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	1/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings are forecast to grow 50.01% per year

Risk Analysis

Profit margins (2.3%) are lower than last year (9.7%)

Large one-off items impacting financial results

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¥52.20
52 Week High	CN¥65.85
52 Week Low	CN¥43.22
Beta	0.15
1 Month Change	-3.60%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-10.85%

Recent updates

Shareholder Returns

	2631	HK Semiconductor	HK Market
7D	14.3%	-3.2%	1.8%
1Y	n/a	122.2%	39.6%

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	8.9%
Semiconductor Industry Average Movement	8.5%
Market Average Movement	7.0%
10% most volatile stocks in HK Market	14.7%
10% least volatile stocks in HK Market	3.2%

Stable Share Price: 2631 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2631's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2010	1,298	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 engages 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$38.58b
Earnings (TTM)	HK$40.64m
Revenue (TTM)	HK$1.75b

991.7x

P/E Ratio

23.0x

P/S 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¥1.60b
Cost of Revenue	CN¥1.28b
Gross Profit	CN¥316.77m
Other Expenses	CN¥279.66m
Earnings	CN¥37.11m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0.077
Gross Margin	19.81%
Net Profit Margin	2.32%
Debt/Equity Ratio	13.9%

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	2025/11/14 14:41
End of Day Share Price	2025/11/14 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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 16 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.
Chao Li	Citic Securities Co., Ltd.
Xuwen Huang	Citigroup Inc

SICC Co., Ltd.SHSC:2631 Stock Report