Tianma Microelectronics Co., Ltd.

Tianma Microelectronics Co., Ltd.

000050.SZ
Tianma Microelectronics Co., Ltd.CN flagShenzhen Stock Exchange
8.33
CNY
-0.29
- -
20.29BMarket Cap
Tianma Microelectronics Co., Ltd.
000050.SZ
(Shenzhen Stock Exchange)

Recent

price

8.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.02
8.04
7.55
11.39
10.83
9.3
7.66
14.7
14.37
14.78
13.38
13.75
12.78
13.13
13.63
14.76
14.26
Revenue per Share
0.12
0.18
0.09
0.9
0.71
0.49
0.41
0.67
0.46
0.4
0.67
-0.01
0.05
-0.85
-0.27
0.07
0.01
Basic EPS, GAAP
-1.4
-0.03
0.68
2.64
1
2.48
-1.47
-4.73
-1.06
-2.22
-1.47
-0.43
0.45
-0.18
1.11
1.93
-1.19
Free Cash Flow per Basic Share
0.3
0.32
0.32
0.34
0.36
0.18
0.09
0.39
0.49
0.53
0.58
0.51
0.53
0.46
0.43
0.36
0.38
Dividend per Share
1.03
1.2
1.29
0.12
1.37
1.65
1.67
2.09
2.39
2.67
3.29
1.54
1.5
0.65
0.37
0.43
0.46
Book Value per Share
3.97
4.72
4.97
5.34
8.94
10.62
8.88
13.92
11.71
11.9
14.23
11.42
11.14
10.53
10.64
10.87
10.93
Tangible Book Value per Share
574
574
574
733
861
1,132
1,401
1,620
2,012
2,048
2,185
2,456
2,460
2,458
2,458
2,454
2,459
Basic Weighted Avg Shares
3,454
4,615
4,334
8,352
9,322
10,530
10,737
23,824
28,912
30,282
29,233
33,766
31,447
32,271
33,494
36,227
35,072
Sales/Revenue/Turnover
5.81
2.14
3.42
5.2
4.68
1.03
2.96
11.26
7.63
7.12
9.57
3.58
3.29
-2.07
3.54
4.96
5.39
Operating Margin (%)
315
464
484
978
1,079
1,284
1,084
2,308
3,073
3,134
3,291
3,486
3,536
4,414
5,335
5,241
- -
Depreciation Expense
70
101
54
658
613
555
569
1,091
926
829
1,475
-34
112
-2,098
-669
167
27
Net Income, GAAP
20.72
7.57
8.12
2.75
11.35
8.62
17.88
8.87
3.46
18.58
10.55
- -
34.85
- -
- -
55.97
111.87
Effective Tax Rate (%)
2.04
2.19
1.26
7.87
6.57
5.27
5.3
4.58
3.2
2.74
5.04
-0.1
0.36
-6.5
-2
0.46
0.08
Profit Margin (%)
154
-13
-345
-241
368
5,094
3,984
-2,546
-4,435
-6,012
-2,614
-3,263
815
1,116
-3,146
-7,317
-4,185
Working Capital
2,860
2,469
1,799
1,445
1,106
900
1,290
9,008
11,815
15,403
21,560
22,300
27,236
31,131
25,137
16,812
21,794
LT Debt
2,491
2,919
3,056
4,340
8,561
13,248
13,759
24,486
26,005
26,707
33,568
30,123
30,262
28,994
29,173
29,496
29,783
Total Equity
2.88
1.51
2.19
6.22
4.19
0.75
1.7
8.67
5
3.75
4.56
- -
1.08
- -
- -
1.31
-0.36
Return on Invested Capital (%)
1.84
2.1
2.42
12.43
15.95
15.85
15.74
5.04
5.91
5.4
6.81
- -
1.91
- -
- -
1.62
-0.08
Return on Capital (%)
12.6
15.78
7.6
158.81
96.66
36.32
27.02
38.14
22.61
16.14
23.3
-0.63
2.99
-79.4
-53.44
16.9
2.41
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
9,289
7,745
8,731
LT Borrowings
25,103
24,314
21,764
LT Finance Leases
34
32
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,458
2,458
2,458
Market Capitalization
22,187
20,143
20,954

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
22,596
20,351
20,554
Cash, Cash Equivalents & STI
6,228
5,036
4,710
Accounts Receivable, Net
10,394
9,568
10,569
Inventories
4,058
4,032
4,014
Total Current Liabilities
25,742
23,335
24,740
Payables & Accruals
- -
- -
- -
ST Debt
9,289
7,745
8,731
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.41%
-2.45%
1.11%
Free Cash Flow
-94.36%
-210.87%
72.91%
Net Income, GAAP
-255.18%
-539.66%
-125.03%
Sales/Revenue/Turnover
16.97%
4.64%
8.16%
Total Cash Common Dividend
40.52%
-7.06%
-16.63%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,750
8,147
8,117
9,480
33,494
2025
8,312
9,163
9,564
- -
36,227
2026
7,729
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
- -
- -
- -
-0.27
2025
0.04
- -
- -
- -
0.07
2026
-0.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
- -
- -
- -
0.43
2025
0.11
- -
- -
- -
0.36
2026
0.07
- -
- -
- -
- -
Business
Tianma Microelectronics Co., Ltd. (000050.SZ) designs, manufactures and sells liquid crystal displays, organic light-emitting diode displays and related modules worldwide; its core products encompass small- to medium-sized TFT-LCD panels including LTPS and AMOLED technologies, monochrome displays such as TN/STN, automotive displays for clusters, center information, head-up, mirrors and rear-seat entertainment, industrial and medical displays, smart device displays for smartphones, tablets, wearables and ultrabooks, and emerging solutions in flexible displays, Mini/Micro LED, touch integration and under-display sensors. The company operates primarily in consumer electronics (approximately 60% of revenue), automotive displays (25%) and industrial applications (15%), serving mobile intelligent terminals, professional equipment and emerging markets like home automation, AR/VR and UAVs through production bases in Shenzhen, Shanghai, Wuhan, Xiamen, Chengdu and Japan; it maintains global sales networks targeting medium- to high-end customers in consumer, automotive and industrial sectors. Founded in 1983 and headquartered in Shenzhen, China, Tianma listed on the Shenzhen Stock Exchange in 1995 and employs over 22,000 people across subsidiaries including Shanghai Tianma Microelectronics, Wuhan Tianma and Xiamen Tianma. Recent developments include a $150 million investment announced in May 2025 to establish a display module manufacturing facility in Thailand via Singapore and Thai subsidiaries, enhancing global supply chain efficiency and Southeast Asian market access; mass production commencement in late 2024 at the 8 billion RMB Wuhu, Anhui module production line supporting 6.5- to 40-inch automotive, industrial and IT displays; and core equipment installation for the Xiamen G8.6 novel display panel line in December 2023, alongside photovoltaic projects for green energy at Xiamen LTPS base and quality awards from partners like OPPO.