Who are BASiC Semiconductor's main competitors?

Named competitors: Wolfspeed (WOLF), STMicroelectronics (STM), Sanan Optoelectronics (600703.SS). The cockpit's measured peer set (industry) also includes Lontium Semiconductor (688486.SS), Axera Semiconductor (0600.HK), Fujiyama Power Systems (UTLSOLAR.NS), Sino Wealth Electronic (300327.SZ), CCore Technology (688262.SS), Epiworld International (2726.HK).

Is BASiC Semiconductor expensive compared with its peers?

On ev / sales it trades at 27.7× against a peer median of 4.7×, 2nd most expensive of 21 in its peer set.

← CockpitCompetitor Analysis › 9971.HK BASiC Semiconductor Co., Ltd. Class HOpen in the cockpit ↗

BASiC Semiconductor Co., Ltd. Class H9971.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Information Technology›Semiconductors

Chinese maker of silicon-carbide (SiC) power semiconductors used in electric vehicles, solar inverters and industrial power systems.

≈ A Chinese Wolfspeed-style SiC power-chip maker

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.15B

US dollars, full cap

Free float

53%

of shares outstanding

$/day

$428,662

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-151.2 pp

WACC 13.0%

Hurdle

n/a

no reverse DCF

Close · HKDHK$29.54

1D-6.3%

1W-8.7%

1M-26.5%

3M-48.2%

6Mn/a

YTDn/a

1Yn/a

ATR %8.8%

52w lowhigh59.8% off high

What BASiC Semiconductor does

Chinese maker of silicon-carbide (SiC) power semiconductors used in electric vehicles, solar inverters and industrial power systems.

In one line: A Chinese Wolfspeed-style SiC power-chip maker.

Products and services

SiC MOSFETs/diodes
SiC wafers/substrates
Power modules

Customers

EV/automotive power-electronics makers
Solar inverter makers
Industrial power-supply makers

Where it sits in the supply chain

Semiconductors
Power semiconductors
Silicon carbide (SiC) devices

What could go right

EV and renewable-energy SiC adoption growth

What could go wrong

Capital-intensive fab expansion
SiC pricing competition from larger rivals

Moat: narrow (process know-how, scale). SiC crystal-growth and device-fabrication know-how are difficult and capital-intensive to replicate.

Headquarters: Shanghai, China · Founded: 2015 · Employees: 526

Named competitors

Wolfspeed WOLF
STMicroelectronics STM
Sanan Optoelectronics 600703.SS

BASiC Semiconductor at a glance

Size BASiC Semiconductor (9971.HK) is a Hong Kong Information Technology company (Semiconductors) with a market value of $1.15B, the 567th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$29.54 on 6 Nov 2026.

Growth Revenue grew 4.1% over the last twelve months (peer median +11.9%); the operating margin is -103.9% (peer median 2.4%).

Valuation It trades at 27.7× enterprise value to sales against a peer median of 4.7× (2nd most expensive of 21).

Capital Return on invested capital runs 151.2 points below its cost of capital (13.0% WACC).

BASiC Semiconductor financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	n/a	HK$337M	HK$324M	HK$244M	HK$136M
Revenue growth	—	+4%	+33%	+79%	—
Gross profit	n/a	-HK$68.0M	-HK$61.3M	-HK$175M	-HK$82.4M
EBITDA	n/a	-HK$270M	-HK$211M	-HK$324M	-HK$258M
Net income	n/a	-HK$364M	-HK$257M	-HK$378M	-HK$281M
Free cash flow	n/a	-HK$252M	-HK$76.8M	-HK$378M	-HK$592M
Capital expenditure	n/a	HK$122M	HK$39.7M	HK$161M	HK$313M
Total debt	n/a	HK$655M	HK$387M	HK$331M	HK$241M

Quarterly statements and history in the cockpit →

BASiC Semiconductor competitor charts

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.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. BASiC Semiconductor is the large dot.

BASiC Semiconductor competitors and peer comparison

Head to head with its named competitors (9971.HK vs WOLF vs STM vs 600703.SS)
Company	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g
BASiC Semiconductor 9971.HK	$1.15B	n/a	+4%	-104%	27.7×	n/a
WOLF WOLF	$1.26B	-49%	-12%	-67%	3.0×	n/a
STM STM	$41.0B	-29%	+16%	7%	2.9×	38.6%
Sanan Optoelectronics 600703.SS	$6.87B	-33%	-22%	-7%	3.6×	n/a

How BASiC Semiconductor compares with its peers

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.

BASiC Semiconductor against its 20 peers (data as of 6 Nov 2026)
Measure	9971.HK	Peer median	Rank in peer set
1-month return	-26.5%	-17.4%	6th lowest of 21
Distance from 52-week high	-59.8%	-56.1%	5th lowest of 21
Revenue growth (TTM)	+4.1%	+11.9%	5th lowest of 21
Operating margin	-103.9%	2.4%	3rd lowest of 21
EV / Sales	27.7×	4.7×	2nd most expensive of 21
ROIC minus cost of capital	-151.2 pp	-8.2 pp	lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
BASiC Semiconductor 9971.HK	Hong Kong	$1.15B	n/a	+4%	-104%	27.7×	n/a	n/a
Lontium Semiconductor 688486.SS	China	$1.14B	-28%	+19%	23%	10.6×	n/a	n/a
Axera Semiconductor 0600.HK	Hong Kong	$1.15B	-34%	+19%	-135%	14.3×	n/a	n/a
Fujiyama Power Systems UTLSOLAR.NS	India	$1.14B	+23%	+72%	17%	3.2×	n/a	n/a
Sino Wealth Electronic 300327.SZ	China	$1.13B	-18%	+7%	1%	5.0×	58.7%	+4.9%
CCore Technology 688262.SS	China	$1.13B	-43%	+104%	-51%	9.3×	n/a	n/a
Epiworld International 2726.HK	Hong Kong	$1.17B	-34%	-21%	-11%	8.0×	42.8%	+17.4%
Wafer Works (Shanghai) 688584.SS	China	$1.11B	-6%	-1%	7%	6.1×	n/a	n/a
Hana Micron 067310.KS	South Korea	$1.18B	-39%	+54%	14%	1.4×	0.4%	+23.3%
Guangdong Fuxin Technology 688662.SS	China	$1.10B	+19%	+15%	13%	11.8×	n/a	n/a
Suzhou Good-Ark Electronics 002079.SZ	China	$1.10B	-31%	+12%	2%	1.3×	32.5%	+17.1%
Zhuhai Aerospace Microchips Science & Technology 300053.SZ	China	$1.10B	-40%	+10%	-114%	32.1×	n/a	n/a
Wuxi Chipown Micro-electronics 688508.SS	China	$1.09B	-35%	+12%	-4%	4.4×	n/a	n/a
Jilin Sino-Microelectronics 600360.SS	China	$1.21B	-15%	+11%	3%	3.5×	n/a	n/a
Eastcompeace Technology 002017.SZ	China	$1.08B	-34%	+4%	10%	4.1×	30.4%	+4.5%
Nuvoton Technology 4919.TW	Taiwan	$1.22B	-46%	0%	-5%	1.2×	n/a	n/a
FADU 440110.KS	South Korea	$1.23B	-58%	+137%	-9%	9.1×	43.1%	+156.1%
Focus Lightings Tech 300708.SZ	China	$1.07B	-14%	-38%	9%	3.8×	n/a	n/a
Semitronix 301095.SZ	China	$1.07B	-35%	+29%	0%	7.0×	58.0%	+42.7%
Scientech 3583.TW	Taiwan	$1.07B	-46%	+9%	14%	2.4×	10.4%	+26.0%
Supreme Electronics 8112.TW	Taiwan	$1.24B	-13%	+80%	3%	0.4×	n/a	n/a

Questions

Who are BASiC Semiconductor's main competitors?: Named competitors: Wolfspeed (WOLF), STMicroelectronics (STM), Sanan Optoelectronics (600703.SS). The cockpit's measured peer set (industry) also includes Lontium Semiconductor (688486.SS), Axera Semiconductor (0600.HK), Fujiyama Power Systems (UTLSOLAR.NS), Sino Wealth Electronic (300327.SZ), CCore Technology (688262.SS), Epiworld International (2726.HK).
Is BASiC Semiconductor expensive compared with its peers?: On ev / sales it trades at 27.7× against a peer median of 4.7×, 2nd most expensive of 21 in its peer set.