Guangdong Leadyo IC Testing Co., Ltd. Class A

Guangdong Leadyo IC Testing Co., Ltd. Class A

SSSE:688135
30.08
CNY
-1.29
(-4.11%)
0.04EPS
1,432.82P/E
9.81BMarket Cap
Oct 29Next Earn
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
0.23
1.29
0.59
0.82
0.92
0.96
1.6
1.64
1.99
2.26
2.55
2.46
3.36
3.39
Basic EPS, GAAP
0.04
0.27
0.16
0.12
0.14
0.11
0.42
0.34
0.54
0.16
0.11
-0.31
-0.05
0.03
Free Cash Flow per Basic Share
-0.02
-0.13
-0.33
-0.44
-0.69
-0.15
0.01
-0.55
-1.45
-0.85
-1.85
-0.97
-0.55
- -
Dividend per Share
- -
- -
- -
0.01
0.01
- -
0.01
0.01
0.26
0.29
0.09
0.21
0.09
0.07
Book Value per Share
0.18
0.24
0.6
1.39
2.36
2.47
3.06
4.94
5.31
5.42
5.61
5.53
5.62
6.85
Tangible Book Value per Share
0.18
0.24
0.6
1.39
2.36
2.47
3.04
4.92
5.18
5.13
5.04
4.99
5.11
6.41
Basic Weighted Avg Shares
145
35
98
118
141
144
145
154
197
200
197
199
184
202
Sales/Revenue/Turnover
33
46
58
96
129
138
232
253
391
452
503
488
618
685
Operating Margin (%)
19.86
24.46
31.65
18.68
18.19
15.7
31.07
24.05
27.67
7.21
4.3
-3.18
5.72
6.88
Depreciation Expense
2
3
7
13
21
27
36
52
76
126
162
182
208
- -
Net Income, GAAP
6
9
16
15
19
16
61
52
106
32
22
-62
-9
6
Effective Tax Rate (%)
6.12
15.32
13.94
18.74
14.28
20.72
13.79
10.53
6.96
- -
- -
- -
- -
- -
Profit Margin (%)
18.44
20.77
26.9
15.18
15.05
11.51
26.22
20.55
27.06
7.08
4.32
-12.62
-1.49
0.87
Working Capital
5
-5
-5
57
90
89
62
479
178
143
-56
297
76
13
LT Debt
- -
- -
- -
4
4
- -
4
25
36
198
370
930
892
446
Total Equity
26
35
87
201
342
358
453
976
1,051
1,087
1,135
1,122
1,161
1,616
Return on Invested Capital (%)
- -
30.39
23.4
8.79
6.95
4.54
13.73
6.68
9.77
- -
- -
- -
- -
- -
Return on Capital (%)
- -
31.27
23.89
9.53
7.15
4.51
14.47
7.17
9.85
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
31.27
25.67
10.14
7.17
4.56
15
7.27
10.44
3.01
1.97
-5.53
-0.82
0.44

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
285
314
309
LT Borrowings
859
392
417
LT Finance Leases
33
31
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
233
233
Market Capitalization
5,648
5,951
9,809

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
577
580
573
Cash, Cash Equivalents & STI
272
266
231
Accounts Receivable, Net
205
192
216
Inventories
17
17
18
Total Current Liabilities
501
546
559
Payables & Accruals
- -
- -
- -
ST Debt
285
314
309
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
36.68%
3.56%
3.48%
Free Cash Flow
-1,097.29%
44.14%
-48.09%
Net Income, GAAP
-19.08%
-93.38%
-85.07%
Sales/Revenue/Turnover
28.92%
21.06%
26.69%
Total Cash Common Dividend
320.37%
576.27%
-60.18%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
117
114
129
128
488
2025
130
154
- -
175
618
2026
166
190
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.04
-0.02
-0.25
-0.31
2025
-0.04
- -
- -
-0.05
-0.05
2026
0.02
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.13
0.03
0.03
0.21
2025
0.03
0.02
- -
0.01
0.09
2026
0.03
0.01
- -
- -
- -

Company Description

CEO
Yi Feng Zhang
Full Time Employees
1,549
Sector
Electronic technology
Industry
Semiconductors
Address
No. 2, Xinfeng East Second Road Dongguan GD China 523000
IPO Date
Nov 11, 2020
Website
leadyo.com
Business
Guangdong Leadyo IC Testing Co., Ltd. Guangdong Leadyo IC Testing Co., Ltd. (688135.SS) provides integrated circuit testing solutions and semiconductor back-end services in China. The company offers wafer testing for 12-inch and 8-inch wafers, finished chip testing, wafer thinning and cutting, IC ribboning, and supporting services including test program and software development, chip testing and analysis, Load Board production, probe card manufacturing, and MPW engineering batch verification; it supports testing for diverse chip types such as MCU chips, MEMS sensors, AI chips, fingerprint identification and security chips, storage chips including EMMC/SSD/Nand Flash, touch control chips, and automotive-grade chips, utilizing equipment from brands like Advantest V93K/T2K/T53 series, Teradyne J750EX/M2, Chroma 3380 series, and probe stations like Precio XL and UF3000, with capabilities for high-temperature aging, burn-in, and mass production testing across package types including QFN, BGA, SOP, and CSP. Guangdong Leadyo IC Testing Co., Ltd. operates as one of China's largest independent third-party IC testing bases, serving over 200 strategic partners in fields like fingerprint identification, financial IC cards, smart home devices, tablet computers, and Beidou navigation, with monthly wafer testing capacity of approximately 120,000 pieces and finished chip testing capacity up to 300 million units. Founded in February 2010 and headquartered in Dongguan, Guangdong province, the company listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in November 2020 and holds strong intellectual property with over 43 practical patents and 4 software patents. Recent developments include a major investment in July 2023 for new testing equipment to support advanced node ICs, enhancing its capabilities amid China's domestic chip substitution push, alongside a controlling shareholder's plan announced in late 2025 to potentially reduce its stake by up to 3% between November 2025 and February 2026.