Loading…
Fabless designer of display driver ICs for small and medium-sized LCD/OLED panels.
Fabless designer of display driver ICs for small and medium-sized LCD/OLED panels.
Moat: narrow (IP / patents, customer qualification). Established driver-IC design wins with small/mid panel makers in a competitive niche.
Headquarters: Hsinchu, Taiwan · Employees: 1,369
Size Sitronix Technology (8016.TW) is a Taiwan Information Technology company (Semiconductors) with a market value of $894M, the 290th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$246.50 on 6 Nov 2026.
Performance Over six months the shares gained 5.1%, against -25.3% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 18.2% over the last twelve months (peer median +13.5%); the operating margin is 12.7% (peer median -1.5%).
Valuation It trades at 15.4× forward earnings against a peer median of 25.1× (2nd cheapest of 8).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -16 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 15.0 points above its cost of capital (7.0% WACC).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$21.6B | NT$19.0B | NT$17.8B | NT$16.7B | NT$18.0B |
| Revenue growth | — | +7% | +7% | -7% | — |
| Gross profit | NT$6.35B | NT$5.34B | NT$5.65B | NT$5.34B | NT$7.94B |
| EBITDA | NT$3.32B | NT$2.69B | NT$2.98B | NT$2.94B | NT$5.13B |
| Net income | NT$2.35B | NT$1.75B | NT$1.85B | NT$1.86B | NT$3.61B |
| Free cash flow | NT$3.93B | NT$2.41B | NT$2.29B | NT$3.87B | NT$918M |
| Capital expenditure | NT$814M | NT$883M | NT$683M | NT$615M | NT$730M |
| Total debt | NT$373M | NT$213M | NT$390M | NT$152M | NT$151M |
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 |
|---|---|---|---|---|---|---|
| Sitronix Technology 8016.TW | $894M | +5% | +18% | 13% | 15.4× | -9.1% |
| Novatek Microelectronics 3034.TW | $9.16B | +18% | +2% | 20% | 14.1× | -4.2% |
| Himax Technologies HIMX | $1.45B | -51% | -8% | 5% | 19.1× | 30.3% |
| Chipsea Technologies Shenzhen 688595.SS | $521M | -30% | +12% | -16% | 45.1× | 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 | 8016.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.0% | -20.2% | 10th highest of 21 |
| 6-month return | +5.1% | -25.3% | 4th highest of 21 |
| Distance from 52-week high | -34.5% | -43.8% | 5th highest of 21 |
| Revenue growth (TTM) | +18.2% | +13.5% | 11th highest of 21 |
| Operating margin | 12.7% | -1.5% | 7th highest of 21 |
| Forward P/E | 15.4× | 25.1× | 2nd cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | -9.1% | 20.1% | least demanding of 11 |
| Growth delivered (Del g) | +6.6% | +5.0% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | -15.7 pp | +12.6 pp | 2nd least demanding of 11 |
| ROIC minus cost of capital | +15.0 pp | -4.6 pp | 4th highest of 20 |
| EV / EBITDA | 6.7× | n/a | — |
| Net debt / EBITDA | -3.5× | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sitronix Technology 8016.TW | Taiwan | $894M | +5% | +18% | 13% | 15.4× | -9.1% | +6.6% |
| Zhejiang Chenfeng Science and Technology 603685.SS | China | $896M | -28% | -14% | 4% | n/a | n/a | n/a |
| Shenzhen Baoming Technology 002992.SZ | China | $887M | -38% | -20% | -1% | n/a | n/a | n/a |
| United Renewable Energy 3576.TW | Taiwan | $876M | +15% | -43% | -62% | n/a | n/a | n/a |
| Arteris AIP | United States | $875M | -44% | +34% | -44% | n/a | 55.4% | +17.3% |
| VIA Technologies 2388.TW | Taiwan | $874M | -35% | -3% | -12% | n/a | 17.9% | +8.0% |
| Parade Technologies 4966.TWO | Taiwan | $915M | -31% | -3% | 14% | 13.2× | 3.8% | +1.6% |
| Netac Technology 300042.SZ | China | $872M | -44% | +103% | 10% | 33.0× | n/a | n/a |
| Episil-Precision 3016.TW | Taiwan | $865M | -10% | +30% | 14% | 35.7× | 40.5% | -0.7% |
| Taiwan Speciality Chemicals 4772.TWO | Taiwan | $862M | -38% | +164% | 40% | 26.2× | 11.0% | +36.7% |
| Ambiq Micro AMBQ | United States | $933M | -13% | +32% | -43% | n/a | n/a | n/a |
| Dioo Microcircuits Co., Ltd. Jiangsu 688381.SS | China | $948M | -15% | -18% | -46% | n/a | n/a | n/a |
| Smarter Microelectronics (Guangzhou) 688512.SS | China | $835M | -11% | +43% | -30% | n/a | n/a | n/a |
| Etron Technology 5351.TWO | Taiwan | $835M | +13% | +246% | 21% | n/a | 3.3% | +2.6% |
| Jiangsu Zongyi 600770.SS | China | $961M | -35% | +64% | -4% | n/a | 43.6% | +4.7% |
| Foshan Electrical and Lighting 000541.SZ | China | $967M | -8% | -3% | -2% | 22.5× | n/a | n/a |
| General Interface Solution (GIS) 6456.TW | Taiwan | $824M | 0% | -19% | -3% | n/a | n/a | n/a |
| Shanghai Prisemi Electronics 688230.SS | China | $970M | -23% | +31% | 19% | n/a | 31.1% | +1.3% |
| Hengbao 002104.SZ | China | $977M | -35% | -17% | -9% | n/a | n/a | n/a |
| Hangzhou Star Shuaier Electric Appliance 002860.SZ | China | $810M | +16% | -14% | 7% | 24.6× | 19.8% | +18.4% |
| Koh Young Technology 098460.KS | South Korea | $987M | -49% | +57% | 15% | 25.1× | 20.5% | +5.3% |