Rockchip Electronics Co (603893) Fair Value & Analysis
Technology · CN · Market cap 71.9B CNY
Fair value as of: Jul 11, 2026
From 26 valuation models · updated 27 days ago
Share price +6.4% over the past month.
A strong business, but screening 79% overvalued on our models.
What matters now
- A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case (¥90.26). The favourable scenario is already priced in.
- The model range is unusually wide (¥32.49 to ¥90.26). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.
How to read this chart
60‑month range ¥42.60 – ¥246.30 · fair‑value band ¥32.49 – ¥90.26 · the ¥203.00 price screens above the ¥41.69 fair value. Dashed = 300-day average. As of Jul 11, 2026.
Analysis
Rockchip Electronics Co (603893) currently trades at ¥203.00, while our model-based Fair Value estimate is ¥41.69, implying the stock looks roughly 79.5% overvalued today. We read business quality at 75/100 (high quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Rockchip Electronics Co generated revenue of 4.7B CNY at a net margin of 24.6%. Revenue grew 36.2% year over year. It earns a return on equity of 27.4%. The balance sheet holds a net cash position of 2.1B CNY. Fundamentals as of Jul 11, 2026
Our scenario range runs from ¥32.49 (bear case) to ¥90.26 (bull case); at ¥203.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 45% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -62% fair-value upside, at -79%, 603893 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: Growth Earnings (¥69.43) versus Asset-Based (¥6.97). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 77 · Market factors (momentum, volatility) 62
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Rockchip Electronics Co., Ltd. operates as a fabless IC design company focusing on Intelligent IoT in China. The company offers artificial intelligent application processor chips, including general application processors, machine vision processors, audio processors, etc.; and power management, interface conversion, wireless connection, fast charging …
Full company description
Rockchip Electronics Co., Ltd. operates as a fabless IC design company focusing on Intelligent IoT in China. The company offers artificial intelligent application processor chips, including general application processors, machine vision processors, audio processors, etc.; and power management, interface conversion, wireless connection, fast charging protocol, and other digital-analog hybrid chips, as well as modules and other products. It also provides system-on-chip (SoC) for tablet, notebook, Chromebook, IPTV/OTT-Box, Internet of Things (IoT), smart audio products, intelligent video application in smartphone, drone, IPC, CVR, robotics, and other smart devices. In addition, it offers solutions for tablet and PC, streaming media, retail and industrial, smart home, intelligent application, smart vision, automotive, open-source, and fast charger applications. Further, the company engages in SoC design, analog circuit chip design, and algorithm research activities. Additionally, it provides PMICs, analog-digital mixed chips, optoelectronic products, and development boards solutions. Rockchip Electronics Co., Ltd. was founded in 2001 and is headquartered in Fuzhou, China.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Rockchip Electronics Co reported revenue of ¥4.4B in FY2025 versus ¥2.7B in FY2021, a compound +12.8%/yr. Reported net income was ¥1.0B in FY2025, compounding +14.7%/yr from FY2021.
603893 screens 79% overvalued. Compare with NVIDIA Corporation →
Peer Group
Semiconductors · 319 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Semiconductors median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| NVIDIA Corporation NVDA | $211.80 | $96.91 | -54% |
| Taiwan Semiconductor Manufacturing Company TSM | $398.37 | $207.49 | -48% |
| Broadcom Inc 1AVGO | €323.25 | €121.25 | -62% |
| Micron Technology, Inc ZMIC | C$52.57 | C$7.50 | -86% |
| SK hynix Inc 000660 | 2,082,000 KRW | 1,109,311 KRW | -47% |
| Advanced Micro Devices, Inc 1AMD | €464.70 | €56.33 | -88% |
| Intel Corporation INTC | C$68.40 | C$9.82 | -86% |
| Texas Instruments Incorporated TXN | $311.46 | $59.75 | -81% |
| MediaTek Inc 2454 | 3,740 TWD | 1,163 TWD | -69% |
| SK Square Co 402340 | 1,212,000 KRW | 868,000 KRW | -28% |
Compare Rockchip Electronics Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Rockchip Electronics Co (603893) overvalued or undervalued?
What is the fair value of 603893?
What is the quality score of 603893?
What is the revenue of Rockchip Electronics Co (603893)?
What is the net profit margin of 603893?
Does Rockchip Electronics Co pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Rockchip Electronics Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.