Zhejiang Chengchang Technology Co., Ltd. Class A

Zhejiang Chengchang Technology Co., Ltd. Class A

SSZSE:001270
84.00
CNY
+1.45
(+1.76%)
0.61EPS
244.60P/E
32.15BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.83
1.1
1.32
1.38
1.52
1.41
1.04
1.99
2.08
Basic EPS, GAAP
0.48
0.55
0.34
1.05
0.73
0.39
-0.15
0.58
0.64
Free Cash Flow per Basic Share
-0.29
0.53
0.23
-0.01
-0.44
-0.64
-0.95
-0.3
- -
Dividend per Share
- -
0.01
0.6
- -
- -
0.2
0.15
- -
- -
Book Value per Share
0.95
1.38
3.52
4.57
6.7
6.92
6.59
7.33
7.68
Tangible Book Value per Share
0.84
1.29
3.43
4.5
6.66
6.88
6.57
7.31
7.66
Basic Weighted Avg Shares
120
120
133
153
182
203
204
203
204
Sales/Revenue/Turnover
100
133
175
211
278
287
212
405
424
Operating Margin (%)
52.82
58.83
30.07
73.13
50.49
29.66
11.84
27.5
31.94
Depreciation Expense
4
5
6
9
10
21
30
34
- -
Net Income, GAAP
58
67
45
160
133
80
-31
117
130
Effective Tax Rate (%)
- -
12.78
7.99
- -
6.66
0.16
- -
- -
- -
Profit Margin (%)
57.98
50.28
26.01
75.84
47.79
27.74
-14.71
28.94
30.65
Working Capital
115
181
451
597
1,167
1,117
974
1,147
1,223
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
145
211
537
698
1,364
1,408
1,367
1,510
1,582
Return on Invested Capital (%)
- -
36.04
11.84
- -
12.68
6.06
- -
- -
- -
Return on Capital (%)
- -
36.73
12.04
- -
12.87
5.75
- -
- -
- -
Return on Common Equity (%)
- -
37.46
12.16
25.91
12.88
5.75
-2.24
8.14
8.71

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
206
206
206
Market Capitalization
18,895
23,188
32,152

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,228
1,264
1,273
Cash, Cash Equivalents & STI
300
275
310
Accounts Receivable, Net
565
590
623
Inventories
206
198
203
Total Current Liabilities
81
66
50
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.23%
10.47%
Free Cash Flow
- -
902.25%
-68.52%
Net Income, GAAP
- -
-84.13%
-476.34%
Sales/Revenue/Turnover
- -
24.13%
91.28%
Total Cash Common Dividend
- -
- -
-100%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20
52
29
111
212
2025
92
109
- -
99
405
2026
104
112
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
-0.05
-0.04
- -
-0.15
2025
0.15
0.13
- -
0.13
0.58
2026
0.22
0.15
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.15
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Li Ping Wang
Full Time Employees
221
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Building B Hangzhou ZH China 310030
IPO Date
Jun 6, 2022
Website
zjcckj.com
Business
Zhejiang Chengchang Technology Co., Ltd. Zhejiang Chengchang Technology Co., Ltd. (001270.SZ) engages in the research, development, production, sales, and technical services of microwave and millimeter-wave analog phased array T/R chips based on GaN, GaAs, and silicon-based processes in China. The company offers a comprehensive portfolio of high-performance chips covering L-band to W-band frequencies, including GaAs/GaN power amplifier chips; GaAs low noise amplifier chips; GaAs transceiver front-end chips; transceiver multi-function amplifier chips; amplitude and phase multi-function chips; analog beamforming chips; NC phase shifter chips; CNC attenuator chips; power divider chips; limiter chips; and passive components for phased arrays. Its products serve applications in detection, remote sensing, communication, navigation, electronic countermeasures, satellite internet, 5G millimeter-wave communication, security radar, and radar systems across space-borne, airborne, shipborne, vehicle-mounted, and ground-based platforms, with primary operations in the domestic Chinese market. Founded in November 2010 and headquartered in Hangzhou, Zhejiang Province at Building 3, Yunchuang Gallium Valley R&D Center, No. 428 Wen'er Road or Room 713, Building 5, No. 3 Xiyuan 3rd Road, Sandun Town, Xihu District, the company listed on the main board of the Shenzhen Stock Exchange in June 2022 and operates as a subsidiary of Shenzhen H&T Intelligent Control Co., Ltd. Recent developments include the expiration of a lock-up agreement on certain A shares in June 2024 and a 2021 manufacturing capacity expansion to address surging demand for GaAs power amplifiers, supporting ongoing growth in advanced semiconductor applications.