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Guangdong Cellwise Microelectronics Co (688325) Fair Value & Analysis

Technology · CN · Market cap 9.2B CNY

GC Guangdong Cellwise Microelectronics Co 688325 · SHG
Price¥107.75
Fair Value¥21.40
Upside-80.1%
Quality50/100
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Expensive Growth
Solidly profitable · 18.4% net margin
Low debt · negative free cash flow
1.18% dividend yield
Trails peers (4/12)
Moderate moat 46/100
Evidence: High Range ¥16.77 – ¥26.03 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated today

Fair value updated Aug 13, 2026, revised from ¥19.03 to ¥21.40 (+12.5%) since Aug 11, 2026. Share price −9.1% over the past month.

A solid business, but screening 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥26.03). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

¥150.79 ¥19.44 Fair Value ¥21.40 Apr 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

52‑month range ¥19.44 – ¥150.79 · fair‑value band ¥16.77 – ¥26.03 · the ¥107.75 price screens above the ¥21.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Guangdong Cellwise Microelectronics Co (688325) currently trades at ¥107.75, while our model-based Fair Value estimate is ¥21.40, implying the stock looks roughly 80.1% overvalued today. The Quality Score stands at 50/100 (solid 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, Guangdong Cellwise Microelectronics Co generated revenue of 504M CNY at a net margin of 18.4%. Revenue grew 17.2% year over year. It earns a return on equity of 5.3%. The stock trades on a trailing P/E of 100.7. Fundamentals as of Aug 13, 2026

Our scenario range runs from ¥16.77 (bear case) to ¥26.03 (bull case); at ¥107.75, 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 30% below its 52-week high and 153% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -54% fair-value upside, at -80%, 688325 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.

Model 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
Highest evidence
Residual Income ¥15.81 ¥16.26 ¥15.97 76
ROIC Compounder ¥9.32 ¥10.34 ¥11.22 72
Gordon GGM ¥8.64 ¥17.21 ¥26.06 70
All 16 models by family
Earnings-Based
Graham-Dodd ¥7.67 ¥53.52 ¥75.11 54
Lynch FV ¥22.02 ¥31.45 ¥40.89 50
PEG = 1.0 ¥22.02 ¥31.45 ¥40.89 46
EPV ¥9.32 ¥10.34 ¥11.22 59
Dividend Discount
Gordon GGM ¥8.64 ¥17.21 ¥26.06 70
DDM Multi-Stage ¥8.64 ¥14.87 ¥18.16 61
Multiples
P/E Multiple ¥23.70 ¥31.60 ¥39.50 63
P/S Multiple ¥14.39 ¥19.19 ¥23.98 58
P/B Multiple ¥14.39 ¥19.19 ¥23.98 55
EV/EBIT ¥19.03 ¥24.41 ¥29.79 53
EV/EBITDA ¥16.77 ¥21.40 ¥26.03 54
EV/Revenue ¥11.05 ¥14.54 ¥18.04 43
Asset-Based
NCAV (Graham) ¥10.20 ¥13.67 ¥20.40 50
Economic Profit
Residual Income ¥15.81 ¥16.26 ¥15.97 76
ROIC Compounder ¥9.32 ¥10.34 ¥11.22 72
Growth Earnings
Growth-Adj P/E ¥30.95 ¥44.22 ¥57.49 68

Widest divergence: Growth Earnings (¥44.22) versus Economic Profit (¥10.34). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 504M CNY
Revenue growth (YoY) +17.2%
Net margin 18.4%
Return on equity 5.3%
Free cash flow −176M CNY FY2025
P/E ratio 100.7
More key figures
Operating margin 5.7%
EPS (TTM) ¥1.07
Dividend yield 1.2%
EPS growth (YoY) -29.0%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 60

Profitability 38
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 62
Buybacks instead of dilution

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

Guangdong Cellwise Microelectronics Co., Ltd. engages in the research, development, and sale of analog chips in the People's Republic of China.

Full company description

Guangdong Cellwise Microelectronics Co., Ltd. engages in the research, development, and sale of analog chips in the People's Republic of China. The company's products portfolios include battery safety chips, full-featured protections, secondary protections, AFEs, fuel gauges, voltage types, and voltage and current types; power management chips, charging management chips, buck converters, LDO low dropout regulators, and load switches; USB control ICs, identify current-limiting chips, and identify current-limiting communication chips; and motor drive control ICs, and brushed motor drives. It also offers E-bikes, tablets, smartphones, smart wearable products, power tools, power banks/battery packs, balance bikes, scooters, mopeds, USB adapters, and car charging solutions. Guangdong Cellwise Microelectronics Co., Ltd. was founded in 2009 and is based in Dongguan, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangdong Cellwise Microelectronics Co reported revenue of ¥489M in FY2025 versus ¥339M in FY2021, a compound +9.6%/yr. Reported net income was ¥97.3M in FY2025, compounding +2.2%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
489M CNY
Latest YoY
+24.3%
Avg. growth/yr (3Y) 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.
+34.7%
Avg. growth/yr (5Y) 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.
+22.1%
Avg. growth/yr (6Y) 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.
+32.9%
Revenue +9.6%/yr
FY21 ¥339M
FY22 ¥200M
FY23 ¥249M
FY24 ¥393M
FY25 ¥489M
Net income +2.2%/yr
FY21 ¥89.2M
FY22 ¥51.9M
FY23 ¥59.8M
FY24 ¥78.8M
FY25 ¥97.3M

688325 screens 80% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Guangdong Cellwise Microelectronics Co Fair Value". https://www.fairvalue-calculator.com/stock/688325

Peer Group

Semiconductors · 323 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.

Quality Score 50 · Below median
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 2% · Below median
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 6% · Below median
Revenue growth 17% · Above median
Dividend yield (TTM) 1.2% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 100.7× · Pricier than 75% of peers
P/B 5.23× · Pricier than median
P/S (TTM) 18.25× · Pricier than 75% of peers

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 · sector 0
FUTURE 86 · sector 60
PAST 21 · sector 24
HEALTH 100 · sector 96
DIVIDEND 24 · sector 19

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.

None of the checked exposures detected

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 Aug 13, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $217.50 $98.98 -54%
Taiwan Semiconductor Manufacturing Company TSM $429.15 $291.42 -32%
Broadcom Inc 1AVGO €366.85 €121.25 -67%
Micron Technology, Inc ZMIC C$43.68 C$6.23 -86%
SK hynix Inc 000660 1,504,000 KRW 1,481,291 KRW -2%
Advanced Micro Devices, Inc 1AMD €428.20 €56.33 -87%
Intel Corporation INTC C$54.79 C$11.71 -79%
MediaTek Inc 2454 4,015 TWD 1,559 TWD -61%
SK Square Co 402340 1,024,000 KRW 1,204,862 KRW +18%
GigaDevice Semiconductor Inc 3986 HK$515.00 HK$274.86 -47%

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Frequently asked questions

Is Guangdong Cellwise Microelectronics Co (688325) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ¥21.40 versus a price of ¥107.75, about −80% (overvalued).
What is the fair value of 688325?
Our model-based fair value for Guangdong Cellwise Microelectronics Co is ¥21.40 (as of Aug 13, 2026), built from audited fundamentals. The current price is ¥107.75.
What is the quality score of 688325?
Guangdong Cellwise Microelectronics Co has a Quality Score of 50/100. 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 revenue of Guangdong Cellwise Microelectronics Co (688325)?
Guangdong Cellwise Microelectronics Co reported trailing-twelve-month revenue of about 504M CNY (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 688325?
The net profit margin of Guangdong Cellwise Microelectronics Co is about 18.4%, meaning it keeps roughly 18.4% of revenue as net income. Based on the latest reported figures.
Does Guangdong Cellwise Microelectronics Co pay a dividend?
Guangdong Cellwise Microelectronics Co currently shows a dividend yield of about 0.96% relative to its recent price (as of Aug 13, 2026).

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.

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