Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Chengdu Sino-Microelectronics Tech. Co., Ltd. ¥4.61, price ¥24.61, upside -81.3%, quality 36 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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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
32‑month range ¥13.53 – ¥56.81 · fair‑value band ¥3.62 – ¥5.16 · the ¥24.61 price screens above the ¥4.61 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Chengdu Sino-Microelectronics Tech. Co., Ltd., together with its subsidiaries, research and development, production, testing, sale, and service of special integrated circuits in China.
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Chengdu Sino-Microelectronics Tech. Co., Ltd., together with its subsidiaries, research and development, production, testing, sale, and service of special integrated circuits in China. The company digital integrated circuit products, including programmable logic devices, MCU/SoC/SIP system-level chips, and memories; and analog integrated circuits, such as analog-to-digital / digital-to- analog converter chips, interfaces and drive circuits, and power management, as well as ASIC/SoC system chip level solutions. Its products are used in industrial control, motor control, AIOT, robots, and smart devices. The company was founded in 2000 and is based in Chengdu, China.
Stock analysis
Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709) currently trades at ¥24.61, while our model-based Fair Value estimate is ¥4.61, 81.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ¥6.35 per share, and 0 of the 16 models we run sit above the ¥24.61 price.
Bear case: the Dividend Discount group reads lowest at ¥0.5100, and 16 of the 16 models stay below the price. Evidence for this calculation is low.
Scenario range: ¥3.62 (bear) to ¥5.16 (bull), the price of ¥24.61 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 36/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Chengdu Sino-Microelectronics Tech. Co., Ltd. reported revenue of 760M CNY in FY2025 versus 538M CNY in FY2021, a compound +9.0%/yr. Reported net income was 154M CNY in FY2025, compounding −2.9%/yr from FY2021.
Key figures
Market cap 17.2B CNY (≈ $2.6B) · P/E ratio 246.1 · P/S ratio 49.7 · EPS (TTM) ¥0.1000 · Dividend yield 0.2% · Net margin 20.2% · Return on equity 2.7% · Return on assets (EBIT) 12.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 55% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −64% fair-value upside, at −81%, 688709 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (¥0.5100 to ¥11.52). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ¥3.62Fair Value ¥4.61Bull ¥5.16
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 (¥0.0386 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.
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.14/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+25.8%
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.
−3.5%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 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 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. Basis: EBIT basis.
+4.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.1%
Dividend (yield on the price)0.2%
Profit margin 2021 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.38% → 39%
Compare Chengdu Sino-Microelectronics Tech. Co., Ltd. with another stock
Price, fair value, quality and upside side by side.
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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.Electronic Components · 633 stocks
Beats the industry median on 1/12 measures
Overall it trails its industry peers.
Valuation
Quality Score36 · Bottom 25%
Fair Value upside−81.3% · Bottom 25%
Profitability
Return on equity (TTM)2.7% · Below median
Return on assets1.6% · Below median
Net margin (TTM)9.1% · Above median
Operating margin (TTM)−43.7% · Bottom 25%
Growth and dividend
Revenue growth−33.6% · Bottom 25%
Dividend yield (TTM)0.2% · Bottom 25%
Balance sheet
Debt / equity0.20× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (TTM)246.1× · Priciest 25%
P/B5.78× · Priciest 25%
P/S (TTM)24.30× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 62
PAST (return on equity)11· sector 28
HEALTH (low debt)90· sector 95
DIVIDEND (yield)4· sector 25
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.
Is Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ¥4.61 versus a price of ¥24.61, about −81% upside (overvalued).
What is the fair value of 688709?
Our model-based fair value for Chengdu Sino-Microelectronics Tech. Co., Ltd. is ¥4.61 (as of Sep 24, 2026), built from audited fundamentals. The current price: ¥24.61.
What is the quality score of 688709?
Chengdu Sino-Microelectronics Tech. Co., Ltd. has a Quality Score of 36/100. 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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Our model-based price target is the fair value of ¥4.61 (as of Sep 24, 2026) from 16 valuation models. Cautious scenario ¥3.62, optimistic scenario ¥5.16. It is a calculation from audited fundamentals, not an analyst target.
What is the Chengdu Sino-Microelectronics Tech. Co., Ltd. stock forecast for 2026?
Our models put fair value at ¥4.61, about −81% upside versus a price of ¥24.61 (overvalued). Cautious scenario ¥3.62, optimistic scenario ¥5.16. The calculation is refreshed regularly with new filings.
What is the revenue of Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Chengdu Sino-Microelectronics Tech. Co., Ltd. reported trailing-twelve-month revenue of about 708M CNY (latest available figure, as of Sep 24, 2026).
Does Chengdu Sino-Microelectronics Tech. Co., Ltd. pay a dividend?
Chengdu Sino-Microelectronics Tech. Co., Ltd. currently shows a dividend yield of about 0.20% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chengdu Sino-Microelectronics Tech. Co., Ltd. it is ¥4.61 per share (as of Sep 24, 2026), against a price of ¥24.61. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Chengdu Sino-Microelectronics Tech. Co., Ltd. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 688709 trades above its calculated fair value: price ¥24.61, fair value ¥4.61, a gap of about −81% (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 688709?
No. The price is what the market pays today (¥24.61); the fair value is what the company's own numbers justify (¥4.61). For Chengdu Sino-Microelectronics Tech. Co., Ltd. the two are ¥20.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is Chengdu Sino-Microelectronics Tech. Co., Ltd. worth?
The market values Chengdu Sino-Microelectronics Tech. Co., Ltd. at about 17.2B CNY (market capitalisation, as of Sep 24, 2026). Per share that is ¥24.61; our models calculate a fair value of ¥4.61 per share.
What do the bullish and bearish scenarios say about 688709?
Our models span a range for Chengdu Sino-Microelectronics Tech. Co., Ltd.: cautious scenario ¥3.62, base ¥4.61, optimistic ¥5.16 per share (as of Sep 24, 2026, price ¥24.61). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688709?
Chengdu Sino-Microelectronics Tech. Co., Ltd. trades at a price-to-earnings ratio of 246.1 (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 ¥4.61 is built from several models across several years. Other multiples: P/B 5.8, P/S 24.3.
How solid is the balance sheet of Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Balance-sheet figures for Chengdu Sino-Microelectronics Tech. Co., Ltd. (as of Sep 24, 2026): return on equity 2.7%, debt of 0.20 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 688709 from its 52-week high?
Chengdu Sino-Microelectronics Tech. Co., Ltd. trades at ¥24.61, about 55% below its 52-week high of ¥54.42 and 6% above the low of ¥23.30 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of ¥4.61 is for.
Which stocks are comparable to Chengdu Sino-Microelectronics Tech. Co., Ltd.?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, 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 Chengdu Sino-Microelectronics Tech. Co., Ltd. stock attractive at the current price?
The data as of Sep 24, 2026: price ¥24.61, calculated fair value ¥4.61 (−81%), Quality Score 36/100, from 16 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 688709 calculated?
We run Chengdu Sino-Microelectronics Tech. Co., Ltd. through 16 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 ¥4.61, 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 14.5 % above its aggregate fair value. Chengdu Sino-Microelectronics Tech. Co., 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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The closing price on Sep 30, 2026 was ¥24.61. Our model-based fair value is ¥4.61, about −81% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chengdu Sino-Microelectronics Tech. Co., Ltd. right now?
The price sits above even our optimistic bull case (¥5.16). The favourable scenario is already priced in. Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Chengdu Sino-Microelectronics Tech. Co., Ltd.
How large is the market capitalisation of Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The market capitalisation of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 17.2B CNY (≈ $2.6B). 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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The price-to-sales ratio of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 49.7 (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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Earnings per share at Chengdu Sino-Microelectronics Tech. Co., Ltd. are ¥0.1000 (price ÷ EPS = P/E 246.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The dividend yield of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 0.2% (payout 49.0%). 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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The net margin of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 20.2% (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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The return on equity (ROE) of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 2.7% (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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
On an EBIT basis the return on assets of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 12.2% (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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
The operating margin of Chengdu Sino-Microelectronics Tech. Co., Ltd. is −43.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Revenue at Chengdu Sino-Microelectronics Tech. Co., Ltd. is growing −33.6% versus a year earlier (3y avg −3.5%). 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 Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709)?
Earnings per share at Chengdu Sino-Microelectronics Tech. Co., Ltd. are growing +324% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709) generate?
The free cash flow of Chengdu Sino-Microelectronics Tech. Co., Ltd. is −599M 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 debt does Chengdu Sino-Microelectronics Tech. Co., Ltd. (688709) carry?
The net debt of Chengdu Sino-Microelectronics Tech. Co., Ltd. is 379M CNY (fiscal year 2023). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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