ShenZhen Longtu Photomask Co., Ltd.Class A

ShenZhen Longtu Photomask Co., Ltd.Class A

SSSE:688721
30.70
CNY
-1.43
(-4.45%)
7.79BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.39
0.85
1.68
2.19
2.23
1.85
- -
Basic EPS, GAAP
0.11
0.31
0.67
0.84
0.83
0.42
- -
Free Cash Flow per Basic Share
-0.14
-0.05
-0.48
-0.3
-3.45
-2.19
- -
Dividend per Share
- -
- -
- -
- -
- -
0.41
0.03
Book Value per Share
0.4
0.97
4.64
5.53
9.02
9.08
9.24
Tangible Book Value per Share
0.4
0.96
4.49
5.36
8.89
8.95
9.11
Basic Weighted Avg Shares
134
134
96
100
111
134
132
Sales/Revenue/Turnover
53
114
162
218
247
247
- -
Operating Margin (%)
32.01
43.3
44.64
42.31
40.36
24.72
- -
Depreciation Expense
3
7
13
18
19
35
- -
Net Income, GAAP
14
41
64
84
92
56
- -
Effective Tax Rate (%)
11.18
12.37
9.94
12.23
9.98
2.69
- -
Profit Margin (%)
27.48
36.21
39.92
38.3
37.25
22.74
- -
Working Capital
-4
4
279
239
445
377
328
LT Debt
5
4
4
3
2
215
224
Total Equity
40
97
465
553
1,204
1,212
1,233
Return on Invested Capital (%)
- -
51.48
22
16.25
10.37
4.18
- -
Return on Capital (%)
- -
52.5
22.34
16.3
10.42
4.26
- -
Return on Common Equity (%)
- -
60.12
22.96
16.43
10.45
4.64
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
41
49
26
LT Borrowings
214
222
223
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
134
134
134
Market Capitalization
6,212
5,152
7,794

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
486
424
423
Cash, Cash Equivalents & STI
238
193
167
Accounts Receivable, Net
72
79
86
Inventories
12
13
11
Total Current Liabilities
109
104
95
Payables & Accruals
- -
- -
- -
ST Debt
41
49
26
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
131.87%
0.67%
Free Cash Flow
- -
339.56%
-23.42%
Net Income, GAAP
- -
48.31%
-38.92%
Sales/Revenue/Turnover
- -
41.19%
0.06%
Total Cash Common Dividend
- -
- -
21,845.33%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
60
64
63
60
247
2025
54
62
- -
63
247
2026
62
74
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.18
0.17
0.15
0.83
2025
0.13
0.13
- -
0.03
0.42
2026
0.08
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
0.01
0.41
2026
0.01
0.01
- -
- -
- -

Company Description

CEO
Xiao Long Ye
Full Time Employees
273
Sector
Electronic technology
Industry
Semiconductors
Address
Shenzhen China
IPO Date
Aug 6, 2024
Business
ShenZhen Longtu Photomask Co., Ltd. is a China-based independent semiconductor photomask manufacturer engaged in the research, development, design, production, and sale of high-precision photomasks and the provision of specialized mask technical services. Founded in 2010 and headquartered in Shenzhen, Guangdong Province, China, the company operates under the STARMASK brand and serves integrated circuit design firms, wafer foundries, and semiconductor packaging and testing enterprises across domestic and international markets. The company offers a comprehensive portfolio of photomask products and related engineering solutions, categorized primarily by substrate material and precision requirements: quartz photomasks fabricated from high-purity synthetic quartz glass featuring high optical transmittance, low thermal expansion, and high surface flatness for deep sub-micron process nodes; soda lime photomasks utilizing soda lime glass substrates for cost-efficient medium-to-low precision lithography applications; and value-added technical support services comprising integrated circuit mask data preparation, design rule checking, optical inspection, precision defect repair, specialized mask cleaning, and pellicle mounting and replacement. Its photomask products support process geometries ranging from 130 nanometers down to 65 nanometers, with production capabilities deployed for 40-nanometer and 28-nanometer process nodes. These products are utilized across specialized semiconductor fields, including power semiconductors such as MOSFETs and IGBTs, silicon carbide and gallium nitride wide-bandgap devices, MEMS sensors, analog integrated circuits, power management ICs, signal chain chips, optoelectronic devices, and advanced semiconductor packaging, serving downstream applications in automotive electronics, industrial automation, photovoltaic new energy systems, telecommunications, and consumer electronics. In recent developments, ShenZhen Longtu Photomask completed its initial public offering and listed its Class A shares on the Science and Technology Innovation Board (STAR Market) of the Shanghai Stock Exchange in August 2024 under the ticker 688721. To accelerate the scaling of high-end process nodes, the company advanced the construction of its High-End Semiconductor Chip Photomask Manufacturing Base through its wholly owned subsidiary, Zhuhai Longtu Photomask Technology Co., Ltd., which initiated pilot manufacturing in mid-2025 and commenced ramp-up of commercial volume production. Throughout 2025, the company executed capital increases totaling 400 million RMB into the Zhuhai subsidiary, increasing its registered capital to 600 million RMB to finance advanced lithography equipment procurement and cleanroom expansion. In 2026, the company initiated an additional equity financing plan to fund strategic research and production capabilities targeting advanced 40nm-to-28nm process nodes, strengthening its competitive positioning in independent third-party semiconductor photomask manufacturing.