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

China · Delayed Price · Currency is CNY

24.28

+0.95 (4.07%)

At close: Jul 31, 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	Mar '26 Mar 31, 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	2,295	2,321	2,103	2,982	2,288	3,509
Revenue Growth	6.74%	10.36%	-29.46%	30.32%	-34.79%	93.80%
Gross Profit	554.1	559.55	471.22	685.81	667.39	974.99
Operating Income	-64.04	-52.67	-133.98	40.34	7	-21.36
Net Income	13.62	43.63	-23.73	112.29	53.39	-68.42
Earnings Per Share	0.03	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	Mar '26 Mar 31, 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	2,989	3,007	2,713	3,119	2,635	381.15
Total Debt	253.62	243.25	334.77	132.5	201.54	168.06
Net Cash (Debt)	2,735	2,763	2,378	2,987	2,434	213.09
Net Cash Growth	6.65%	16.19%	-20.37%	22.73%	1042.15%	-51.36%
Net Cash Per Share	6.32	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	Mar '26 Mar 31, 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	523.25	774.4	-318.26	743.82	-88.64	31.71
Capital Expenditures	-102.9	-196.43	-223.98	-135.7	-203.79	-228.31
Free Cash Flow	420.35	577.97	-542.23	608.11	-292.43	-196.6
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	24.14%	24.11%	22.41%	23.00%	29.17%	27.79%
Operating Margin	-2.79%	-2.27%	-6.37%	1.35%	0.31%	-0.61%
Pretax Margin	-0.12%	0.78%	-1.38%	4.17%	4.05%	0.45%
Profit Margin	0.59%	1.88%	-1.13%	3.77%	2.33%	-1.95%
FCF Margin	18.31%	24.90%	-25.78%	20.40%	-12.78%	-5.60%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Aug '26 Aug 1, 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	-	-	-	-
Dividend Yield	0.32%	0.21%	-	0.08%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 1, 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	760.39	368.10	-	243.92	281.11	-
Forward PE	64.10	89.62	23.56	69.34	32.47	-
P/FCF Ratio	24.65	27.79	-	45.04	-	-
PS Ratio	4.51	6.92	6.84	9.19	6.56	-