Vanchip (Tianjin) Technology Co., Ltd. (SHA:688153)

China · Delayed Price · Currency is CNY

24.11

-0.26 (-1.07%)

At close: Sep 11, 2026

SHA:688153 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,309	2,321	2,103	2,982	2,288	3,509
Revenue Growth	14.39%	10.36%	-29.46%	30.32%	-34.79%	93.80%
Gross Profit	515.56	559.55	471.22	685.81	667.39	974.99
Operating Income	-119.37	-52.67	-133.98	40.34	7	-21.36
Net Income	-42.45	43.63	-23.73	112.29	53.39	-68.42
Earnings Per Share	-0.10	0.10	-0.06	0.27	0.14	-0.19
EPS Growth	-	-	-	92.86%	-	-

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	570.23
Export	1,738
Total	2,308

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,767	3,007	2,713	3,119	2,635	381.15
Total Debt	245.96	243.25	334.77	132.5	201.54	168.06
Net Cash (Debt)	2,521	2,763	2,378	2,987	2,434	213.09
Net Cash Growth	-4.46%	16.19%	-20.37%	22.73%	1042.15%	-51.36%
Net Cash Per Share	6.04	6.33	6.01	7.18	6.38	0.59

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	172.97	774.4	-318.26	743.82	-88.64	31.71
Capital Expenditures	-77.44	-196.43	-223.98	-135.7	-203.79	-228.31
Free Cash Flow	95.53	577.97	-542.23	608.11	-292.43	-196.6
Free Cash Flow Growth	1387.73%	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	22.33%	24.11%	22.41%	23.00%	29.17%	27.79%
Operating Margin	-5.17%	-2.27%	-6.37%	1.35%	0.31%	-0.61%
Pretax Margin	-2.36%	0.78%	-1.38%	4.17%	4.05%	0.45%
Profit Margin	-1.84%	1.88%	-1.13%	3.77%	2.33%	-1.95%
FCF Margin	4.14%	24.90%	-25.78%	20.40%	-12.78%	-5.60%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Sep '26 Sep 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.077	0.077	-	0.055
Dividend Per Share Growth	0%	-	-	-
Dividend Yield	0.30%	0.21%	-	0.08%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	368.10	-	243.92	281.11	-
Forward PE	103.70	89.62	23.56	69.34	32.47	-
P/FCF Ratio	107.69	27.79	-	45.04	-	-
PS Ratio	4.46	6.92	6.84	9.19	6.56	-