Maxio Technology (Hangzhou) Co., Ltd. Class A

Maxio Technology (Hangzhou) Co., Ltd. Class A

SSSE:688449
46.00
CNY
-1.78
(-3.73%)
1.42EPS
60.81P/E
39.70BMarket Cap
Oct 30Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.38
0.73
1.26
1.25
2.97
3.18
2.89
3.54
Basic EPS, GAAP
-0.06
-0.01
0.1
-0.17
0.15
0.32
0.31
1.42
Free Cash Flow per Basic Share
-0.13
-0.18
-0.33
-0.07
0.27
-0.27
0.21
- -
Dividend per Share
- -
- -
- -
- -
0.01
0.01
0.01
0.06
Book Value per Share
0.7
0.69
1.24
1.17
1.44
3.72
4.14
5.29
Tangible Book Value per Share
0.69
0.69
1.23
1.15
1.34
3.66
4.06
5.22
Basic Weighted Avg Shares
460
460
460
460
348
369
459
460
Sales/Revenue/Turnover
177
336
579
573
1,034
1,174
1,327
1,629
Operating Margin (%)
-14.99
-1.55
9.27
-11.01
5.79
11.86
10.69
13.3
Depreciation Expense
6
7
16
27
50
61
65
- -
Net Income, GAAP
-26
-4
45
-79
52
118
142
653
Effective Tax Rate (%)
- -
- -
3.41
- -
- -
- -
- -
- -
Profit Margin (%)
-14.62
-1.19
7.8
-13.81
5.05
10.06
10.71
40.06
Working Capital
237
230
394
457
504
1,622
1,731
1,370
LT Debt
- -
8
7
5
1
12
8
7
Total Equity
253
249
446
422
519
1,710
1,906
2,432
Return on Invested Capital (%)
- -
- -
12.19
- -
9.7
9.68
7.37
29.93
Return on Capital (%)
- -
- -
12.48
- -
10.19
10.07
7.57
30.13
Return on Common Equity (%)
- -
-1.6
12.97
-18.24
11.11
10.6
7.86
31.6

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
118
140
111
LT Borrowings
- -
- -
- -
LT Finance Leases
8
6
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
460
460
460
Market Capitalization
20,783
19,187
39,703

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,133
1,875
1,909
Cash, Cash Equivalents & STI
1,189
929
813
Accounts Receivable, Net
312
305
345
Inventories
577
591
639
Total Current Liabilities
402
490
540
Payables & Accruals
- -
- -
- -
ST Debt
118
140
111
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
67.51%
11.45%
Free Cash Flow
- -
-156.29%
-196.66%
Net Income, GAAP
- -
-304.24%
20.41%
Sales/Revenue/Turnover
- -
35.61%
13.06%
Total Cash Common Dividend
- -
178.54%
-16.75%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
217
310
298
349
1,174
2025
241
369
- -
406
1,327
2026
355
499
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.07
0.07
0.1
0.32
2025
-0.05
0.18
- -
0.11
0.31
2026
0.02
1.11
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
0.01
2026
- -
0.05
- -
- -
- -

Company Description

CEO
Guo Yang Li
Full Time Employees
787
Sector
Electronic technology
Industry
Semiconductors
Address
Hangzhou China
IPO Date
Nov 29, 2024
Business
Maxio Technology (Hangzhou) Co., Ltd. is a platform-based fabless semiconductor design enterprise that specializes in the research, development, and commercialization of data storage controller chips and AIoT signal processing and transmission chips. Founded in 2014 and headquartered in Hangzhou, Zhejiang Province, China, the company operates in the integrated circuit and semiconductor industry, providing integrated hardware, firmware, and turn-key controller solutions for consumer, industrial, automotive, and enterprise applications. The company operates across two core business segments: Data Storage Controller Chips and AIoT Signal Processing and Transmission Chips. Its product and service portfolio includes solid-state drive (SSD) controller chips supporting SATA, PCIe 3.0, PCIe 4.0, and PCIe 5.0 protocols, including the MAP1202, MAP1602, MAP1802, and MAP1808 series; embedded storage controller chips supporting eMMC and Universal Flash Storage (UFS 2.2, UFS 3.1, and UFS 4.1/5.0) architectures for mobile devices, smart terminals, and automotive electronics; AIoT perception signal processing chips for smart vision, sensing, and audio management; wired communication and network interface transmission chips; proprietary NAND flash management firmware and Agile ECC low-density parity-check (LDPC) error-correction algorithms; and complete software development kits (SDKs), reference designs, and technical validation services. The company primarily serves storage module manufacturers, personal computer and server original equipment manufacturers (OEMs), consumer electronics brands, and smart IoT device makers across domestic and international markets, with key client and partner relationships spanning Longsys, BIWIN Storage, Lexar, ADATA Technology, Apacer Technology, Innodisk, Netac, and Hikvision Storage. Maxio Technology maintains research, development, sales, and technical support branches in Shenzhen, Shanghai, Guangzhou, Suzhou, and Chengdu, and benefits from strategic shareholding and commercial alignment with Hangzhou Hikvision Digital Technology Co., Ltd. Recent major corporate developments include the completion of the company's initial public offering (IPO) and listing of its Class A ordinary shares on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR Market) under ticker symbol 688449 in November 2024; the commercial deployment of its PCIe 5.0 DRAM-less SSD controllers (MAP1802 and MAP1806 series) and AI-workload optimized MAP1808 controller featuring built-in AI acceleration engines for AI PCs and edge computing terminals; the mass production and commercial smartphone adoption of its proprietary UFS 3.1 embedded storage controller platform alongside ongoing development of UFS 4.1 and UFS 5.0 solutions; the initiation of architectural R&D for next-generation PCIe Gen 6 SSD controller platforms; and the expansion of strategic ecosystem alliances with NAND flash memory producers and module manufacturers to advance high-performance enterprise and industrial storage implementations.