Company Update – Xi’an Xice Testing Technology Co., Ltd. (XCTT)
Xi’an Xice Testing Technology Co., Ltd. (XCTT) traded at CNY 51.10 on 2025‑10‑22, falling within the 52‑week range of CNY 30.56 to CNY 73.39. The company’s market capitalization is CNY 4.44 billion, and it currently reports a price‑to‑earnings ratio of –26.83, reflecting negative earnings in recent periods.
Recent Trading Performance
On 2025‑10‑24, the Shanghai Composite Index finished 0.42 % above its five‑day moving average, signaling a broader market rally. Amid this backdrop, XCTT’s stock price surpassed both its five‑day and half‑year moving averages:
| Moving Average | Value (CNY) | Current Price (CNY) | % Above Average |
|---|---|---|---|
| Five‑day | 54.30 | 58.87 | +8.42 % |
| Half‑year | 51.71 | 59.03 | +14.15 % |
These crossovers were noted in market data reports released by 证券时报 and 财联社. The stock’s 15‑minute trading volume on the day exceeded CNY 18.16 billion, indicating strong liquidity.
Sector Context
XCTT operates in the testing and inspection sector, providing environmental and reliability testing, electronic component inspection, electromagnetic compatibility testing, and related equipment sales. The sector has received heightened attention due to the rapid development of semiconductor and aerospace technologies. In particular:
- Semiconductor Demand: Global memory suppliers are adjusting pricing, and AI‑driven storage demand is increasing. This environment benefits companies that offer testing services for high‑performance chips.
- Aerospace Growth: Commercial aerospace and space launch activities are expanding, as evidenced by the significant gains in commercial aerospace stocks on 2025‑10‑24. Although XCTT is not directly involved in aerospace manufacturing, its services are relevant to the testing of aerospace electronic components.
Financial Highlights
- Revenue: The most recent quarterly report (not included in the provided data) would be necessary to assess current performance; however, the negative P/E ratio indicates that the company has yet to achieve profitability.
- Market Position: With a market cap of CNY 4.44 billion, XCTT is a mid‑size player within the Chinese testing services industry.
Outlook
The recent crossing of key moving averages suggests a short‑term bullish sentiment for XCTT. The company’s services remain in demand within rapidly growing sectors such as semiconductors and aerospace. However, the negative earnings figure and the absence of recent profitability data warrant cautious monitoring. Investors should consider the broader market context, sector trends, and upcoming earnings announcements before making decisions.
