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Montage Technology Co Ltd

Montage Technology Co Ltd

688008 · SHG · Technology / Semiconductors

150.97CNY-11.92 (-7.32%)

Price History

Full chart

Market Stats

Previous Close162.89
Open164.00
Day Range149.63 – 165.00
52-Week Range112.00 – 332.90
Volume34.01M
Market Cap246.93B
P/E (TTM)77.51
Forward P/E32.57
EPS2.61
Dividend Yield0.29%
Beta1.63
50-Day Avg205.63
200-Day Avg191.53

About

Montage Technology Co., Ltd., an integrated circuit (IC) design company, provides IC-based solutions for cloud computing and AI infrastructure in the People's Republic of China. The company provides components for memory modules, such as multiplexed rank registering clock driver, multiplexed rank data buffer, registering clock driver, data buffer, clock driver, SPD EEPROM with hub, temperature sensor, and power management IC, as well as server and client memory module products. It also offers DDR5 PMIC, SPD Hub, and TS; PCIe retimers; CXL Memory eXpander Controller, a Type 3 Compute Express Link DRAM memory controller; clock chips; and Jintide server platform. Montage Technology Co., Ltd. was founded in 2004 and is based in Shanghai, the People's Republic of China.

Company Details

  • SectorTechnology
  • IndustrySemiconductors
  • CEODr. Chonghe Yang
  • Employees815
  • HeadquartersMontage Circle, Shanghai, China, 200233, China
  • Websitehttps://www.montage-tech.com

Leadership

  • Dr. Chonghe YangChairman, CEO & Chief Scientist · b. 1958
  • Mr. Kuong-Io TaiPresident, GM & Director · b. 1971
  • Ms. Lin SuVP, CFO & Accounting Supervisor · b. 1972
  • Ms. Fu XiaoJoint Company Secretary · b. 1986
  • Ms. Yi ShiDirector of Marketing Communications & Public Relations · b. 1988
  • Ms. Siu Kuen Lai FCIS, FCSJoint Company Secretary · b. 1976

Financials

Income Statement

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue558.33M942.26M1.76B1.74B1.82B2.56B3.67B2.29B3.64B5.46B
Growth (%)-+68.77%+86.54%-1.13%+4.94%+40.49%+43.33%-37.76%+59.20%+49.94%
Cost of Revenue77.57M369.48M529.08M540.48M520.93M1.33B1.99B1.13B1.57B2.06B
Gross Profit480.76M572.79M1.23B1.20B1.30B1.23B1.68B1.15B2.07B5.46B
Gross Margin86.11%60.79%69.90%68.90%71.44%48.05%45.73%50.49%56.91%100.00%
Operating Expense391.39M210.09M445.69M218.04M104.43M315.95M264.96M681.96M657.96M3.13B
Operating Income89.37M362.70M782.90M979.21M1.20B915.01M1.41B472.04M1.41B2.32B
Operating Margin16.01%38.49%44.54%56.35%65.71%35.71%38.52%20.65%38.83%42.55%
EBITDA215.33M343.71M806.50M1.01B1.24B964.20M1.45B561.79M1.52B2.43B
EBITDA Margin38.57%36.48%45.88%58.07%67.75%37.63%39.58%24.58%41.82%44.51%
Net Income92.80M346.92M736.88M932.86M1.10B829.14M1.30B450.91M1.41B2.24B
Net Income Margin16.62%36.82%41.92%53.68%60.52%32.36%35.38%19.73%38.80%40.97%
R&D198.23M188.27M276.70M266.86M299.88M369.85M563.49M681.81M763.47M915.03M
R&D as % of Total Revenue35.50%19.98%15.74%15.36%16.44%14.44%15.34%29.83%20.98%16.77%
Interest Expense00115.07K138.99K150.75K1.19M1.03M971.32K1.51M1.73M
Interest Expense % of Total Revenue0.00%0.00%0.01%0.01%0.01%0.05%0.03%0.04%0.04%0.03%

Balance Sheet

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.12B1.47B4.18B7.78B8.42B8.96B10.69B10.70B12.22B13.75B
Total Liabilities238.32M287.69M564.91M451.03M349.19M567.86M758.79M490.92M822.41M-12.26B
Total Equity883.02M1.19B3.62B7.33B8.07B8.39B9.91B10.19B11.40B12.26B
Cash454.35M687.79M3.68B7.26B5.47B5.10B5.87B5.74B6.84B8.48B
Total Debt----24.73M32.85M20.71M15.49M28.80M-
Net Debt-454.35M-687.79M-3.68B-7.26B-5.45B-5.07B-5.85B-5.73B-6.81B-

Cash Flow

Currency: CNY2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow387.08M226.83M969.15M868.96M1.00B680.41M688.84M731.25M1.69B2.02B
Investing Cash Flow-222.67M37.72M-99.92M-2.01B-343.77M68.91M63.44M-574.24M-443.47M-
Financing Cash Flow-29.53M1.69B1.69B2.69B-339.09M-609.14M-270.09M-372.11M-276.94M-
Capital Expenditure4.61M57.63M17.89M21.57M439.33M153.47M226.86M423.99M379.12M265.83M
Free Cash Flow382.47M169.20M951.25M847.39M560.78M526.95M461.98M307.26M1.31B1.76B
Dividends Paid-239.83M239.83M292.31M338.94M339.31M338.94M341.40M338.19M670.00M
FCF to OCF98.81%74.59%98.15%97.52%56.07%77.44%67.07%42.02%77.58%86.85%
Dividend Paid to FCF-141.75%25.21%34.50%60.44%64.39%73.37%111.11%25.77%38.15%

Earnings

Report DateApr 28, 2019Aug 29, 2019Oct 29, 2019Feb 26, 2020Apr 24, 2020Aug 14, 2020Oct 29, 2020Feb 25, 2021Apr 29, 2021Aug 27, 2021Oct 28, 2021Feb 9, 2022Apr 28, 2022Aug 9, 2022Oct 30, 2022Feb 21, 2023Apr 27, 2023Aug 23, 2023Oct 30, 2023Feb 26, 2024Apr 25, 2024Jun 30, 2024Oct 30, 2024Feb 24, 2025Aug 29, 2025Oct 30, 2025Mar 30, 2026Apr 27, 2026Aug 28, 2026
EPS Estimate0.000.000.260.220.270.260.340.200.200.160.170.220.260.230.230.280.230.140.200.240.230.330.340.350.470.560.520.440.66
EPS Actual0.470.440.270.170.190.270.140.200.070.150.160.280.270.330.280.270.020.050.130.190.200.320.340.380.520.330.490.520.59
Surprise--3.85%-22.73%-29.63%3.85%-58.82%0.00%-65.00%-6.25%-5.88%27.27%3.85%43.48%21.74%-3.57%-91.30%-64.29%-35.00%-20.83%-13.04%-3.03%0.00%8.57%10.64%-41.07%-5.77%18.18%-10.61%
TimingAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap246.93B
Enterprise Value257.65B
Trailing P/E77.51
Forward P/E32.57
Price / Sales40.10
Price / Book12.67
EPS2.61
Book Value17.79
Revenue (TTM)6.16B
Gross Profit (TTM)3.96B
EBITDA2.27B
Profit Margin49.91%
Operating Margin36.07%
Return on Equity17.66%
Return on Assets7.48%
Shares Outstanding1.14B
Shares Float1.12B
Beta1.63
Dividend Yield0.29%
Dividend Rate0.59
Payout Ratio7.66%

Dividends

20231×
0.30Aug 11, 2023
20221×
0.30Aug 5, 2022
20211×
0.30Jun 25, 2021
20201×
0.30Jul 6, 2020