Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. Class A

Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. Class A

SSSE:688439
34.26
CNY
-0.74
(-2.11%)
0.43EPS
94.46P/E
9.24BMarket Cap
Oct 30Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.17
1.29
1.81
3.35
4.67
6.49
5.02
3.86
- -
Basic EPS, GAAP
0.25
0.35
0.53
1.18
1.82
3.05
1.44
0.85
0.49
Free Cash Flow per Basic Share
0.08
0.22
-0.46
-0.44
-2.23
-1.85
-2.14
2.33
- -
Dividend per Share
0.11
0.16
0.24
0.25
0.29
0.39
0.71
0.18
0.18
Book Value per Share
1.12
1.64
1.59
4.13
20.97
23.64
24.45
25.15
24.94
Tangible Book Value per Share
1.06
1.59
1.54
4.08
20.93
23.53
24.05
24.77
24.56
Basic Weighted Avg Shares
150
200
200
150
167
200
200
200
200
Sales/Revenue/Turnover
175
257
361
502
779
1,297
1,003
772
- -
Operating Margin (%)
28.12
38.76
44.68
47
51.04
52.92
40.54
19.41
- -
Depreciation Expense
10
11
11
16
24
36
53
63
- -
Net Income, GAAP
37
69
105
177
303
611
288
170
98
Effective Tax Rate (%)
16.19
14.43
14.52
13.16
11.19
13.73
10.52
8.29
8.92
Profit Margin (%)
21.16
26.94
29.17
35.22
38.9
47.07
28.67
22.04
- -
Working Capital
164
309
242
541
4,112
4,259
4,333
4,493
4,452
LT Debt
- -
90
50
2
92
45
27
70
68
Total Equity
169
249
241
633
4,243
4,766
4,953
5,080
5,034
Return on Invested Capital (%)
- -
22.49
24.55
27.73
12.88
13.31
6.35
3.1
1.74
Return on Capital (%)
- -
22.2
25.87
25.08
10.49
13.23
5.32
3.58
2.33
Return on Common Equity (%)
- -
33.45
43.47
41.26
12.59
13.69
5.98
3.43
1.97

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
106
108
109
LT Borrowings
50
50
50
LT Finance Leases
20
18
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
12,920
9,912
9,240

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,867
4,863
4,831
Cash, Cash Equivalents & STI
2,517
2,523
2,636
Accounts Receivable, Net
1,311
1,382
1,458
Inventories
651
665
657
Total Current Liabilities
373
377
379
Payables & Accruals
- -
- -
- -
ST Debt
106
108
109
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
150.37%
2.57%
Free Cash Flow
- -
48.18%
-208.42%
Net Income, GAAP
- -
29.36%
-40.9%
Sales/Revenue/Turnover
- -
22.96%
-23.1%
Total Cash Common Dividend
- -
15.17%
-75.18%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
348
262
182
211
1,003
2025
189
275
- -
71
772
2026
137
166
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
0.46
0.09
0.2
1.44
2025
0.1
0.22
0.16
0.37
0.85
2026
-0.07
0.02
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.7
- -
- -
0.71
2025
- -
0.17
- -
- -
0.18
2026
- -
0.18
- -
- -
- -

Company Description

CEO
Rui Hu
Full Time Employees
855
Sector
Electronic technology
Industry
Semiconductors
Address
Guiyang China
IPO Date
Aug 26, 2022
Website
semifg.com
Business
Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. is a China-based semiconductor enterprise engaged in the design, packaging, testing, and distribution of high-reliability integrated circuits and system-level microelectronic modules. Tracing its operational heritage to the state-owned Guangfeng Electric-Optical Factory founded in 1971 and formally incorporated in 2005, the company operates as a core subsidiary of China Zhenhua Electronics Group Co., Ltd. under the ultimate control of China Electronics Corporation. The company is headquartered in Guiyang, Guizhou Province, and maintains an integrated research, development, and operational network spanning Guiyang, Chengdu, Xi'an, Nanjing, and Shanghai, serving critical applications across aviation, aerospace, defense, marine engineering, and industrial electronics. The company offers an extensive portfolio of high-reliability microelectronic products and technical services, categorized into: signal chain integrated circuits, including precision operational amplifiers, programmable isolation amplifiers, instrumentation amplifiers, analog-to-digital converters, digital-to-analog converters, high-speed interface drivers, and signal switching circuits; power management integrated circuits, encompassing linear voltage regulators, switching power regulators, power monitoring circuits, and integrated power controller modules; computing and control devices, including RISC-V architecture microcontrollers, specialized digital microprocessors, clock and timing generators, and memory devices; radio frequency and microwave components, including RF front-end chips and microwave hybrid assemblies; radiation-hardened and specialized semiconductor products engineered for extreme environmental conditions; and electromechanical components, comprising precision micromotors and intelligent servo drive modules. Additionally, the company provides comprehensive semiconductor lifecycle services, including custom integrated circuit design; packaging solutions across ceramic, hermetic metal, plastic, and system-in-package platforms; and qualification testing services covering electrical characterization, environmental stress screening, mechanical durability testing, and failure analysis. In recent developments, Guizhou Zhenhua Fengguang Semiconductor relocated its primary corporate and manufacturing operations to the China Zhenhua Integrated Circuit Industrial Park in the Guiyang National High-Tech Industrial Development Zone. The company completed and commissioned its key integrated circuit research and development center project, expanded its multi-hub technological layout by establishing a dedicated research and development facility in Shanghai, and launched more than 300 specialized standard and radiation-hardened product lines with a strategic emphasis on high-performance motor drivers and programmable isolation devices. Furthermore, the company continues the phased construction and commissioning of its high-performance analog integrated circuit industrialization and advanced packaging production lines to expand domestic production capacity.