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Visionox Technology Inc.

Visionox Technology Inc.

002387.SZ
Visionox Technology Inc.CN flagShenzhen Stock Exchange
8.13
CNY
+0.02
- -
11.36BMarket Cap
Visionox Technology Inc.
002387.SZ
(Shenzhen Stock Exchange)

Recent

price

8.13

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
1.5
1.83
1.66
1.59
1.24
0.92
0.34
0.07
1.46
1.97
2.51
4.54
5.47
4.32
5.72
5.83
5.81
Revenue per Share
0.19
0.22
0.12
0.03
0.03
-1.37
0.06
0.03
0.03
0.05
0.15
-1.11
-1.51
-2.71
-1.81
-1.71
-1.71
Basic EPS, GAAP
-0.18
-0.54
-0.52
-0.46
-1.56
0.05
-1.96
-8.03
-10.54
-1.67
-1.21
0.8
1.24
0.51
-0.43
1.33
-0.56
Free Cash Flow per Basic Share
0.01
0.03
0.05
0.03
0.05
0.07
0.04
0.52
0.74
0.56
0.56
0.58
0.62
0.7
0.67
0.58
0.59
Dividend per Share
0.81
1.16
1.4
1.48
1.39
0.35
0.41
0.44
0.93
0.88
1.03
-0.07
-1.58
-4.28
-6.05
-7.71
-6.76
Book Value per Share
2.68
2.64
2.69
2.65
2.05
1.01
-0.2
-0.25
13.61
12.2
12.48
11.35
9.55
6.38
3.96
2.6
3.06
Tangible Book Value per Share
427
467
461
437
469
469
469
469
1,220
1,368
1,368
1,368
1,368
1,373
1,386
1,397
1,396
Basic Weighted Avg Shares
640
857
763
697
583
431
159
32
1,778
2,690
3,434
6,214
7,477
5,926
7,929
8,144
8,117
Sales/Revenue/Turnover
14.49
13.52
8.35
3.59
2.32
-51.95
-34.72
876.69
38.73
17.47
24.38
-21.01
-26.18
-63.18
-30.89
-21.57
-24.79
Operating Margin (%)
18
22
33
42
48
62
25
23
484
696
770
1,617
2,332
2,397
2,407
2,278
- -
Depreciation Expense
81
103
55
15
12
-642
26
15
35
64
204
-1,520
-2,066
-3,726
-2,505
-2,389
-2,391
Net Income, GAAP
24.14
24.9
24.73
36.35
16.85
- -
0.69
72.39
- -
30.08
11.35
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
12.67
12
7.25
2.09
2.11
-149.03
16.45
48.32
1.95
2.38
5.93
-24.47
-27.64
-62.88
-31.6
-29.33
-29.45
Profit Margin (%)
902
726
541
554
133
213
-180
-6,813
2,887
-2,946
-5,030
-5,465
-7,371
-10,201
-9,402
-14,387
-11,361
Working Capital
- -
- -
- -
267
326
269
152
300
4,111
3,219
2,624
2,739
2,608
5,165
6,915
8,908
5,599
LT Debt
1,226
1,316
1,363
1,363
1,372
727
753
769
19,149
19,212
19,483
17,723
15,205
10,818
7,743
6,982
6,485
Total Equity
8.52
6.79
3.43
1.03
0.64
- -
-5.58
3.55
- -
1.29
2.8
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
23.47
23.19
8.77
2.9
2.82
- -
9.88
5.15
- -
4.75
6.14
- -
- -
- -
- -
- -
- -
Return on Capital (%)
27.86
23.19
9.34
2.26
1.89
-156.68
14.67
7.69
5.14
5.46
15.59
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
10,523
11,353
13,184
LT Borrowings
6,716
6,991
5,411
LT Finance Leases
199
192
187
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,397
1,397
1,397
Market Capitalization
14,238
13,322
13,532

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
10,640
11,401
12,120
Cash, Cash Equivalents & STI
5,903
7,012
6,743
Accounts Receivable, Net
2,837
2,361
3,381
Inventories
635
829
773
Total Current Liabilities
20,042
20,582
23,480
Payables & Accruals
- -
- -
- -
ST Debt
10,523
11,353
13,184
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
230.79%
-18.07%
-9.84%
Free Cash Flow
-421.49%
-153.04%
-412%
Net Income, GAAP
-48.49%
-153.62%
-4.65%
Sales/Revenue/Turnover
555.73%
23.41%
2.72%
Total Cash Common Dividend
158.23%
1.68%
-12.74%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,797
2,136
1,914
2,082
7,929
2025
1,815
2,306
2,093
- -
8,144
2026
1,872
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
- -
- -
- -
-1.81
2025
-0.38
- -
- -
- -
-1.71
2026
-0.45
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
- -
- -
- -
0.67
2025
0.17
- -
- -
- -
0.58
2026
0.16
- -
- -
- -
- -
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Business
Visionox Technology Inc. specializes in the research, development, production, and sales of organic light-emitting diode (OLED) display products, including active-matrix OLED (AMOLED) displays and flexible AMOLED displays. Its main product portfolio covers rigid and flexible OLED panels used in smartphones, wearable devices, automotive displays, laptops, and extended reality (XR) applications. The company operates multiple production lines, including Gen-5.5 rigid and Gen-6 flexible AMOLED lines located in Kunshan, Hefei, Hebei, and Guangzhou, China. Visionox also produces advanced AMOLED technology with its proprietary ViP maskless OLED production process, enabling higher brightness, longevity, and performance in applications such as smart cockpits, 4K automotive displays, and touch panel interfaces. Founded in 2001 and headquartered in Kunshan, Jiangsu Province, China, Visionox has spun off its OLED lighting business into Yeolight Technology and its microLED business into Vistar. Recent significant company developments include the launch of an 8.6-Gen AMOLED production line in Hefei with a $7.6 billion investment targeting IT applications, the mass production of the world's first 14.2-inch automotive sliding rollable AMOLED screen for high-end sedans, and the development of the world’s first AMOLED display driver chip integrating embedded RRAM storage technology in collaboration with Shengxian Microelectronics and Ruikewei Electronics. Visionox has also established a major strategic partnership with Hefei State-Owned Assets, raising 2.9 billion RMB through private placement and enabling the Shushan District People's Government of Hefei City to become the company's actual controller, supporting working capital improvement and debt repayment. Furthermore, the company is investing approximately $775 million to build a global new display industry innovation center in Kunshan focused on flexible AMOLED technologies, new materials, extended reality, X-ray applications, and semiconductor technology incubation. Visionox pursues market expansion with products targeted at smartphones, automotive, consumer electronics, and healthcare industries, consistently investing around 15% of its revenue in R&D to maintain technological leadership and deliver over 100 unique OLED display models with high quality and customer satisfaction levels.