Fabless designer of analog chips (power management, LED/haptic drivers, audio amps) for smartphones and consumer electronics.
Fabless designer of analog chips (power management, LED/haptic drivers, audio amps) for smartphones and consumer electronics.
Designs chips and relies on outside foundries, selling to Chinese phone and consumer-electronics makers, so revenue follows these brands' phone launches and the chips they add per phone. Each new phone model is a new set of design wins.
In one line: A small, China-focused Texas Instruments/Monolithic Power for consumer analog chips.
Moat: narrow (process know-how, IP / patents). Established analog IC design house serving major Chinese smartphone brands, but a crowded, price-sensitive market.
Headquarters: Shanghai, China · Founded: 2008 · Employees: 968
Size Shanghai Awinic Technology (688798.SS) is a China Information Technology company (Semiconductors) with a market value of $3.04B, the 847th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥61.25 on 6 Nov 2026.
Performance Over six months the shares fell 9.4%, against -20.2% for the median peer and -16.4% for the China market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +28.8%); the operating margin is 0.8% (peer median 8.6%).
Valuation It trades at 39.5× forward earnings against a peer median of 24.6× (4th most expensive of 18).
Capital Return on invested capital runs 7.8 points below its cost of capital (10.8% WACC).
Next results Next results expected around 9 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.79B | CN¥2.85B | CN¥2.93B | CN¥2.53B | CN¥2.09B |
| Revenue growth | — | -3% | +16% | +21% | — |
| Gross profit | CN¥923M | CN¥946M | CN¥826M | CN¥563M | CN¥749M |
| EBITDA | n/a | CN¥328M | CN¥271M | -CN¥4.25M | -CN¥52.6M |
| Net income | CN¥149M | CN¥317M | CN¥255M | CN¥51.0M | -CN¥53.4M |
| Free cash flow | -CN¥146M | CN¥284M | -CN¥40.5M | CN¥324M | -CN¥743M |
| Capital expenditure | CN¥317M | CN¥175M | CN¥529M | CN¥236M | CN¥409M |
| Total debt | CN¥2.37B | CN¥353M | CN¥586M | CN¥690M | CN¥697M |
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 |
|---|---|---|---|---|---|---|
| Shanghai Awinic Technology 688798.SS | $3.04B | -9% | +2% | 1% | 39.5× | n/a |
| Texas Instruments TXN | $253B | -4% | +20% | 41% | 24.6× | 23.3% |
| Monolithic Power Systems MPWR | $58.1B | -26% | +40% | 30% | 28.3× | 39.6% |
| Silergy 6415.TW | $4.58B | -11% | +13% | 12% | 30.5× | n/a |
| SG Micro 300661.SZ | $8.33B | -12% | +46% | 17% | 55.7× | 35.9% |
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 | 688798.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +19.4% | -25.6% | highest of 21 |
| 6-month return | -9.4% | -20.2% | 8th highest of 20 |
| Distance from 52-week high | -28.7% | -54.6% | 2nd highest of 21 |
| Revenue growth (TTM) | +1.9% | +28.8% | 4th lowest of 21 |
| Operating margin | 0.8% | 8.6% | 3rd lowest of 20 |
| Forward P/E | 39.5× | 24.6× | 4th most expensive of 18 |
| ROIC minus cost of capital | -7.8 pp | -2.1 pp | 6th lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanghai Awinic Technology 688798.SS | China | $3.04B | -9% | +2% | 1% | 39.5× | n/a | n/a |
| InnoScience (Suzhou) Technology 2577.HK | Hong Kong | $3.03B | -63% | +56% | -49% | n/a | n/a | n/a |
| Xintec 3374.TWO | Taiwan | $3.08B | +88% | +17% | 23% | 36.2× | n/a | n/a |
| AP Memory Technology 6531.TW | Taiwan | $2.99B | -35% | +63% | 29% | 27.0× | 34.1% | +9.8% |
| Rorze 6323.T | Japan | $3.11B | -24% | +10% | 27% | 12.6× | 14.3% | +20.4% |
| Shenzhen S.C New Energy Technology 300724.SZ | China | $3.12B | -36% | -67% | 8% | 24.2× | 7.6% | +30.8% |
| Airoha Technology 6526.TW | Taiwan | $3.16B | +5% | +10% | 6% | 25.4× | 23.8% | +16.5% |
| Chipbond Technology 6147.TWO | Taiwan | $3.20B | -20% | +18% | 17% | 17.2× | n/a | n/a |
| Shenyang Fortune Precision Equipment 688409.SS | China | $3.28B | -2% | +34% | 4% | 122.8× | n/a | n/a |
| Sino-American Silicon Products 5483.TWO | Taiwan | $2.80B | 0% | -1% | 12% | 15.8× | n/a | n/a |
| Jiangsu JieJie Microelectronics 300623.SZ | China | $3.31B | -9% | +34% | 17% | 24.6× | 17.9% | +28.2% |
| IPG Photonics IPGP | United States | $2.78B | -38% | +15% | 5% | 32.8× | 24.8% | -3.5% |
| Shanghai Bright Power Semiconductor 688368.SS | China | $2.72B | -20% | +90% | 6% | 85.4× | 54.1% | +7.3% |
| Jiangsu X-chip Semiconductor Tech 301707.SZ | China | $3.40B | n/a | +55% | 41% | n/a | n/a | n/a |
| Maxio Technology (Hangzhou) 688449.SS | China | $2.71B | -29% | +40% | 5% | 37.7× | n/a | n/a |
| Simmtech 222800.KS | South Korea | $2.69B | +7% | +42% | 9% | 18.7× | n/a | n/a |
| Topco Scientific 5434.TW | Taiwan | $2.68B | +11% | +21% | 7% | 14.3× | 3.8% | +13.3% |
| Suzhou Everbright Photonics 688048.SS | China | $3.48B | -63% | +88% | -1% | 626.2× | n/a | n/a |
| JA Solar Technology 002459.SZ | China | $3.50B | -35% | -23% | n/a | n/a | -20.3% | +13.7% |
| Leeno Industrial 058470.KS | South Korea | $2.60B | -61% | +24% | 49% | 19.4× | 6.3% | +13.1% |
| Asmedia Technology 5269.TW | Taiwan | $2.60B | -14% | +38% | 25% | 12.5× | 12.3% | +14.0% |