ACM Research Shanghai Inc

688082 · SHG · Technology / Semiconductor Equipment & Materials

211.33CNY-2.51 (-1.17%)

Price History

Full chart

Market Stats

Previous Close213.84

Open216.00

Day Range205.55 – 221.61

52-Week Range138.23 – 458.90

Volume5.60M

Market Cap142.80B

P/E (TTM)83.37

Forward P/E40.00

EPS3.53

Dividend Yield0.21%

Beta0.74

50-Day Avg290.65

200-Day Avg236.00

About

ACM Research (Shanghai), Inc. engages in the research, development, production, and sale of semiconductor equipment in China. The company offers cleaning equipment; plating system and panel level packaging; furnace system; track systems; PECVD systems; and stress free polishing systems. It serves IC and compound semi manufacturing, wafer-level and panel level packaging, and wafer manufacturing and reclaim industries. ACM Research (Shanghai), Inc. was founded in 2005 and is based in Shanghai, China. ACM Research (Shanghai), Inc. operates as a subsidiary of ACM Research, Inc.

Company Details

SectorTechnology
IndustrySemiconductor Equipment & Materials
CEOMr. Jian Wang
Employees2.60K
HeadquartersNo. 5, 6, 7, 8, Lane 999, Shanghai, China, 201203, China
Websitehttps://www.acmrcsh.com.cn

Leadership

Mr. Jian WangGM, CEO, President & Director · b. 1965
Ms. Yi Lu FengCFO, Head of Finance & Finance Director · b. 1958
Ms. Mingzhu LuoSecretary of Board of Directors · b. 1983

Financials

Income Statement

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	253.59M	550.27M	756.73M	1.01B	1.62B	2.87B	3.89B	5.62B	6.79B
Growth (%)	-	+116.99%	+37.52%	+33.13%	+60.88%	+77.25%	+35.34%	+44.48%	+20.80%
Cost of Revenue	140.64M	306.80M	415.95M	569.96M	931.75M	1.48B	1.92B	2.90B	3.60B
Gross Profit	112.94M	243.47M	340.79M	437.52M	689.12M	1.39B	1.97B	2.72B	3.18B
Gross Margin	44.54%	44.25%	45.03%	43.43%	42.52%	48.32%	50.57%	48.46%	46.91%
Operating Expense	99.11M	139.58M	185.67M	214.81M	421.16M	671.48M	1.00B	1.42B	1.94B
Operating Income	13.84M	103.89M	155.12M	222.71M	267.96M	716.76M	963.90M	1.30B	1.24B
Operating Margin	5.46%	18.88%	20.50%	22.11%	16.53%	24.95%	24.79%	23.14%	18.27%
EBITDA	2.41M	82.71M	126.29M	145.75M	185.23M	641.25M	870.38M	1.25B	1.38B
EBITDA Margin	0.95%	15.03%	16.69%	14.47%	11.43%	22.32%	22.38%	22.20%	20.41%
Net Income	10.86M	92.53M	134.89M	196.77M	266.25M	668.49M	910.52M	1.15B	1.40B
Net Income Margin	4.28%	16.82%	17.82%	19.53%	16.43%	23.27%	23.42%	20.53%	20.57%
R&D	52.17M	79.41M	99.27M	140.79M	278.39M	379.75M	615.32M	728.95M	943.09M
R&D as % of Total Revenue	20.57%	14.43%	13.12%	13.97%	17.18%	13.22%	15.82%	12.98%	13.90%
Interest Expense	2.08M	5.29M	7.71M	6.65M	6.77M	13.70M	21.46M	29.04M	42.06M
Interest Expense % of Total Revenue	0.82%	0.96%	1.02%	0.66%	0.42%	0.48%	0.55%	0.52%	0.62%

Balance Sheet

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	320.92M	636.02M	1.31B	1.84B	6.34B	8.18B	9.75B	12.13B	18.93B
Total Liabilities	272.56M	490.98M	478.07M	794.85M	1.52B	2.65B	3.30B	4.46B	5.38B
Total Equity	48.36M	145.05M	829.93M	1.05B	4.81B	5.52B	6.46B	7.67B	13.47B
Cash	45.15M	95.83M	440.03M	271.27M	3.40B	1.56B	1.52B	2.63B	4.80B
Total Debt	33.30M	64.84M	96.96M	299.49M	250.41M	554.12M	594.45M	1.02B	1.92B
Net Debt	-11.85M	-30.99M	-343.07M	28.23M	-3.15B	-1.01B	-929.31M	-1.62B	-2.88B

Cash Flow

Currency: CNY	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-8.99M	38.81M	72.71M	-88.24M	-189.18M	-268.72M	-426.96M	1.22B	265.67M
Investing Cash Flow	-2.05M	-14.72M	-264.26M	-260.15M	-69.60M	-1.88B	542.22M	-489.98M	-2.84B
Financing Cash Flow	37.71M	28.90M	534.19M	188.58M	3.39B	272.97M	-163.78M	378.13M	4.78B
Capital Expenditure	2.05M	14.73M	10.17M	355.45M	59.60M	685.57M	398.44M	573.84M	503.96M
Free Cash Flow	-11.04M	24.08M	62.54M	-443.69M	-248.78M	-954.29M	-825.40M	642.30M	-238.30M
Dividends Paid	1.78M	2.64M	7.61M	6.44M	11.35M	11.28M	179.75M	298.31M	288.25M
FCF to OCF	122.82%	62.04%	86.02%	502.80%	131.50%	355.13%	193.32%	52.81%	-89.70%
Dividend Paid to FCF	-16.08%	10.97%	12.17%	-1.45%	-4.56%	-1.18%	-21.78%	46.44%	-120.96%

Earnings

Report Date	Dec 20, 2021	Feb 25, 2022	Apr 27, 2022	Aug 7, 2022	Oct 27, 2022	Feb 24, 2023	Apr 26, 2023	Aug 4, 2023	Oct 27, 2023	Feb 28, 2024	Apr 26, 2024	Aug 7, 2024	Oct 30, 2024	Feb 26, 2025	Aug 6, 2025	Oct 29, 2025	Feb 26, 2026	Mar 31, 2026	Aug 7, 2026
EPS Estimate	-	-	-	-	-	0.42	0.28	0.56	0.58	0.52	0.48	0.68	0.87	0.89	0.85	0.99	0.86	0.58	0.81
EPS Actual	0.14	0.27	0.01	0.54	0.46	0.52	0.25	0.71	0.51	0.53	0.18	0.82	0.52	0.90	1.01	1.27	0.23	0.21	1.83
Surprise	-	-	-	-	-	23.81%	-10.71%	26.79%	-12.07%	1.92%	-62.50%	20.59%	-40.23%	1.12%	18.82%	28.28%	-73.26%	-63.69%	125.93%
Timing	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	After-hours	-	After-hours

Key Statistics & Ratios

Market Cap142.80B

Enterprise Value138.45B

Trailing P/E83.37

Forward P/E40.00

Price / Sales19.73

Price / Book9.68

EPS3.53

Book Value30.30

Revenue (TTM)7.24B

Gross Profit (TTM)3.21B

EBITDA1.26B

Profit Margin23.33%

Operating Margin20.96%

Return on Equity14.78%

Return on Assets4.29%

Shares Outstanding485.27M

Shares Float125.62M

Beta0.74

Dividend Yield0.21%

Dividend Rate0.62

Payout Ratio17.52%

Dividends

20261×

0.62Jul 31, 2026

20251×

0.65Aug 1, 2025

20241×

0.63Jul 19, 2024

20231×

0.37Jul 21, 2023