Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688234.SS
SELLREMOVESICC Co., Ltd. · Technology · China · $11.3B · Avg Vol: $597M/d
SICC produces silicon carbide (SiC) substrates. While SiC is critical for power electronics, the industry is entering a phase of massive global capacity additions, leading to price erosion and low capital efficiency.
COMPANY DESCRIPTION
SICC is a leading manufacturer of wide-bandgap semiconductor materials, specializing in silicon carbide (SiC) substrates for power electronics and RF applications. The company's competitive moat lies in its advanced crystal growth techniques and high-yield production of 6-inch and 8-inch SiC wafers. SICC is a key market leader in China's third-generation semiconductor materials sector, positioned to capture growth in electric vehicles and smart grids.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 61.6M | 184.8M | 261.3M | 216.5M | 52.0% |
| EPS | -0.06 | -0.02 | 0.06 | -0.07 | — |
| Shares | 429.7M | 429.7M | 429.7M | 484.6M | +12.8% |
| Debt | 0.6M | 2.7M | 103.4M | 157.0M | 545.6% |
| Equity | 775.9M | 772.3M | 785.1M | 1.1B | 11.0% |
| Op CF | -8.7M | 1.9M | 9.7M | 34.1M | 321.3% |
| Inv CF | -410.9M | 18.2M | -43.2M | -76.8M | — |
| Fin CF | 469.7M | -0.9M | 84.4M | 336.6M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688234.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688234.SS | SICC Co., Ltd.(you) | $11.3B | 24 | SELL |
| 688048.SS | Suzhou Everbright Photonics Co., Ltd. | $10.7B | 27 | SELL |
| 688361.SS | Skyverse Technology Co., Ltd. | $13.9B | 24 | SELL |
| 688037.SS | KINGSEMI Co., Ltd. | $8.6B | 24 | SELL |
| 300751.SZ | Suzhou Maxwell Technologies Co., Ltd. | $9.2B | 29 | SELL |
| 002185.SZ | Tianshui Huatian Technology Co., Ltd. | $10.0B | 33 | SELL |
| 300666.SZ | Konfoong Materials International Co., Ltd | $12.6B | 34 | SELL |
| 300316.SZ | Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. | $11.1B | 37 | HOLD |
| 688126.SS | National Silicon Industry Group Co., Ltd. | $16.6B | 16 | STRONG SELL |
| 601012.SS | LONGi Green Energy Technology Co., Ltd. | $14.8B | 11 | STRONG SELL |
Peer medians: ROE 4.0% · P/E 77.4x · Gross margin 26.0%