Company profiles›Semitronix

Semitronix

301095.SZFounded 2003Reviewed 2026-08-30

Hangzhou company founded in 2003 selling yield-improvement EDA software (test-chip design), circuit IP, WAT high-speed electrical test equipment and semiconductor data analytics, listed on ChiNext in August 2022 (301095.SZ). FY2025 revenue was RMB 735M (+34.40% YoY) with net profit of RMB 88.7M; software development and licensing revenue grew 75.13% to RMB 278M.

Scale

~$102.3Mrevenue FY2025 · CNY 0.7B
~$1.9Bmarket cap · 2026-10-04
826 (221 parent + 605 subsidiaries)employees · 2025

Gap vs frontier

Bottlenecksector position

Sector-level position; no priceable accelerator silicon to compare chip-by-chip.

Semitronix: bottleneck tier in EDA software, ~$102.3M FY2025 revenue.

The chip stackEach layer depends on the layers below it
1 · ChipsWhat the stack produces
2 · Design toolsSoftware and IP to design them
3 · ManufacturingPlants that turn designs into silicon
4 · EquipmentMachines inside the plants
5 · MaterialsWhat the plants consume

Company at a glance

Scale

Revenue up 54% since FY2023

Growth prospects

Expanding customer base and product roadmap

via money.finance.sina.com.cn ↗Revenue RMB 735M (+34.40% YoY); net profit RMB 88.7M (+10.49%); software development and licensing revenue RMB 278M (+75.13%); annual report dated 20…via file.finance.sina.com.cn ↗Foundries and IDMs include Hua Hong Group (first WAT tool accepted October 2019, later rolled out group-wide), CXMT (长鑫存储), Cansemi (粤芯), Nexchip (晶合…

China competition

Competes with Empyrean, Primarius, Xpeedic in EDA — peers listed at sector level.

Bottleneck

Global comparables

Global reference set: Synopsys, Cadence, Siemens EDA.

PDF Solutions (yield analytics and test-chip services)

Technical gap

Sector rated bottleneck vs the frontier.

Obstacles

US export-control exposure

via wabei.cn ↗Not identified among the A-share companies named in media tallies of the December 2024 US Entity List additions

Official filings: FY2025 annual report (Sina Finance) ↗ · Company: FY2025 annual report at a glance ↗ · IPO listing announcement (CNINFO) ↗

All sourced facts (6)
  • Founded / HQ: 2003, Hangzhou via ab-sm.com ↗
  • Listing: Shenzhen ChiNext, 301095.SZ, 2022-08-05 via static.cninfo.com.cn ↗
  • FY2025 results: Revenue RMB 735M (+34.40% YoY); net profit RMB 88.7M (+10.49%); software development and licensing revenue RMB 278M (+75.13%); annual report dated 2026-04-22 via money.finance.sina.com.cn ↗
  • Customers: Foundries and IDMs include Hua Hong Group (first WAT tool accepted October 2019, later rolled out group-wide), CXMT (长鑫存储), Cansemi (粤芯), Nexchip (晶合), and Samsung Electronics via file.finance.sina.com.cn ↗
  • FY2025 business highlights: WAT tester shipments grew for another consecutive year; test equipment and accessories remained the largest revenue line at roughly 62% of FY2025 revenue (about RMB 453M) via semitronix.com ↗
  • Export-control status: Not identified among the A-share companies named in media tallies of the December 2024 US Entity List additions via wabei.cn ↗

About

Combined hardware-software model: test-chip EDA tools and IP, WAT (wafer acceptance test) electrical testers, and yield data analytics sold to foundries, IDMs and memory makers; hardware is the largest revenue line while software carries the fastest growth.

Founded 2003

Why it matters

Electrical yield ramp is a gating capability for new fabs and new process nodes, and Semitronix's WAT testers broke the foreign monopoly in parametric test hardware while its yield EDA competes with PDF Solutions-class offerings at every major Chinese fab.

Where it sits in the stack

Key semiconductor products

  • Yield-improvement EDA software for test-chip design and circuit IP
  • WAT high-speed electrical wafer-acceptance test equipment
  • Semiconductor data analytics software and DFT/DFM capabilities

Financials

301095.SZ · Shenzhen Stock Exchange ChiNext 301095.SZ · via Yahoo Finance ↗

Financial trajectory via annual filings via Yahoo Finance

RMB billions
RMB 0.48BRMB 0.13B
2023
RMB 0.55BRMB 0.08B
2024
RMB 0.73BRMB 0.09B
2025

Market data refreshed daily; annual figures from exchange filings. Figures in the reporting currency shown on the chart.

Ecosystem

Global peer set

  • PDF Solutions (yield analytics and test-chip services)
  • Advantest / Keysight (parametric electrical test hardware, adjacent)
  • Synopsys (yield-aware EDA, adjacent)

Competitive position

  • WAT test equipment broke the foreign monopoly and is the domestic volume leader in this parametric-test niche
  • Software-plus-hardware ecosystem couples test-chip EDA, WAT measurement and yield analytics for full-flow electrical monitoring
  • Customer base spans major Chinese foundries and memory makers plus overseas IDM Samsung
  • Global comparables: PDF Solutions (yield analytics and test-chip services)
  • Global comparables: Advantest / Keysight (parametric electrical test hardware, adjacent)
  • Global comparables: Synopsys (yield-aware EDA, adjacent)

Milestones and signals

  • 2003—Semitronix was founded.
  • 2022—Shenzhen ChiNext, 301095.SZ, 2022-08-05
  • 2025—Employees At End-2025: CNY 826 (221 parent + 605 subsidiaries)
  • 2026-10-04—Market cap: RMB 13.6B
  • FY2025—Revenue: RMB 735M
  • FY2025—Net Profit: RMB 88.7M

What to watch

  • Software revenue mix continuing to rise after +75% growth in FY2025
  • WAT tester placements at new domestic memory and logic fabs
  • Operating cash flow, which was RMB -122M in FY2025

Questions

Last reviewed 2026-07-11

Answered questions

What is the measurable gap versus global reference companies?

WAT test equipment broke the foreign monopoly and is the domestic volume leader in this parametric-test niche.

Open questions

  • Which products are qualified beyond pilots in design_company?
  • Which customers, fabs, or end markets show real adoption rather than policy interest?