New Risk • 13h
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.4% average weekly change). New Risk • Apr 22
New major risk - Revenue and earnings growth Earnings have declined by 61% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Apr 15
Chipsea Technologies (Shenzhen) Corp., Ltd., Annual General Meeting, May 06, 2026 Chipsea Technologies (Shenzhen) Corp., Ltd., Annual General Meeting, May 06, 2026, at 15:00 China Standard Time. Location: 3F, Building T1, No. 3156, Keyuan South Road, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Mar 30
Chipsea Technologies (Shenzhen) Corp., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Chipsea Technologies (Shenzhen) Corp., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Reported Earnings • Mar 05
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.76 loss per share (improved from CN¥1.23 loss in FY 2024). Revenue: CN¥848.6m (up 21% from FY 2024). Net loss: CN¥106.0m (loss narrowed 39% from FY 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Price Target Changed • Jan 06
Price target increased by 12% to CN¥50.30 Up from CN¥44.85, the current price target is provided by 1 analyst. New target price is 47% above last closing price of CN¥34.21. Stock is up 11% over the past year. The company is forecast to post a net loss per share of CN¥0.01 next year compared to a net loss per share of CN¥1.23 last year. Announcement • Dec 26
Chipsea Technologies (Shenzhen) Corp., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Chipsea Technologies (Shenzhen) Corp., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.18 loss per share (vs CN¥0.43 loss in 3Q 2024) Third quarter 2025 results: CN¥0.18 loss per share (improved from CN¥0.43 loss in 3Q 2024). Revenue: CN¥241.2m (up 47% from 3Q 2024). Net loss: CN¥24.1m (loss narrowed 59% from 3Q 2024). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Chipsea Technologies (Shenzhen) Corp., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Chipsea Technologies (Shenzhen) Corp., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 22
Second quarter 2025 earnings released: CN¥0.10 loss per share (vs CN¥0.15 loss in 2Q 2024) Second quarter 2025 results: CN¥0.10 loss per share (improved from CN¥0.15 loss in 2Q 2024). Revenue: CN¥215.5m (up 8.4% from 2Q 2024). Net loss: CN¥14.8m (loss narrowed 31% from 2Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Jun 30
Chipsea Technologies (Shenzhen) Corp., Ltd. to Report First Half, 2025 Results on Aug 20, 2025 Chipsea Technologies (Shenzhen) Corp., Ltd. announced that they will report first half, 2025 results on Aug 20, 2025 New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Mar 29
Chipsea Technologies (Shenzhen) Corp., Ltd., Annual General Meeting, Apr 22, 2025 Chipsea Technologies (Shenzhen) Corp., Ltd., Annual General Meeting, Apr 22, 2025, at 15:00 China Standard Time. Location: 3F, Building T1, No. 3156, Keyuan South Road, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 28
Chipsea Technologies (Shenzhen) Corp., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Chipsea Technologies (Shenzhen) Corp., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥1.21 loss per share (further deteriorated from CN¥1.01 loss in FY 2023). Revenue: CN¥702.3m (up 62% from FY 2023). Net loss: CN¥170.6m (loss widened 19% from FY 2023). Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) also missed analyst estimates by 87%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Announcement • Dec 27
Chipsea Technologies (shenzhen) Corp. to Report Fiscal Year 2024 Results on Mar 29, 2025 Chipsea Technologies (shenzhen) Corp. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.43 loss per share (vs CN¥0.13 loss in 3Q 2023) Third quarter 2024 results: CN¥0.43 loss per share (further deteriorated from CN¥0.13 loss in 3Q 2023). Revenue: CN¥164.3m (up 30% from 3Q 2023). Net loss: CN¥58.2m (loss widened 223% from 3Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Chipsea Technologies (shenzhen) Corp. to Report Q3, 2024 Results on Oct 31, 2024 Chipsea Technologies (shenzhen) Corp. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 21
Second quarter 2024 earnings released: CN¥0.15 loss per share (vs CN¥0.15 loss in 2Q 2023) Second quarter 2024 results: CN¥0.15 loss per share (further deteriorated from CN¥0.15 loss in 2Q 2023). Revenue: CN¥198.8m (up 107% from 2Q 2023). Net loss: CN¥21.4m (loss widened 1.1% from 2Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
Chipsea Technologies (shenzhen) Corp. to Report First Half, 2024 Results on Aug 20, 2024 Chipsea Technologies (shenzhen) Corp. announced that they will report first half, 2024 results on Aug 20, 2024 Major Estimate Revision • Jun 27
Consensus EPS estimates fall from profit to CN¥0.41 loss The consensus outlook for fiscal year 2024 has been updated. Forecast loss of -CN¥0.41 per share in 2024, versus previous forecasts of CN¥0.027 per share. Revenue forecast unchanged from CN¥698.2m at last update. Semiconductor industry in China expected to see average net income growth of 57% next year. Consensus price target of CN¥44.85 unchanged from last update. Share price fell 9.7% to CN¥29.41 over the past week. Price Target Changed • Apr 02
Price target increased by 7.1% to CN¥37.75 Up from CN¥35.25, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥30.94. Stock is down 38% over the past year. The company is forecast to post a net loss per share of CN¥0.045 next year compared to a net loss per share of CN¥1.01 last year. Reported Earnings • Mar 31
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: CN¥1.01 loss per share (down from CN¥0.02 profit in FY 2022). Revenue: CN¥432.9m (down 30% from FY 2022). Net loss: CN¥143.5m (down CN¥146.2m from profit in FY 2022). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Chipsea Technologies (shenzhen) Corp., Annual General Meeting, Apr 19, 2024 Chipsea Technologies (shenzhen) Corp., Annual General Meeting, Apr 19, 2024, at 15:00 China Standard Time. Location: 3F, Building T1, No. 3156, Keyuan South Road, Yuehai Subdistrict, Nanshan District, Shenzhen, Guangdong China Announcement • Mar 29
Chipsea Technologies (shenzhen) Corp. to Report Q1, 2024 Results on Apr 27, 2024 Chipsea Technologies (shenzhen) Corp. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 28
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: CN¥1.01 loss per share (down from CN¥0.02 profit in FY 2022). Revenue: CN¥432.9m (down 30% from FY 2022). Net loss: CN¥143.2m (down CN¥146.0m from profit in FY 2022). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Jan 30
Chipsea Technologies (shenzhen) Corp. (SHSE:688595) announces an Equity Buyback for CNY 60 million worth of its shares. Chipsea Technologies (shenzhen) Corp. (SHSE:688595) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 50 per share. The repurchased shares will be sold through centralized bidding, if it's not sold within stipulated period it will be canceled according to relevant procedures. The repurchases will be made from company's own funds or self-raised funds. The authorization will be valid for a period of 3 months. Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.13 loss per share (vs CN¥0.068 loss in 3Q 2022) Third quarter 2023 results: CN¥0.13 loss per share (further deteriorated from CN¥0.068 loss in 3Q 2022). Revenue: CN¥126.1m (down 15% from 3Q 2022). Net loss: CN¥18.0m (loss widened 40% from 3Q 2022). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • May 02
First quarter 2023 earnings released: CN¥0.34 loss per share (vs CN¥0.007 profit in 1Q 2022) First quarter 2023 results: CN¥0.34 loss per share (down from CN¥0.007 profit in 1Q 2022). Revenue: CN¥61.7m (down 59% from 1Q 2022). Net loss: CN¥49.0m (down CN¥50.0m from profit in 1Q 2022). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Reported Earnings • Mar 02
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.07 (down from CN¥0.68 in FY 2021). Revenue: CN¥617.7m (down 6.3% from FY 2021). Net income: CN¥9.78m (down 90% from FY 2021). Profit margin: 1.6% (down from 14% in FY 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) also missed analyst estimates by 84%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Major Estimate Revision • Feb 22
Consensus EPS estimates increase by 694% The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from CN¥0.08 to CN¥0.635. Revenue forecast unchanged at CN¥651.5m. Net income forecast to grow 921% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥52.10 to CN¥56.50. Share price fell 6.4% to CN¥44.24 over the past week. Major Estimate Revision • Feb 12
Consensus EPS estimates fall by 89%, revenue upgraded The consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast increased from CN¥644.7m to CN¥651.5m. EPS estimate fell from CN¥0.71 to CN¥0.08 per share. Net income forecast to grow 565% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥47.85 to CN¥52.10. Share price was steady at CN¥48.14 over the past week. Price Target Changed • Nov 16
Price target increased to CN¥50.44 Up from CN¥44.37, the current price target is an average from 3 analysts. New target price is 12% above last closing price of CN¥45.00. Stock is down 38% over the past year. The company is forecast to post earnings per share of CN¥0.71 for next year compared to CN¥0.68 last year. Major Estimate Revision • Nov 04
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CN¥835.7m to CN¥644.7m. EPS estimate increased from CN¥0.57 to CN¥0.71 per share. Net income forecast to grow 1,127% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥46.04 to CN¥44.37. Share price rose 11% to CN¥40.50 over the past week. Reported Earnings • Oct 30
Third quarter 2022 earnings released: CN¥0.068 loss per share (vs CN¥0.26 profit in 3Q 2021) Third quarter 2022 results: CN¥0.068 loss per share (down from CN¥0.26 profit in 3Q 2021). Revenue: CN¥148.0m (down 21% from 3Q 2021). Net loss: CN¥12.8m (down 136% from profit in 3Q 2021). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Price Target Changed • Sep 27
Price target decreased to CN¥48.23 Down from CN¥51.89, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CN¥37.43. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥0.44 for next year compared to CN¥0.68 last year. Major Estimate Revision • Sep 04
Consensus EPS estimates fall by 58% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥930.2m to CN¥846.6m. EPS estimate also fell from CN¥1.06 per share to CN¥0.45 per share. Net income forecast to grow 88% next year vs 53% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥51.89 to CN¥49.89. Share price fell 4.9% to CN¥43.22 over the past week. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.35 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.10 (down from CN¥0.35 in 2Q 2021). Revenue: CN¥188.8m (up 10% from 2Q 2021). Net income: CN¥15.0m (down 70% from 2Q 2021). Profit margin: 8.0% (down from 29% in 2Q 2021). Over the next year, revenue is forecast to grow 47%, compared to a 46% growth forecast for the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥46.19, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 38x in the Semiconductor industry in China. Total loss to shareholders of 42% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥73.95, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 5.7% over the past year. Price Target Changed • May 01
Price target decreased to CN¥101 Down from CN¥111, the current price target is an average from 2 analysts. New target price is 70% above last closing price of CN¥59.08. Stock is down 1.4% over the past year. The company is forecast to post earnings per share of CN¥1.94 for next year compared to CN¥0.95 last year. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.01 (up from CN¥0.03 loss in 1Q 2021). Revenue: CN¥148.9m (up 44% from 1Q 2021). Net income: CN¥1.01m (up CN¥3.93m from 1Q 2021). Profit margin: 0.7% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 97%. Over the next year, revenue is forecast to grow 30%, compared to a 44% growth forecast for the industry in China. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.93 (down from CN¥1.10 in FY 2020). Revenue: CN¥659.1m (up 82% from FY 2020). Net income: CN¥92.7m (up 3.8% from FY 2020). Profit margin: 14% (down from 25% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) missed analyst estimates by 24%. Over the next year, revenue is forecast to grow 38%, compared to a 55% growth forecast for the industry in China. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥188.1m (up 100% from 3Q 2020). Net income: CN¥35.6m (up 129% from 3Q 2020). Profit margin: 19% (up from 17% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.48 (vs CN¥0.38 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥171.0m (up 66% from 2Q 2020). Net income: CN¥50.3m (up 75% from 2Q 2020). Profit margin: 29% (up from 28% in 2Q 2020). Reported Earnings • Apr 29
Full year 2020 earnings released: EPS CN¥1.10 (vs CN¥0.58 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥362.8m (up 40% from FY 2019). Net income: CN¥89.3m (up 109% from FY 2019). Profit margin: 25% (up from 17% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥49.03, the stock trades at a forward P/E ratio of 65x. Average forward P/E is 52x in the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥63.51, the stock is trading at a trailing P/E ratio of 56.4x, up from the previous P/E ratio of 48.2x. This compares to an average P/E of 79x in the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥54.34, the stock is trading at a trailing P/E ratio of 48.2x, down from the previous P/E ratio of 57x. This compares to an average P/E of 80x in the Semiconductor industry in China. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥61.78 The company is down 11% from its price of CN¥69.80 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period.