688432 Stock Overview

Engages in the research, development, production, and operation of silicon and other semiconductor materials and equipment in China. More details

688432 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	1/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (62x) is below the Semiconductor industry average (64.5x)

Earnings are forecast to grow 25.29% per year

Risk Analysis

Dividend of 0.62% is not well covered by free cash flows

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

GRINM Semiconductor Materials Co., Ltd. Competitors

Beijing Huafeng Test & Control TechnologyLtd

SHSE:688200

CN¥14.1b

Shanghai Sinyang Semiconductor Materials

SZSE:300236

CN¥11.6b

Wuhan DR Laser TechnologyLtd

SZSE:300776

CN¥17.3b

Shaanxi Lighte Optoelectronics MaterialLtd

SHSE:688150

CN¥9.0b

Price History & Performance

Summary of share price highs, lows and changes for GRINM Semiconductor Materials
Historical stock prices
Current Share Price	CN¥11.30
52 Week High	CN¥14.50
52 Week Low	CN¥7.45
Beta	1.04
1 Month Change	-7.98%
3 Month Change	-2.75%
1 Year Change	-7.91%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-8.65%

Recent updates

Shareholder Returns

	688432	CN Semiconductor	CN Market
7D	-6.5%	-4.3%	-2.4%
1Y	-7.9%	9.6%	6.6%

Return vs Industry: 688432 underperformed the CN Semiconductor industry which returned 12% over the past year.

Return vs Market: 688432 underperformed the CN Market which returned 8.2% over the past year.

Price Volatility

Is 688432's price volatile compared to industry and market?
688432 volatility
688432 Average Weekly Movement	9.2%
Semiconductor Industry Average Movement	10.5%
Market Average Movement	8.2%
10% most volatile stocks in CN Market	12.2%
10% least volatile stocks in CN Market	5.1%

Stable Share Price: 688432 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 688432's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	807	Guohu Zhang	www.gritek.com

GRINM Semiconductor Materials Co., Ltd. engages in the research, development, production, and operation of silicon and other semiconductor materials and equipment in China. The company offers large-diameter silicon single crystals and products, such as silicon rods, rings, and slices; zone-melted silicon single crystals; and heavily doped, lightly doped, and zone fused wafers, as well as corrosion sheets. It also provides related technology development, technology transfer and technical consulting services.

GRINM Semiconductor Materials Co., Ltd. Fundamentals Summary

How do GRINM Semiconductor Materials's earnings and revenue compare to its market cap?
688432 fundamental statistics
Market cap	CN¥14.06b
Earnings (TTM)	CN¥226.68m
Revenue (TTM)	CN¥943.18m

62.0x

P/E Ratio

14.9x

P/S Ratio

Is 688432 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688432 income statement (TTM)
Revenue	CN¥943.18m
Cost of Revenue	CN¥618.29m
Gross Profit	CN¥324.90m
Other Expenses	CN¥98.21m
Earnings	CN¥226.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 31, 2025

Earnings per share (EPS)	0.18
Gross Margin	34.45%
Net Profit Margin	24.03%
Debt/Equity Ratio	0%

How did 688432 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

6%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 06:00
End of Day Share Price	2024/12/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GRINM Semiconductor Materials Co., Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Chao Li	Citic Securities Co., Ltd.