---
title: "上海合晶硅材料股份有限公司 (688584.SH)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/688584.SH.md"
symbol: "688584.SH"
name: "上海合晶硅材料股份有限公司"
industry: "半导体厂商"
---

# 上海合晶硅材料股份有限公司 (688584.SH)

| Item | Detail |
|------|--------|
| Industry | 半导体厂商 |
| Location | 沪深市场 |
| Website | [www.waferworks.com.cn](https://www.waferworks.com.cn) |

## Company Profile

公司中国少数具备从晶体成长、衬底成型到外延生长全流程生产能力的半导体硅外延片一体化制造商。公司致力于研发并应用行业领先工艺，为国内外客户提供高平整度、高均匀性、低缺陷度的高端半导体硅外延片。公司的外延片产品主要用于制备功率器件和模拟芯片等，被广泛应用于汽车、通信、电力、工业、消费电子、高端装备等领域。公司主要从事半导体硅外延片的研发、生产及销售。主要产品为半导体硅外延片。企业荣誉：公司获得台积电、华虹集团、安森美、达尔多家公司颁发 “杰出供货商” 等荣誉奖杯。多次荣获华虹宏力、台积电、达尔等客户颁发的最佳或杰出供应商荣誉。

## 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: 2026-02-25T04:30:10.000Z

**Overall: B (0.38)**

**Industry**: Semiconductors

| Metric | Value |
|--------|-------|
| Industry Ranking | 46 / 162 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **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 | 13.42% |  |
| Net Profit YoY | 31.23% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 3.75 |  |
| Dividend Ratio | 0.86% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 15.42B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.27B |  |


**Multi Score**: B

#### Profit Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 3.58% | C |
| Profit Margin | 11.55% | B |
| Gross Margin | 30.77% | C |

#### Growth Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 13.42% | B |
| Net Profit YoY | 31.23% | B |
| Total Assets YoY | 3.80% | C |
| Net Assets YoY | 1.08% | C |

#### Cash Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | 865.47% | B |
| OCF YoY | 13.42% | B |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.27 | D |

#### Debt Score: A

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 12.44% | A |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 上海合晶硅材料股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "3.58%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "11.55%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "30.77%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "B",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "13.42%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "31.23%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "3.80%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "1.08%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "B",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "865.47%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "13.42%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.27",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "A",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "12.44%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 寒武纪-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 | 兆易创新 (SH.603986) | B | A | C | A | B | B |
| 05 | 澜起科技 (SH.688008) | A | A | C | A | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 105.46 | 60/170 | 115.70 | 100.59 | 95.15 |
| PB | 3.75 | 51/170 | 3.93 | 3.51 | 2.84 |
| PS (TTM) | 12.19 | 109/170 | 13.13 | 11.40 | 10.23 |
| Dividend Yield | 0.86% | 12/170 | 1.76% | 0.92% | 0.83% |

## Institutional View

### Analyst Rating Distribution

> As of 2025-10-27T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 24.64 |
| Highest Target | 31.00 |
| Lowest Target | 31.00 |

## References

- [Company Overview](https://longbridge.com/en/quote/688584.SH/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/688584.SH/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/688584.SH/topics.md) - Community topics and discussions

---

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