Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688037.SS
SELLAPPROVEKINGSEMI Co., Ltd. · Technology · China · $8.6B · Avg Vol: $443M/d
Kingsemi is China's leading producer of photolithography track equipment, capturing significant market share from global peers amid aggressive domestic localization. As Chinese foundries rapidly expand mature and advanced packaging nodes to bypass Western export restrictions, Kingsemi's advanced packaging track systems see explosive demand. This creates a highly asymmetric, policy-backed growth runway that is insulated from global macro slowdowns, offering high ROIC and a deep technological moat.
COMPANY DESCRIPTION
KINGSEMI Co., Ltd. develops and manufactures semiconductor front-end track and lithography equipment, including coater/developer systems and cleaning systems. As a critical player in China's domestic semiconductor supply chain, the company has successfully broken foreign monopolies in high-end track equipment. It serves major domestic foundries, benefiting directly from national semiconductor localization initiatives.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 204.6M | 253.7M | 259.1M | 287.9M | 12.1% |
| EPS | 0.23 | 0.27 | 0.15 | 0.05 | -38.7% |
| Shares | 198.8M | 199.9M | 201.0M | 201.6M | +1.4% |
| Debt | 20.1M | 127.6M | 191.2M | 223.1M | 123.2% |
| Equity | 311.3M | 351.8M | 397.7M | 412.7M | 9.9% |
| Op CF | 28.5M | -83.2M | 65.3M | 15.2M | -18.9% |
| Inv CF | -36.4M | -74.6M | -29.8M | -29.0M | — |
| Fin CF | 132.5M | 103.4M | 90.1M | 27.6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688037.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688037.SS | KINGSEMI Co., Ltd.(you) | $8.6B | 24 | SELL |
| 688234.SS | SICC Co., Ltd. | $11.3B | 24 | SELL |
| 300751.SZ | Suzhou Maxwell Technologies Co., Ltd. | $9.2B | 29 | SELL |
| 688048.SS | Suzhou Everbright Photonics Co., Ltd. | $10.7B | 27 | SELL |
| 688361.SS | Skyverse Technology Co., Ltd. | $13.9B | 24 | SELL |
| 002185.SZ | Tianshui Huatian Technology Co., Ltd. | $10.0B | 33 | SELL |
| 002129.SZ | TCL Zhonghuan Renewable Energy Technology Co.,Ltd. | $6.2B | 17 | STRONG SELL |
| 688757.SS | Wintech Nano (Suzhou) Co., Ltd. | $4.4B | 20 | SELL |
| 301611.SZ | Suzhou Kematek, Inc. | $8.1B | 40 | HOLD |
| 300666.SZ | Konfoong Materials International Co., Ltd | $12.6B | 34 | SELL |
Peer medians: ROE 3.9% · P/E 77.3x · Gross margin 25.9%