CXMT Corporation

688825 · SHG · Technology / Semiconductors

39.98CNY-0.99 (-2.42%)

Price History

Full chart

Market Stats

Previous Close40.97

Open41.44

Day Range39.88 – 41.65

52-Week Range38.11 – 61.80

Volume246.73M

Market Cap2.84T

P/E (TTM)30.74

Forward P/E7.77

EPS1.36

Dividend Yield0.00%

50-Day Avg52.04

200-Day Avg52.63

About

CXMT Corporation engages in the research and development, design, manufacturing, and sales of dynamic random access memory chips in China and Internationally. Its products include DDR4, DDR5, LPDDR4X, LPDDR5/5X, DRAM wafers, DRAM module. The company's other products and services include providing technology and research and development services, wafer foundry services, and sales of related photomask products. It serves servers, mobile devices, personal computers, and smart cars. The company was founded in 2016 and is based in Hefei, China.

Company Details

SectorTechnology
IndustrySemiconductors
CEOMr. Lun Zhao
Employees19.30K
HeadquartersNo.388, Xingye Avenue, Hefei, China, 230088, China
Websitehttps://www.cxmt.com

Leadership

Mr. Lun ZhaoGeneral Manager · b. 1953
Dr. Kanyu CaoPresident & Director · b. 1971
Mr. Yu ZhangCo-President · b. 1970
Ms. Dan Yang HuangCFO & Senior VP · b. 1968
Mr. Peng Xi FengSenior VP & Head of Strategic Investment · b. 1974
Mr. Hong Wen LiSenior Vice President · b. 1975
Ms. Wen Ju ZhuExecutive Vice President · b. 1967
Ms. Yuan YuanVP & Board Secretary · b. 1981

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	8.29B	9.09B	24.18B	61.80B
Growth (%)	-	+9.66%	+166.07%	+155.60%
Cost of Revenue	8.55B	9.26B	22.83B	36.47B
Gross Profit	-259.08M	-175.42M	1.35B	25.33B
Gross Margin	-3.13%	-1.93%	5.58%	40.99%
Operating Expense	3.15B	5.43B	5.57B	14.22B
Operating Income	-3.41B	-5.61B	-4.22B	11.11B
Operating Margin	-41.15%	-61.69%	-17.47%	17.98%
EBITDA	-2.04B	-4.97B	9.47B	37.12B
EBITDA Margin	-24.68%	-54.64%	39.19%	60.07%
Net Income	-8.33B	-16.34B	-7.14B	1.87B
Net Income Margin	-100.50%	-179.81%	-29.55%	3.03%
R&D	2.49B	4.52B	4.61B	9.59B
R&D as % of Total Revenue	30.01%	49.75%	19.06%	15.52%
Interest Expense	1.19B	2.34B	2.67B	2.99B
Interest Expense % of Total Revenue	14.33%	25.76%	11.04%	4.84%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	147.69B	192.76B	271.60B	336.78B
Total Liabilities	83.48B	127.64B	167.34B	182.68B
Total Equity	49.67B	35.60B	41.42B	56.75B
Cash	32.07B	31.37B	42.70B	51.99B
Net Debt	33.66B	60.45B	55.09B	76.51B

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-1.96B	-7.27B	6.90B	36.52B
Capital Expenditure	35.43B	43.66B	71.23B	49.74B
Free Cash Flow	-37.39B	-50.93B	-64.33B	-13.22B
Dividends Paid	1.27B	2.71B	3.20B	3.08B
FCF to OCF	1910.31%	700.39%	-932.69%	-36.20%
Dividend Paid to FCF	-3.38%	-5.31%	-4.98%	-23.28%

Earnings

Report Date	Aug 28, 2026	Oct 30, 2026
EPS Estimate	0.46	0.85
EPS Actual	0.87	0.66
Surprise	89.13%	-22.35%
Timing	After-hours	After-hours

Key Statistics & Ratios

Market Cap2.84T

Enterprise Value2.80T

Trailing P/E30.74

Forward P/E7.77

PEG Ratio0.07

Price / Sales9.50

Price / Book21.06

EPS1.36

Book Value2.24

Revenue (TTM)298.74B

Gross Profit (TTM)250.66B

EBITDA266.83B

Profit Margin46.59%

Operating Margin86.17%

Return on Equity0.00%

Return on Assets0.00%

Shares Outstanding67.88B

Shares Float26.22B

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%