ASR Microelectronics Co., Ltd. Class A

ASR Microelectronics Co., Ltd. Class A

SSSE:688220
91.50
CNY
+3.38
(+3.84%)
-0.25EPS
52.00BMarket Cap
Oct 31Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.2
0.28
0.95
3.23
5.69
5.19
6.27
8.31
9.39
10.76
Basic EPS, GAAP
-2.39
-1.28
-1.4
-6.96
-1.57
-0.61
-1.22
-1.7
-0.96
-0.25
Free Cash Flow per Basic Share
-2.02
-1.28
-1.46
-1.96
-2.3
-1.15
-1.93
-1.61
-1.34
- -
Dividend per Share
- -
0.01
- -
- -
0.02
0.02
0.01
0.01
0.01
0.02
Book Value per Share
1.35
1.93
2.21
4.54
3.01
17.86
15.19
13.58
13.05
13.97
Tangible Book Value per Share
0.3
1
0.76
3.46
1.98
17.07
14.53
12.83
12.19
13.31
Basic Weighted Avg Shares
418
418
418
334
375
412
415
408
407
407
Sales/Revenue/Turnover
84
115
398
1,081
2,137
2,140
2,600
3,386
3,817
4,376
Operating Margin (%)
-440.31
-467.43
-142.58
-215.32
-26.3
-16.5
-23.4
-16.98
-10.41
-4.18
Depreciation Expense
113
130
130
122
179
189
194
230
238
- -
Net Income, GAAP
-998
-537
-584
-2,327
-589
-252
-506
-693
-390
-102
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-1,184.68
-465.76
-146.64
-215.23
-27.58
-11.75
-19.46
-20.47
-10.23
-2.33
Working Capital
21
217
233
1,274
684
6,993
5,600
4,737
4,492
4,562
LT Debt
- -
- -
- -
41
28
32
20
12
35
28
Total Equity
430
617
706
1,707
1,131
7,472
6,356
5,682
5,458
5,844
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-102.66
-88.26
-192.81
-41.52
-5.85
-7.32
-11.51
-7.01
-1.78

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
442
596
591
LT Borrowings
- -
- -
- -
LT Finance Leases
35
30
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
418
418
418
Market Capitalization
34,556
28,076
52,003

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,844
6,009
6,359
Cash, Cash Equivalents & STI
3,253
3,075
2,915
Accounts Receivable, Net
309
437
456
Inventories
1,704
1,903
2,155
Total Current Liabilities
1,352
1,588
1,797
Payables & Accruals
- -
- -
- -
ST Debt
442
596
591
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
99.45%
-3.94%
Free Cash Flow
- -
4.05%
-17.51%
Net Income, GAAP
- -
-7.51%
-43.68%
Sales/Revenue/Turnover
- -
32.46%
12.73%
Total Cash Common Dividend
- -
570.48%
70.69%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
830
825
884
846
3,386
2025
910
988
- -
936
3,817
2026
1,130
1,321
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.31
-0.34
-0.36
-0.69
-1.7
2025
-0.3
-0.3
- -
-0.15
-0.96
2026
-0.07
0.27
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Xuan Zhou
Full Time Employees
1,283
Sector
Communications
Industry
Specialty telecommunications
Address
Shanghai China
IPO Date
Jan 14, 2022
Business
ASR Microelectronics Co., Ltd. is a fabless semiconductor company that engages in the research, development, and sale of wireless communication chips, system-on-chip (SoC) architectures, and ultra-large-scale integrated circuits. The company operates through three primary business activities: Chip Products, Chip Customization Services, and Semiconductor Intellectual Property (IP) Licensing. Its core product portfolio encompasses full-standard cellular baseband chips, including 2G, 3G, 4G, and 5G baseband platforms, LTE Cat.1 and Cat.1bis connectivity chipsets, and lightweight 5G RedCap (Reduced Capability) SoCs; smart mobile and smartphone application processors, featuring multi-core architectures integrated with proprietary neural processing units (NPUs) and image signal processors (ISPs); non-cellular Internet of Things (IoT) and short-range wireless connectivity solutions, including Wi-Fi, Bluetooth, combo chips, and low-power LoRa/LPWAN transceivers; and Global Navigation Satellite System (GNSS) positioning chips engineered with real-time kinematic (RTK) algorithms. In addition, the company provides end-to-end Application-Specific Integrated Circuit (ASIC) turnkey design and customization services tailored for edge artificial intelligence (AI), internet data processing, and cloud infrastructure, alongside specialized semiconductor IP licensing for third-party chip developers. ASR Microelectronics serves diverse downstream markets including smart wearables, smartphones, smart metering, connected vehicles, smart payment terminals, smart home appliances, smart security, and industrial IoT applications. Founded in 2015 and headquartered in Zhangjiang Hi-Tech Park in Shanghai, China, the company maintains research, development, and technical support operations across mainland China—including Beijing, Shenzhen, Chengdu, Hefei, and Dalian—as well as international facilities in the United States and Italy. In recent developments, ASR Microelectronics has expanded its next-generation wireless and computing portfolio through the commercial launch and volume deployment of multiple 5G RedCap chipset platforms, including the ASR1903 series for IoT modules and automotive connectivity, and the ASR8603 platform supporting Android operating systems for high-performance smart wearables. The company has broadened its mobile application processor business by commercializing the ASR866X series of octa-core 4G smartphone processors with on-chip AI acceleration, building on the commercial scale of its ASR8601 smartphone platform. Furthermore, ASR Microelectronics has expanded its turnkey ASIC and chip customization operations to capture growing commercial demand for on-device AI and edge computing, while strengthening supply partnerships with leading consumer technology and IoT device brands across domestic and international markets.