Annonce • Apr 30
Hangzhou Silan Microelectronics Co., Ltd., Annual General Meeting, May 26, 2026 Hangzhou Silan Microelectronics Co., Ltd., Annual General Meeting, May 26, 2026, at 13:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Annonce • Mar 30
Hangzhou Silan Microelectronics Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 Annonce • Dec 26
Hangzhou Silan Microelectronics Co.,Ltd to Report Fiscal Year 2025 Results on Apr 14, 2026 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report fiscal year 2025 results on Apr 14, 2026 Annonce • Sep 30
Hangzhou Silan Microelectronics Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Annonce • Jun 30
Hangzhou Silan Microelectronics Co.,Ltd to Report First Half, 2025 Results on Aug 23, 2025 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report first half, 2025 results on Aug 23, 2025 Annonce • Jun 24
Hangzhou Silan Microelectronics Co.,Ltd(SHSE:600460) dropped from Shanghai Stock Exchange 180 Value Index Hangzhou Silan Microelectronics Co., Ltd has been removed from Shanghai Stock Exchange 180 Value Index. Annonce • May 22
Hangzhou Silan Microelectronics Co.,Ltd, Annual General Meeting, Jun 12, 2025 Hangzhou Silan Microelectronics Co.,Ltd, Annual General Meeting, Jun 12, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Annonce • Mar 28
Hangzhou Silan Microelectronics Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Annonce • Dec 27
Hangzhou Silan Microelectronics Co.,Ltd to Report Fiscal Year 2024 Results on Apr 19, 2025 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.054 (vs CN¥0.096 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.054 (up from CN¥0.096 loss in 3Q 2023). Revenue: CN¥2.89b (up 19% from 3Q 2023). Net income: CN¥53.8m (up CN¥201.8m from 3Q 2023). Profit margin: 1.9% (up from net loss in 3Q 2023). Revenue is forecast to grow 12% 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 55 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Sep 30
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to CN¥22.62. The fair value is estimated to be CN¥18.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Annonce • Sep 30
Hangzhou Silan Microelectronics Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 20
Second quarter 2024 earnings released: CN¥0.003 loss per share (vs CN¥0.18 loss in 2Q 2023) Second quarter 2024 results: CN¥0.003 loss per share (improved from CN¥0.18 loss in 2Q 2023). Revenue: CN¥2.81b (up 17% from 2Q 2023). Net loss: CN¥9.65m (loss narrowed 96% from 2Q 2023). Revenue is forecast to grow 12% 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 fallen by 61% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. New Risk • Aug 07
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 7.1% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Buy Or Sell Opportunity • Jul 22
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to CN¥21.43. The fair value is estimated to be CN¥16.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making. Annonce • Jun 28
Hangzhou Silan Microelectronics Co.,Ltd to Report First Half, 2024 Results on Aug 20, 2024 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report first half, 2024 results on Aug 20, 2024 Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.009 loss per share (vs CN¥0.15 profit in 1Q 2023) First quarter 2024 results: CN¥0.009 loss per share (down from CN¥0.15 profit in 1Q 2023). Revenue: CN¥2.46b (up 19% from 1Q 2023). Net loss: CN¥15.3m (down 107% from profit in 1Q 2023). Revenue is forecast to grow 14% 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 fallen by 37% 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. Annonce • Apr 24
Hangzhou Silan Microelectronics Co.,Ltd, Annual General Meeting, May 17, 2024 Hangzhou Silan Microelectronics Co.,Ltd, Annual General Meeting, May 17, 2024, at 13:30 China Standard Time. Location: The Company's Meeting Room, Hangzhou, Zhejiang China Reported Earnings • Apr 09
Full year 2023 earnings released: CN¥0.02 loss per share (vs CN¥0.74 profit in FY 2022) Full year 2023 results: CN¥0.02 loss per share (down from CN¥0.74 profit in FY 2022). Revenue: CN¥9.34b (up 13% from FY 2022). Net loss: CN¥35.8m (down 103% from profit in FY 2022). Revenue is forecast to grow 15% 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 fallen by 6% per year whereas the company’s share price has fallen by 11% per year. Annonce • Mar 29
Hangzhou Silan Microelectronics Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Annonce • Dec 29
Hangzhou Silan Microelectronics Co.,Ltd to Report Fiscal Year 2023 Results on Apr 09, 2024 Hangzhou Silan Microelectronics Co.,Ltd announced that they will report fiscal year 2023 results on Apr 09, 2024 New Risk • Dec 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Shareholders have been diluted in the past year (18% increase in shares outstanding). Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.096 loss per share (vs CN¥0.13 profit in 3Q 2022) Third quarter 2023 results: CN¥0.096 loss per share (down from CN¥0.13 profit in 3Q 2022). Revenue: CN¥2.42b (up 18% from 3Q 2022). Net loss: CN¥148.0m (down 185% from profit in 3Q 2022). Revenue is forecast to grow 18% 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 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.23 profit in 2Q 2022) Second quarter 2023 results: CN¥0.18 loss per share (down from CN¥0.23 profit in 2Q 2022). Revenue: CN¥2.41b (up 10% from 2Q 2022). Net loss: CN¥254.8m (down 177% from profit in 2Q 2022). Revenue is forecast to grow 18% 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 increased by 50% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. New Risk • Aug 20
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 4.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin). Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: CN¥0.74 (vs CN¥1.13 in FY 2021) Full year 2022 results: EPS: CN¥0.74 (down from CN¥1.13 in FY 2021). Revenue: CN¥8.28b (up 15% from FY 2021). Net income: CN¥1.05b (down 31% from FY 2021). Profit margin: 13% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% 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 92% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Nov 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥45.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 38% over the last 3 years. Earnings per share has grown by 107%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings is also forecast to grow by 25% per annum over the same time period. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥38.96, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 156% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥46.15 per share. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 8 highly experienced directors. 3 independent directors (7 non-independent directors). Chairman of the Supervisory Board Wei Quan Song was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.22 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.13 (down from CN¥0.22 in 3Q 2021). Revenue: CN¥2.06b (up 7.6% from 3Q 2021). Net income: CN¥175.0m (down 41% from 3Q 2021). Profit margin: 8.5% (down from 16% in 3Q 2021). Revenue is forecast to grow 24% 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 107% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.20 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.23 (up from CN¥0.20 in 2Q 2021). Revenue: CN¥2.18b (up 19% from 2Q 2021). Net income: CN¥330.9m (up 29% from 2Q 2021). Profit margin: 15% (up from 14% in 2Q 2021). Over the next year, revenue is forecast to grow 38%, 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 114% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥50.84, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 39x in the Semiconductor industry in China. Total returns to shareholders of 205% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥21.31 per share. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.13 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.13 in 1Q 2021). Revenue: CN¥2.00b (up 36% from 1Q 2021). Net income: CN¥268.4m (up 55% from 1Q 2021). Profit margin: 13% (up from 12% in 1Q 2021). Over the next year, revenue is forecast to grow 37%, compared to a 44% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 12 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Xiao Gang Jin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: CN¥1.13 (vs CN¥0.05 in FY 2020) Full year 2021 results: EPS: CN¥1.13 (up from CN¥0.05 in FY 2020). Revenue: CN¥7.19b (up 68% from FY 2020). Net income: CN¥1.52b (up CN¥1.45b from FY 2020). Profit margin: 21% (up from 1.6% in FY 2020). Over the next year, revenue is forecast to grow 39%, compared to a 46% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.01 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.91b (up 52% from 3Q 2020). Net income: CN¥296.8m (up CN¥283.1m from 3Q 2020). Profit margin: 16% (up from 1.1% 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 59% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.018 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.83b (up 81% from 2Q 2020). Net income: CN¥257.1m (up CN¥228.7m from 2Q 2020). Profit margin: 14% (up from 2.8% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.002 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.48b (up 114% from 1Q 2020). Net income: CN¥173.7m (up CN¥171.5m from 1Q 2020). Profit margin: 12% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Reported Earnings • Mar 14
Full year 2020 earnings released: EPS CN¥0.052 (vs CN¥0.01 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥4.28b (up 38% from FY 2019). Net income: CN¥67.6m (up 365% from FY 2019). Profit margin: 1.6% (up from 0.5% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 14
Revenue beats expectations Revenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 25%, compared to a 47% growth forecast for the Semiconductor industry in China. Is New 90 Day High Low • Mar 02
New 90-day high: CN¥29.70 The company is up 67% from its price of CN¥17.82 on 02 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: CN¥29.08 The company is up 74% from its price of CN¥16.68 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: CN¥21.62 The company is up 23% from its price of CN¥17.56 on 23 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: CN¥18.55 The company is up 7.0% from its price of CN¥17.29 on 04 September 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 2.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥8.32m, down 88% from the prior year. Total revenue was CN¥3.85b over the last 12 months, up 27% from the prior year. Is New 90 Day High Low • Oct 06
New 90-day low: CN¥16.11 The company is down 2.0% from its price of CN¥16.50 on 08 July 2020. The Chinese market is also down 2.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Semiconductor industry, which is down 9.0% over the same period.