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Wuxi Chipown Micro-electronics Ltd (688508) fair value: what the stock is really worth

As of Sep 30, 2026: fair value of Wuxi Chipown Micro-electronics Ltd ¥15.34, price ¥76.59, upside -80.0%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Technology · CN · ISIN CNE1000041P2

WC Some data Sep 24, 2026

Wuxi Chipown Micro-electronics Ltd

688508 · SHG

Weakest SetupStrongly overvalued and low quality.

!Fair value ¥15.34 · Strongly overvalued (−80.0%)
!Quality 50/100
!Expensive Growth (revenue 5y +21.6 %/yr)
✓Solidly profitable · 14.0% net margin (TTM)
!negative free cash flow
!0.6% dividend yield · Token dividend
!Trails peers (2/11)
!Narrow moat 43/100
!Evidence only medium, so the estimate is less certain
!Weak on past: 24 out of 100
!Weak on dividend: 12 out of 100
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

¥159.10 ¥26.92 Fair Value ¥15.34 Apr 2021 Sep 2026

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

60‑month range ¥26.92 – ¥159.10 · fair‑value band ¥15.15 – ¥17.11 · the ¥76.59 price screens above the ¥15.34 fair value. Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

Wuxi Chipown Micro-electronics limited engages in the research, development, and sale of semiconductor products in China.

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Wuxi Chipown Micro-electronics limited engages in the research, development, and sale of semiconductor products in China. The company offers HV products, including AC-DC, PFC and X capacitor discharge; LV products, such as DC-DC, car charger, battery charger, LED backlight, high power white LED, OVP and current limiter, reset and detect, and LDO products; and drivers that include high and low side gate, 3-phase gate, isolated gate, brushed motor, stepper motor, and low side gate driver IC. It also provides charger protocol IC; power devices comprising IGBT, SJ, SiC, and planar MOSFET, and GaN FET; and power module products, which includes IPM and wireless charger micro IPM. In addition, the company offers solutions for home appliances, photovoltaic/energy storage, charger and charging stations, STB and multimedia, server, communication, electric power, and motor applications. The company was founded in 2005 and is headquartered in Wuxi, China.

Stock analysis

Wuxi Chipown Micro-electronics Ltd (688508) currently trades at ¥76.59, while our model-based Fair Value estimate is ¥15.34, 80.0% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of ¥42.86 per share, and 0 of the 17 models we run sit above the ¥76.59 price.

Bear case: the Dividend Discount group reads lowest at ¥5.64, and 17 of the 17 models stay below the price. Evidence for this calculation is medium.

Scenario range: ¥15.15 (bear) to ¥17.11 (bull), the price of ¥76.59 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 50/100 (below-average quality), in the Technology sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Wuxi Chipown Micro-electronics Ltd reported revenue of 1.1B CNY in FY2025 versus 753M CNY in FY2021, a compound +11.0%/yr. Reported net income was 186M CNY in FY2025, compounding −1.9%/yr from FY2021.

Key figures

Market cap 11.0B CNY (≈ $1.6B) · P/E ratio 62.3 · P/S ratio 10.2 · EPS (TTM) ¥1.23 · Dividend yield 0.6% · Net margin 16.3% · Return on equity 6.0% · Return on assets (EBIT) 5.7%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).

What moves the price

The share trades about 24% below its 52-week high and 42% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Technology peers we cover trades at −41% fair-value upside, at −80%, 688508 screens richer than that median.

Fair Value models

Bear ¥15.15 Fair Value ¥15.34 Bull ¥17.11
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 (¥0.5855 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. 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.
Highest evidence
Residual Income ¥15.61 ¥15.98 ¥17.25 76
Owner Earnings ¥18.56 ¥33.24 ¥59.97 71
EPV ¥14.53 ¥15.93 ¥17.09 70
All 17 models by family
DCF Models
Owner Earnings ¥18.56 ¥33.24 ¥59.97 71
Earnings-Based
Graham-Dodd ¥9.57 ¥64.49 ¥90.37 63
Lynch FV ¥18.90 ¥27.00 ¥35.10 61
PEG = 1.0 ¥18.90 ¥27.00 ¥35.10 57
EPV ¥14.53 ¥15.93 ¥17.09 70
Dividend Discount
Gordon GGM ¥3.43 ¥6.18 ¥8.51 68
DDM Multi-Stage ¥3.43 ¥5.64 ¥6.60 67
Multiples
P/E Multiple ¥29.54 ¥39.39 ¥49.24 63
P/S Multiple ¥17.94 ¥23.92 ¥29.90 58
P/B Multiple ¥17.94 ¥23.92 ¥29.90 55
EV/EBIT ¥29.89 ¥38.43 ¥46.96 63
EV/EBITDA ¥26.97 ¥34.52 ¥42.08 64
EV/Revenue ¥17.23 ¥22.78 ¥28.33 52
Asset-Based
NCAV (Graham) ¥10.29 ¥13.79 ¥20.58 51
Economic Profit
Residual Income ¥15.61 ¥15.98 ¥17.25 76
ROIC Compounder ¥14.53 ¥15.93 ¥17.09 70
Growth Earnings
Growth-Adj P/E ¥30.00 ¥42.86 ¥55.72 67

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Quality Score breakdown

Overall quality 50/100

Of which business quality 50 · Market factors (momentum, volatility) 38

Profitability 46
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 25
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 58
Share count: buybacks or dilution?

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Revenue & earnings trend

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. 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+18.5%
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.
+16.7%
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.
+21.6%
Start year 2020 (pandemic). Over 10 years: +19.8% a year
Revenue growth 14 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.
+17.3%
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘ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 5 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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
−3.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−4.4%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.6.9% vs 17.9%, slowing
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.23% → 17%
2025 sits 84% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)

688508 screens overvalued: fair value 80% below the price. Compare with NVIDIA Corporation →

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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 2/11 measures
Overall it trails its industry peers.
Valuation
Quality Score 50 · Below median
Fair Value upside −80.0% · Bottom 25%
Profitability
Return on equity (TTM) 6.0% · Below median
Return on assets 0.7% · Below median
Net margin (TTM) 14.0% · Above median
Operating margin (TTM) 13.6% · Above median
Growth and dividend
Revenue growth −2.6% · Bottom 25%
Dividend yield (TTM) 0.6% · Below median

Valuation Multiplesvs Semiconductors median · lower = cheaper

P/E (TTM) 62.3× · Pricier than median
P/B 4.05× · Pricier than median
P/S (TTM) 9.72× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)0 · sector 68
PAST (return on equity)24 · sector 25
HEALTH (low debt)0 · sector 95
DIVIDEND (yield)12 · sector 19

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

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

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Micron Technology, Inc MU $1,054 $151.51 −86%
Advanced Micro Devices, Inc AMD $630.63 $122.60 −81%
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Intel Corporation INTC $115.93 $33.67 −71%
Arm Holdings ARM $310.32 $44.44 −86%
MediaTek Inc 2454 5,285 TWD 3,142 TWD −41%
Texas Instruments Incorporated TXN $278.07 $81.75 −71%

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Cite: Fair Value Calculator (2026). "Wuxi Chipown Micro-electronics Ltd Fair Value". https://www.fairvalue-calculator.com/stock/688508

Frequently asked questions

Is Wuxi Chipown Micro-electronics Ltd (688508) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥15.34 versus a price of ¥76.59, about −80% upside (overvalued).
What is the fair value of 688508?
Our model-based fair value for Wuxi Chipown Micro-electronics Ltd is ¥15.34 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥76.59.
What is the quality score of 688508?
Wuxi Chipown Micro-electronics Ltd 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 price target for Wuxi Chipown Micro-electronics Ltd (688508)?
Our model-based price target is the fair value of ¥15.34 (as of Sep 24, 2026) from 17 valuation models. Cautious scenario ¥15.15, optimistic scenario ¥17.11. It is a calculation from audited fundamentals, not an analyst target.
What is the Wuxi Chipown Micro-electronics Ltd stock forecast for 2026?
Our models put fair value at ¥15.34, about −80% upside versus a price of ¥76.59 (overvalued). Cautious scenario ¥15.15, optimistic scenario ¥17.11. The calculation is refreshed regularly with new filings.
What is the revenue of Wuxi Chipown Micro-electronics Ltd (688508)?
Wuxi Chipown Micro-electronics Ltd reported trailing-twelve-month revenue of about 1.1B CNY (latest available figure, as of Sep 24, 2026).
Does Wuxi Chipown Micro-electronics Ltd pay a dividend?
Wuxi Chipown Micro-electronics Ltd currently shows a dividend yield of about 0.59% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Wuxi Chipown Micro-electronics Ltd (688508)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Wuxi Chipown Micro-electronics Ltd it is ¥15.34 per share (as of Sep 24, 2026), against a price of ¥76.59. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Wuxi Chipown Micro-electronics Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 688508 trades above its calculated fair value: price ¥76.59, fair value ¥15.34, a gap of about −80% (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 688508?
No. The price is what the market pays today (¥76.59); the fair value is what the company's own numbers justify (¥15.34). For Wuxi Chipown Micro-electronics Ltd the two are ¥61.25 per share apart. That gap is exactly why we show both numbers side by side.
How much is Wuxi Chipown Micro-electronics Ltd worth?
The market values Wuxi Chipown Micro-electronics Ltd at about 11.0B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥76.59; our models calculate a fair value of ¥15.34 per share.
What do the bullish and bearish scenarios say about 688508?
Our models span a range for Wuxi Chipown Micro-electronics Ltd: cautious scenario ¥15.15, base ¥15.34, optimistic ¥17.11 per share (as of Sep 24, 2026, price ¥76.59). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688508?
Wuxi Chipown Micro-electronics Ltd trades at a price-to-earnings ratio of 62.3 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥15.34 is built from several models across several years. Other multiples: P/B 4.1, P/S 9.7.
How solid is the balance sheet of Wuxi Chipown Micro-electronics Ltd (688508)?
Balance-sheet figures for Wuxi Chipown Micro-electronics Ltd (as of Sep 24, 2026): return on equity 6.0%. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 688508 from its 52-week high?
Wuxi Chipown Micro-electronics Ltd trades at ¥76.59, about 24% below its 52-week high of ¥101.00 and 42% above the low of ¥54.11 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ¥15.34 is for.
Which stocks are comparable to Wuxi Chipown Micro-electronics Ltd?
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 Wuxi Chipown Micro-electronics Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price ¥76.59, calculated fair value ¥15.34 (−80%), Quality Score 50/100, from 17 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 688508 calculated?
We run Wuxi Chipown Micro-electronics Ltd through 17 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 ¥15.34, 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 14.7 % above its aggregate fair value. Wuxi Chipown Micro-electronics Ltd 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 Wuxi Chipown Micro-electronics Ltd (688508)?
The closing price on Sep 30, 2026 was ¥76.59. Our model-based fair value is ¥15.34, about −80% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Wuxi Chipown Micro-electronics Ltd right now?
The price sits above even our optimistic bull case (¥17.11). 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. The models converge in a tight band (¥15.15 to ¥17.11), unusually little disagreement for a valuation.

Key figures of Wuxi Chipown Micro-electronics Ltd

How large is the market capitalisation of Wuxi Chipown Micro-electronics Ltd (688508)?
The market capitalisation of Wuxi Chipown Micro-electronics Ltd is 11.0B CNY (≈ $1.6B). 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/S ratio of Wuxi Chipown Micro-electronics Ltd (688508)?
The price-to-sales ratio of Wuxi Chipown Micro-electronics Ltd is 10.2 (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 Wuxi Chipown Micro-electronics Ltd (688508)?
Earnings per share at Wuxi Chipown Micro-electronics Ltd are ¥1.23 (price ÷ EPS = P/E 62.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Wuxi Chipown Micro-electronics Ltd (688508)?
The dividend yield of Wuxi Chipown Micro-electronics Ltd is 0.6% (payout 36.6%). 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 Wuxi Chipown Micro-electronics Ltd (688508)?
The net margin of Wuxi Chipown Micro-electronics Ltd is 16.3% (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 Wuxi Chipown Micro-electronics Ltd (688508)?
The return on equity (ROE) of Wuxi Chipown Micro-electronics Ltd is 6.0% (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 Wuxi Chipown Micro-electronics Ltd (688508)?
On an EBIT basis the return on assets of Wuxi Chipown Micro-electronics Ltd is 5.7% (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 Wuxi Chipown Micro-electronics Ltd (688508)?
The operating margin of Wuxi Chipown Micro-electronics Ltd is 13.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Wuxi Chipown Micro-electronics Ltd (688508)?
Revenue at Wuxi Chipown Micro-electronics Ltd is growing −2.6% versus a year earlier (3y avg +16.7%). 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 Wuxi Chipown Micro-electronics Ltd (688508)?
Earnings per share at Wuxi Chipown Micro-electronics Ltd are growing −68.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Wuxi Chipown Micro-electronics Ltd (688508) generate?
The free cash flow of Wuxi Chipown Micro-electronics Ltd is −73.8M CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Wuxi Chipown Micro-electronics Ltd (688508) hold?
Wuxi Chipown Micro-electronics Ltd holds more cash than debt, 156M CNY net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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