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3986 Stock Chart & Stats
HK$486.20
-HK$94.80(-17.36%)
At close: 4:00 PM EDT
HK$486.20
-HK$94.80(-17.36%)
Day’s Range― - ―
52-Week RangeHK$220.00 - HK$1,248.00
Previous CloseN/A
Volume5.42M
Average Volume (3M)1.44M
Market Cap
HK$241.59B
Enterprise ValueHK$824.76B
Total Cash (Recent Filing)HK$17.43B
Total Debt (Recent Filing)HK$76.83M
Price to Earnings (P/E)25.8
Beta-1.92
Next Earnings
Oct 29, 2026EPS Estimate
10.24Next Dividend Ex-DateN/A
Dividend Yield0.25%
Share Statistics
EPS (TTM)11.44
Shares Outstanding33,253,100
10 Day Avg. Volume1,417,129
30 Day Avg. Volume1,435,622
Financial Highlights & Ratios
PEG Ratio1.66
Price to Book (P/B)7.03
Price to Sales (P/S)14.94
P/FCF Ratio123.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$1,254.00Price Target Upside157.92% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)24.75
Revenue Forecast (FY)HK$33.09B
Bulls Say, Bears Say
Bulls Say
Strong Revenue And MarginsThe sharp TTM recovery in revenue and profitability shows that GigaDevice can generate substantial earnings when semiconductor demand and product mix improve. High gross and operating margins provide resources for product development, customer support, and expansion across memory and MCU markets.
Exceptionally Low LeverageMinimal leverage gives GigaDevice considerable financial resilience and reduces interest and refinancing pressure through semiconductor cycles. Its improved ROE indicates stronger profit generation without relying on debt, preserving flexibility to fund investment and withstand weaker industry conditions.
Solid Cash GenerationOperating cash flow materially exceeding net income supports the quality of reported earnings and demonstrates effective cash generation during the recovery. Expanded free cash flow can support research, product launches, capacity planning, and other strategic priorities without requiring substantial external funding.
Bears Say
Cyclical EarningsThe company’s profitability is highly sensitive to semiconductor industry conditions, product mix, and demand cycles. Although TTM results are strong, prior margin deterioration shows that earnings power may fluctuate materially, making sustained performance less predictable over the next several quarters.
Inconsistent Free Cash Flow ConversionStrong operating cash flow is offset by uneven conversion into free cash flow, with TTM free cash flow below net income. This indicates that working-capital and investment swings can absorb accounting profits, potentially limiting the cash available for durable reinvestment or shareholder returns.
Outsourced Manufacturing DependenceThe fabless model avoids owning fabrication assets but leaves production dependent on external foundry and OSAT execution. The company must secure manufacturing capacity, favorable wafer pricing, packaging, testing, and yields, creating structural constraints on supply and cost control.
Giga Device Semiconductor Inc. Class H News
3986 FAQ
What was Giga Device Semiconductor Inc. Class H’s price range in the past 12 months?
Giga Device Semiconductor Inc. Class H lowest stock price was HK$220.00 and its highest was HK$1248.00 in the past 12 months.
What is Giga Device Semiconductor Inc. Class H’s market cap?
Giga Device Semiconductor Inc. Class H’s market cap is HK$241.59B.
When is Giga Device Semiconductor Inc. Class H’s upcoming earnings report date?
Giga Device Semiconductor Inc. Class H’s upcoming earnings report date is Oct 29, 2026 which is in 3 days.
How were Giga Device Semiconductor Inc. Class H’s earnings last quarter?
Giga Device Semiconductor Inc. Class H released its earnings results on Aug 18, 2026. The company reported HK$8.993 earnings per share for the quarter, beating the consensus estimate of HK$5.524 by HK$3.469.
Is Giga Device Semiconductor Inc. Class H overvalued?
According to Wall Street analysts Giga Device Semiconductor Inc. Class H’s price is currently Undervalued.
Does Giga Device Semiconductor Inc. Class H pay dividends?
Giga Device Semiconductor Inc. Class H pays a Notavailable dividend of HK$0.856 which represents an annual dividend yield of 0.25%. See more information on Giga Device Semiconductor Inc. Class H dividends here
What is Giga Device Semiconductor Inc. Class H’s EPS estimate?
Giga Device Semiconductor Inc. Class H’s EPS estimate is 10.24.
How many shares outstanding does Giga Device Semiconductor Inc. Class H have?
Giga Device Semiconductor Inc. Class H has 33,253,100 shares outstanding.
What happened to Giga Device Semiconductor Inc. Class H’s price movement after its last earnings report?
Giga Device Semiconductor Inc. Class H reported an EPS of HK$8.993 in its last earnings report, beating expectations of HK$5.524. Following the earnings report the stock price went down -6.588%.
Which hedge fund is a major shareholder of Giga Device Semiconductor Inc. Class H?
Currently, no hedge funds are holding shares in HK:3986
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Giga Device Semiconductor Inc. Class H Stock Smart Score
Underperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
HK$1,254.00 (157.92% Upside)
HK$1,254.00 (157.92% Upside)
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
―
12-Months-Change
Fundamentals
Return on Equity
31.64%
Trailing 12-Months
Asset Growth
126.19%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Giga Device Semiconductor Inc. Class H
GigaDevice Semiconductor Inc., founded in Beijing, China, in 2005, specializes in the research, development, technical support, and global distribution of a broad array of semiconductor components. The company's diverse product portfolio includes various memory solutions such as SPI NOR, SPI NAND, parallel NAND, and advanced flash products like wafer-level chip scale packaging (WLCSP) and known good die (KGD), along with associated packaging. Its microcontroller lineup consists of 32-bit devices utilizing Arm Cortex-M architectures (M3, M4, M23, M33, M7) and RISC-V technology. Furthermore, GigaDevice provides sensors, including touch controllers, fingerprint recognition modules, and barometric pressure sensors. An extensive range of analog products is also offered, covering general power supply devices (such as low drop linear regulators and DC-DC converters), application-specific standard products (ASSPs) for DDR and TWS earbud power management, and various motor drivers (e.g., 3-Phase MOSFET pre-drivers, brushed DC motor drivers, multi-channel full-bridge drivers, and brushless DC motor driver SOCs). Other analog solutions include charging management and protection ICs, signal chain components like ADCs, operational amplifiers, comparators, and high-precision voltage references, alongside current monitors and temperature/humidity sensors, and BMS AFE products. Beyond its primary semiconductor operations, the company is involved in semiconductor market research, software technology development, technology consulting, property leasing, equity investments, business management consulting, and various IT and scientific services. Its diverse product portfolio serves key sectors including automotive, industrial, personal computers and peripherals, consumer electronics, the Internet of Things (IoT), network communication, and mobile applications. GigaDevice reaches its global customer base through direct operations and a broad network of distributors spanning China, Singapore, the United States, South Korea, Japan, the United Kingdom, Germany, Turkey, Italy, and Mexico. The company, initially known as GigaDevice Semiconductor (Beijing) Inc., adopted its current name, GigaDevice Semiconductor Inc., in August 2022.
3986 Stock 12 Month Forecast
Average Price Target
HK$1,254.00
▲(157.92% Upside)
Technical Analysis
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