SICC (2631) Stock Overview

Engages in the research, development, production, and sale of silicon carbide substrate materials in China and internationally. More details

2631 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings are forecast to grow 53.64% per year

Risk Analysis

Volatile share price over the past 3 months compared to the Hong Kong market

2631 Community Fair Values

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SICC Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for SICC
Historical stock prices
Current Share Price	CN¥109.70
52 Week High	CN¥138.70
52 Week Low	CN¥40.82
Beta	0.37
1 Month Change	70.47%
3 Month Change	92.46%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	140.89%

Recent updates

Shareholder Returns

	2631	HK Semiconductor	HK Market
7D	-4.8%	6.9%	-1.5%
1Y	n/a	99.2%	11.3%

Return vs Industry: Insufficient data to determine how 2631 performed against the Hong Kong Semiconductor industry.

Return vs Market: Insufficient data to determine how 2631 performed against the Hong Kong Market.

Price Volatility

Is 2631's price volatile compared to industry and market?
2631 volatility
2631 Average Weekly Movement	15.3%
Semiconductor Industry Average Movement	10.4%
Market Average Movement	7.3%
10% most volatile stocks in HK Market	15.7%
10% least volatile stocks in HK Market	3.5%

Stable Share Price: 2631's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2631's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

Founded	Employees	CEO	Website
2010	1,303	Yanmin Zong	www.sicc.cc

SICC Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of silicon carbide substrate materials in China and internationally. The company is involved in the industrialization of silicon carbide substrates for the renewable energy and AI sectors. It also offers conductive silicon carbide single crystal and semi-insulating substrate materials.

SICC Co., Ltd. Fundamentals Summary

How do SICC's earnings and revenue compare to its market cap?
2631 fundamental statistics
Market cap	HK$81.86b
Earnings (TTM)	-HK$319.84m
Revenue (TTM)	HK$1.64b

52.2x

P/S Ratio

-267.5x

P/E Ratio

Is 2631 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2631 income statement (TTM)
Revenue	CN¥1.42b
Cost of Revenue	CN¥1.30b
Gross Profit	CN¥117.79m
Other Expenses	CN¥395.13m
Earnings	-CN¥277.35m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	-0.57
Gross Margin	8.28%
Net Profit Margin	-19.50%
Debt/Equity Ratio	16.7%

How did 2631 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/23 04:38
End of Day Share Price	2026/05/22 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

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 Github.

Analyst Sources

SICC Co., Ltd. is covered by 12 analysts. 8 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.
Chao Li	Citic Securities Co., Ltd.
Xuwen Huang	Citigroup Inc

SICC Co., Ltd.SEHK:2631 Stock Report