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Profile & Fundamentals

Hua Hong Semiconductor Profile & Fundamentals

Name: Hua Hong Semiconductor financial chart data preview
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Company and Market Context

Company Profile & Ownership

Hua Hong Grace Semiconductor Limited, an investment holding company, engages in the manufacture and sale of semiconductor products in China, North America, Asia, and Europe. The company offers embedded non-volatile memory; standalone non-volatile memory, including NOR flash and EEPROM; power discrete devices; analog and power management platform; and specialty logic RF processes and image sensors. It also provides design services which covers design methodologies and design flow support, standard and customized internet protocol development, ASIC design, and one-stop services; multi-project wafer services; mask marking services; and backend, testing development, mass production, product engineering, and backside processing services. In addition, the company engages in real estate development; and trading activities. Its products are used in consumer electronics, industrial control, automotive electronics, Internet of Things, and communications and computers applications. Hua Hong Grace Semiconductor Limited was formerly known as Hua Hong Semiconductor Limited and changed its name to Hua Hong Grace Semiconductor Limited in May 2026. The company was founded in 1997 and is headquartered in Shanghai, the People's Republic of China.

Company profile record

Hua Hong Semiconductor Ltd

Common Stock · Information Technology · Semiconductors

Official website

Company

Company / asset: Hua Hong Semiconductor Ltd
Security type: Common Stock
Sector: Information Technology
Industry: Semiconductors
HQ: 🇨🇳 China
Head office: 288 Halei Road, Shanghai, China, 201203

Leadership & scale

Full-time employees: 7.7K
Fiscal year end: December

Fundamentals snapshot

Updated 2026-09-14

Market Cap: HKD 185.1B
P/E: 233.1x
Revenue (Q2 26): USD 717.5M
Profit (Q2 26): USD 38.6M
Dividend Yield: --
Revenue (FY 25): USD 2.4B
Shares in public float: 1.1B
Insider ownership: 27.82%

Reporting & identifiers

Symbol: 1347.HKEX
Listing: 🇭🇰 Hong Kong | Dividend Tax: 0%
Ticker Currency: HKD
Income Statement Currency: USD
Balance Sheet Currency: USD
Cash Flow Currency: USD
EPS Currency: USD
Contract Type: SPOT
ISIN: HK0000218211
Asset ID: equity_41099493-8a45-5cdf-be6c-31a33eda0145

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

The financial reports agree that the company's earnings are in a severe downward trend despite stable top-line revenues. While sales have remained relatively steady, operating income has plunged into negative territory. This massive gap between sales and actual profits is driven by the enormous costs of building new factories, which are now showing up on the books as heavy depreciation charges. The reports agree that the current net income is largely an accounting illusion supported by government subsidies rather than real business profits. However, there is some disagreement on how long these losses will last. Some believe the company will remain unprofitable for the next five years, while others suggest a slow recovery could begin once the new factories reach full production capacity and the heavy spending phase ends.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Published P/E

Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

AI Review

The company's profit margins have collapsed dramatically, with gross margins falling from over 34% to just 14%, pushing operating margins below zero. The reports agree that this margin crush is a permanent, structural change rather than a temporary setback. It is caused by the double blow of massive depreciation costs from new factories and intense price competition from other domestic chipmakers. The reports strongly agree that the stock's extremely high valuation is completely disconnected from this low-margin reality. However, they disagree on the future path of these margins. Some analysts expect margins to remain trapped near zero or negative for the foreseeable future due to a massive oversupply of chips. Others suggest that margins could recover slightly if the company successfully shifts its production toward higher-value automotive and power-management chips, which face less intense competition.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

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Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-15.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2016-12-31	721,428,000	39,272,000	128,832,000	30.54	20.92	17.86	5.44
2017-12-31	808,148,000	120,213,000	145,262,000	33.06	19.32	17.97	14.88
2018-12-31	930,268,000	44,563,000	183,158,000	33.45	19.96	19.69	4.79
2019-12-31	932,567,000	-759,347,000	162,237,000	30.29	12.6	17.4	-81.43
2020-12-31	961,279,000	-818,147,000	99,443,000	24.43	-2.35	10.34	-85.11
2021-12-31	1,630,754,000	-420,440,000	261,476,000	27.69	15.32	16.03	-25.78
2022-12-31	2,475,488,000	-245,317,000	449,912,000	34.08	23.98	18.17	-9.91
2023-12-31	292,716,133.16	-264,912,000	35,855,825.86	21.31	9.65	12.25	-90.5
2024-12-31	257,914,157.01	-298,630,888.03	7,478,507.08	10.24	-19.17	2.9	-115.79
2025-12-31	2,403,198,588	-1,031,146,737	52,468,701	14.3	-3.64	2.18	-42.91

Published valuation snapshots
Period end	P/E (times earnings)	Earnings basis
2025-12-31	333.54	Trailing four quarters
2024-12-31	117.66	Trailing four quarters
2023-12-31	15.52	Trailing four quarters
2022-12-31	10.19	Annual net income
2021-12-31	27.84	Annual net income

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	1,047,910,100
2018-01-01	1,172,799,300
2019-01-01	1,288,819,600
2020-01-01	1,297,818,300
2021-01-01	1,320,444,800
2022-01-01	1,314,496,500
2023-01-01	1,720,215,400
2024-01-01	1,724,086,700
2025-01-01	1,737,614,200
2026-01-01	1,737,721,400

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Balance Sheet
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Dividends & Actions
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