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Shanghai-based designer of Bluetooth Low Energy, Zigbee and other low-power wireless SoC chips for IoT and smart-home devices.
Shanghai-based designer of Bluetooth Low Energy, Zigbee and other low-power wireless SoC chips for IoT and smart-home devices.
Designs the chips but has foundries make them, then sells at low unit prices in high volumes to device makers, bundling its own software and tools so customers can build products quickly. Winning a design at a customer, rather than brand, leads to repeat orders.
In one line: A smaller Chinese Nordic Semiconductor for low-power wireless IoT chips.
Moat: narrow (process know-how, installed base). Established low-power wireless protocol expertise and design wins, but faces broad competition.
Headquarters: Shanghai, China · Founded: 2010 · Employees: 425
Size Telink Semiconductor (Shanghai) (688591.SS) is a China Information Technology company (Semiconductors) with a market value of $1.05B, the 2197th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥29.59 on 6 Nov 2026.
Performance Over six months the shares fell 14.8%, against -29.4% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 7.3% over the last twelve months (peer median +9.5%); the operating margin is 3.6% (peer median 3.9%).
Valuation It trades at 82.2× forward earnings against a peer median of 36.9× (2nd most expensive of 17).
Capital Return on invested capital runs 3.9 points below its cost of capital (11.4% WACC).
Next results Next results expected around 16 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.10B | CN¥1.01B | CN¥839M | CN¥633M | CN¥608M |
| Revenue growth | — | +20% | +33% | +4% | — |
| Gross profit | CN¥555M | CN¥479M | CN¥382M | CN¥255M | CN¥232M |
| EBITDA | n/a | CN¥141M | CN¥79.1M | CN¥29.1M | CN¥41.4M |
| Net income | CN¥115M | CN¥127M | CN¥97.4M | CN¥49.8M | CN¥49.8M |
| Free cash flow | -CN¥63.6M | CN¥163M | CN¥96.5M | CN¥104M | CN¥3.64M |
| Capital expenditure | CN¥102M | CN¥53.7M | CN¥72.2M | CN¥47.3M | CN¥19.5M |
| Total debt | CN¥24.5M | CN¥35.1M | CN¥32.0M | CN¥9.65M | CN¥5.54M |
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 |
|---|---|---|---|---|---|---|
| Telink Semiconductor (Shanghai) 688591.SS | $1.05B | -15% | +7% | 4% | 82.2× | n/a |
| Nordic Semiconductor NOD.OL | $3.62B | -12% | +15% | 8% | 54.6× | n/a |
| Silicon Laboratories SLAB | $7.39B | +2% | +22% | -3% | 60.3× | n/a |
| Espressif Systems (Shanghai) 688018.SS | $5.61B | +30% | +23% | 19% | 48.8× | 36.0% |
| Realtek Semiconductor 2379.TW | $11.0B | +33% | +12% | 11% | 19.9× | 8.4% |
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 | 688591.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.3% | -18.2% | 2nd highest of 21 |
| 6-month return | -14.8% | -29.4% | 5th highest of 21 |
| Distance from 52-week high | -42.4% | -53.7% | 4th highest of 21 |
| Revenue growth (TTM) | +7.3% | +9.5% | 10th lowest of 21 |
| Operating margin | 3.6% | 3.9% | 10th lowest of 21 |
| Forward P/E | 82.2× | 36.9× | 2nd most expensive of 17 |
| ROIC minus cost of capital | -3.9 pp | -3.9 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Telink Semiconductor (Shanghai) 688591.SS | China | $1.05B | -15% | +7% | 4% | 82.2× | n/a | n/a |
| Guizhou Zhenhua Fengguang Semiconductor 688439.SS | China | $1.05B | -28% | -39% | 4% | 14.9× | 18.6% | +16.1% |
| GCS 4991.TWO | Taiwan | $1.06B | -61% | +52% | 20% | 37.8× | 39.2% | +8.2% |
| 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% |
| Scientech 3583.TW | Taiwan | $1.07B | -46% | +9% | 14% | 16.0× | 10.4% | +26.0% |
| Semitronix 301095.SZ | China | $1.07B | -35% | +29% | 0% | 59.8× | 58.0% | +42.7% |
| Focus Lightings Tech 300708.SZ | China | $1.07B | -14% | -38% | 9% | 28.6× | 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 |
| Eastcompeace Technology 002017.SZ | China | $1.08B | -34% | +4% | 10% | n/a | 30.4% | +4.5% |
| Wuxi Chipown Micro-electronics 688508.SS | China | $1.09B | -35% | +12% | -4% | 36.1× | n/a | n/a |
| Hannstar Display 6116.TW | Taiwan | $1.01B | +43% | +4% | -25% | 18.4× | 14.9% | -10.2% |
| 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 |
| ELAN Microelectronics 2458.TW | Taiwan | $996M | -18% | -8% | 21% | 19.1× | -2.8% | -4.0% |
| Wafer Works (Shanghai) 688584.SS | China | $1.11B | -6% | -1% | 7% | 74.8× | n/a | n/a |
| Suzhou Oriental Semiconductor 688261.SS | China | $994M | -27% | +18% | 0% | 38.3× | n/a | n/a |
| Guangdong Leadyo IC Testing 688135.SS | China | $990M | -23% | +28% | 6% | 236.1× | n/a | n/a |
| Koh Young Technology 098460.KS | South Korea | $987M | -49% | +57% | 15% | 25.1× | 20.5% | +5.3% |