What is GRINM Semiconductor Materials Co., Ltd.'s (688432.SS) StockRank?

MoatMap's StockRank for GRINM Semiconductor Materials Co., Ltd. (688432.SS) is 44/100, with a Hold signal. This is a composite score combining Quality (55), Value (14), and Momentum (65) factor ranks across MoatMap's 20,000+ stock universe.

Does GRINM Semiconductor Materials Co., Ltd. have an economic moat?

GRINM Semiconductor Materials Co., Ltd. (688432.SS) has a Quality factor score of 55/100. 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 GRINM Semiconductor Materials Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for GRINM Semiconductor Materials Co., Ltd. (688432.SS) is Hold, based on a StockRank of 44/100. 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 GRINM Semiconductor Materials Co., Ltd. in?

GRINM Semiconductor Materials Co., Ltd. (688432.SS) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (China).

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

688432.SS

HOLDREMOVE

GRINM Semiconductor Materials Co., Ltd. · Technology · China · $4.7B · Avg Vol: $160M/d

StockRank

P/E (TTM)

147.8x

ROE

5.0%

D/E

0.0x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

GRINM Semiconductor Materials produces silicon wafers. While it benefits from China's domestic semiconductor localization drive, silicon wafers are currently in oversupply globally, and the business lacks the high-margin, advanced packaging bottleneck exposure we desire.

COMPANY DESCRIPTION

GRINM Semiconductor Materials Co., Ltd. produces high-purity silicon materials and silicon wafers for semiconductor manufacturing. The company is one of China's pioneer developers of large-diameter silicon wafers, backed by the state-owned GRINM Group's research legacy. It serves as a critical domestic supplier of semiconductor-grade silicon, essential to China's upstream supply chain independence.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	173.7M	141.9M	147.2M	148.5M	-5.1%
EPS	0.05	0.03	0.03	0.02	-19.3%
Shares	1.2B	1.2B	1.2B	1.3B	+0.2%
Debt	0.4M	1.6M	1.0M	0.8M	22.1%
Equity	588.6M	613.0M	641.6M	668.1M	4.3%
Op CF	63.6M	39.4M	33.9M	40.5M	-14.0%
Inv CF	-112.3M	-149.9M	-108.7M	-74.4M	—
Fin CF	244.7M	-18.0M	-9.7M	-8.3M	—

PRICE (1Y)+31.2%

SMA 50SMA 200

$3.72

RSI (14)

64.2

52W High

$4.00

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

5.6%44.8

ROE

5.0%42.0

GP/Assets

6.7%13.6

Op. Margin

18.9%81.7

FCF/Assets

1.9%49.5

Piotroski

537.3

Int. Cover

50.0x84.5

D/E Ratio

0.01x92.6

Current Ratio

7.23x93.5

Value

P/E (TTM)

147.8x12.7

EV/EBITDA

77.8x13.6

P/FCF

2022.3x6.6

P/B

7.0x22.8

P/S

29.8x5.8

Div Yield

—N/A

Momentum

52W High %

93%84.2

RS 6M

94%86.8

SMA 50/200

1.30x73.7

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

-1%31.7

FUNDAMENTALS

Market Cap

$4.7B

P/E (Forward)

—

Gross Margin

34.9%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688432.SS are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
688432.SS	GRINM Semiconductor Materials Co., Ltd.(you)	$4.7B	44	HOLD
603290.SS	StarPower Semiconductor Ltd.	$4.8B	39	HOLD
688652.SS	Beijing Jingyi Automation Equipment Co., Ltd.	$3.8B	42	HOLD
301297.SZ	Ferrotec (An Hui) Technology Development Co.,LTD	$5.6B	48	HOLD
3277.HK	GPIXEL	$5.6B	49	HOLD
688167.SS	Focuslight Technologies Inc	$7.2B	45	HOLD
300236.SZ	Shanghai Sinyang Semiconductor Materials Co., Ltd.	$5.1B	53	HOLD
600206.SS	Grinm Advanced Materials Co., Ltd.	$5.8B	52	HOLD
300623.SZ	Jiangsu JieJie Microelectronics Co., Ltd.	$4.7B	57	HOLD
301611.SZ	Suzhou Kematek, Inc.	$8.1B	40	HOLD

Peer medians: ROE 3.9% · P/E 77.3x · Gross margin 25.9%

GRINM Semiconductor Materials Co., Ltd. (688432.SS) — Stock Score Summary

GRINM Semiconductor Materials Co., Ltd. (688432.SS) has a MoatMap StockRank of 44/100 based on Quality (55/100), Value (14/100), and Momentum (65/100) factor scores. The current signal is HOLD. GRINM Semiconductor Materials produces silicon wafers. While it benefits from China's domestic semiconductor localization drive, silicon wafers are currently in oversupply globally, and the business lacks the high-margin, advanced packaging bottleneck exposure we desire.

Key Financial Metrics

Price	$3.72
Market Cap	$4.7B
P/E (TTM)	147.76
Price/Book	6.98
Return on Equity	5.0%
Return on Invested Capital	5.6%
Debt/Equity	0.66
Gross Margin	34.9%
Operating Margin	18.9%
Revenue Growth	18.0%
Free Cash Flow	$2M

GRINM Semiconductor Materials Co., Ltd. operates in the Semiconductor Equipment & Materials industry, part of the Technology sector (China).

Frequently Asked Questions

What is GRINM Semiconductor Materials Co., Ltd.’s (688432.SS) StockRank?: MoatMap’s StockRank for GRINM Semiconductor Materials Co., Ltd. (688432.SS) is 44/100, with a Hold signal. It is a composite of Quality (55), Value (14), and Momentum (65) factor ranks across MoatMap’s 20,000+ stock universe.
Does GRINM Semiconductor Materials Co., Ltd. have an economic moat?: GRINM Semiconductor Materials Co., Ltd. (688432.SS) has a Quality factor score of 55/100. 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 GRINM Semiconductor Materials Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for GRINM Semiconductor Materials Co., Ltd. (688432.SS) is Hold, based on a StockRank of 44/100. 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 GRINM Semiconductor Materials Co., Ltd. in?: GRINM Semiconductor Materials Co., Ltd. (688432.SS) operates in the Technology sector, specifically the Semiconductor Equipment & Materials industry (China).