Vanchip (Tianjin) Technology Co. Ltd. A (688153) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Vanchip (Tianjin) Technology Co. Ltd. A ¥10.62, price ¥26.50, upside -59.9%, quality 69 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Vanchip (Tianjin) Technology Co. Ltd. A for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
53‑month range ¥23.33 – ¥76.79 · the ¥26.50 price screens above the ¥10.62 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
Follow Vanchip (Tianjin) Technology Co. Ltd. A in your weekly email
Every Wednesday you see whether Vanchip (Tianjin) Technology Co. Ltd. A is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Vanchip (Tianjin) Technology Co., Ltd. designs, manufactures, and sells radio frequency front end and high-end analog chips in China. Its products are used in mobile terminals, such as smart phones and mobile phones. The company offers radio frequency power amplifiers that are used in 2G, 3G, and 4G mobile phones, as well as in data card products.
Show more
Vanchip (Tianjin) Technology Co., Ltd. designs, manufactures, and sells radio frequency front end and high-end analog chips in China. Its products are used in mobile terminals, such as smart phones and mobile phones. The company offers radio frequency power amplifiers that are used in 2G, 3G, and 4G mobile phones, as well as in data card products. It also provides antenna tuning and swap, filters and duplexers, and RF switches; and Wi Fi connectivity chips. The company was incorporated in 2009 and is headquartered in Tianjin, China.
Stock analysis
Vanchip (Tianjin) Technology Co. Ltd. A (688153) currently trades at ¥26.50, while our model-based Fair Value estimate is ¥10.62, implying the stock looks roughly 149.5% overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of ¥27.23 per share, and 5 of the 22 models we run sit above the ¥26.50 price.
Bear case: the Growth Earnings group reads lowest at ¥2.14, and 17 of the 22 models stay below the price. Evidence for this calculation is medium.
Quality & growth
The Quality Score stands at 69/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Vanchip (Tianjin) Technology Co. Ltd. A reported revenue of 2.3B CNY in FY2025 versus 3.5B CNY in FY2021, a compound −9.8%/yr. Reported net income was 43.6M CNY in FY2025.
Key figures
Market cap 11.4B CNY (≈ $1.7B) · P/E ratio 883.3 · P/S ratio 16.6 · EPS (TTM) ¥0.0300 · Dividend yield 0.0% · Net margin 1.9% · Return on equity 0.3% · Return on assets (EBIT) 0.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 42% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −41% fair-value upside, at −60%, 688153 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.1300 to ¥28.69). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ¥10.62Fair Value ¥10.62Bull ¥10.62
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (¥0.0221 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+10.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
Start year 2020 (pandemic)
Revenue growth 6 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.9%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−20.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−20.2%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−2% → 0%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+8.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about +6.4% a year for the price.
Compare Vanchip (Tianjin) Technology Co. Ltd. A with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Semiconductors · 339 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside−60% · Below median
Profitability
Return on equity (TTM)0% · Below median
Return on assets−1% · Bottom 25%
Net margin (TTM)1% · Below median
Operating margin (TTM)−9% · Bottom 25%
Growth and dividend
Revenue growth−5% · Bottom 25%
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.00× · Below median
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (TTM)883.3× · Priciest 25%
P/B2.83× · Cheaper than median
P/S (TTM)4.97× · Pricier than median
P/FCF2.9× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 71
PAST (return on equity)1· sector 25
HEALTH (low debt)100· sector 95
DIVIDEND (yield)1· sector 20
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Vanchip (Tianjin) Technology Co. Ltd. A Fair Value". https://www.fairvalue-calculator.com/stock/688153
Frequently asked questions
Is Vanchip (Tianjin) Technology Co. Ltd. A (688153) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥10.62 versus a price of ¥26.50, about −60% upside (overvalued).
What is the fair value of 688153?
Our model-based fair value for Vanchip (Tianjin) Technology Co. Ltd. A is ¥10.62 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥26.50.
What is the quality score of 688153?
Vanchip (Tianjin) Technology Co. Ltd. A has a Quality Score of 69/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Our model-based price target is the fair value of ¥10.62 (as of Sep 24, 2026) from 22 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Vanchip (Tianjin) Technology Co. Ltd. A stock forecast for 2026?
Our models put fair value at ¥10.62, about −60% upside versus a price of ¥26.50 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Vanchip (Tianjin) Technology Co. Ltd. A reported trailing-twelve-month revenue of about 2.3B CNY (latest available figure, as of Sep 24, 2026).
Does Vanchip (Tianjin) Technology Co. Ltd. A pay a dividend?
Vanchip (Tianjin) Technology Co. Ltd. A currently shows a dividend yield of about 0.04% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
For today's price to be fair in a discounted-cash-flow model, Vanchip (Tianjin) Technology Co. Ltd. A would have to grow free cash flow by +8.2 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 688153 use?
Our models discount Vanchip (Tianjin) Technology Co. Ltd. A at 11.3 %: a base by market capitalisation (small), damped by beta 0.79, country premium for China. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Vanchip (Tianjin) Technology Co. Ltd. A that is +8.2 % per year a year over ten years, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has Vanchip (Tianjin) Technology Co. Ltd. A (688153) delivered so far?
Over the past 5 years revenue at Vanchip (Tianjin) Technology Co. Ltd. A grew +5.1 % a year. The price currently implies +8.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Vanchip (Tianjin) Technology Co. Ltd. A (688153) growing?
The median revenue growth in the sector is +8.3 % a year. That is the yardstick for the growth priced into Vanchip (Tianjin) Technology Co. Ltd. A (+8.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The free-cash-flow yield on the price is 5.07 %: that much free cash flow Vanchip (Tianjin) Technology Co. Ltd. A produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vanchip (Tianjin) Technology Co. Ltd. A it is ¥10.62 per share (as of Sep 24, 2026), against a price of ¥26.50. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is Vanchip (Tianjin) Technology Co. Ltd. A stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 688153 trades above its calculated fair value: price ¥26.50, fair value ¥10.62, a gap of about −60% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 688153?
No. The price is what the market pays today (¥26.50); the fair value is what the company's own numbers justify (¥10.62). For Vanchip (Tianjin) Technology Co. Ltd. A the two are ¥15.88 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vanchip (Tianjin) Technology Co. Ltd. A worth?
The market values Vanchip (Tianjin) Technology Co. Ltd. A at about 11.4B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥26.50; our models calculate a fair value of ¥10.62 per share.
How solid is the balance sheet of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Balance-sheet figures for Vanchip (Tianjin) Technology Co. Ltd. A (as of Sep 24, 2026): return on equity 0.3%, debt of 0.00 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 688153 from its 52-week high?
Vanchip (Tianjin) Technology Co. Ltd. A trades at ¥26.50, about 42% below its 52-week high of ¥45.48 and 14% above the low of ¥23.33 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of ¥10.62 is for.
Which stocks are comparable to Vanchip (Tianjin) Technology Co. Ltd. A?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Vanchip (Tianjin) Technology Co. Ltd. A stock attractive at the current price?
The data as of Sep 24, 2026: price ¥26.50, calculated fair value ¥10.62 (−60%), Quality Score 69/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 688153 calculated?
We run Vanchip (Tianjin) Technology Co. Ltd. A through 22 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥10.62, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.2 % above its aggregate fair value. Vanchip (Tianjin) Technology Co. Ltd. A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The closing price on Sep 24, 2026 was ¥26.50. Our model-based fair value is ¥10.62, about −60% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vanchip (Tianjin) Technology Co. Ltd. A right now?
The price sits above even our optimistic bull case (¥10.62). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Vanchip (Tianjin) Technology Co. Ltd. A
How large is the market capitalisation of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The market capitalisation of Vanchip (Tianjin) Technology Co. Ltd. A is 11.4B CNY (≈ $1.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The price-to-earnings ratio of Vanchip (Tianjin) Technology Co. Ltd. A is 883.3. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The price-to-sales ratio of Vanchip (Tianjin) Technology Co. Ltd. A is 16.6 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Earnings per share at Vanchip (Tianjin) Technology Co. Ltd. A are ¥0.0300 (price ÷ EPS = P/E 883.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The dividend yield of Vanchip (Tianjin) Technology Co. Ltd. A is 0.0% (payout 35.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The net margin of Vanchip (Tianjin) Technology Co. Ltd. A is 1.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The return on equity (ROE) of Vanchip (Tianjin) Technology Co. Ltd. A is 0.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
On an EBIT basis the return on assets of Vanchip (Tianjin) Technology Co. Ltd. A is 0.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
The operating margin of Vanchip (Tianjin) Technology Co. Ltd. A is −9.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Revenue at Vanchip (Tianjin) Technology Co. Ltd. A is growing −5.1% versus a year earlier (3y avg +0.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Vanchip (Tianjin) Technology Co. Ltd. A (688153)?
Earnings per share at Vanchip (Tianjin) Technology Co. Ltd. A are growing +221% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Vanchip (Tianjin) Technology Co. Ltd. A in the live analysis
One click puts Vanchip (Tianjin) Technology Co. Ltd. A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
