New Risk • Apr 22
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Anuncio • Apr 21
Unigroup Guoxin Microelectronics Co., Ltd., Annual General Meeting, May 11, 2026 Unigroup Guoxin Microelectronics Co., Ltd., Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: 16F, Tower B, No. 7, Zhichun Road, Haidian District, Beijing China Anuncio • Mar 31
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Board Change • Jan 15
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 1 experienced director. 2 highly experienced directors. Employee Representative Supervisor Lifeng Shen is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Anuncio • Dec 31
Unigroup Guoxin Microelectronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026 Board Change • Nov 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Independent Director Ninghui Ma was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.32 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.68 (up from CN¥0.32 in 3Q 2024). Revenue: CN¥1.86b (up 34% from 3Q 2024). Net income: CN¥570.9m (up 110% from 3Q 2024). Profit margin: 31% (up from 20% in 3Q 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Anuncio • Oct 22
Unigroup Guoxin Microelectronics Co., Ltd. Approves By-Election of Directors Unigroup Guoxin Microelectronics Co., Ltd. at its EGM held on October 20, 2025, approved by-election of Ma Ninghui and Wu Rui as non-independent directors. Anuncio • Sep 30
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.68 (vs CN¥0.51 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.68 (up from CN¥0.51 in 2Q 2024). Revenue: CN¥2.02b (up 17% from 2Q 2024). Net income: CN¥572.7m (up 33% from 2Q 2024). Profit margin: 28% (up from 25% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% 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, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Anuncio • Jul 02
Unigroup Guoxin Microelectronics Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Declared Dividend • Jun 23
Dividend reduced to CN¥0.21 Dividend of CN¥0.21 is 69% lower than last year. Ex-date: 26th June 2025 Payment date: 26th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 121% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Anuncio • May 17
Unigroup Guoxin Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2024 Unigroup Guoxin Microelectronics Co., Ltd. announced at Annual General Meeting of 2024 held on 13 May 2025, the shareholders approved cash dividend (tax included): CNY 2.10000000 per ten shares for the year 2024. Price Target Changed • May 04
Price target decreased by 16% to CN¥65.55 Down from CN¥77.59, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of CN¥63.98. Stock is up 9.4% over the past year. The company is forecast to post earnings per share of CN¥2.35 for next year compared to CN¥1.40 last year. Anuncio • Apr 25
Unigroup Guoxin Microelectronics Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Unigroup Guoxin Microelectronics Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 2.10000000 for the year 2024. Anuncio • Apr 24
Unigroup Guoxin Microelectronics Co., Ltd. (SZSE:002049) announces an Equity Buyback for CNY 200 million worth of its shares. Unigroup Guoxin Microelectronics Co., Ltd. (SZSE:002049) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 130.39 per share. The purpose of the program is to use repurchased shares for equity incentive or employee shareholding plan. The program will be valid for 12 months. Anuncio • Apr 23
Unigroup Guoxin Microelectronics Co., Ltd., Annual General Meeting, May 13, 2025 Unigroup Guoxin Microelectronics Co., Ltd., Annual General Meeting, May 13, 2025, at 14:30 China Standard Time. Location: 16F, Tower B, No. 7, Zhichun Road, Haidian District, Beijing China Anuncio • Mar 31
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Major Estimate Revision • Mar 08
Consensus revenue estimates decrease by 14% The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥7.76b to CN¥6.64b. EPS estimate unchanged from CN¥2.58 per share at last update. Semiconductor industry in China expected to see average net income growth of 54% next year. Consensus price target up from CN¥77.59 to CN¥79.59. Share price rose 13% to CN¥69.58 over the past week. Reported Earnings • Jan 15
Full year 2024 earnings released: EPS: CN¥1.41 (vs CN¥2.99 in FY 2023) Full year 2024 results: EPS: CN¥1.41 (down from CN¥2.99 in FY 2023). Revenue: CN¥5.51b (down 27% from FY 2023). Net income: CN¥1.19b (down 53% from FY 2023). Profit margin: 22% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% 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, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Anuncio • Dec 31
Unigroup Guoxin Microelectronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 23, 2025 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 23, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥77.97, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 40x in the Semiconductor industry in China. Total loss to shareholders of 48% over the past three years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.32 (vs CN¥0.76 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.32 (down from CN¥0.76 in 3Q 2023). Revenue: CN¥1.39b (down 27% from 3Q 2023). Net income: CN¥272.4m (down 57% from 3Q 2023). Profit margin: 20% (down from 34% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% 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, earnings per share has increased by 1% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Anuncio • Sep 30
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥53.39, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Semiconductor industry in China. Total loss to shareholders of 63% over the past three years. Major Estimate Revision • Sep 12
Consensus EPS estimates fall by 30% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥6.87b to CN¥6.57b. EPS estimate also fell from CN¥3.12 per share to CN¥2.20 per share. Net income forecast to grow 27% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target of CN¥70.77 unchanged from last update. Share price fell 4.5% to CN¥45.68 over the past week. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.51 (vs CN¥0.95 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.51 (down from CN¥0.95 in 2Q 2023). Revenue: CN¥1.73b (down 21% from 2Q 2023). Net income: CN¥430.8m (down 47% from 2Q 2023). Profit margin: 25% (down from 37% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% 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, earnings per share has increased by 12% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Anuncio • Jun 29
Unigroup Guoxin Microelectronics Co., Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Major Estimate Revision • May 17
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥7.76b to CN¥7.55b. EPS estimate also fell from CN¥3.09 per share to CN¥2.73 per share. Net income forecast to grow 19% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target of CN¥78.86 unchanged from last update. Share price fell 2.9% to CN¥57.71 over the past week. Anuncio • May 11
Unigroup Guoxin Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2023 Unigroup Guoxin Microelectronics Co., Ltd. announced that at its AGM held on 9 May 2024, the shareholders approved 2023 profit distribution plan: cash dividend/10 shares (tax included) of CNY 6.80000000. Major Estimate Revision • May 07
Consensus revenue estimates decrease by 26% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥8.70b to CN¥6.40b. EPS estimate unchanged from CN¥3.86 per share at last update. Semiconductor industry in China expected to see average net income growth of 59% next year. Consensus price target of CN¥78.86 unchanged from last update. Share price was steady at CN¥58.61 over the past week. Major Estimate Revision • Apr 24
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥10.1b to CN¥9.03b. EPS estimate fell from CN¥4.44 to CN¥4.06 per share. Net income forecast to grow 38% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥106 to CN¥83.08. Share price fell 2.8% to CN¥60.60 over the past week. New Risk • Apr 20
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Anuncio • Apr 19
Unigroup Guoxin Microelectronics Co., Ltd., Annual General Meeting, May 09, 2024 Unigroup Guoxin Microelectronics Co., Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: No. 7, Zhichun Road, Haidian District, Beijing China Reported Earnings • Apr 18
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥2.99 (down from CN¥3.10 in FY 2022). Revenue: CN¥7.57b (up 6.3% from FY 2022). Net income: CN¥2.53b (down 3.8% from FY 2022). Profit margin: 34% (down from 37% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 7.9%. Revenue is forecast to grow 21% 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, earnings per share has increased by 32% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Anuncio • Mar 30
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Buy Or Sell Opportunity • Mar 07
Now 20% undervalued Over the last 90 days, the stock has risen 2.8% to CN¥69.79. The fair value is estimated to be CN¥87.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 55% in 2 years. Earnings are forecast to grow by 79% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥66.41, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 30x in the Semiconductor industry in China. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥88.98 per share. Price Target Changed • Feb 23
Price target decreased by 8.8% to CN¥106 Down from CN¥117, the current price target is an average from 4 analysts. New target price is 80% above last closing price of CN¥59.06. Stock is down 48% over the past year. The company is forecast to post earnings per share of CN¥3.48 for next year compared to CN¥3.10 last year. Anuncio • Dec 29
Unigroup Guoxin Microelectronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 11, 2024 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 11, 2024 Buying Opportunity • Dec 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be CN¥85.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 62% in 2 years. Earnings is forecast to grow by 84% in the next 2 years. Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: CN¥0.76 (vs CN¥0.99 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.76 (down from CN¥0.99 in 3Q 2022). Revenue: CN¥1.91b (down 6.1% from 3Q 2022). Net income: CN¥638.8m (down 24% from 3Q 2022). Profit margin: 34% (down from 42% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 26% 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, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Anuncio • Sep 30
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Price Target Changed • Sep 12
Price target increased by 11% to CN¥134 Up from CN¥120, the current price target is an average from 3 analysts. New target price is 46% above last closing price of CN¥91.98. Stock is down 44% over the past year. The company is forecast to post earnings per share of CN¥4.06 for next year compared to CN¥3.10 last year. Board Change • Sep 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. Employee Representative Supervisor Lifeng Shen is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Price Target Changed • Aug 24
Price target decreased by 13% to CN¥120 Down from CN¥138, the current price target is an average from 4 analysts. New target price is 32% above last closing price of CN¥91.08. Stock is down 45% over the past year. The company is forecast to post earnings per share of CN¥3.94 for next year compared to CN¥3.10 last year. Board Change • Aug 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Wenyu Huang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Apr 03
Price target decreased by 12% to CN¥141 Down from CN¥161, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥116. Stock is down 21% over the past year. The company is forecast to post earnings per share of CN¥4.69 for next year compared to CN¥3.10 last year. Reported Earnings • Mar 30
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥3.10 (up from CN¥2.30 in FY 2021). Revenue: CN¥7.12b (up 33% from FY 2021). Net income: CN¥2.63b (up 35% from FY 2021). Profit margin: 37% (in line with FY 2021). Revenue missed analyst estimates by 4.8%. Earnings per share (EPS) also missed analyst estimates by 14%. Revenue is forecast to grow 29% 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 increased by 58% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 25
Price target increased to CN¥197 Up from CN¥178, the current price target is an average from 2 analysts. New target price is 44% above last closing price of CN¥137. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of CN¥3.41 for next year compared to CN¥2.30 last year. Board Change • Oct 31
High number of new directors Director Fan Xin was the last director to join the board, commencing their role in 2021. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.99 (vs CN¥0.69 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.99 (up from CN¥0.69 in 3Q 2021). Revenue: CN¥2.03b (up 36% from 3Q 2021). Net income: CN¥842.9m (up 45% from 3Q 2021). Profit margin: 42% (up from 39% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% 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 increased by 61% per year whereas the company’s share price has increased by 65% per year. Price Target Changed • Aug 24
Price target decreased to CN¥151 Down from CN¥168, the current price target is an average from 5 analysts. New target price is 6.6% below last closing price of CN¥162. Stock is down 1.7% over the past year. The company is forecast to post earnings per share of CN¥3.47 for next year compared to CN¥2.30 last year. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.79 (vs CN¥0.65 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.79 (up from CN¥0.65 in 2Q 2021). Revenue: CN¥1.56b (up 17% from 2Q 2021). Net income: CN¥667.3m (up 21% from 2Q 2021). Profit margin: 43% (up from 41% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 51%, compared to a 49% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year whereas the company’s share price has increased by 64% per year. Anuncio • Aug 19
Unigroup Guoxin Microelectronics Co., Ltd. Announces Final Cash Dividend for 2021, Payable on 24 August 2022 Unigroup Guoxin Microelectronics Co., Ltd. announced final cash dividend of CNY 3.24998000 per ten A shares (tax included) for 2021, payable on 24 August 2022. Record date is 23 August 2022 and ex-date is 24 August 2022. Anuncio • Jun 30
Unigroup Guoxin Microelectronics Co., Ltd. Approves Cash Dividend for 2021 Unigroup Guoxin Microelectronics Co., Ltd. held its Annual General Meeting of 2021 on 28 June 2022, approved cash dividend (tax included) of CNY 3.25000000 per 10 shares for 2021. Board Change • Jun 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Fan Xin was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥183, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 32x in the Semiconductor industry in China. Total returns to shareholders of 390% over the past three years. Price Target Changed • Apr 27
Price target increased to CN¥239 Up from CN¥149, the current price target is an average from 6 analysts. New target price is 37% above last closing price of CN¥175. Stock is up 55% over the past year. The company is forecast to post earnings per share of CN¥4.88 for next year compared to CN¥3.22 last year. Anuncio • Apr 22
Unigroup Guoxin Microelectronics Co., Ltd. Proposes Cash Dividend for 2021 Unigroup Guoxin Microelectronics Co., Ltd. proposed cash dividend of CNY 3.25000000 (tax included) per 10 shares for 2021. Reported Earnings • Apr 12
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: CN¥3.22 (up from CN¥1.33 in FY 2020). Revenue: CN¥5.34b (up 63% from FY 2020). Net income: CN¥1.95b (up 142% from FY 2020). Profit margin: 37% (up from 25% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 44%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 60% per year whereas the company’s share price has increased by 58% per year. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥174, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 291% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.96 (vs CN¥0.47 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.50b (up 75% from 3Q 2020). Net income: CN¥581.8m (up 106% from 3Q 2020). Profit margin: 39% (up from 33% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.91 (vs CN¥0.35 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.34b (up 64% from 2Q 2020). Net income: CN¥551.8m (up 161% from 2Q 2020). Profit margin: 41% (up from 26% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jul 16
Price target increased to CN¥168 Up from CN¥149, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥160. Stock is up 40% over the past year. Anuncio • May 19
Unigroup Guoxin Microelectronics Co., Ltd. Announces Final Cash Dividend for 2020, Payable on 24 May 2021 Unigroup Guoxin Microelectronics Co., Ltd. announced final cash dividend of CNY 1.35 per ten A shares (tax included) for 2020, payable on 24 May 2021. Record date is 21 May 2021 and ex-date is 24 May 2021. Anuncio • May 16
Unigroup Guoxin Microelectronics Co., Ltd. Approves Dividend Plan for 2020 Unigroup Guoxin Microelectronics Co., Ltd. at its AGM held on May 13, 2021, approved cash dividend plan of CNY 1.35000000 per 10 shares (tax included) for 2020. Price Target Changed • Apr 21
Price target increased to CN¥132 Up from CN¥107, the current price target is an average from 6 analysts. New target price is 18% above last closing price of CN¥112. Stock is up 84% over the past year. Reported Earnings • Apr 18
Full year 2020 earnings released: EPS CN¥1.34 (vs CN¥0.67 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥3.30b (down 3.8% from FY 2019). Net income: CN¥811.3m (up 100% from FY 2019). Profit margin: 25% (up from 12% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Anuncio • Mar 10
Unigroup Guoxin Microelectronics Co., Ltd. to Report Fiscal Year 2020 Results on Apr 22, 2021 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report fiscal year 2020 results on Apr 22, 2021 Is New 90 Day High Low • Mar 08
New 90-day low: CN¥104 The company is down 6.0% from its price of CN¥111 on 08 December 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.21 per share. Is New 90 Day High Low • Dec 24
New 90-day high: CN¥132 The company is up 14% from its price of CN¥115 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.70 per share. Is New 90 Day High Low • Nov 13
New 90-day low: CN¥95.38 The company is down 31% from its price of CN¥138 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.47 per share. Is New 90 Day High Low • Oct 22
New 90-day low: CN¥111 The company is down 5.0% from its price of CN¥117 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.51 per share. Anuncio • Oct 16
Unigroup Guoxin Microelectronics Co., Ltd. to Report Q3, 2020 Results on Oct 21, 2020 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report Q3, 2020 results on Oct 21, 2020 Anuncio • Jul 24
Unigroup Guoxin Microelectronics Co., Ltd. to Report First Half, 2020 Results on Aug 20, 2020 Unigroup Guoxin Microelectronics Co., Ltd. announced that they will report first half, 2020 results on Aug 20, 2020