Thinkon Semiconductor Jinzhou Corp. Class A

Thinkon Semiconductor Jinzhou Corp. Class A

SSSE:688233
65.40
CNY
-4.07
(-5.86%)
0.64EPS
393.81P/E
36.52BMarket Cap
Oct 31Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.87
2.43
2.39
1.57
1.25
3.14
3.38
0.84
1.77
2.58
2.6
Basic EPS, GAAP
0.21
0.88
0.9
0.64
0.65
1.38
0.99
-0.43
0.24
0.6
0.54
Free Cash Flow per Basic Share
-0.1
-0.03
-0.11
0.64
-0.06
-0.56
-0.91
-0.45
0.29
- -
- -
Dividend per Share
0.02
- -
- -
0.42
0.16
0.1
0.41
0.1
- -
0.07
- -
Book Value per Share
0.77
1.32
2.78
3.01
7.57
8.86
9.83
10.34
10.53
11.1
11.21
Tangible Book Value per Share
0.64
1.2
2.54
2.78
7.42
8.73
9.62
10.16
10.22
10.8
10.92
Basic Weighted Avg Shares
51
52
118
120
154
160
160
161
171
170
169
Sales/Revenue/Turnover
44
126
283
189
192
504
539
135
303
438
441
Operating Margin (%)
25.71
42.21
42.88
47.21
47.6
46.6
31.66
-46.23
13.16
29.3
24.51
Depreciation Expense
3
4
7
13
20
36
43
55
64
83
- -
Net Income, GAAP
11
46
107
77
100
221
158
-69
41
102
92
Effective Tax Rate (%)
14.41
14.15
14.21
14.43
10.73
13.57
10.99
- -
11
1.96
- -
Profit Margin (%)
24.2
36.27
37.72
40.8
52.2
43.89
29.33
-51.18
13.59
23.3
20.92
Working Capital
64
100
168
181
837
920
878
1,013
1,035
1,069
1,120
LT Debt
- -
- -
- -
- -
8
5
4
- -
- -
6
4
Total Equity
93
159
334
361
1,212
1,418
1,614
1,812
1,849
1,964
1,985
Return on Invested Capital (%)
- -
36.26
43.14
22.42
12.6
16.63
10.35
- -
2.55
6.42
- -
Return on Capital (%)
- -
36.81
42.49
21.81
11.3
16.72
10.39
- -
1.94
4.28
- -
Return on Common Equity (%)
- -
36.53
43.27
22.15
12.75
16.81
10.57
-4.14
2.32
5.54
4.95

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
3
9
LT Borrowings
- -
- -
- -
LT Finance Leases
6
6
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
170
170
170
Market Capitalization
11,927
11,470
36,517

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,126
1,163
1,183
Cash, Cash Equivalents & STI
770
804
938
Accounts Receivable, Net
121
116
70
Inventories
87
84
84
Total Current Liabilities
57
47
63
Payables & Accruals
- -
- -
- -
ST Debt
3
3
9
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.28%
6.22%
Free Cash Flow
- -
137.62%
-101.64%
Net Income, GAAP
- -
-12.67%
147.96%
Sales/Revenue/Turnover
- -
52.63%
44.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
58
67
89
89
303
2025
106
103
- -
122
438
2026
112
104
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.02
0.13
0.08
0.24
2025
0.17
0.12
- -
0.18
0.6
2026
0.15
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.07
2026
- -
- -
- -
- -
- -

Company Description

CEO
Xin Yuan
Full Time Employees
430
Sector
Electronic technology
Industry
Semiconductors
Address
46A Zhongxin Road Jinzhou LI China 121000
IPO Date
Feb 21, 2020
Business
Thinkon Semiconductor Jinzhou Corp. (688233.SS) engages in the research, development, production, and sales of monocrystalline silicon materials and related products for integrated circuit etching processes. The company offers large-diameter silicon materials including silicon rods, cylinders, ingots, rings, and disks; silicon components such as upper and lower electrodes; and semiconductor large-size silicon wafers and application products, with capabilities to mass-produce up to Φ475mm (19-inch) diameter materials covering resistivities from <0.02Ω·cm to 70-80Ω·cm. These products serve mainstream semiconductor component manufacturers, primarily in integrated circuit manufacturing, with approximately 70% of sales to domestic customers and 30% exported to leading firms in Japan, South Korea, and the United States. Founded in July 2013 and headquartered at No. 46 Zhongxin Road, Taihe District, Jinzhou, Liaoning Province, China, the company listed on the Shanghai Stock Exchange's STAR Market in February 2020. Thinkon Semiconductor operates in the semiconductor materials industry, targeting integrated circuit etching equipment suppliers and end-users like Tokyo Electron, Samsung Electronics, SK Hynix, Intel, and Taiwan Semiconductor through its customer base. The firm employs around 392-400 staff and holds over 60 patented technologies, including no-magnetic-field large-diameter monocrystalline silicon manufacturing, solid-liquid coexistence interface control, and thermal field optimization. In recent developments, the company reported strong first-quarter 2025 performance with revenue of CNY 106 million, up 81.49% year-over-year, and net income of CNY 28.51 million, surging 1850.70%, driven by heightened demand from downstream integrated circuit manufacturers for its large-diameter silicon materials. It anticipates sustained low polysilicon raw material prices through 2025, positively impacting gross margins, while implementing cost-saving measures and expanding domestic supplier networks amid global tariff fluctuations. Ongoing R&D investments focus on deepening domestic IC localization, enhancing yield stability for silicon components and wafers, and tracking industry trends for technological innovation and market expansion.