Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.07 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.03 (down from CN¥0.07 in 1Q 2025). Revenue: CN¥2.91b (up 13% from 1Q 2025). Net income: CN¥50.7m (down 63% from 1Q 2025). Profit margin: 1.7% (down from 5.3% in 1Q 2025). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Annonce • Mar 30
Nexchip Semiconductor Corporation to Report Q1, 2026 Results on Apr 24, 2026 Nexchip Semiconductor Corporation announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Mar 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 75% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: CN¥0.36 (vs CN¥0.27 in FY 2024) Full year 2025 results: EPS: CN¥0.36 (up from CN¥0.27 in FY 2024). Revenue: CN¥10.9b (up 18% from FY 2024). Net income: CN¥696.2m (up 31% from FY 2024). Profit margin: 6.4% (up from 5.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Annonce • Dec 26
Nexchip Semiconductor Corporation to Report Fiscal Year 2025 Results on Mar 27, 2026 Nexchip Semiconductor Corporation announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.041 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.041 in 3Q 2024). Revenue: CN¥2.93b (up 23% from 3Q 2024). Net income: CN¥218.0m (up 137% from 3Q 2024). Profit margin: 7.4% (up from 3.9% in 3Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Price Target Changed • Oct 15
Price target increased by 7.4% to CN¥34.31 Up from CN¥31.96, the current price target is an average from 2 analysts. New target price is 7.8% below last closing price of CN¥37.23. Stock is up 104% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.27 last year. Annonce • Sep 30
Nexchip Semiconductor Corporation to Report Q3, 2025 Results on Oct 30, 2025 Nexchip Semiconductor Corporation announced that they will report Q3, 2025 results on Oct 30, 2025 New Risk • Sep 26
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 7.2% 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 Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Price Target Changed • Sep 02
Price target increased by 9.0% to CN¥30.41 Up from CN¥27.90, the current price target is an average from 2 analysts. New target price is 29% above last closing price of CN¥23.51. Stock is up 62% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.27 last year. Reported Earnings • Aug 31
Second quarter 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.061 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.10 (up from CN¥0.061 in 2Q 2024). Revenue: CN¥2.63b (up 21% from 2Q 2024). Net income: CN¥196.7m (up 83% from 2Q 2024). Profit margin: 7.5% (up from 5.0% in 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Annonce • Jun 30
Nexchip Semiconductor Corporation to Report First Half, 2025 Results on Aug 29, 2025 Nexchip Semiconductor Corporation announced that they will report first half, 2025 results on Aug 29, 2025 Annonce • May 06
Nexchip Semiconductor Corporation, Annual General Meeting, May 28, 2025 Nexchip Semiconductor Corporation, Annual General Meeting, May 28, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Major Estimate Revision • Apr 27
Consensus revenue estimates fall by 11% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥13.7b to CN¥12.2b. EPS estimate fell from CN¥0.465 to CN¥0.44 per share. Net income forecast to grow 64% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥28.55. Share price was steady at CN¥20.84 over the past week. Reported Earnings • Apr 22
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: CN¥0.27 (up from CN¥0.12 in FY 2023). Revenue: CN¥9.25b (up 28% from FY 2023). Net income: CN¥532.8m (up 152% from FY 2023). Profit margin: 5.8% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Annonce • Mar 28
Nexchip Semiconductor Corporation to Report Q1, 2025 Results on Apr 29, 2025 Nexchip Semiconductor Corporation announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Feb 26
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: CN¥0.27 (up from CN¥0.12 in FY 2023). Revenue: CN¥9.25b (up 28% from FY 2023). Net income: CN¥532.6m (up 152% from FY 2023). Profit margin: 5.8% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Price Target Changed • Jan 26
Price target increased by 8.8% to CN¥29.52 Up from CN¥27.12, the current price target is an average from 2 analysts. New target price is 22% above last closing price of CN¥24.18. Stock is up 49% over the past year. The company is forecast to post earnings per share of CN¥0.23 for next year compared to CN¥0.12 last year. Annonce • Dec 27
Nexchip Semiconductor Corporation to Report Fiscal Year 2024 Results on Apr 21, 2025 Nexchip Semiconductor Corporation announced that they will report fiscal year 2024 results on Apr 21, 2025 New Risk • Nov 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 10% 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 High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Price Target Changed • Oct 30
Price target increased by 7.2% to CN¥22.23 Up from CN¥20.73, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥20.01. Stock is up 16% over the past year. The company is forecast to post earnings per share of CN¥0.21 for next year compared to CN¥0.12 last year. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.041 (vs CN¥0.04 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.041 (up from CN¥0.04 in 3Q 2023). Revenue: CN¥2.38b (up 16% from 3Q 2023). Net income: CN¥91.9m (up 22% from 3Q 2023). Profit margin: 3.9% (up from 3.7% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Price Target Changed • Oct 03
Price target increased by 12% to CN¥20.73 Up from CN¥18.45, the current price target is an average from 2 analysts. New target price is 18% above last closing price of CN¥17.51. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of CN¥0.29 for next year compared to CN¥0.12 last year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥17.51, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 29x in the Semiconductor industry in China. Total returns to shareholders of 3.4% over the past year. Annonce • Sep 30
Nexchip Semiconductor Corporation to Report Q3, 2024 Results on Oct 29, 2024 Nexchip Semiconductor Corporation announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: CN¥0.061 (vs CN¥0.20 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.061 (down from CN¥0.20 in 2Q 2023). Revenue: CN¥2.17b (up 15% from 2Q 2023). Net income: CN¥107.7m (down 63% from 2Q 2023). Profit margin: 5.0% (down from 15% in 2Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Major Estimate Revision • Jul 16
Consensus EPS estimates fall by 33%, revenue upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥10.1b to CN¥10.2b. EPS estimate fell from CN¥0.43 to CN¥0.29 per share. Net income forecast to grow 6.9% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target of CN¥18.45 unchanged from last update. Share price was steady at CN¥15.17 over the past week. Annonce • Jun 29
Nexchip Semiconductor Corporation to Report First Half, 2024 Results on Aug 14, 2024 Nexchip Semiconductor Corporation announced that they will report first half, 2024 results on Aug 14, 2024 Annonce • Jun 02
Nexchip Semiconductor Corporation, Annual General Meeting, Jun 27, 2024 Nexchip Semiconductor Corporation, Annual General Meeting, Jun 27, 2024, at 14:00 China Standard Time. Reported Earnings • Apr 18
Full year 2023 earnings: Revenues and EPS in line with analyst expectations Full year 2023 results: EPS: CN¥0.12 (down from CN¥2.02 in FY 2022). Revenue: CN¥7.24b (down 28% from FY 2022). Net income: CN¥211.6m (down 93% from FY 2022). Profit margin: 2.9% (down from 30% in FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Annonce • Apr 10
Nexchip Semiconductor Corporation (SHSE:688249) commences an Equity Buyback Plan for CNY 1,000 million worth of its shares. Nexchip Semiconductor Corporation (SHSE:688249) commences share repurchases on April 8, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 15, 2024. As per the mandate, the company is authorized to repurchase to repurchase CNY 1,000 million worth of its common shares. The shares will be repurchased at a price of not more than CNY 25.26 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months. Annonce • Mar 29
Nexchip Semiconductor Corporation to Report Q1, 2024 Results on Apr 30, 2024 Nexchip Semiconductor Corporation announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥2.02 in FY 2022) Full year 2023 results: EPS: CN¥0.11 (down from CN¥2.02 in FY 2022). Revenue: CN¥7.24b (down 28% from FY 2022). Net income: CN¥210.1m (down 93% from FY 2022). Profit margin: 2.9% (down from 30% in FY 2022). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Reported Earnings • Oct 27
Third quarter 2023 earnings released Third quarter 2023 results: EPS: CN¥0.04. Net income: CN¥75.6m (up CN¥75.6m from 3Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. New Risk • Aug 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 56% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.3% net profit margin). Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: EPS: CN¥0.20. Net income: CN¥286.9m (up CN¥286.9m from 2Q 2022). Annonce • Jun 28
Nexchip Semiconductor Corporation to Report First Half, 2023 Results on Aug 16, 2023 Nexchip Semiconductor Corporation announced that they will report first half, 2023 results on Aug 16, 2023 New Risk • Jun 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 17% Last year net profit margin: 31% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Board Change • May 08
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director Xiaojuan Zhu was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
