9903.HK
Strong SellSinkerShanghai Iluvatar CoreX Semiconductor Co., Ltd. · Technology · China · $12.5B
HKD 92.25 -7.0% · close 8 Oct · scored 9 Oct
StockRank down 2.0 since 8 Oct: Momentum down 5 after a 7% price fall.
Sinker: Weak, expensive and falling. Nothing here to keep it afloat.
Read our full research report on 9903.HK (Jun 2026), freeDoes StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
ABOUT SHANGHAI ILUVATAR COREX SEMICONDUCTOR CO., LTD.
Read
Shanghai Iluvatar Corex develops and supplies high-performance computing (HPC) chip products, primarily GPUs and related hardware/software for AI, cloud computing, and scientific research. The company aims to establish a strong niche in China's domestic HPC and AI chip market, leveraging indigenous R&D to compete with international leaders. It is a key player in China's strategic drive for self-sufficiency in critical semiconductor technology.
FINANCIAL SUMMARY (HKD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 222.0M | 338.9M | 632.5M | 1.2B | 76.1% | 1.9B | 3.0B | 7.7B | 152.0% |
| EPS (HKD) | -2.41 | -3.65 | -4.11 | -4.63 | — | -0.45 | -3.02 | 4.45 | — |
| Shares | 254.3M | 254.3M | 254.3M | 254.3M | 0.0% | — | — | — | — |
| Debt | 197.7M | 583.8M | 751.7M | 1.2B | 82.2% | 3.2B | — | — | — |
| Equity | 774.9M | 1.1B | 807.4M | 2.8B | 52.7% | — | — | — | — |
| Op CF | -766.6M | -828.9M | -724.5M | -1.4B | — | -3.8B | — | — | — |
| Inv CF | -214.6M | -180.0M | -194.6M | -155.1M | — | — | — | — | — |
| Fin CF | 1.1B | 1.1B | 925.6M | 2.9B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 9903.HK are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 9903.HK | Shanghai Iluvatar CoreX Semiconductor Co., Ltd.(you) | $12.5B | 7 | Strong Sell |
| 688521.SS | VeriSilicon Microelectronics (Shanghai) Co., Ltd. | $16.3B | 5 | Strong Sell |
| 688172.SS | Beijing YanDong MicroElectronic Co., Ltd. | $9.6B | 3 | Strong Sell |
| 6082.HK | Shanghai Biren Technology Co., Ltd. | $12.8B | 16 | Strong Sell |
| 688249.SS | Nexchip Semiconductor Corporation | $11.6B | 15 | Strong Sell |
| 600703.SS | Sanan Optoelectronics Co.,Ltd | $9.3B | 16 | Strong Sell |
| 300782.SZ | Maxscend Microelectronics Company Limited | $6.5B | 5 | Strong Sell |
| 688469.SS | United Nova Technology Co.,Ltd. | $10.7B | 21 | Sell |
| 688728.SS | GalaxyCore Inc. | $5.6B | 8 | Strong Sell |
| 688110.SS | Dosilicon Co., Ltd. | $7.8B | 15 | Strong Sell |
Peer medians: ROE 3.9% · P/E 61.4x · Gross margin 26.0%
Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.