Solomon Systech (International) Ltd.

Solomon Systech (International) Ltd.

0.03
EUR
-0.01
(-20.83%)
86.17MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.02
0.02
0.03
0.03
0.03
0.04
0.04
0.05
0.07
0.08
0.06
0.05
0.04
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
-0.01
-0.01
- -
0.01
0.01
0.01
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
-0.01
-0.01
-0.01
-0.01
- -
0.01
- -
0.01
0.01
0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.05
0.05
0.04
0.04
0.04
0.03
0.02
0.03
0.03
0.04
0.05
0.05
0.06
0.06
Tangible Book Value per Share
0.05
0.05
0.04
0.03
0.03
0.03
0.02
0.03
0.03
0.04
0.05
0.05
0.06
0.06
Basic Weighted Avg Shares
2,457
2,462
2,469
2,477
2,478
2,480
2,480
2,480
2,488
2,494
2,495
2,496
2,498
2,498
Sales/Revenue/Turnover
55
60
71
68
82
98
108
121
168
191
153
113
93
- -
Operating Margin (%)
-7.4
-10.67
-10.89
-16.17
-17.59
-16.66
-13.87
8.77
14.04
14.58
10.07
4.45
-1.82
- -
Depreciation Expense
1
1
1
1
5
6
7
3
3
3
3
3
3
- -
Net Income, GAAP
1
-3
-6
-7
-10
-14
-27
12
24
28
19
10
4
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
1.67
0.2
0.3
0.23
- -
3.2
- -
Profit Margin (%)
2.42
-5
-9.08
-10.13
-12.41
-13.94
-25.18
9.66
14.15
14.58
12.7
8.93
4.32
- -
Working Capital
102
100
102
78
64
56
43
56
70
98
119
128
132
132
LT Debt
- -
- -
- -
- -
- -
- -
1
- -
2
1
1
2
1
1
Total Equity
118
115
108
101
92
79
51
63
87
109
127
137
142
142
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
18.87
30.06
27.44
12.83
- -
-1.1
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
20.1
31.05
27.68
16.09
- -
2.94
- -
Return on Common Equity (%)
1.14
-2.58
-5.75
-6.62
-10.65
-16.13
-42.04
20.43
31.67
28.4
16.46
7.67
2.89
- -

Capital Structure

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
1
3
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,498
2,498
2,498
Market Capitalization
144
115
101

Working Capital

USD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
153
165
154
Cash, Cash Equivalents & STI
104
113
104
Accounts Receivable, Net
20
21
23
Inventories
13
24
18
Total Current Liabilities
25
34
22
Payables & Accruals
- -
- -
- -
ST Debt
1
3
1
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.9%
18.07%
3.53%
Free Cash Flow
-144.84%
-90.44%
-121.51%
Net Income, GAAP
2.72%
-3.65%
-60.24%
Sales/Revenue/Turnover
4.71%
-2.26%
-17.79%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
153
2024
- -
- -
113
2025
- -
- -
93

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.01
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Wah Chi Wang
Full Time Employees
317
Sector
Electronic technology
Industry
Semiconductors
Address
Wireless Centre Hong Kong Hong Kong
IPO Date
Apr 8, 2004
Business
Solomon Systech (International) Limited designs, develops and sells proprietary integrated circuit (IC) solutions for display and touch applications as a fabless semiconductor company listed on the Hong Kong Stock Exchange (2878.HK). Founded in 1999 and headquartered in Sha Tin, Hong Kong, the company operates globally across Hong Kong, Mainland China, Taiwan, Europe, Japan, Korea, Southeast Asia and the United States, serving end-markets including smartphones, tablets, TVs, monitors, notebooks, wearables, electronic shelf labels, healthcare devices, smart home products and industrial appliances. Its main products comprise mobile display driver ICs and in-cell touch display driver ICs (TDDI); on-cell and out-cell touch controller ICs; MIPI bridge ICs; display controller ICs; large display driver ICs including source drivers, gate drivers and GIP controllers; OLED display driver ICs; bistable display driver ICs for electronic paper; OLED lighting driver ICs; and custom ICs for digital, analog and mixed-signal applications. The company maintains leadership as the world's largest supplier of passive matrix OLED (PMOLED) display driver ICs by shipment volume and holds a dominant position in electronic paper display ICs, with key business units focused on mainstream display solutions such as TFT display drivers, in-cell TDDI and MIPI bridges, alongside advanced displays including OLED, bistable e-paper and lighting products. In its 2024 annual results announced in March 2025, large display IC revenue surged over 50% year-on-year due to Chinese home appliance subsidies boosting monitor and smart TV demand, while the company supported E Ink's Spectra 3100 platform for four-color electronic shelf labels and launched transparent PMOLED and full-color e-paper notebook ICs; shipment volume reached 293.2 million units amid a 25.9% revenue decline to US$113.4 million. For the 2025 interim results in August 2025, shipment volume rose 22.4% from second-half 2024 to 150.8 million units with a healthy 39.6% gross margin, as the company advanced seven-color e-paper IC prototypes for Q4 2025 mass production, mini-LED backlight solutions for automotive head-up displays in H2 2025, automotive-grade integrated drivers via a 2023 Shenzhen partnership entering production in 2025, P2P high-speed large display IC prototypes in Q2 2025 and extra-large e-paper whiteboards and retail signage ICs.