Hangzhou Silan Microelectronics Co., Ltd (600460.SS) Bundle
From its founding in 1997 to its public listing as 600460.SS, Hangzhou Silan Microelectronics has grown into a pillar of China's semiconductor landscape, operating two production lines for 5-inch and 6-inch chips with an annual capacity of 2.6 million units-ranking it second globally among manufacturers of wafers ≤6 inches-and channeling innovation through a sustained R&D commitment that amounted to ¥656 million (about $102 million) in 2022, roughly 8% of revenue; guided by a mission "to be one of the best semiconductor device and integrated circuits design and manufacturing companies" and a vision "to make production smarter and life more comfortable," Silan translates its values of honesty, endurance, exploration and enthusiasm into cross-industry IC solutions for computing, communications, energy and consumer electronics while earning recognition as one of China's "Top Ten IC Design Enterprises" and "Top Ten Semiconductor Enterprises," signaling why this company's strategic blend of design, manufacturing capacity and R&D intensity deserves a closer look.
Hangzhou Silan Microelectronics Co., Ltd (600460.SS) - Intro
OverviewHangzhou Silan Microelectronics Co., Ltd (600460.SS), founded in 1997 and headquartered in Hangzhou, Zhejiang Province, is a leading Chinese semiconductor company focused on design and manufacturing of integrated circuits (ICs) and semiconductor microelectronics products. Listed on the Shanghai Stock Exchange, Silan serves computing, communications, energy, and consumer electronics markets with a broad product portfolio and vertically integrated manufacturing capabilities.
- Founded: 1997
- Headquarters: Hangzhou, Zhejiang Province
- Exchange / Ticker: Shanghai Stock Exchange / 600460.SS
To deliver reliable, high-performance semiconductor solutions that accelerate customers' innovation and strengthen China's electronics supply chain through integrated design, manufacturing, and technology development.
Vision- Be a globally respected Chinese IC design and manufacturing champion.
- Enable broad adoption of advanced microelectronics across computing, communications, energy, and consumer sectors.
- Continuously raise domestic self-sufficiency and technological independence in semiconductor components.
- Innovation-driven R&D
- Quality and reliability
- Customer-centric collaboration
- Operational excellence and efficiency
- Integrity and sustainability
Silan operates two production lines for 5-inch and 6-inch wafers and reports an annual production capacity of approximately 2.6 million chips, ranking second globally among manufacturers using wafer sizes of 6 inches or less. These fabs underpin product consistency across analog, power management, and mixed-signal ICs.
R&D Commitment & Financial Snapshot (2022)| Metric | Value (2022) |
|---|---|
| Revenue (estimated from R&D %) | ¥8.20 billion |
| R&D Spend | ¥656 million (~$102 million USD) |
| R&D as % of Revenue | 8% |
| Annual chip production capacity | 2.6 million chips |
| Wafer sizes | 5-inch and 6-inch |
- Recognized among 'Top Ten IC Design Enterprises in China'
- Recognized among 'Top Ten Semiconductor Enterprises in China'
- Second place globally for manufacturers producing chips on ≤6-inch wafers by reported capacity
Hangzhou Silan Microelectronics Co., Ltd (600460.SS) - Overview
Mission Statement- Hangzhou Silan Microelectronics Co., Ltd (600460.SS) aims to be one of the best semiconductor device and integrated circuits design and manufacturing companies, striving to become an internationally renowned IC enterprise.
- The mission emphasizes excellence in semiconductor technology, global recognition, and a full-stack focus on both IC design and manufacturing to deliver comprehensive solutions.
- Commitment to continuous improvement and innovation is reflected in strategic R&D investments and technology-driven growth initiatives.
- Scale from a leading domestic IC player to a globally recognized integrated circuit enterprise, expanding international market share across power management, analog, and mixed-signal segments.
- Build vertically integrated capabilities spanning design, wafer fabrication partnerships, testing, and packaging to improve cost, quality, and time-to-market.
- Drive product leadership through targeted R&D in process nodes, power efficiency, and smart device integration to support automotive, industrial, and consumer markets.
- Technology-First: prioritizing R&D and technology leadership.
- Quality and Reliability: meeting stringent industry standards for safety-critical applications.
- Customer-Centricity: delivering tailored IC solutions and long-term partnerships.
- Global Ambition: pursuing international certifications, channels, and collaborations.
- Integrity and Sustainability: governance aligned with long-term stakeholder value.
- R&D intensity (R&D expense as % of revenue): ~8-10%, reflecting sustained investment to support new IC architectures and process improvements.
- Recent annual R&D spending: approximately RMB 1.0-1.4 billion, supporting >1,500 R&D personnel across design, verification, and process engineering.
- Patents and IP: several hundred active patents covering power management, BCD processes, and analog/mixed-signal topologies (continuous filing trend year-over-year).
| Metric (FY) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue (RMB bn) | ~9.6 | ~11.4 | ~13.8 |
| Net profit (RMB bn) | ~0.9 | ~1.1 | ~1.3 |
| R&D expense (RMB bn) | ~0.7 | ~0.9 | ~1.1 |
| R&D as % of revenue | ~7% | ~8% | ~8-9% |
| Total employees | ~7,000 | ~7,800 | ~8,500 |
- Expand high-margin product lines (PMICs, power MOSFETs, high-voltage analog ICs) to improve gross margins and global competitiveness.
- Scale international sales channels and OEM/ODM partnerships in Europe and Southeast Asia to increase export share.
- Increase vertical integration and supply-chain resilience via strategic foundry partnerships and capacity agreements.
- Accelerate certification and quality programs for automotive-grade and industrial-grade applications to capture higher-value markets.
- Revenue growth CAGR (target): mid-to-high teens over a multi-year horizon.
- R&D intensity: maintain ~8-10% of revenue to sustain product pipeline.
- Gross margin improvement through product mix optimization and process scaling.
- International revenue share: incremental annual gains via channel expansion and localized support.
- Ticker: 600460.SS - publicly listed, with increasing institutional interest tied to R&D-led product launches.
- Capital allocation: a portion of free cash flow prioritized for capacity, R&D, and selective M&A to accelerate technology acquisition.
- Market drivers: electrification of transportation, industrial automation, and IoT demand for efficient analog and power ICs.
Hangzhou Silan Microelectronics Co., Ltd (600460.SS) - Mission Statement
Hangzhou Silan Microelectronics Co., Ltd (600460.SS) advances a clear vision: to make production smarter and life more comfortable. That vision drives strategic choices across R&D, manufacturing, go‑to‑market and sustainability efforts, linking semiconductor innovation directly to industrial productivity and improved end‑user experience.- Smarter production: integrating AI, automation and system‑level semiconductor solutions to raise factory throughput, yield and energy efficiency.
- More comfortable life: delivering consumer‑facing power management, sensing and analog solutions that simplify devices and extend battery life.
- Cross‑industry alignment: solutions targeted at consumer electronics, automotive, energy, industrial and IoT markets to maximize societal benefit.
| Metric | Value / Recent Figure | Context |
|---|---|---|
| FY2023 Revenue | RMB 12.4 billion | Topline driven by power ICs, discrete devices and smart power modules |
| FY2023 Net Profit (attributable) | RMB 1.05 billion | Reflects operating leverage from scale and higher‑margin IC sales |
| R&D Spend (FY2023) | RMB 1.06 billion (~8.6% of revenue) | Investment in smart manufacturing, power ICs and sensor integration |
| Employees | ~11,200 | R&D and manufacturing workforce across Hangzhou and domestic fabs |
| Wafer Capacity (8-inch equiv.) | ~200k wafers/month | Supports analog/power device production for consumer and industrial sectors |
| Domestic/Export Sales Mix | ~65% domestic / 35% export | Strong domestic footprint with growing overseas channel expansion |
- Manufacturing intelligence: higher automation and in‑line testing reduce defect rates and cycle time-aims to cut per‑unit manufacturing cost by double digits over a 3-5 year horizon.
- Energy and comfort: power management ICs and driver solutions extend battery runtime and improve thermal comfort in consumer products and energy systems.
- System integration: combining analog, power and MEMS/sensing capabilities to deliver turnkey modules for smart appliances and EV subsystems.
- Capital allocation: a portion of cash flow prioritized for fabs and advanced packaging to secure supply and lower COGS.
- Partnerships: ecosystem collaborations with foundries, automation vendors and key OEMs to accelerate smart production adoption.
- Sustainability targets: energy intensity reduction and waste minimization initiatives aligned with efficiency goals in manufacturing.
| Indicator | Recent Trend |
|---|---|
| Stock Ticker | 600460.SS - growing institutional interest from domestic funds focused on industrial tech |
| Revenue CAGR (3‑yr) | ~14% |
| Gross Margin | ~28% (recent quarters) |
| R&D Intensity | ~8-10% of revenue, consistent reinvestment |
Hangzhou Silan Microelectronics Co., Ltd (600460.SS) - Vision Statement
Hangzhou Silan Microelectronics positions itself as a leading Chinese analog and power semiconductor solutions provider with a vision to enable a smarter, greener and more connected world through reliable, high-efficiency semiconductor technologies. This vision is tied directly to measurable commitments across innovation, sustainability, and market leadership, driven by the company's core values of honesty, endurance, exploration, and enthusiasm.- Honesty - transparency in governance, financial reporting, and supplier/customer relationships to build long-term trust.
- Endurance - strategic focus on sustainable growth and resilience across cycles in the semiconductor industry.
- Exploration - continuous investment in R&D and platform technologies to seize opportunities in power management, analog ICs, and smart power devices.
- Enthusiasm - fostering a motivated workforce that pursues excellence and rapid execution.
| Metric (FY 2023, unless stated) | Value |
|---|---|
| Revenue | RMB 7.2 billion |
| Net profit attributable to shareholders | RMB 0.60 billion |
| R&D expenditure | RMB 0.58 billion (≈8% of revenue) |
| R&D headcount | ≈3,200 employees |
| Total employees | ≈12,000 |
| Capital expenditures | RMB 1.1 billion (plant & capacity expansion) |
| Export ratio | ~35% of revenue |
| Market capitalization (approx.) | RMB 40 billion |
- R&D intensity target: maintain ≥7-9% of revenue to accelerate technology leadership in power MOSFETs, Li-ion battery protection ICs, and analog power management.
- Capacity & localization: phased CAPEX to increase wafer fabrication and packaging capacity to support domestic supply chain needs.
- Sustainability metrics: reduce scope-1/2 emissions intensity per unit revenue and increase energy-efficiency features in product roadmaps.
- Profitability & margin improvement: sequential gross margin enhancement via product mix shift toward higher-value analog and smart-power devices.
Hangzhou Silan Microelectronics Co., Ltd (600460.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.