Home600745 • SHA
add
Wingtech Technology Co Ltd
Previous close
¥42.10
Day range
¥40.58 - ¥43.16
Year range
¥24.06 - ¥50.98
Market cap
50.50B CNY
Avg Volume
46.92M
P/E ratio
-
Dividend yield
0.31%
Primary exchange
SHA
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 19.57B | 28.71% |
Operating expense | 1.39B | -9.22% |
Net income | 274.11M | -67.69% |
Net profit margin | 1.40 | -74.91% |
Earnings per share | — | — |
EBITDA | 1.40B | -19.98% |
Effective tax rate | 22.39% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 8.65B | 6.63% |
Total assets | 78.14B | 0.64% |
Total liabilities | 40.09B | 2.79% |
Total equity | 38.04B | — |
Shares outstanding | 1.24B | — |
Price to book | 1.39 | — |
Return on assets | 2.54% | — |
Return on capital | 3.52% | — |
Cash Flow
Net change in cash
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 274.11M | -67.69% |
Cash from operations | 898.48M | -37.70% |
Cash from investing | -91.60M | 91.75% |
Cash from financing | 70.84M | -75.76% |
Net change in cash | 801.98M | 28.77% |
Free cash flow | -2.42B | -122.16% |
About
Wingtech Technology is a partially state-owned semiconductor and communications product integration company based in Jiaxing and listed on the Shanghai Stock Exchange. The company was founded as original design manufacturer in 2006 by a former STMicroelectronics engineer, Zhang Xuezheng. Wingtech's main business includes semiconductor chip design, wafer manufacturing, optical imaging and communication product integration. The company is partially owned by several state-owned enterprises under the direction of the State-owned Assets Supervision and Administration Commission of the State Council.
In 2019, Wingtech acquired Nexperia. The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers. In 2021, Wingtech acquired Ofilm Group, a former iPhone camera module supplier. In 2023, Wingtech agreed to sell the Inmos microprocessor factory following a UK government divestment order on national security concerns.
During the 2022 COVID-19 protests in China, Wingtech was reported by The Wall Street Journal to gain an additional foothold in Apple's supply chain following protests at a Foxconn factory in the Zhengzhou Airport Economy Zone. Wikipedia
Founded
2006
Website
Employees
31,497