one line: A niche Chinese power-IC maker.
Moat: narrow (process know-how, customer qualification). Long-standing design-in with domestic appliance and charger makers in a competitive power-IC niche.
Headquarters: Wuxi, China · Founded: 2007 · Employees: 428
Size Wuxi Chipown Micro-electronics (688508.SS) is a China Information Technology company (Semiconductors) with a market value of $1.09B, the 2143rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥54.85 on 6 Nov 2026.
Performance Over six months the shares fell 34.6%, against -28.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue grew 12.1% over the last twelve months (peer median +8.1%); the operating margin is -4.3% (peer median 3.7%).
Valuation It trades at 36.1× forward earnings against a peer median of 37.8× (8th cheapest of 16).
Capital Return on invested capital runs 15.9 points below its cost of capital (14.4% WACC).
Next results Next results expected around 12 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.27B | CN¥1.14B | CN¥964M | CN¥776M | CN¥716M |
| Revenue growth | — | +18% | +24% | +8% | — |
| Gross profit | CN¥451M | CN¥398M | CN¥330M | CN¥272M | CN¥279M |
| EBITDA | n/a | CN¥75.9M | CN¥83.1M | CN¥26.5M | CN¥59.6M |
| Net income | CN¥94.5M | CN¥186M | CN¥111M | CN¥59.5M | CN¥89.8M |
| Free cash flow | -CN¥131M | -CN¥30.3M | CN¥48.9M | -CN¥16.4M | CN¥30.9M |
| Capital expenditure | CN¥53.9M | CN¥75.6M | CN¥34.4M | CN¥34.9M | CN¥39.0M |
| Total debt | CN¥1.15B | CN¥412M | CN¥313M | CN¥192M | CN¥140M |
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 |
|---|---|---|---|---|---|---|
| Wuxi Chipown Micro-electronics 688508.SS | $1.09B | -35% | +12% | -4% | 36.1× | 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% |
| Southchip Semiconductor Technology (Shanghai) 688484.SS | $1.95B | -21% | +9% | -2% | 882.8× | n/a |
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 | 688508.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -24.7% | -14.1% | 6th lowest of 21 |
| 6-month return | -34.6% | -28.2% | 8th lowest of 20 |
| Distance from 52-week high | -48.0% | -55.4% | 9th highest of 21 |
| Revenue growth (TTM) | +12.1% | +8.1% | 8th highest of 21 |
| Operating margin | -4.3% | 3.7% | 6th lowest of 21 |
| Forward P/E | 36.1× | 37.8× | 8th cheapest of 16 |
| ROIC minus cost of capital | -15.9 pp | -4.5 pp | 5th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Wuxi Chipown Micro-electronics 688508.SS | China | $1.09B | -35% | +12% | -4% | 36.1× | n/a | n/a |
| Eastcompeace Technology 002017.SZ | China | $1.08B | -34% | +4% | 10% | n/a | 30.4% | +4.5% |
| Zhuhai Aerospace Microchips Science & Technology 300053.SZ | China | $1.10B | -40% | +10% | -114% | n/a | n/a | n/a |
| Suzhou Good-Ark Electronics 002079.SZ | China | $1.10B | -31% | +12% | 2% | 42.7× | 32.5% | +17.1% |
| Guangdong Fuxin Technology 688662.SS | China | $1.10B | +19% | +15% | 13% | 73.2× | n/a | n/a |
| Focus Lightings Tech 300708.SZ | China | $1.07B | -14% | -38% | 9% | 28.6× | n/a | n/a |
| Semitronix 301095.SZ | China | $1.07B | -35% | +29% | 0% | 59.8× | 58.0% | +42.7% |
| Scientech 3583.TW | Taiwan | $1.07B | -46% | +9% | 14% | 16.0× | 10.4% | +26.0% |
| Wafer Works (Shanghai) 688584.SS | China | $1.11B | -6% | -1% | 7% | 74.8× | n/a | n/a |
| GCS 4991.TWO | Taiwan | $1.06B | -61% | +52% | 20% | 37.8× | 39.2% | +8.2% |
| Guizhou Zhenhua Fengguang Semiconductor 688439.SS | China | $1.05B | -28% | -39% | 4% | 14.9× | 18.6% | +16.1% |
| CCore Technology 688262.SS | China | $1.13B | -43% | +104% | -51% | 372.5× | n/a | n/a |
| Telink Semiconductor (Shanghai) 688591.SS | China | $1.05B | -15% | +7% | 4% | 82.2× | n/a | n/a |
| Sino Wealth Electronic 300327.SZ | China | $1.13B | -18% | +7% | 1% | 25.7× | 58.7% | +4.9% |
| Beijing Jingyuntong Technology 601908.SS | China | $1.05B | -26% | -32% | -49% | n/a | -5.1% | -5.1% |
| Beijing OnMicro Electronics 688790.SS | China | $1.04B | -51% | -10% | -16% | n/a | 41.4% | +26.8% |
| Fujiyama Power Systems UTLSOLAR.NS | India | $1.14B | +23% | +72% | 17% | 18.6× | n/a | n/a |
| Lontium Semiconductor 688486.SS | China | $1.14B | -28% | +19% | 23% | 27.9× | n/a | n/a |
| BASiC Semiconductor 9971.HK | Hong Kong | $1.15B | n/a | +4% | -104% | n/a | n/a | n/a |
| Shanghai Fortune Techgroup 300493.SZ | China | $1.04B | -15% | +3% | 3% | 59.6× | 35.9% | +15.8% |
| Wuxi DK Electronic Materials 300842.SZ | China | $1.03B | -48% | +36% | 4% | 34.2× | n/a | n/a |