---
title: "東芯半導體股份有限公司 (688110.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/688110.SH.md"
symbol: "688110.SH"
name: "東芯半導體股份有限公司"
industry: "半導體廠商"
---

# 東芯半導體股份有限公司 (688110.SH)

| Item | Detail |
|------|--------|
| Industry | 半導體廠商 |
| Location | 滬深市場 |
| Website | [www.dosilicon.com](https://www.dosilicon.com) |

## Company Profile

公司成立于 2014 年，總部位于上海，在深圳、南京、香港、韓國均設有分公司或子公司，矢志成為領先的存儲芯片設計公司，服務全球客戶。作為 Fabless 芯片企業，公司的半導體擁有獨立自主的知識產權，聚焦于中小容量 NAND/NOR/DRAM 芯片的研發、設計和銷售，是目前國內少數可以同時提供 NAND/NOR/DRAM 設計工藝和產品方案的存儲芯片研發設計公司。公司主營業務圍繞利基型存儲芯片設計領域。公司的主要產品為非易失性存儲芯片 NAND Flash、NOR Flash，易失性存儲芯片 DRAM 以及衍生產品 MCP。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-14T04:30:08.000Z

**Overall: C (0.46)**

**Industry**: Semiconductors

| Metric | Value |
|--------|-------|
| Industry Ranking | 80 / 163 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Growth - Stocks whose main business is in the growth stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 26.39% |  |
| Net Profit YoY | 36.97% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 19.00 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 59.11B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 766.54M |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -5.75% | D |
| Profit Margin | -23.87% | E |
| Gross Margin | 25.25% | C |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 26.39% | A |
| Net Profit YoY | 36.97% | B |
| Total Assets YoY | -5.15% | D |
| Net Assets YoY | -5.08% | D |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -418.89% | E |
| OCF YoY | 26.39% | A |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.22 | D |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 5.21% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 東芯半導體股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-5.75%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-23.87%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "25.25%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "26.39%",
          "rating": "A"
        },
        {
          "name": "Net Profit YoY",
          "value": "36.97%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "-5.15%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-5.08%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-418.89%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "26.39%",
          "rating": "A"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.22",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "5.21%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 寒武紀-U (SH.688256) | A | A | B | A | B | A |
| 02 | 瑞芯微 (SH.603893) | A | A | A | A | B | A |
| 03 | 海光信息 (SH.688041) | B | A | C | B | B | B |
| 04 | 兆易創新 (SH.603986) | B | A | C | A | B | B |
| 05 | 瀾起科技 (SH.688008) | A | A | C | A | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -322.99 | 163/170 | - | - | - |
| PB | 19.00 | 159/170 | 16.69 | 12.55 | 4.27 |
| PS (TTM) | 77.11 | 164/170 | 69.35 | 53.64 | 20.88 |
| Dividend Yield | 0.00% | - | - | - | - |

## Institutional View

### Analyst Rating Distribution

> As of 2025-11-09T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------|
| Buy | 0 | 0% |
| Overweight | 0 | 0% |
| Hold | 0 | 0% |
| Underweight | 0 | 0% |
| Sell | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 133.64 |
| Highest Target | 20.00 |
| Lowest Target | 20.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/688110.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/688110.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/688110.SH/topics.md) - Community topics and discussions

---

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