Wafer Works (Shanghai) Co., Ltd.

688584 · SHG · Technology / Semiconductor Equipment & Materials

19.38CNY-0.45 (-2.27%)

Price History

Full chart

Market Stats

Previous Close19.83

Open20.00

Day Range19.21 – 20.47

52-Week Range17.16 – 49.69

Volume8.07M

Market Cap13.01B

P/E (TTM)194.40

Forward P/E0.00

EPS0.10

Dividend Yield0.51%

50-Day Avg23.91

200-Day Avg25.41

About

Wafer Works (Shanghai) Co., Ltd. operates as an integrated manufacturer of semiconductor silicon epitaxial wafers in China, North America, Europe, and other Asian countries. It offers semiconductor silicon epitaxial wafers, buried epitaxial wafers, polished section OEMs, and integrated epitaxial substrates used in the production of power devices and analog chips, as well as in the fields of automobiles, communications, electric power, industry, consumer electronics, and high-end equipment. The company was formerly known as Shanghai Second Smelters Factory 901. The company was founded in 1960 and is based in Shanghai, China.

Company Details

SectorTechnology
IndustrySemiconductor Equipment & Materials
CEOMr. Jiangang Chen
Employees1.03K
HeadquartersNo.558, Shanghai, China, 201617, China
Websitehttps://www.waferworks.com.cn

Leadership

Mr. Jiangang ChenGM & Director · b. 1975
Mr. Shibin FangChief Financial Officer · b. 1981
Mr. Zhuangzi FangSecretary of the Board of Directors · b. 1971
Chong Guang ChenAccounting Supervisor

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.56B	1.35B	1.11B	1.31B
Growth (%)	-	-13.38%	-17.76%	+18.27%
Cost of Revenue	890.15M	840.91M	786.73M	929.49M
Gross Profit	666.27M	507.26M	322.01M	381.85M
Gross Margin	42.81%	37.63%	29.04%	29.12%
Operating Expense	200.99M	209.52M	184.23M	232.17M
Operating Income	465.27M	297.74M	137.78M	149.69M
Operating Margin	29.89%	22.08%	12.43%	11.41%
EBITDA	689.35M	569.47M	432.83M	438.20M
EBITDA Margin	44.29%	42.24%	39.04%	33.42%
Net Income	364.89M	246.86M	120.78M	125.35M
Net Income Margin	23.44%	18.31%	10.89%	9.56%
R&D	125.49M	116.64M	99.93M	114.21M
R&D as % of Total Revenue	8.06%	8.65%	9.01%	8.71%
Interest Expense	45.39M	41.91M	20.99M	2.55M
Interest Expense % of Total Revenue	2.92%	3.11%	1.89%	0.19%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	3.75B	3.67B	4.57B	4.91B
Total Liabilities	1.17B	884.62M	430.18M	783.70M
Total Equity	2.58B	2.79B	4.14B	4.13B
Cash	478.30M	442.87M	1.30B	671.49M
Net Debt	91.54M	171.02M	-	-

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	755.60M	578.37M	448.23M	406.84M
Capital Expenditure	265.91M	372.53M	328.30M	1.19B
Free Cash Flow	489.69M	205.84M	119.94M	-781.71M
Dividends Paid	93.56M	99.28M	219.53M	140.04M
FCF to OCF	64.81%	35.59%	26.76%	-192.14%
Dividend Paid to FCF	19.11%	48.23%	183.04%	-17.92%

Key Statistics & Ratios

Market Cap13.01B

Enterprise Value13.29B

Trailing P/E194.40

Forward P/E0.00

Price / Sales10.36

Price / Book3.15

EPS0.10

Book Value5.44

Revenue (TTM)1.26B

Gross Profit (TTM)328.84M

EBITDA377.26M

Profit Margin5.53%

Operating Margin16.51%

Return on Equity1.68%

Return on Assets1.12%

Shares Outstanding669.20M

Shares Float176.46M

Dividend Yield0.51%

Dividend Rate0.10

Payout Ratio99.44%