China Resources Microelectronics Limited (688396.SS)
Wuxi, CN
China Resources Microelectronics Limited (CR Micro) functions as an investment holding company with diverse operations across the semiconductor industry. Its core business activities encompass open foundry services, integrated circuit (IC) design, IC testing and packaging, and the development of discrete semiconductor devices. In its foundry segment, CR Micro offers advanced IC manufacturing solutions to both fabless design firms and integrated device manufacturers. These services are underpinned by a range of analog and power process technologies, such as mixed-signal, complementary metal-oxide-semiconductor (CMOS) logic, planar and trench double diffused metal oxide semiconductor (DMOS), bipolar and CMOS technology (BiCMOS), and BCDMOS devices. Beyond manufacturing, the company excels in the design and development of various semiconductor integrated circuit products. This includes microcontrollers (MCUs) and System-on-Chips (SoCs) for audio and video processing, as well as analog and mixed-signal ICs tailored for power management and LED driver applications. Furthermore, CR Micro develops consumer ICs and wafers, encompassing components like single-chip radio circuits, audio and calculation amplifiers, encoder/decoder circuits, LCDs, voice and music chips, clock and watch circuits, uninterruptible power supplies (UPS), and photoelectric coupled receiver chips. CR Micro also offers comprehensive IC assembly, testing, and packaging services to other semiconductor companies. Lastly, the company is involved in the development and production of power semiconductor discrete devices, which find applications in energy-efficient lighting, household appliances, industrial control systems, and personal computing. CR Micro maintains a global footprint, with operations spanning Mainland China, other Asian markets, the United States, and Europe. Founded in 1997, the company initially operated as CSMC Technologies Corporation before adopting its current name, China Resources Microelectronics Limited, in 2008. Headquartered in Wuxi, China, it is classified as a Red Chip company, a designation stemming from its listing on the Hong Kong Stock Exchange. As of November 2, 2011, CR Micro has been a subsidiary of China Resources (Holdings) Co.,Ltd.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -8.18% | +2.54% | +13.13% | +12.24% | +38.04% | +21.24% | +34.56% | +12.79% | +3.04% | +52.56% | +52.56% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Semiconductors: +12.5%+8.7% Q1'26: +21.3% (vs Q1'25)
-
EPS growth Semiconductors: +22.5%-13.8% Q1'26: +297.5% (vs Q1'25)
-
FCF margin FCF growth · Semiconductors: +38.2%+3.7% ★ Q1'26: +12.5% (vs Q1'25)
-
EBIT margin Semiconductors: +10.7%+8.8% Q1'26: +7.9% (vs Q1'25)
-
ROIC Semiconductors: +6.0%+4.7% Q1'26: +4.5% (vs Q1'25)
-
Share dilution Semiconductors: +0.0%+0.3% Q1'26: +0.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Semiconductors: -0.75×0.17× ★ Q1'26: 0.26× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 5 Rev. Ana. 6 EPS Ana. |
Dec 2027 8 Rev. Ana. 8 EPS Ana. |
Dec 2028 4 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
5.74B
est: 5.77B (-0.5%)
|
6.98B
est: 6.90B (+1.1%)
|
9.25B
est: 9.31B (-0.6%)
|
10.06B
est: 10.06B (+0.0%)
|
9.90B
est: 9.63B (+2.8%)
|
10.12B
est: 10.37B (-2.4%)
|
11.00B
est: 11.05B (-0.5%)
|
12.88B
12.57B – 13.33B
+16.5% YoY
|
15.14B
13.72B – 17.99B
+17.6% YoY
|
18.47B
18.47B – 18.47B
+22.0% YoY
|
| EBITDA |
967.51M
est: 1.39B (-30.4%)
|
1.52B
est: 1.66B (-8.2%)
|
2.69B
est: 2.24B (+20.0%)
|
2.80B
est: 2.42B (+15.7%)
|
2.14B
est: 2.30B (-7.0%)
|
2.02B
est: 2.47B (-18.1%)
|
2.28B
est: 2.63B (-13.4%)
|
3.07B
3.00B – 3.18B
+16.5% YoY
|
3.61B
3.27B – 4.29B
+17.6% YoY
|
4.40B
4.40B – 4.40B
+22.0% YoY
|
| EBIT |
274.88M
est: 837.82M (-67.2%)
|
811.06M
est: 1.00B (-19.0%)
|
1.92B
est: 1.35B (+42.6%)
|
1.93B
est: 1.46B (+32.1%)
|
1.18B
est: 1.34B (-12.1%)
|
913.23M
est: 1.45B (-36.8%)
|
965.03M
est: 1.54B (-37.4%)
|
1.80B
1.75B – 1.86B
+16.5% YoY
|
2.11B
1.91B – 2.51B
+17.6% YoY
|
2.57B
2.57B – 2.57B
+22.0% YoY
|
| Net Income |
400.76M
est: 454.08M (-11.7%)
|
963.66M
est: 1.05B (-8.6%)
|
2.27B
est: 2.25B (+0.7%)
|
2.62B
est: 2.59B (+1.1%)
|
1.48B
est: 981.72M (+50.7%)
|
762.46M
est: 820.92M (-7.1%)
|
660.54M
est: 685.45M (-3.6%)
|
1.26B
1.07B – 1.45B
+84.5% YoY
|
1.79B
1.40B – 2.22B
+41.7% YoY
|
2.44B
1.81B – 2.92B
+36.0% YoY
|
| SGA |
192.89M
est: 395.16M (-51.2%)
|
474.97M
est: 472.22M (+0.6%)
|
571.54M
est: 636.79M (-10.2%)
|
689.27M
est: 688.23M (+0.2%)
|
785.46M
est: 641.81M (+22.4%)
|
652.18M
est: 691.10M (-5.6%)
|
650.12M
est: 736.61M (-11.7%)
|
858.30M
837.48M – 888.23M
+16.5% YoY
|
1.01B
914.50M – 1.20B
+17.6% YoY
|
1.23B
1.23B – 1.23B
+22.0% YoY
|
| EPS |
0.33
est: 0.34 (-3.9%)
|
0.79
est: 0.80 (-0.9%)
|
1.76
est: 1.70 (+3.3%)
|
1.98
est: 1.93 (+2.4%)
|
1.12
est: 0.74 (+50.7%)
|
0.58
est: 0.66 (-12.2%)
|
0.50
est: 0.50 (+0.2%)
|
0.96
0.80 – 1.10
+91.9% YoY
|
1.35
1.05 – 1.67
+41.3% YoY
|
1.88
1.36 – 2.20
+38.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-28 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-27 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-26 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-25 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-22 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-21 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-20 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-19 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-18 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-15 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-14 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-13 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-12 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-11 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-08 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-07 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-05-06 | B | 3/5 | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 | 1/5 | 3/5 |
| 2026-04-29 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-28 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-27 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-24 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-23 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-22 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-21 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-20 | B- | 2/5 | 2/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-17 | B- | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-04-16 | B- | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Neuberger Berman China Equity ETF NBCE | 2.29% | 422.5K | 5.01% |
| 2 | KraneShares ICBCUBS SSE Star Market 50 Index UCITS ETF KSTR.L | 1.31% | 878.5K | 0.82% |
| 3 | KraneShares SSE STAR Market 50 Index ETF KSTR | 1.29% | 4.97M | 0.89% |
| 4 | Rayliant-ChinaAMC Transformative China Tech ETF CNQQ | 0.24% | 54.5K | 0.75% |
| 5 | Xtrackers MSCI China A UCITS ETF 1C XX2D.L | 0.23% | 320.6K | 0.35% |
| 6 | Amundi MSCI China A UCITS ETF Acc CNAA.L | 0.22% | 302.6K | 0.35% |
| 7 | Xtrackers Harvest CSI300 UCITS ETF 1D ASHR.L | 0.21% | 655.5K | 0.65% |
| 8 | iShares MSCI China A UCITS ETF CNYE.MI | 0.21% | 208.1K | 0.45% |
| 9 | iShares MSCI China A UCITS ETF CNYA.L | 0.21% | 6.31M | 0.40% |
| 10 | Xtrackers Harvest CSI 300 China A-Shares ETF ASHR | 0.20% | 2.65M | 0.65% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Cong Yun Wu | Accounting Supervisor | — | — |
| Ge Li | Vice President, Chief Compliance Officer & General Counsel | — | male |
| Guoyi Wu | Chief Financial Officer, Board Secretary & Director | — | male |
| Hengqian Zhuang | Vice President | — | male |
| Jian Dou | Vice President | — | male |
| Jun Duan | Vice President | — | male |
| Weiqing Ma | Vice President | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 688396.SS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
