Wafer Works (Shanghai) Co., Ltd. (SHA:688584)

China · Delayed Price · Currency is CNY

27.88

+3.10 (12.51%)

At close: Sep 16, 2026

Wafer Works (Shanghai) 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	1,279	1,311	1,109	1,348	1,556	1,329
Revenue Growth	7.37%	18.27%	-17.76%	-13.38%	17.15%	41.12%
Gross Profit	351.51	371.02	309.05	492.98	653.26	464.49
Operating Income	113.27	122.53	109.71	265.46	437.27	279.09
Net Income	92.38	125.35	120.78	246.86	364.89	211.85
Earnings Per Share	0.14	0.19	0.18	0.41	0.61	0.37
EPS Growth	-27.04%	4.65%	-56.10%	-32.79%	64.86%	270.00%

Revenue by Geography

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
China	195.85
Overseas	1,115
Total	1,311

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	648.71	671.49	1,304	442.87	478.3	372.58
Total Debt	615.93	514.37	192.37	650.27	801.11	1,126
Net Cash (Debt)	32.78	157.11	1,112	-207.4	-322.82	-753.91
Net Cash Growth	-95.67%	-85.87%	-	-	-	-
Net Cash Per Share	0.05	0.24	1.70	-0.34	-0.54	-1.32

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	360.37	406.84	448.23	578.37	755.6	354.4
Capital Expenditures	-1,089	-1,189	-328.3	-372.53	-265.91	-312.02
Free Cash Flow	-728.49	-781.71	119.94	205.84	489.69	42.39
Free Cash Flow Growth	-	-	-41.73%	-57.97%	1055.25%	-

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	27.48%	28.29%	27.87%	36.57%	41.97%	34.96%
Operating Margin	8.85%	9.34%	9.89%	19.69%	28.09%	21.01%
Pretax Margin	8.61%	11.11%	12.25%	20.39%	26.29%	18.49%
Profit Margin	7.22%	9.56%	10.89%	18.31%	23.44%	15.95%
FCF Margin	-56.95%	-59.61%	10.82%	15.27%	31.46%	3.19%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Sep '26 Sep 16, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.100	0.100	0.200	0.298
Dividend Per Share Growth	-50.28%	-50.00%	-32.99%	-
Dividend Yield	0.38%	0.46%	1.04%	-

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 16, 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	201.59	116.48	107.77	-	-	-
Forward PE	107.23	74.37	-	-	-	-
P/FCF Ratio	-	-	108.53	-	-	-
PS Ratio	14.58	11.13	11.74	-	-	-