Shanghai Fudan Microelectronics Group Co., Ltd. Class A

Shanghai Fudan Microelectronics Group Co., Ltd. Class A

51.30
CNY
-1.13
(-2.16%)
0.75EPS
41.37P/E
25.70BMarket Cap
Oct 28Next 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
1.32
1.37
1.68
1.92
2.23
2.13
2.09
2.43
3.46
4.34
4.33
4.38
4.83
4.34
Basic EPS, GAAP
0.26
0.27
0.26
0.34
0.34
0.16
-0.23
0.19
0.69
1.32
0.88
0.7
0.28
0.76
Free Cash Flow per Basic Share
0.06
-0.01
0.05
0.2
-0.11
-0.22
-0.31
-0.15
0.05
-0.57
-1.91
- -
- -
- -
Dividend per Share
0.08
0.08
- -
- -
- -
- -
- -
- -
- -
0.07
0.17
0.16
0.12
0.26
Book Value per Share
1.16
1.36
1.62
1.98
2.45
2.8
2.57
2.78
3.86
5.55
6.47
7.18
7.45
6.84
Tangible Book Value per Share
1.07
1.15
1.36
1.75
2.21
2.52
2.32
2.46
3.55
5.06
5.74
6.32
6.82
6.04
Basic Weighted Avg Shares
617
617
617
617
626
661
695
695
745
815
817
819
824
815
Sales/Revenue/Turnover
817
844
1,040
1,187
1,398
1,410
1,455
1,691
2,577
3,539
3,536
3,590
3,982
3,534
Operating Margin (%)
44.72
42.07
17.83
21.11
43.72
39.69
-12.11
10.78
24.82
35.99
25.73
22.26
17.83
21.69
Depreciation Expense
33
36
67
112
97
111
150
15
213
17
19
26
28
- -
Net Income, GAAP
159
168
159
212
212
107
-162
133
514
1,077
719
573
232
618
Effective Tax Rate (%)
2.81
3.62
7.93
7.61
7.11
19
- -
5.74
2.46
0.38
0.4
- -
0.34
0.77
Profit Margin (%)
19.51
19.9
15.28
17.87
15.17
7.62
-11.13
7.86
19.96
30.43
20.35
15.95
5.83
17.5
Working Capital
486
483
588
895
1,222
1,495
1,281
1,388
2,329
3,423
4,058
4,257
5,153
4,089
LT Debt
- -
- -
- -
- -
- -
- -
33
41
57
33
552
248
669
372
Total Equity
757
935
1,114
1,374
1,771
2,107
1,938
2,112
3,367
5,153
5,962
6,544
6,754
6,241
Return on Invested Capital (%)
23.14
20.77
43.82
47.02
36.1
23.52
- -
7.78
19.88
25.55
11.74
- -
2.47
8.61
Return on Capital (%)
22.08
18.78
13.65
14.83
12.47
4.41
- -
5.18
16.84
23.86
11.28
- -
3.65
9.03
Return on Common Equity (%)
24.12
21.56
17.23
19.09
14.94
6.04
-8.69
7.15
20.29
28.07
14.63
10.23
3.86
11.74

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
966
916
1,169
LT Borrowings
530
462
357
LT Finance Leases
22
18
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
819
819
819
Market Capitalization
31,640
25,907
25,702

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
5,937
5,897
6,117
Cash, Cash Equivalents & STI
1,034
886
953
Accounts Receivable, Net
930
1,189
1,403
Inventories
3,177
3,214
3,232
Total Current Liabilities
1,879
1,856
2,027
Payables & Accruals
- -
- -
- -
ST Debt
966
916
1,169
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.33%
28.23%
3.21%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-16.5%
56.7%
-59.42%
Sales/Revenue/Turnover
15.43%
20.42%
10.92%
Total Cash Common Dividend
- -
1,083.5%
-22.23%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
809
987
942
798
3,536
2024
893
901
- -
- -
3,590
2025
- -
- -
- -
- -
3,982

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.23
0.32
0.25
0.08
0.88
2024
0.2
0.23
- -
- -
0.7
2025
- -
- -
- -
- -
0.28

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
0.01
0.15
0.01
0.17
2024
0.02
0.09
- -
- -
0.16
2025
- -
- -
- -
- -
0.12

Company Description

CEO
Wei Zhang
Full Time Employees
1,958
Sector
Electronic technology
Industry
Semiconductors
Address
Building 4 Shanghai SH China 200433
IPO Date
Aug 4, 2000
Website
fmsh.com
Business
Shanghai Fudan Microelectronics Group Company Limited (688385.SS) engages in the design, development, testing, and sale of application-specific integrated circuits (ASICs) and related system solutions. The company offers a comprehensive portfolio of products including security and identification chips such as contact and contactless memory ICs, HF RFID and NFC tag ICs, NFC channel ICs, contactless CPU cards, dual-interface CPU card chips, secured encryption chips, and HF reader chips; smart meter ASIC chips, automotive and ultra-low-power general-purpose MCUs, and ePLC solutions; non-volatile memory (NVM) products encompassing EEPROM, SPI NOR flash, SPI and parallel NAND flash, and AS-NVM; field-programmable gate arrays (FPGAs), reconfigurable SoCs, and PSoC chips; and specific analog circuits. It also provides integrated circuit testing services and solutions for applications in bank cards, social security cards, smart transportation, finance, anti-counterfeiting traceability, smart homes, industrial control, automotive electronics, IoT, mobile payments, and surveillance. Founded in 1998 and headquartered in Shanghai, China, with offices in Beijing, Shenzhen, Hong Kong, Taiwan, North America, and Singapore, the company serves markets in over 30 countries and regions. In recent developments, the company has advanced multiple R&D projects including the New Generation FPGA Platform Development and Industrialization Project, Intelligent and Reconfigurable SoC Platform Development, New Technical Platform Storage Development, New High-end Security Controller Development, and Passive IoT Basic Chip Development, supported by significant R&D investments exceeding RMB 1.1 billion in 2024. It launched new products such as the SPD5 Hub for DDR5 module interfaces, TS5 products, low-power ultra-wide voltage FM24LNXXX series I2C serial EEPROM, SLC NAND 28nm products for security monitoring and smart wearables, and progressed 12-inch process platforms for MCUs in smart meters, alongside RFSoC series using advanced FinFET processes. Additionally, Shanghai Fudan Microelectronics entered a major share transfer agreement enabling Shanghai Guosheng Group to acquire a 12.99% stake, pledged up to RMB 358.7 million in wafer and materials purchases from Shanghai Huahong Group to scale production, and scheduled its 2025 second extraordinary general meeting to approve A-share offering fund utilization, governance changes including abolition of the Supervisory Committee, and related party transaction policies. These initiatives underscore strategic expansions in advanced semiconductors, supply chain collaboration, and operational enhancements.