688608 Stock Overview

Engages in the research, design, development, manufacture, and sale of smart audio and video SoC chips in China. More details

688608 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings are forecast to grow 39.68% per year

Earnings grew by 227.6% over the past year

Risk Analysis

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

My Notes

Capture your thoughts, links and company narrative

Bestechnic (Shanghai) Co., Ltd. Competitors

Smartsens Technology (Shanghai)

SHSE:688213

CN¥33.4b

Tongfu MicroelectronicsLtd

SZSE:002156

CN¥45.8b

SG Micro

SZSE:300661

CN¥42.4b

Tianshui Huatian Technology

SZSE:002185

CN¥39.1b

Price History & Performance

Summary of share price highs, lows and changes for Bestechnic (Shanghai)
Historical stock prices
Current Share Price	CN¥348.10
52 Week High	CN¥378.66
52 Week Low	CN¥98.38
Beta	1.54
1 Month Change	37.94%
3 Month Change	140.45%
1 Year Change	154.20%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	160.40%

Recent updates

Shareholder Returns

	688608	CN Semiconductor	CN Market
7D	10.5%	-1.4%	-3.5%
1Y	154.2%	13.1%	10.9%

Return vs Industry: 688608 exceeded the CN Semiconductor industry which returned 13.1% over the past year.

Return vs Market: 688608 exceeded the CN Market which returned 10.9% over the past year.

Price Volatility

Is 688608's price volatile compared to industry and market?
688608 volatility
688608 Average Weekly Movement	12.2%
Semiconductor Industry Average Movement	11.6%
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: 688608's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 688608's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

Founded	Employees	CEO	Website
2015	666	Guoguang Zhao	www.bestechnic.com

Bestechnic (Shanghai) Co., Ltd. engages in the research, design, development, manufacture, and sale of smart audio and video SoC chips in China. The company offers wireless audio, smart wearable, and smart home chips. Its products have applications in smart audio, smart wearables, wireless connectivity and smart home markets.

Bestechnic (Shanghai) Co., Ltd. Fundamentals Summary

How do Bestechnic (Shanghai)'s earnings and revenue compare to its market cap?
688608 fundamental statistics
Market cap	CN¥41.59b
Earnings (TTM)	CN¥294.95m
Revenue (TTM)	CN¥3.09b

141.0x

P/E Ratio

13.5x

P/S Ratio

Is 688608 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
688608 income statement (TTM)
Revenue	CN¥3.09b
Cost of Revenue	CN¥2.12b
Gross Profit	CN¥966.02m
Other Expenses	CN¥671.07m
Earnings	CN¥294.95m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.47
Gross Margin	31.31%
Net Profit Margin	9.56%
Debt/Equity Ratio	0.3%

How did 688608 perform over the long term?

See historical performance and comparison

Dividends

0.05%

Current Dividend Yield

6%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 02:31
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

Bestechnic (Shanghai) Co., Ltd. is covered by 14 analysts. 9 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
Feng Gao	China Galaxy Securities Co., Ltd.
Hu Peng	China International Capital Corporation Limited
Fan Yan	China Merchants Securities Co. Ltd.