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China Resources Microelectronics Ltd
SSE:688396

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China Resources Microelectronics Ltd
SSE:688396
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Price: 55.16 CNY 0.79% Market Closed
Market Cap: ¥73.3B

EV/S

5
Current
4%
Cheaper
vs 3-y average of 5.2

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
5
=
Enterprise Value
¥58.2B
/
Revenue
¥11.6B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
5
=
Enterprise Value
¥58.2B
/
Revenue
¥11.6B

Valuation Scenarios

China Resources Microelectronics Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (5.2), the stock would be worth ¥57.27 (4% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-35%
Maximum Upside
+64%
Average Upside
11%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 5 ¥55.16
0%
3-Year Average 5.2 ¥57.27
+4%
5-Year Average 5.6 ¥61.72
+12%
Industry Average 8.3 ¥90.32
+64%
Country Average 3.3 ¥36.12
-35%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥58.2B
/
Apr 2026
¥11.6B
=
5
Current
¥58.2B
/
Dec 2026
¥12.7B
=
4.6
Forward
¥58.2B
/
Dec 2027
¥14.7B
=
4
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
CN
China Resources Microelectronics Ltd
SSE:688396
67.5B CNY 5 74.4
US
NVIDIA Corp
NASDAQ:NVDA
5.3T USD 23.3 42.4
US
Broadcom Inc
NASDAQ:AVGO
2T USD 28.2 75.1
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
58.7T TWD 13.5 30.8
US
Micron Technology Inc
NASDAQ:MU
591.7B USD 9.5 23.1
US
Advanced Micro Devices Inc
NASDAQ:AMD
545.4B USD 14.8 119.8
KR
SK Hynix Inc
KRX:000660
701.7T KRW 9.3 21.1
US
Intel Corp
NASDAQ:INTC
426.9B USD 7.8 -129.3
US
Texas Instruments Inc
NASDAQ:TXN
244.4B USD 13.6 45.4
UK
Arm Holdings PLC
NASDAQ:ARM
229.3B USD 44.2 261.7
US
Analog Devices Inc
NASDAQ:ADI
191.7B USD 16.3 69.3

Market Distribution

In line with most companies in China
Percentile
63rd
Based on 7 593 companies
63rd percentile
5
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

China Resources Microelectronics Ltd
Glance View

Market Cap
73.3B CNY
Industry
Semiconductors

In the bustling landscape of China's semiconductor industry, China Resources Microelectronics Ltd. stands out as a key player, weaving its narrative of innovation and resilience. As a subsidiary of the China Resources Group, its journey is deeply intertwined with the country's broader push towards technological self-sufficiency. The company specializes in the production of ICs (integrated circuits) which are the backbone of numerous modern electronics. With a diverse product portfolio that spans power devices, analog circuits, and microcontrollers, China Resources Microelectronics effectively taps into both consumer electronics and industrial applications. This strategic diversification allows it to penetrate various sectors, ensuring that it remains relevant amid the industry's rapid evolution. The company’s revenue stream is primarily generated from the sale of these semiconductor products to a wide array of clients, encompassing both commercial and governmental entities. By leveraging its well-established research and development capabilities, China Resources Microelectronics constantly seeks to push the envelope in terms of product quality and efficiency. Furthermore, its manufacturing prowess is bolstered by advanced fabrication facilities, enabling it to maintain a competitive edge in cost management and production scalability. Through a combination of strategic partnerships, aggressive market expansion, and continuous innovation, China Resources Microelectronics not only fortifies its position in the domestic market but also sets its sights on expanding its footprint in the global arena.

Intrinsic Value
30.72 CNY
Overvaluation 44%
Intrinsic Value
Price ¥55.16
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