China Resources Microelectronics (688396) Stock Price, Fundamentals & Analysis

What 688396 does

China Resources Microelectronics (688396) is a semiconductor company listed on the Shanghai Stock Exchange stocks. It designs and manufactures power devices, power modules, power integrated circuits, and intelligent sensors and controls. Its products are used in applications ranging from TV power supplies and chargers to electric vehicle driving schemes, battery management systems, LED lighting, and portable energy storage. The company is a subsidiary of China Resources (Holdings) Co., Ltd. and operates in the same space as peers such as Will Semiconductor (603501) and Semiconductor Manufacturing International Corporation (688981).

Key numbers explained

• Price: The current trading price is 59.17 CNY.
• Trailing P/E ratio: 77.9 — this compares the current share price to the last 12 months of earnings per share (0.76 CNY), showing how much investors pay for each unit of recent earnings.
• Forward P/E ratio: 52.4 — similar to the trailing P/E but based on expected future earnings, often used to gauge growth expectations.
• Dividend yield: 0.13% — the annual dividend as a percentage of the current price; the company pays out 10% of its earnings as dividends, with the next ex-dividend date on 25 iun. 2026.
• Beta: 0.9 — a measure of the stock's volatility relative to the market; a beta below 1 suggests it is slightly less volatile than the overall market.
• Market cap: 78.59 mld. CNY — the total market value of all outstanding shares.
• Revenue growth: 14.2% year over year on trailing 12-month revenue of 11.96 mld. CNY.
• 52-week range: 43.71 – 101.99 — the lowest and highest prices over the past year, with the current price near the lower end of that range.

What to watch

As a Technology sector stock in the Semiconductors industry, 688396 can be sensitive to global chip demand cycles, supply chain developments, and shifts in end markets such as electric vehicles and consumer electronics. Investors often compare it with peers like Montage Technology (688008) and Shengyi Technology (600183) to understand relative positioning. Broader index movements, such as those in the CSI 300, can also influence its price.