China Resources Microelectronics Ltd banner

China Resources Microelectronics Ltd
SSE:688396

Watchlist Manager
China Resources Microelectronics Ltd Logo
China Resources Microelectronics Ltd
SSE:688396
Watchlist
Price: 52.69 CNY 2.09% Market Closed
Market Cap: ¥70B

P/B

3.1
Current
3%
More Expensive
vs 3-y average of 3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.1
=
Market Cap
¥77.9B
/
Total Equity
¥22.9B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.1
=
Market Cap
¥77.9B
/
Total Equity
¥22.9B

Valuation Scenarios

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

If P/B returns to its 3-Year Average (3), the stock would be worth ¥50.93 (3% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-20%
Maximum Upside
+47%
Average Upside
9%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.1 ¥52.69
0%
3-Year Average 3 ¥50.93
-3%
5-Year Average 3.5 ¥59.85
+14%
Industry Average 4.5 ¥77.26
+47%
Country Average 2.4 ¥42.23
-20%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
60th
Based on 7 605 companies
60th percentile
3.1
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

China Resources Microelectronics Ltd
Glance View

Market Cap
70B 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
28.34 CNY
Overvaluation 46%
Intrinsic Value
Price ¥52.69
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett