How does 688439's PE Ratio compare to its peers?

688439 is good value based on its Price-To-Earnings Ratio (24.1x) compared to the peer average (65.4x).

How does 688439's PE Ratio compare vs other companies in the CN Semiconductor Industry?

688439 is good value based on its Price-To-Earnings Ratio (24.1x) compared to the CN Semiconductor industry average (66x).

What is 688439's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

688439 is good value based on its Price-To-Earnings Ratio (24.1x) compared to the estimated Fair Price-To-Earnings Ratio (40.3x).

What is the Fair Price of 688439 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

688439 (CN¥55.76) is trading above our estimate of [[fair value]] (CN¥9.62)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

688439 Stock Overview

Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. More details

688439 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	2/6
Financial Health	5/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (24.1x) is below the CN market (36.3x)

Earnings are forecast to grow 28.83% per year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months compared to the CN market

Dividend of 1.26% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. Competitors

Suzhou Good-Ark Electronics

SZSE:002079

CN¥8.9b

Lontium Semiconductor

SHSE:688486

CN¥8.2b

Southchip Semiconductor Technology(Shanghai)

SHSE:688484

CN¥17.2b

Fortior Technology (Shenzhen)

SHSE:688279

CN¥15.7b

Price History & Performance

Summary of share price highs, lows and changes for Guizhou Zhenhua Fengguang Semiconductor
Historical stock prices
Current Share Price	CN¥55.76
52 Week High	CN¥90.90
52 Week Low	CN¥41.58
Beta	-0.20
1 Month Change	-8.21%
3 Month Change	32.23%
1 Year Change	-36.37%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-38.87%

Recent updates

Shareholder Returns

	688439	CN Semiconductor	CN Market
7D	-2.9%	2.6%	-1.2%
1Y	-36.4%	16.8%	11.8%

Return vs Industry: 688439 underperformed the CN Semiconductor industry which returned 13.1% over the past year.

Return vs Market: 688439 underperformed the CN Market which returned 10.9% over the past year.

Price Volatility

Is 688439's price volatile compared to industry and market?
688439 volatility
688439 Average Weekly Movement	11.4%
Semiconductor Industry Average Movement	11.7%
Market Average Movement	8.7%
10% most volatile stocks in CN Market	12.8%
10% least volatile stocks in CN Market	5.7%

Stable Share Price: 688439's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688439's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
1971	838	n/a	www.semifg.com

Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. designs, develops, manufactures, and sells integrated circuits in China. It offers hybrid, monolithic, and other integrated circuits.

Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. Fundamentals Summary

How do Guizhou Zhenhua Fengguang Semiconductor's earnings and revenue compare to its market cap?
688439 fundamental statistics
Market cap	CN¥11.15b
Earnings (TTM)	CN¥462.40m
Revenue (TTM)	CN¥1.11b

24.1x

P/E Ratio

10.0x

P/S Ratio

Is 688439 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688439 income statement (TTM)
Revenue	CN¥1.11b
Cost of Revenue	CN¥324.71m
Gross Profit	CN¥789.69m
Other Expenses	CN¥327.28m
Earnings	CN¥462.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.31
Gross Margin	70.86%
Net Profit Margin	41.49%
Debt/Equity Ratio	2.3%

How did 688439 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

30%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 08:54
End of Day Share Price	2024/12/20 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

Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. is covered by 8 analysts. 5 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 Wang	China Merchants Securities Co. Ltd.
Chenshuo Fu	Citic Securities Co., Ltd.
Cong Li	Huatai Research