What is Xiamen Changelight Co., Ltd.'s (300102.SZ) StockRank?

MoatMap's StockRank for Xiamen Changelight Co., Ltd. (300102.SZ) is 21/100, with a Sell signal. This is a composite score combining Quality (40), Value (19), and Momentum (52) factor ranks across MoatMap's 19,000+ stock universe.

Does Xiamen Changelight Co., Ltd. have an economic moat?

Xiamen Changelight Co., Ltd. (300102.SZ) has a Quality factor score of 40/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Xiamen Changelight Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Xiamen Changelight Co., Ltd. (300102.SZ) is Sell, based on a StockRank of 21/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Xiamen Changelight Co., Ltd. in?

Xiamen Changelight Co., Ltd. (300102.SZ) operates in the Technology sector, specifically the Semiconductors industry (China).

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300102.SZ

SELLREMOVE

Xiamen Changelight Co., Ltd. · Technology · China · $3.3B · Avg Vol: $166M/d

StockRank

P/E (TTM)

198.5x

ROE

2.7%

D/E

0.2x

Dividend %

0.2%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Xiamen Changelight operates in the highly cyclical and capital-intensive LED chip market, failing our asset-light and high-ROIC criteria.

COMPANY DESCRIPTION

Xiamen Changelight Co., Ltd. develops and manufactures compound semiconductor epitaxial wafers and chips, specializing in high-brightness red, yellow, and orange LED chips, as well as GaAs solar cells. The company's products are widely used in display screens, automotive lighting, and aerospace solar panels. It is a key market leader in the domestic optoelectronic sector, leveraging advanced MOCVD growth technologies and scale-driven cost efficiencies.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	251M	353M	360M	503M	26.1%
EPS	-0.01	0.00	0.01	0.02	100.0%
Shares	904M	913M	920M	920M	+1.9%
Debt	300M	216M	211M	132M	-23.9%
Equity	604M	616M	608M	636M	1.8%
Op CF	70M	40M	81M	83M	5.7%
Inv CF	-125M	-23M	-19M	-8M	—
Fin CF	121M	-76M	-62M	-61M	—

PRICE (1M)-27.0%

SMA 50SMA 200

$3.62

RSI (14)

44.5

52W High

$6.91

From 52W High

0.5%

SCORE BREAKDOWN

Quality

ROIC

2.8%33.7

ROE

2.7%34.0

GP/Assets

5.0%10.2

Op. Margin

1.4%31.2

FCF/Assets

3.0%53.6

Piotroski

—79.6

Int. Cover

4.1x37.5

D/E Ratio

0.21x51.8

Current Ratio

1.79x43.2

Value

P/E (TTM)

198.5x8.5

EV/EBITDA

46.4x19.7

P/FCF

777.9x17.6

P/B

4.9x33.0

P/S

7.2x27.2

Div Yield

0.2%15.7

Momentum

52W High %

52%16.5

RS 6M

9%65.7

SMA 50/200

1.18x66.9

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—84.1

Q Growth

7%38.4

FUNDAMENTALS

Market Cap

$3.3B

P/E (Forward)

54.1x

Gross Margin

10.5%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 300102.SZ are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
300102.SZ	Xiamen Changelight Co., Ltd.(you)	$3.3B	21	SELL
600171.SS	Shanghai Belling Co., Ltd.	$3.0B	21	SELL
301095.SZ	Semitronix Corporation	$2.8B	20	SELL
688362.SS	Forehope Electronic (Ningbo) Co., Ltd.	$3.9B	19	STRONG SELL
688608.SS	Bestechnic (Shanghai) Co., Ltd.	$4.2B	26	SELL
688798.SS	Shanghai Awinic Technology Co.,Ltd.	$2.6B	26	SELL
300474.SZ	Changsha Jingjia Microelectronics Co., Ltd.	$4.5B	16	STRONG SELL
688206.SS	Primarius Technologies Co., Ltd.	$2.5B	28	SELL
6451.TW	ShunSin Technology Holdings Limited	$1.9B	18	STRONG SELL
688220.SS	ASR Microelectronics Co., Ltd.	$6.6B	21	SELL

Peer medians: ROE 3.9% · P/E 77.2x · Gross margin 25.9%

Xiamen Changelight Co., Ltd. (300102.SZ) — Stock Score Summary

Xiamen Changelight Co., Ltd. (300102.SZ) has a MoatMap StockRank of 21/100 based on Quality (40/100), Value (19/100), and Momentum (52/100) factor scores. The current signal is SELL. Xiamen Changelight operates in the highly cyclical and capital-intensive LED chip market, failing our asset-light and high-ROIC criteria.

Key Financial Metrics

Price	$3.62
Market Cap	$3.3B
P/E (TTM)	198.50
P/E (Forward)	54.14
Price/Book	4.92
Return on Equity	2.7%
Return on Invested Capital	2.8%
Debt/Equity	21.00
Gross Margin	10.5%
Operating Margin	1.4%
Revenue Growth	-47.3%
Dividend Yield	0.2%
Free Cash Flow	$4M

Xiamen Changelight Co., Ltd. operates in the Semiconductors industry, part of the Technology sector (China).

Frequently Asked Questions

What is Xiamen Changelight Co., Ltd.’s (300102.SZ) StockRank?: MoatMap’s StockRank for Xiamen Changelight Co., Ltd. (300102.SZ) is 21/100, with a Sell signal. It is a composite of Quality (40), Value (19), and Momentum (52) factor ranks across MoatMap’s 19,000+ stock universe.
Does Xiamen Changelight Co., Ltd. have an economic moat?: Xiamen Changelight Co., Ltd. (300102.SZ) has a Quality factor score of 40/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Xiamen Changelight Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Xiamen Changelight Co., Ltd. (300102.SZ) is Sell, based on a StockRank of 21/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Xiamen Changelight Co., Ltd. in?: Xiamen Changelight Co., Ltd. (300102.SZ) operates in the Technology sector, specifically the Semiconductors industry (China).