001270.SHE Zhejiang Chengchang Technology Co. Ltd.
- Market cap
- CNY 16.5B
- P/E
- 135.8x
- P/B
- 10.33x
- ROE
- 7.9%
- Dividend yield
- 0.00%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 001270.SHE undervalued?
Graham numberThe Graham number of Zhejiang Chengchang Technology Co. Ltd. cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Zhejiang Chengchang Technology Co. Ltd. fundamental analysis
No fundamental analysis for Zhejiang Chengchang Technology Co. Ltd. yet.
Zhejiang Chengchang Technology Co. Ltd. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Zhejiang Chengchang Technology Co. Ltd.
Zhejiang Chengchang Technology Co., Ltd. engages in research and development, production, sale, and technical services of microwave and millimeter wave phased array T/R chips in China. The company offers power amplifier chips, single-supply power amplifier chip, multi-functional amplifier chip, low-noise amplifier chips, aspect ratio multifunctional chips, single-channel analog beamforming chip, multi-channel analog beamforming chip, silicone-based analog beamforming chip, d…
Full company profileZhejiang Chengchang Technology Co. Ltd. financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Zhejiang Chengchang Technology Co. Ltd. annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 99.8M | 133M | 175M | 211M | 278M | 287M | 212M | 405M | 420M |
| Gross Profit | 70.0M | 101M | 129M | 162M | 197M | 179M | 117M | 294M | 345M |
| Operating Income | 53.3M | 76.4M | 49.4M | 152M | 140M | 83.3M | -37.7M | 111M | 144M |
| EBITDA | 58.1M | 82.5M | 55.8M | 162M | 151M | 95.4M | -10.9M | 150M | 126M |
| Net Income | 57.9M | 66.6M | 45.5M | 160M | 133M | 79.7M | -31.1M | 117M | 127M |
| EPS | 0.48 | 0.55 | 0.34 | 1.05 | 0.73 | 0.39 | -0.15 | 0.57 | 0.61 |
| Balance Sheet | |||||||||
| Total Assets | 195M | 262M | 588M | 751M | 1.42B | 1.48B | 1.50B | 1.64B | 1.71B |
| Total Liabilities | 50.6M | 50.8M | 51.3M | 53.1M | 53.5M | 72.4M | 137M | 125M | 114M |
| Shareholders' Equity | 145M | 211M | 537M | 698M | 1.36B | 1.41B | 1.37B | 1.51B | 1.60B |
| Cash & Short-term Investments | 11.6M | 60.0M | 255M | 257M | 689M | 507M | 368M | 300M | 163M |
| Total Debt | 26.0M | 10.0M | - | 15.1K | 348K | 348K | 74.2M | - | - |
| Cash Flow | |||||||||
| Operating Cash Flow | -26.4M | 71.8M | 43.2M | 21.9M | -5.06M | -14.5M | -47.6M | -47.4M | - |
| Capital Expenditure | 8.54M | 7.75M | 12.7M | 23.6M | 75.6M | 117M | 146M | 13.5M | 22.2M |
| Free Cash Flow | -35.0M | 64.1M | 30.5M | -1.73M | -80.7M | -131M | -193M | -60.9M | 44.4M |
| Ratios | |||||||||
| ROE | 40.0% | 31.6% | 8.5% | 22.9% | 9.7% | 5.7% | -2.3% | 7.8% | 7.9% |
| ROA | 29.7% | 25.4% | 7.7% | 21.3% | 9.4% | 5.4% | -2.1% | 7.2% | 7.4% |
| Net Profit Margin | 58.0% | 50.3% | 26.0% | 75.8% | 47.8% | 27.7% | -14.7% | 28.9% | 30.2% |
| Debt to Equity | 0.18x | 0.05x | - | 0.00x | 0.00x | 0.00x | 0.05x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Zhejiang Chengchang Technology Co. Ltd. dividends
- Dividend yield
- 0.00%
- Forward dividend
- 0.20 CNY
- Payout ratio
- 0.0%
- Ex-dividend date
- May 27, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 590.00 | 0.00 | 0.0% |
| 2024 | CNY 31.3M | 0.15 | - |
| 2023 | CNY 40.3M | 0.20 | 50.5% |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | CNY 80.2M | 0.60 | 176.3% |
| 2019 | CNY 825K | 0.01 | 1.2% |
| 2018 | - | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.3:1 on May 7, 2024.
Who owns Zhejiang Chengchang Technology Co. Ltd.
- Insiders 50.78%
- Institutions 2.91%
- Public & others 46.30%
- Shares outstanding 206M
- Free float 103M
Zhejiang Chengchang Technology Co. Ltd. company profile
- Company name
- Zhejiang Chengchang Technology Co. Ltd.
- Ticker
- 001270.SHE
- Exchange
- Shenzhen Stock Exchange
- Sector
- Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Employees
- 221
- Fiscal year end
- December
- Address
- Building 3, Hangzhou, China, 310030
- Phone
- 86 571 8102 3628
- Website
- zjcckj.com
About Zhejiang Chengchang Technology Co. Ltd.
Zhejiang Chengchang Technology Co., Ltd. engages in research and development, production, sale, and technical services of microwave and millimeter wave phased array T/R chips in China. The company offers power amplifier chips, single-supply power amplifier chip, multi-functional amplifier chip, low-noise amplifier chips, aspect ratio multifunctional chips, single-channel analog beamforming chip, multi-channel analog beamforming chip, silicone-based analog beamforming chip, delay amplification multi-functional chips, and numerically controlled phase shifter chips. The company also provides numerically controlled attenuator chips, fixed attenuator chips, switching chips, equalizer chips, power divider chips, filter chips, directional coupler chips, and limiter chips. Its products are used in detection, remote sensing, communication, navigation, and electronic countermeasures, as well as deployed in spaceborne, airborne, shipborne, vehicle-mounted, and ground-based phased array radars. Zhejiang Chengchang Technology Co., Ltd. was incorporated in 2010 and is based in Hangzhou, China.
Zhejiang Chengchang Technology Co. Ltd. management
5- Mr. Liping WangGM & Director · born 1989
- Mr. Hongwei ZhangDeputy GM, Financial Director, Accounting Supervisor & Director · born 1975
- Mr. Qin ZhengDeputy GM & Director · born 1990
- Ms. Xiao Ting ZhaoDeputy GM & Secretary of the Board of Directors · born 1992
- Mr. Kun YangDeputy General Manager · born 1981