Shenzhen Bluetrum Technology Co., Ltd. Class A

Shenzhen Bluetrum Technology Co., Ltd. Class A

SSSE:688332
75.00
CNY
+3.95
(+5.56%)
28.11BMarket Cap
Oct 29Next Earn
Shenzhen Bluetrum Technology Co., Ltd. Class A
SSE:688332
(Shanghai Stock Exchange)

Recent

price

75.00

P/E

ratio

- -

div

yld

1.83%

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
17.94
145.56
7.21
8.44
7.09
8.16
10.24
10.33
- -
Revenue per Share
0.15
33.57
1.68
1.72
0.93
1.42
1.69
7.94
- -
Basic EPS, GAAP
-4.67
23.65
0.37
-0.88
1.38
-0.66
2.32
0.22
- -
Free Cash Flow per Basic Share
- -
0.4
0.2
0.31
0.43
0.35
0.67
0.71
1.37
Dividend per Share
-0.9
45.48
5.03
6.55
19.96
21.19
22.41
29.61
31.91
Book Value per Share
-0.9
45.44
5.02
6.54
19.88
21.14
22.36
29.43
31.74
Tangible Book Value per Share
5
4
129
133
152
177
178
178
177
Basic Weighted Avg Shares
84
646
927
1,124
1,080
1,447
1,819
1,842
- -
Sales/Revenue/Turnover
2.26
23.22
22.52
20.02
10.04
11.76
13.96
12.84
- -
Operating Margin (%)
- -
- -
2
6
15
15
16
19
- -
Depreciation Expense
1
149
215
229
141
252
300
1,415
- -
Net Income, GAAP
- -
- -
- -
- -
- -
0.03
3.33
8.52
- -
Effective Tax Rate (%)
0.85
23.07
23.24
20.41
13.05
17.4
16.5
76.86
- -
Profit Margin (%)
-5
208
664
861
3,519
3,661
3,694
3,435
3,108
Working Capital
- -
- -
3
5
2
2
3
4
3
LT Debt
-4
214
670
873
3,546
3,773
4,003
5,297
5,706
Total Equity
- -
139.65
47.63
29.18
6.35
6.15
6.67
28.86
- -
Return on Invested Capital (%)
- -
143.11
48
29.4
6.38
6.39
7.09
29.02
- -
Return on Capital (%)
- -
- -
48.71
29.73
6.38
6.89
7.74
30.52
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
139
139
132
LT Borrowings
- -
- -
- -
LT Finance Leases
4
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
178
178
178
Market Capitalization
15,836
14,145
28,111

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,734
3,715
3,459
Cash, Cash Equivalents & STI
2,820
2,749
2,317
Accounts Receivable, Net
75
63
66
Inventories
692
739
891
Total Current Liabilities
299
280
351
Payables & Accruals
- -
- -
- -
ST Debt
139
139
132
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
76.27%
32.33%
Free Cash Flow
- -
-265.03%
-90.56%
Net Income, GAAP
- -
87.49%
371.66%
Sales/Revenue/Turnover
- -
15.66%
1.24%
Total Cash Common Dividend
- -
42.62%
7.06%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
363
428
457
571
1,819
2025
367
444
- -
540
1,842
2026
407
498
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.31
0.45
0.4
0.52
1.69
2025
0.25
0.48
- -
6.75
7.94
2026
-0.03
2.72
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.6
0.03
0.01
0.67
2025
0.01
0.69
- -
- -
0.71
2026
- -
1.35
- -
- -
- -
Business
Shenzhen Bluetrum Technology Co., Ltd. is a fabless integrated circuit design company that researches, develops, designs, and sells low-power, high-performance system-on-chip (SoC) solutions for wireless audio, smart wearables, and the artificial intelligence of things (AIoT). Founded in 2016 and headquartered in Shenzhen, China, with primary research and development facilities in Zhuhai and Shenzhen, the company specializes in open-source RISC-V architecture-based silicon design, integrating custom central processing unit cores, digital signal processors, radio frequency modules, baseband processors, audio codecs, and power management units. The company's core product portfolio comprises: Bluetooth audio SoCs, including true wireless stereo (TWS) earbud chips, wireless headphone processors, and Bluetooth speaker SoCs across its flagship Xunlong and BT series; smart wearable SoCs, featuring high-integration processors for smartwatches and fitness bands such as the BT879X, AB579X, AB569X, and AB568X series; artificial intelligence voice recognition and AIoT SoCs, equipped with dedicated neural processing units (NPUs) for low-power voice activation and intelligent noise cancellation; digital audio and speech processing chips for electronic instruments, voice-interactive toys, and soundbars; wireless microphone SoCs; Wi-Fi connectivity chips, including the AB6003G Wi-Fi IoT series; multimedia and video processing SoCs, utilized in smart glasses, thumb cameras, children's cameras, and wireless transceivers; and complete turnkey hardware-software reference designs and customized firmware solutions. Bluetrum Technology serves consumer electronics brand owners, original equipment manufacturers (OEMs), and original design manufacturers (ODMs) across Greater China, the Asia-Pacific region, India, Africa, Latin America, and Europe, with its solutions integrated into products by brands including Xiaomi, Transsion, realme, Honor, Edifier, Baseus, Lenovo, Anker, boAt, Noise, and Baidu. In recent developments, Bluetrum Technology has expanded its technological capabilities and broadened its strategic business lines. In November 2025, the company established a wholly owned subsidiary, Shenzhen Xinguang Computing Technology Co., Ltd., to enter the optical chip and high-performance optical communication module market as a second core growth driver. In wireless connectivity, the company launched its AB6003G Wi-Fi IoT chip, secured Wi-Fi Alliance certification, and engineered dual-band Wi-Fi 6 radio frequency and modem technologies to accelerate its footprint in connected smart devices. Additionally, the company integrated proprietary hardware NPU engines across its next-generation wearable and audio SoC lineups to support edge artificial intelligence computing and deep-learning call noise reduction algorithms. Bluetrum Technology has also expanded its video SoC offerings into emerging categories such as smart glasses and portable imaging devices, while pursuing strategic equity investments in artificial intelligence hardware, graphics processing units, and advanced semiconductor packaging to strengthen its broader ecosystem.