Wingtech Technology Co.,Ltd

Wingtech Technology Co.,Ltd

600745.SS
Wingtech Technology Co.,LtdCN flagShanghai Stock Exchange
17.92
CNY
+0.37
- -
22.43BMarket Cap
Wingtech Technology Co.,Ltd
600745.SS
(Shanghai Stock Exchange)

Recent

price

17.92

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
1.96
2.07
4.16
7.04
4.8
1.47
22.37
26.71
28.41
58.38
44.1
42.6
46.6
49.23
59.23
25.12
52.5
Revenue per Share
0.34
0.56
0.31
0.16
0.05
-0.3
0.08
0.52
0.1
1.76
2.06
2.11
1.17
0.95
-2.28
-7.03
-2.01
Basic EPS, GAAP
-0.23
-0.93
0.63
0.99
-3.13
-0.77
0.01
1.9
5.07
5.13
3.75
-2.7
-4.25
0.75
1.16
3.11
-2.35
Free Cash Flow per Basic Share
0.1
0.37
0.55
0.57
0.44
0.28
0.11
0.06
0.3
0.57
0.59
0.39
0.36
0.24
0.3
0.14
0.24
Dividend per Share
0.68
1.24
1.56
1.67
2.17
1.52
1.32
1.76
1.91
3.94
4.41
5.92
6.81
7.77
5.48
-1.5
5.85
Book Value per Share
1.82
2.43
2.78
1.94
7.24
6.16
5.7
2.94
2.88
-8.21
1.6
5.1
6.59
6.99
5.24
17.44
5.98
Tangible Book Value per Share
328
326
325
336
338
488
600
633
610
712
1,172
1,238
1,246
1,243
1,243
1,244
1,245
Basic Weighted Avg Shares
643
675
1,353
2,368
1,623
716
13,417
16,916
17,335
41,578
51,707
52,729
58,079
61,213
73,598
31,253
65,350
Sales/Revenue/Turnover
14.19
12.91
11.44
7.36
7.53
-15.82
1.88
2.95
2.25
4.48
6.45
6.31
7.25
6.09
1.89
5.73
2.93
Operating Margin (%)
2
2
5
22
44
53
186
230
283
568
1,481
1,799
2,489
2,765
2,939
1,463
- -
Depreciation Expense
111
183
101
54
17
-146
48
329
61
1,254
2,415
2,612
1,458
1,181
-2,833
-8,748
-2,500
Net Income, GAAP
22.66
13.46
29.87
33.83
51.6
- -
23.78
11.63
- -
6.37
7.24
15.46
35.48
51.19
- -
- -
92.42
Effective Tax Rate (%)
17.33
27.07
7.45
2.27
1.04
-20.46
0.36
1.95
0.35
3.01
4.67
4.95
2.51
1.93
-3.85
-27.99
-3.83
Profit Margin (%)
1,121
559
915
7
1,466
1,531
1,688
344
-1,307
-245
3,329
6,718
3,420
2,099
3,198
1,602
8,537
Working Capital
545
481
1,167
917
775
735
849
- -
48
11,306
8,462
12,091
11,282
8,658
8,809
8,655
8,762
LT Debt
597
794
912
1,914
3,706
5,875
5,107
3,666
3,731
21,422
29,075
34,516
37,358
37,666
34,841
25,344
35,113
Total Equity
6.48
4.64
4.73
3.82
1.33
- -
2.86
7.8
- -
7.92
7.96
6.18
4.99
3.21
- -
- -
- -
Return on Invested Capital (%)
13.47
12.38
4.66
1.62
0.31
- -
-2.15
16.84
- -
14.78
17.28
16.06
7.64
6.17
- -
- -
-6.88
Return on Capital (%)
66.44
58.04
22.06
10.08
2.61
-19.86
6.27
34.59
5.35
63.12
60.5
41.77
18.45
13.02
-34.4
- -
-29.29
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
9,923
5,895
660
LT Borrowings
8,470
8,549
8,460
LT Finance Leases
339
283
302
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,245
1,245
1,245
Market Capitalization
46,343
40,556
41,738

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
30,944
28,058
27,130
Cash, Cash Equivalents & STI
9,597
10,714
3,916
Accounts Receivable, Net
11,138
8,493
2,576
Inventories
8,641
6,724
4,557
Total Current Liabilities
27,746
23,238
18,593
Payables & Accruals
- -
- -
- -
ST Debt
9,923
5,895
660
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
46.34%
-1.4%
-27.26%
Free Cash Flow
2,377.41%
-2.34%
169.09%
Net Income, GAAP
223.32%
-37.22%
208.77%
Sales/Revenue/Turnover
194.68%
-3.96%
-57.54%
Total Cash Common Dividend
34.81%
-20.22%
-54.76%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,247
17,342
19,571
20,437
73,598
2025
13,099
12,242
1,484
- -
31,253
2026
816
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
- -
- -
- -
-2.28
2025
0.21
- -
- -
- -
-7.03
2026
-0.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.3
2025
0.01
- -
- -
- -
0.14
2026
- -
- -
- -
- -
- -
Business
Wingtech Technology Co., Ltd (600745.SS) is a China-based integrated device manufacturer principally engaged in the research, development, design, and manufacturing of semiconductors, electronic components, and smart terminal products across consumer, industrial, and automotive sectors. The company offers power semiconductors including small-signal diodes and power MOSFETs; new electronic components; optical and AIoT modules; intelligent terminals such as mobile phones, tablets, notebook computers, servers, automotive electronics, IoT devices, and home appliances; as well as related services encompassing ID design, structural engineering, hardware and software development, supply chain management, and technology R&D in mobile communications and materials. Founded in 1993 and headquartered in Jiaxing, Zhejiang Province, Wingtech operates globally with multiple R&D centers, fabrication plants, and assembly facilities, serving major clients in Asia and international markets while also maintaining a real estate business. In a major strategic shift, Wingtech sold its consumer electronics system integration and ODM business to Luxshare Precision Industry Co., Ltd. for 4.389 billion yuan in June 2025, following regulatory approval, to refocus resources on its high-growth semiconductor operations amid geopolitical pressures including its addition to the US Entity List in December 2024. This transaction optimizes Wingtech's asset structure, alleviates debt pressures from elevated short-term borrowings, and bolsters its leadership in power semiconductors, with the semiconductor segment achieving robust revenue growth to 10.9 billion yuan in Q3 2024 at a 37% gross margin. The company continues to expand semiconductor capabilities worldwide, earning accolades such as the 2025 Enghua Award for A-share overseas demonstration and ranking among China's top semiconductor power device firms.