---
title: "China Resources Microelectronics Limited (688396.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/688396.SH.md"
symbol: "688396.SH"
name: "China Resources Microelectronics Limited"
industry: "Semiconductors"
datetime: "2026-05-20T09:36:06.826Z"
locales:
  - [en](https://longbridge.com/en/quote/688396.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/688396.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/688396.SH.md)
---

# China Resources Microelectronics Limited (688396.SH)

## Company Overview

China Resources Microelectronics Limited engages in the manufacture and sale of semiconductors in China and internationally. The company offers power devices, power modules, power integrated circuits (ICs), and intelligent sensors and controls. It also provides electric vehicle driving scheme, BMS scheme, landscape tools scheme, LED bulb/downlight, LED filament lamp power supply, dimming power supply, mobile charger power supply, and lithium battery protection board. Its products are used in TV power source, charger/adapter, wireless charging, electric bicycle, UPS power, electric/garden tools, industrial welder, lithium battery protection products, garden tool, vacuum cleaner, electric energy storage, charging post, inverter welding, inverter, e-ciga atomizer, IH, class-D audio amplifier, MPPT, portable energy storage, and high-power supply applications.

| Item | Detail |
|------|--------|
| Industry | Semiconductors |
| Exchange | CN Market |
| Website | [www.crmicro.com](https://www.crmicro.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: B
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-20T04:30:09.000Z

**Overall: B (0.37)**

**Industry**: Semiconductors

| Metric | Value |
|--------|-------|
| Industry Ranking | 12 / 165 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: B

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 11.58% |  |
| Net Profit YoY | 11.67% |  |
| P/B Ratio | 3.68 |  |
| Dividend Ratio | 0.13% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 85396186413.88 |  |
| Revenue | 11576845443.11 |  |

#### Multi Score Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.97% | C |
| Profit Margin | 7.85% | B |
| Gross Margin | 25.48% | C |
| Revenue YoY | 11.58% | B |
| Net Profit YoY | 11.67% | C |
| Total Assets YoY | 4.86% | C |
| Net Assets YoY | 2.97% | C |
| Cash Flow Margin | 269.04% | A |
| OCF YoY | 11.58% | B |
| Turnover | 0.39 | C |
| Gearing Ratio | 17.87% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - China Resources Microelectronics Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "11.58%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "11.67%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "3.68",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.13%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "85396186413.88",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "11576845443.11",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "B",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.97%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "7.85%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "25.48%",
          "rating": "C"
        },
        {
          "name": "Revenue YoY",
          "value": "11.58%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "11.67%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.86%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.97%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "269.04%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "11.58%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.39",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "17.87%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 93.95 | 48/165 | 92.34 | 83.04 | 77.28 |
| PB | 3.68 | 39/165 | 3.25 | 2.95 | 2.77 |
| PS (TTM) | 7.38 | 66/165 | 6.97 | 6.29 | 5.99 |
| Dividend Yield | 0.13% | 74/165 | 0.17% | 0.15% | 0.12% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Cambricon (688256.SH) | A | A | B | A | B | A |
| 02 | Rockchip (603893.SH) | A | A | A | A | B | A |
| 03 | Puya semiconductor (688766.SH) | B | A | A | B | B | A |
| 04 | Hygon Information Technology (688041.SH) | B | A | C | B | C | B |
| 05 | Montage Technology (688008.SH) | A | A | D | A | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-27T16:00:00.000Z

Total Analysts: **9**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 44% |
| Overweight | 1 | 11% |
| Hold | 2 | 22% |
| Sell | 2 | 22% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 65.61 |
| Highest Target | 81.02 |
| Lowest Target | 37.46 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/688396.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/688396.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/688396.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/688396.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**