Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688200.SS
BUYAPPROVEBeijing Huafeng Test & Control Technology Co.,Ltd. · Technology · China · $12.1B · Avg Vol: $388M/d
Beijing Huafeng Test & Control is a high-quality (Q: 72) semiconductor testing equipment specialist. As advanced packaging (CoWoS) scales, testing complexity and volume grow exponentially. Huafeng's leading position in analog and mixed-signal testing equipment gives it a massive structural tailwind as China localizes its semiconductor supply chain. This is a highly profitable, asset-light business with a deep technological moat.
COMPANY DESCRIPTION
Beijing Huafeng Test & Control Technology Co., Ltd. designs and manufactures semiconductor test equipment, specializing in analog and mixed-signal integrated circuit test systems. Its competitive moat is established by its dominant domestic market share in analog IC testing, successfully challenging international giants like Teradyne. The company is a market leader in China's semiconductor ATE industry, currently expanding into GaN/SiC power semiconductor testing.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 158.2M | 102.1M | 133.8M | 199.0M | 7.9% |
| EPS | 0.58 | 0.27 | 0.37 | 0.59 | 0.4% |
| Shares | 134.8M | 135.4M | 135.4M | 135.5M | +0.6% |
| Debt | 0.8M | 0.5M | 2.2M | 3.5M | 64.0% |
| Equity | 463.9M | 492.5M | 527.6M | 602.7M | 9.1% |
| Op CF | 58.2M | 47.5M | 27.8M | 45.0M | -8.2% |
| Inv CF | -41.6M | -37.4M | 11.4M | -7.5M | — |
| Fin CF | -16.5M | -15.2M | -18.1M | -14.7M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688200.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688200.SS | Beijing Huafeng Test & Control Technology Co.,Ltd.(you) | $12.1B | 75 | BUY |
| 688313.SS | Henan Shijia Photons Technology Co., Ltd. | $12.2B | 65 | BUY |
| 000100.SZ | TCL Technology Group Corporation | $15.3B | 85 | STRONG BUY |
| 688019.SS | Anji Microelectronics Technology (Shanghai) Co., Ltd. | $8.6B | 67 | BUY |
| 002409.SZ | Jiangsu Yoke Technology Co., Ltd. | $11.6B | 61 | HOLD |
| 603806.SS | Hangzhou First Applied Material Co., Ltd. | $6.7B | 70 | BUY |
| 688127.SS | Zhejiang Lante Optics Co., Ltd. | $5.2B | 80 | STRONG BUY |
| 688120.SS | Hwatsing Technology Co., Ltd. | $17.2B | 59 | HOLD |
| 605111.SS | Wuxi NCE Power Co.,Ltd. | $4.6B | 69 | BUY |
| 300604.SZ | Hangzhou Changchuan Technology Co.,Ltd | $25.2B | 64 | HOLD |
Peer medians: ROE 3.9% · P/E 77.3x · Gross margin 25.9%