VeriSilicon Microelectronics (Shanghai) Co., Ltd. Class A

VeriSilicon Microelectronics (Shanghai) Co., Ltd. Class A

SSSE:688521
123.50
CNY
-6.13
(-4.73%)
-1.70EPS
195.19BMarket 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
9.73
12.64
7.8
3.25
3.53
4.83
5.44
4.65
4.64
6.15
6.37
Basic EPS, GAAP
-1.7
-1.5
-0.5
-0.1
-0.06
0.03
0.15
-0.59
-1.2
-1.03
-1.7
Free Cash Flow per Basic Share
-0.93
7.37
-5.24
-0.25
-0.63
0.04
-2.38
-0.25
-0.98
-0.92
- -
Dividend per Share
0.1
0.1
0.03
0.01
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.97
0.66
0.39
2.21
5.41
5.5
5.84
5.4
4.24
6.5
5.56
Tangible Book Value per Share
-0.11
-0.26
-0.58
1.35
4.54
4.41
4.71
4.25
2.83
5.02
2.49
Basic Weighted Avg Shares
86
85
136
412
426
443
492
502
501
512
525
Sales/Revenue/Turnover
833
1,080
1,057
1,340
1,506
2,139
2,679
2,338
2,322
3,152
3,346
Operating Margin (%)
-18.9
-8.02
-4.36
-4.29
-0.59
1.33
3.07
-4.08
-22.82
-14.74
-21.28
Depreciation Expense
74
72
69
79
81
103
151
180
230
256
- -
Net Income, GAAP
-146
-128
-68
-41
-26
13
74
-296
-601
-528
-893
Effective Tax Rate (%)
- -
- -
- -
- -
- -
45.02
21.21
- -
- -
- -
- -
Profit Margin (%)
-17.46
-11.87
-6.41
-3.07
-1.7
0.62
2.76
-12.68
-25.88
-16.74
-26.68
Working Capital
-62
-129
-247
471
2,039
1,926
1,683
1,768
1,091
3,159
1,806
LT Debt
- -
- -
- -
- -
18
17
369
682
877
1,164
1,001
Total Equity
422
289
170
961
2,626
2,721
2,907
2,700
2,122
3,418
2,925
Return on Invested Capital (%)
- -
- -
- -
- -
- -
0.45
2.29
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
0.56
2.69
- -
- -
- -
- -
Return on Common Equity (%)
- -
-36.02
-29.57
-7.28
-1.43
0.5
2.62
-10.57
-24.92
-19.06
-36.83

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
553
615
683
LT Borrowings
1,124
1,164
971
LT Finance Leases
40
37
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
526
526
526
Market Capitalization
72,027
106,393
195,188

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,686
5,053
6,325
Cash, Cash Equivalents & STI
2,931
1,769
2,443
Accounts Receivable, Net
1,203
1,199
1,452
Inventories
498
515
687
Total Current Liabilities
2,527
2,856
4,519
Payables & Accruals
- -
- -
- -
ST Debt
553
615
683
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
8.59%
61.03%
Free Cash Flow
- -
-1,223.66%
-3.44%
Net Income, GAAP
- -
-21.56%
-12.16%
Sales/Revenue/Turnover
- -
17.92%
35.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
318
614
718
672
2,322
2025
390
584
- -
898
3,152
2026
836
1,028
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.41
-0.16
-0.22
-0.41
-1.2
2025
-0.44
-0.19
- -
-0.34
-1.03
2026
-0.65
-0.52
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Wei-Ming Dai
Full Time Employees
2,057
Sector
Electronic technology
Industry
Semiconductors
Address
Zhangjiang Building Shanghai SH China 201203
IPO Date
Aug 18, 2020
Business
VeriSilicon Microelectronics (Shanghai) Co., Ltd. (688521.SS) provides platform-based custom silicon services and semiconductor IP licensing under its Silicon Platform as a Service (SiPaaS) model, enabling one-stop solutions from chip definition to test and packaging for fabless firms, IDMs, OEMs/ODMs, internet companies, and cloud providers. Core offerings encompass six in-house processor IPs including GPU, NPU, VPU, DSP, ISP, and Display Processing IP; over 1,600 analog/mixed-signal and RF IPs; customized SoC solutions for high-definition video/audio/voice, in-vehicle infotainment, video surveillance, IoT connectivity, data centers, AI applications in smartwatches/AR/VR glasses/AI PCs/phones/robots/servers, and Chiplet technologies for AIGC/autonomous driving; plus software development platforms, SDKs, and application software. The company operates across consumer electronics, automotive electronics, computers/peripherals, industrial, data processing, and IoT segments, with customers worldwide. Founded in 2001 and headquartered at 20F, 289 Chunxiao Road, Zhangjiang Hi-Tech Park, Pudong, Shanghai, China, VeriSilicon maintains 9 design/R&D centers in China and the US, 11 global sales offices, and over 2,000 employees. Recent developments include an announced acquisition of Pixelworks' Shanghai semiconductor subsidiary, expected to close by end-2025 pending shareholder approval; a private placement share issuance agreement in September 2025; and advancements in Chiplet industrialization for high-compute SiP trends.