InnoScience (Suzhou) Technology Holding Co Ltd Class H

InnoScience (Suzhou) Technology Holding Co Ltd Class H

HHKEX:2577
31.64
HKD
+0.82
(+2.66%)
60.22BMarket Cap
Mar 26Next Earn
InnoScience (Suzhou) Technology Holding Co Ltd Class H
HKEX:2577
(Hong Kong Exchange)

Recent

price

31.64

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
CNY
0.08
0.15
0.67
1.01
1.38
- -
Revenue per Share
-3.87
-2.51
-1.25
-1.28
-0.95
- -
Basic EPS, GAAP
-1.91
-1.59
-1.05
-0.62
-1.15
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
-4.69
3.37
2.23
3.38
4.6
4.16
Book Value per Share
-5.21
2.92
1.87
3.1
4.42
4.07
Tangible Book Value per Share
879
879
879
819
881
903
Basic Weighted Avg Shares
68
136
593
828
1,213
- -
Sales/Revenue/Turnover
-1,471.95
-900.27
-170.26
-118.89
-65.68
- -
Operating Margin (%)
265
470
534
516
517
- -
Depreciation Expense
-3,399
-2,205
-1,102
-1,046
-841
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-4,983.28
-1,619.6
-185.91
-126.22
-69.28
- -
Profit Margin (%)
1,038
916
185
1,464
3,513
3,088
Working Capital
1,252
1,668
1,576
1,461
1,955
2,043
LT Debt
-4,125
2,960
1,964
2,971
4,211
3,872
Total Equity
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-44.76
-42.38
-23.41
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
419
347
627
LT Borrowings
2,087
1,894
1,987
LT Finance Leases
54
61
55
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
881
915
931
Market Capitalization
29,943
64,466
52,107

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
3,027
4,333
4,392
Cash, Cash Equivalents & STI
1,643
2,651
2,518
Accounts Receivable, Net
497
559
535
Inventories
715
897
1,069
Total Current Liabilities
942
820
1,304
Payables & Accruals
- -
- -
- -
ST Debt
419
347
627
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
41.72%
Free Cash Flow
- -
- -
100.17%
Net Income, GAAP
- -
- -
-19.62%
Sales/Revenue/Turnover
- -
- -
46.45%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
828
2025
- -
- -
1,213
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-1.28
2025
- -
- -
-0.95
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
InnoScience (Suzhou) Technology Holding Co., Ltd. engages in the design, development, and production of gallium nitride on silicon (GaN-on-Si) power semiconductor products, serving global markets across consumer electronics, renewable energy, industrial, automotive electronics, and data center applications; it manufactures GaN wafers, discrete chips, integrated circuits (ICs), and modules, and provides related design and packaging capabilities through an integrated in-house IDM model. The company operates primarily from Suzhou, China, with headquarters in Suzhou and a listed presence in Hong Kong (ticker 2577.HK), reflecting its cross-border investor visibility and access to international capital. InnoScience focuses on the GaN power semiconductor ecosystem, delivering product categories including GaN wafers, GaN discrete devices, GaN ICs, GaN modules, and integrated GaN solutions, and serves markets that demand high-efficiency, compact power conversion for consumer devices, energy storage and renewable systems, automotive electronics, data centers, and industrial power applications. The business model emphasizes end-to-end control of design, fabrication, testing, and sales, enabling rapid iteration, quality assurance, and scale, with an IDM approach aimed at reducing supply chain risk and accelerating time-to-market for GaN-based power solutions. Founding year and corporate roots trace to early development in GaN-on-Si technologies, with continuous expansion of production capacity, product portfolio expansion, and strategic alignment with automotive-grade and autonomous capabilities as part of recent corporate evolution. InnoScience has pursued strategic initiatives including partnerships and collaborations to advance automotive-grade GaN offerings, broaden application coverage into LiDAR and in-vehicle systems, and expand its footprint in high-growth markets for electrification and intelligent manufacturing; it has also pursued funding and equity-related activities to support capacity expansion and product launches in the last 1–2 years. The company’s latest changes include product line expansions for low-voltage GaN chips targeting automotive applications, certification and qualification progress toward automotive-grade products, and ongoing geographic and capacity investments to support mass production timelines; these developments align with broader efforts to scale GaN-based power solutions across multiple end markets and regions. In summary, InnoScience positions itself as an IDM‑driven GaN power semiconductor innovator, delivering a comprehensive suite of GaN-on-Si products and modules, supported by ongoing capacity expansion, automotive-grade qualification efforts, and strategic partnerships to capitalize on the growth in electrification, energy efficiency, and next‑generation power electronics across global markets. [Sources: InnoScience HK listed profile and company descriptions, broad GaN-on-Si product discussions, and Hong Kong exchange disclosures on automotive-grade progress and revenue drivers.]