Changzhou Galaxy Century Microelectronics Co., Ltd. Class A

Changzhou Galaxy Century Microelectronics Co., Ltd. Class A

SSSE:688689
36.08
CNY
-1.29
(-3.45%)
0.72EPS
81.16P/E
8.52BMarket Cap
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
5.84
5.48
5.92
6.38
6.08
5.61
6.32
6.62
5.24
5.43
7.08
8.28
9.09
Basic EPS, GAAP
0.51
0.44
0.5
0.57
0.58
0.56
0.72
1.12
0.67
0.5
0.56
0.63
0.8
Free Cash Flow per Basic Share
0.56
0.59
0.35
0.27
0.24
0.93
0.44
-0.14
-0.05
0.44
-0.19
-0.89
- -
Dividend per Share
0.07
0.04
0.01
0.3
0.01
0.25
- -
0.26
0.35
0.24
0.22
0.28
0.48
Book Value per Share
2.97
3.4
4.06
4.35
4.94
5.25
5.98
8.37
9.96
10.22
10.29
10.7
11.28
Tangible Book Value per Share
2.7
3.15
3.81
4.1
4.7
5
5.73
8.18
9.78
10.06
10.14
9.95
10.55
Basic Weighted Avg Shares
96
96
92
96
96
94
97
126
129
128
128
127
129
Sales/Revenue/Turnover
559
525
546
612
585
528
610
832
676
695
909
1,050
1,174
Operating Margin (%)
10.75
9.34
9.52
11.89
10.85
10.93
14.45
18.9
12.85
11.48
11.92
11.52
13.06
Depreciation Expense
42
37
41
39
43
42
37
31
47
54
62
74
- -
Net Income, GAAP
49
42
46
55
56
53
70
141
86
64
72
80
103
Effective Tax Rate (%)
12.71
10.87
12.66
11.31
11.89
12.55
10.53
11.17
9.9
7.35
8.36
9.24
8.58
Profit Margin (%)
8.74
7.97
8.44
8.93
9.55
9.99
11.4
16.92
12.78
9.21
7.91
7.61
8.77
Working Capital
79
105
169
198
257
315
366
736
1,236
1,300
1,289
1,227
1,247
LT Debt
- -
- -
- -
- -
- -
- -
4
7
346
375
406
438
381
Total Equity
284
326
389
417
473
506
576
1,075
1,284
1,321
1,365
1,414
1,516
Return on Invested Capital (%)
- -
11.14
12.03
12.72
12.39
11
12.92
16.98
6.12
3.62
4.02
3.95
5.07
Return on Capital (%)
- -
11.46
12.55
13.25
12.44
10.18
13.92
16.98
7.38
5.69
6.21
6.79
8.04
Return on Common Equity (%)
- -
13.71
12.9
13.56
12.56
10.77
12.85
17.07
7.33
4.92
5.44
5.9
7.31

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17
20
20
LT Borrowings
437
447
381
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
129
129
132
Market Capitalization
3,658
3,951
8,522

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,648
1,669
1,711
Cash, Cash Equivalents & STI
934
954
919
Accounts Receivable, Net
395
370
434
Inventories
219
246
260
Total Current Liabilities
422
410
464
Payables & Accruals
- -
- -
- -
ST Debt
17
20
20
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.65%
23.15%
3.54%
Free Cash Flow
-83.51%
-197.63%
360.49%
Net Income, GAAP
11.86%
12.29%
11.17%
Sales/Revenue/Turnover
8.41%
13.34%
15.46%
Total Cash Common Dividend
- -
- -
23.36%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
195
221
222
271
909
2025
218
258
- -
305
1,050
2026
267
344
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.14
0.08
0.21
0.56
2025
0.05
0.17
- -
0.26
0.63
2026
0.14
0.23
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.02
- -
0.22
2025
- -
0.23
- -
- -
0.28
2026
- -
0.25
- -
- -
- -

Company Description

CEO
Jun Liu
Full Time Employees
1,344
Sector
Electronic technology
Industry
Semiconductors
Address
No. 19, Changjiang North Road Changzhou JS China 213022
IPO Date
Jan 27, 2021
Business
Changzhou Galaxy Century Microelectronics Co., Ltd. engages in the research, development, manufacture, and sale of discrete semiconductor devices. Its core product offerings include diodes, silicon carbide (SiC) devices, gallium nitride (GaN) devices, metal-oxide-semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs), transistors, integrated analog and digital ICs, photocouplers, and light-emitting diodes (LEDs). These products serve a wide range of applications including computers and peripherals, household appliances, adapters and power supplies, network communications, automotive electronics, industrial control, and smart meters. The company operates primarily in China with international sales channels and is recognized as a high-tech integrated device manufacturer (IDM) specializing in discrete semiconductors under an IDM model. Founded in 2006 and headquartered in Changzhou, Jiangsu Province, China, the company is a subsidiary of Action Star International Limited. It went public on January 27, 2021, trading under the ticker 688689.SS on the Shanghai Stock Exchange. Changzhou Galaxy Century Microelectronics has recently undertaken significant operational expansion including the acquisition of land valued at approximately 75.8 million yuan to support capacity growth and infrastructure development. The company is also adopting digital trust platforms for electronic signature and seal management to enhance business process efficiency and digital transformation. Galaxy Century is noted for its broad product portfolio that supports stringent reliability requirements, holding recognition as the only discrete semiconductor manufacturer in China listed on the Automotive Electronics Council, underscoring its focus on automotive-grade components. It continues to expand its product and technical solution offerings with a focus on silicon carbide and optoelectronic devices to meet growing demands. The company has heightened its commitment to digital business management and operational efficiency through initiatives such as deploying electronic signature platforms that drastically reduce processing times for contracts and service agreements. In summary, Changzhou Galaxy Century Microelectronics focuses on discrete semiconductor devices with leading-edge product categories including SiC, GaN, MOSFETs, and analog ICs, serving diverse industrial and commercial sectors. Its recent key developments include land acquisition for expansion alongside digital transformation initiatives, reinforcing its strategic growth and operational modernization in the semiconductor industry landscape.