KINGSEMI（688037）株式概要中国において半導体専用装置、集積回路製造装置、検査装置、その他電子機器の研究・開発・製造・販売を行っている。 詳細688037 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長5/6過去の実績1/6財務の健全性3/6配当金0/6報酬収益は年間73.75%増加すると予測されています リスク分析CN市場と比較して、過去 3 か月間の株価の変動が非常に大きい財務結果に影響を与える大きな一時的項目 利益率(3.5%)は昨年より低い(10.7%) すべてのリスクチェックを見る688037 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW473,956 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA473,956 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥336.8058.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture08b2016201920222025202620282031Revenue CN¥8.3bEarnings CN¥291.4mAdvancedSet Fair ValueView all narrativesKINGSEMI Co., Ltd. 競合他社Chongqing Genori TechnologySymbol: SHSE:688797Market cap: CN¥53.9bBeijing E-Town Semiconductor TechnologySymbol: SHSE:688729Market cap: CN¥78.2bSuzhou Maxwell TechnologiesSymbol: SZSE:300751Market cap: CN¥49.7bNational Silicon Industry GroupSymbol: SHSE:688126Market cap: CN¥85.6b価格と性能株価の高値、安値、推移の概要KINGSEMI過去の株価現在の株価CN¥336.8052週高値CN¥459.8852週安値CN¥112.63ベータ0.591ヶ月の変化-9.67%3ヶ月変化21.70%1年変化180.76%3年間の変化286.12%5年間の変化237.71%IPOからの変化1,020.58%最新ニュースお知らせ • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026KINGSEMI Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026お知らせ • Jun 05KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time.Reported Earnings • Apr 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Mar 30KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Revenue is forecast to grow 30% 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 increased by 23% per year, which means it is well ahead of earnings.お知らせ • Dec 26KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026最新情報をもっと見るRecent updatesお知らせ • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026KINGSEMI Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026お知らせ • Jun 05KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time.Reported Earnings • Apr 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Mar 30KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Revenue is forecast to grow 30% 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 increased by 23% per year, which means it is well ahead of earnings.お知らせ • Dec 26KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Board Change • Nov 08Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Yu Zhong is the most experienced director on the board, commencing their role in 2022. Independent Director Weiwei Pan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.New Risk • Oct 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.6% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin).お知らせ • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025KINGSEMI Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 (6.7% average weekly change). Large one-off items impacting financial results.Declared Dividend • Jul 07Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 0.1%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 96%.お知らせ • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025KINGSEMI Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Price Target Changed • May 22Price target increased by 9.5% to CN¥104Up from CN¥95.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥94.39. Stock is up 52% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.01 last year.Price Target Changed • May 20Price target decreased by 8.0% to CN¥90.00Down from CN¥97.88, the current price target is provided by 1 analyst. New target price is 8.0% below last closing price of CN¥97.78. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.47 for next year compared to CN¥1.01 last year.Major Estimate Revision • May 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.60b to CN¥2.34b. EPS estimate also fell from CN¥1.65 per share to CN¥1.47 per share. Net income forecast to grow 80% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target of CN¥90.00 unchanged from last update. Share price was steady at CN¥97.78 over the past week.Reported Earnings • Apr 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 34% 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 increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 26KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning Chinaお知らせ • Mar 28KINGSEMI Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025KINGSEMI Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 35% 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 increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 27KINGSEMI Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025KINGSEMI Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Price Target Changed • Dec 16Price target increased by 11% to CN¥97.88Up from CN¥88.36, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥86.37. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥1.26 last year.Major Estimate Revision • Nov 15Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.58b to CN¥1.75b. EPS estimate fell from CN¥1.68 to CN¥1.19. Net income forecast to grow 180% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.36 to CN¥90.91. Share price fell 3.5% to CN¥98.90 over the past week.Major Estimate Revision • Nov 06Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.13b to CN¥1.58b. EPS estimate unchanged from CN¥1.68 per share at last update. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target broadly unchanged at CN¥88.36. Share price rose 9.7% to CN¥92.51 over the past week.Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥411.0m (down 20% from 3Q 2023). Net income: CN¥32.9m (down 61% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 72%. Revenue is forecast to grow 38% 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 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Major Estimate Revision • Oct 09Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.21b to CN¥2.13b. EPS estimate rose from CN¥1.53 to CN¥1.76. Net income forecast to grow 101% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥79.49 to CN¥87.24. Share price rose 18% to CN¥97.52 over the past week.お知らせ • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024KINGSEMI Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024New Risk • Sep 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).Price Target Changed • Jul 19Price target decreased by 12% to CN¥79.49Down from CN¥89.89, the current price target is an average from 4 analysts. New target price is 5.6% above last closing price of CN¥75.29. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.Price Target Changed • Jul 17Price target decreased by 12% to CN¥79.49Down from CN¥89.88, the current price target is an average from 4 analysts. New target price is 17% above last closing price of CN¥67.87. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.Major Estimate Revision • Jul 17Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.24b to CN¥2.19b. EPS estimate also fell from CN¥1.79 per share to CN¥1.53 per share. Net income forecast to grow 73% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥89.88 to CN¥79.49. Share price rose 17% to CN¥67.87 over the past week.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥63.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past three years.お知らせ • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024KINGSEMI Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • May 26KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024, at 13:30 China Standard Time.Price Target Changed • May 06Price target decreased by 20% to CN¥130Down from CN¥163, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CN¥93.82. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥2.54 for next year compared to CN¥1.82 last year.Reported Earnings • Apr 28First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.48 in 1Q 2023). Revenue: CN¥244.2m (down 15% from 1Q 2023). Net income: CN¥16.0m (down 76% from 1Q 2023). Profit margin: 6.6% (down from 23% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 36% 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, earnings per share has increased by 43% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 29KINGSEMI Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.82 (up from CN¥1.53 in FY 2022). Revenue: CN¥1.72b (up 24% from FY 2022). Net income: CN¥250.5m (up 25% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 32% 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 increased by 53% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 23KINGSEMI Co., Ltd. (SHSE:688037) announces an Equity Buyback for CNY 20 million worth of its shares.KINGSEMI Co., Ltd. (SHSE:688037) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 150 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The funds for the repurchases are the part of the over-raised funds obtained from the company’s initial public offering of RMB ordinary shares. The program will be valid for a period of 6 months.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥90.47, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Semiconductor industry in China. Total returns to shareholders of 38% over the past three years.お知らせ • Dec 29KINGSEMI Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Nov 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.54 in 3Q 2022). Revenue: CN¥510.9m (up 30% from 3Q 2022). Net income: CN¥84.6m (up 15% from 3Q 2022). Profit margin: 17% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 33% 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 54% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Price Target Changed • Sep 04Price target decreased by 13% to CN¥174Down from CN¥201, the current price target is an average from 5 analysts. New target price is 20% above last closing price of CN¥144. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of CN¥2.04 for next year compared to CN¥1.53 last year.New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (57% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥129, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 57% over the past three years.お知らせ • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023KINGSEMI Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Price Target Changed • Jun 21Price target increased by 8.4% to CN¥206Up from CN¥190, the current price target is an average from 5 analysts. New target price is 19% above last closing price of CN¥173. Stock is up 93% over the past year. The company is forecast to post earnings per share of CN¥1.97 for next year compared to CN¥1.53 last year.Price Target Changed • May 29Price target increased by 8.6% to CN¥281Up from CN¥258, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥282. Stock is up 121% over the past year. The company is forecast to post earnings per share of CN¥2.88 for next year compared to CN¥2.27 last year.Price Target Changed • Apr 28Price target increased by 7.5% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 9.6% below last closing price of CN¥286. Stock is up 169% over the past year. The company is forecast to post earnings per share of CN¥3.08 for next year compared to CN¥2.27 last year.Price Target Changed • Apr 26Price target increased by 7.9% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of CN¥273. Stock is up 173% over the past year. The company is forecast to post earnings per share of CN¥2.77 for next year compared to CN¥2.27 last year.Major Estimate Revision • Apr 25Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥1.91b to CN¥2.12b. EPS estimate unchanged at CN¥2.77. Net income forecast to grow 28% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥236 to CN¥244. Share price rose 3.8% to CN¥294 over the past week.Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.27 (up from CN¥0.92 in FY 2021). Revenue: CN¥1.38b (up 67% from FY 2021). Net income: CN¥200.2m (up 159% from FY 2021). Profit margin: 14% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 25% p.a. on average during the next 2 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 52% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 29Price target increased by 8.5% to CN¥240Up from CN¥221, the current price target is an average from 5 analysts. New target price is 14% above last closing price of CN¥210. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥2.76 for next year compared to CN¥2.24 last year.Price Target Changed • Feb 25Price target increased by 12% to CN¥221Up from CN¥196, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥211. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥2.06 for next year compared to CN¥0.92 last year.Price Target Changed • Nov 16Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥203. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Nov 08Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is 16% below last closing price of CN¥245. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.Major Estimate Revision • Nov 04Consensus EPS estimates increase by 38%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥1.34b to CN¥1.37b. EPS estimate increased from CN¥1.63 to CN¥2.25 per share. Net income forecast to grow 87% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥181 to CN¥191. Share price rose 3.6% to CN¥259 over the past week.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.80 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.80 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥392.4m (up 100% from 3Q 2021). Net income: CN¥73.6m (up 309% from 3Q 2021). Profit margin: 19% (up from 9.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.33 in 2Q 2021). Revenue: CN¥320.5m (up 35% from 2Q 2021). Net income: CN¥37.0m (up 30% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 65%, compared to a 47% growth forecast for the Semiconductor industry in China.Reported Earnings • Apr 28First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥183.7m (up 62% from 1Q 2021). Net income: CN¥32.4m (up 398% from 1Q 2021). Profit margin: 18% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 35%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 63%, compared to a 44% growth forecast for the industry in China.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.92 (up from CN¥0.58 in FY 2020). Revenue: CN¥828.7m (up 152% from FY 2020). Net income: CN¥77.2m (up 58% from FY 2020). Profit margin: 9.3% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 52%, compared to a 55% growth forecast for the industry in China.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.16 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥237.5m (up 340% from 2Q 2020). Net income: CN¥28.6m (up 103% from 2Q 2020). Profit margin: 12% (down from 26% in 2Q 2020).Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.09 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥113.4m (up CN¥104.9m from 1Q 2020). Net income: CN¥6.50m (up CN¥14.4m from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020).Reported Earnings • Mar 20Full year 2020 earnings released: EPS CN¥0.58 (vs CN¥0.46 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥328.9m (up 54% from FY 2019). Net income: CN¥48.8m (up 67% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Mar 09New 90-day low: CN¥82.45The company is down 12% from its price of CN¥93.62 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.お知らせ • Jan 22KINGSEMI Co., Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021KINGSEMI Co., Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021Is New 90 Day High Low • Dec 24New 90-day low: CN¥85.44The company is down 20% from its price of CN¥107 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.Is New 90 Day High Low • Dec 09New 90-day low: CN¥93.62The company is down 13% from its price of CN¥107 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.Is New 90 Day High Low • Oct 21New 90-day low: CN¥99.98The company is down 14% from its price of CN¥117 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.お知らせ • Jul 10KINGSEMI Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020KINGSEMI Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020株主還元688037CN SemiconductorCN 市場7D8.3%1.0%0.2%1Y180.8%69.0%9.7%株主還元を見る業界別リターン: 688037過去 1 年間で69 % の収益を上げたCN Semiconductor業界を上回りました。リターン対市場: 688037過去 1 年間で9.7 % の収益を上げたCN市場を上回りました。価格変動Is 688037's price volatile compared to industry and market?688037 volatility688037 Average Weekly Movement14.2%Semiconductor Industry Average Movement11.5%Market Average Movement7.3%10% most volatile stocks in CN Market12.5%10% least volatile stocks in CN Market4.4%安定した株価: 688037の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 688037の weekly volatility ( 14% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20021,794n/awww.kingsemi.com(株)キングセミは、中国で半導体専用装置、集積回路製造装置、検査装置、その他電子機器の研究開発、製造、販売を行っている。同社の製品には、フォトリソグラフィプロセス用塗布現像装置、枚葉式ウェットプロセス装置、枚葉式ウェットプロセス装置などがある。同社は2002年に設立され、中国の瀋陽に本社を置いている。もっと見るKINGSEMI Co., Ltd. 基礎のまとめKINGSEMI の収益と売上を時価総額と比較するとどうか。688037 基礎統計学時価総額CN¥67.87b収益（TTM）CN¥70.55m売上高(TTM)CN¥2.00b962.0xPER（株価収益率33.9xP/Sレシオ688037 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計688037 損益計算書（TTM）収益CN¥2.00b売上原価CN¥1.30b売上総利益CN¥702.35mその他の費用CN¥631.80m収益CN¥70.55m直近の収益報告Mar 31, 2026次回決算日Aug 26, 2026一株当たり利益（EPS）0.35グロス・マージン35.05%純利益率3.52%有利子負債／自己資本比率54.8%688037 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.01%現在の配当利回り9%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/14 12:32終値2026/08/14 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋KINGSEMI Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Guohan WangChina Renaissance SecuritiesFang WangZhongtai Securities Co. Ltd.
お知らせ • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026KINGSEMI Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
お知らせ • Jun 05KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time.
Reported Earnings • Apr 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Mar 30KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Revenue is forecast to grow 30% 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 increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Dec 26KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026KINGSEMI Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
お知らせ • Jun 05KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time.
Reported Earnings • Apr 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Mar 30KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Revenue is forecast to grow 30% 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 increased by 23% per year, which means it is well ahead of earnings.
お知らせ • Dec 26KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Board Change • Nov 08Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Yu Zhong is the most experienced director on the board, commencing their role in 2022. Independent Director Weiwei Pan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
New Risk • Oct 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.6% 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin).
お知らせ • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025KINGSEMI Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% 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 (6.7% average weekly change). Large one-off items impacting financial results.
Declared Dividend • Jul 07Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 0.1%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 96%.
お知らせ • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025KINGSEMI Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Price Target Changed • May 22Price target increased by 9.5% to CN¥104Up from CN¥95.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥94.39. Stock is up 52% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.01 last year.
Price Target Changed • May 20Price target decreased by 8.0% to CN¥90.00Down from CN¥97.88, the current price target is provided by 1 analyst. New target price is 8.0% below last closing price of CN¥97.78. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.47 for next year compared to CN¥1.01 last year.
Major Estimate Revision • May 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.60b to CN¥2.34b. EPS estimate also fell from CN¥1.65 per share to CN¥1.47 per share. Net income forecast to grow 80% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target of CN¥90.00 unchanged from last update. Share price was steady at CN¥97.78 over the past week.
Reported Earnings • Apr 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 34% 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 increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 26KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China
お知らせ • Mar 28KINGSEMI Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025KINGSEMI Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 35% 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 increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 27KINGSEMI Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025KINGSEMI Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Price Target Changed • Dec 16Price target increased by 11% to CN¥97.88Up from CN¥88.36, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥86.37. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥1.26 last year.
Major Estimate Revision • Nov 15Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.58b to CN¥1.75b. EPS estimate fell from CN¥1.68 to CN¥1.19. Net income forecast to grow 180% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.36 to CN¥90.91. Share price fell 3.5% to CN¥98.90 over the past week.
Major Estimate Revision • Nov 06Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.13b to CN¥1.58b. EPS estimate unchanged from CN¥1.68 per share at last update. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target broadly unchanged at CN¥88.36. Share price rose 9.7% to CN¥92.51 over the past week.
Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥411.0m (down 20% from 3Q 2023). Net income: CN¥32.9m (down 61% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 72%. Revenue is forecast to grow 38% 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 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Oct 09Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.21b to CN¥2.13b. EPS estimate rose from CN¥1.53 to CN¥1.76. Net income forecast to grow 101% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥79.49 to CN¥87.24. Share price rose 18% to CN¥97.52 over the past week.
お知らせ • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024KINGSEMI Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024
New Risk • Sep 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).
Price Target Changed • Jul 19Price target decreased by 12% to CN¥79.49Down from CN¥89.89, the current price target is an average from 4 analysts. New target price is 5.6% above last closing price of CN¥75.29. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.
Price Target Changed • Jul 17Price target decreased by 12% to CN¥79.49Down from CN¥89.88, the current price target is an average from 4 analysts. New target price is 17% above last closing price of CN¥67.87. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.
Major Estimate Revision • Jul 17Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.24b to CN¥2.19b. EPS estimate also fell from CN¥1.79 per share to CN¥1.53 per share. Net income forecast to grow 73% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥89.88 to CN¥79.49. Share price rose 17% to CN¥67.87 over the past week.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥63.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past three years.
お知らせ • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024KINGSEMI Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • May 26KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024, at 13:30 China Standard Time.
Price Target Changed • May 06Price target decreased by 20% to CN¥130Down from CN¥163, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CN¥93.82. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥2.54 for next year compared to CN¥1.82 last year.
Reported Earnings • Apr 28First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.48 in 1Q 2023). Revenue: CN¥244.2m (down 15% from 1Q 2023). Net income: CN¥16.0m (down 76% from 1Q 2023). Profit margin: 6.6% (down from 23% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 36% 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, earnings per share has increased by 43% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 29KINGSEMI Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.82 (up from CN¥1.53 in FY 2022). Revenue: CN¥1.72b (up 24% from FY 2022). Net income: CN¥250.5m (up 25% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 32% 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 increased by 53% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 23KINGSEMI Co., Ltd. (SHSE:688037) announces an Equity Buyback for CNY 20 million worth of its shares.KINGSEMI Co., Ltd. (SHSE:688037) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 150 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The funds for the repurchases are the part of the over-raised funds obtained from the company’s initial public offering of RMB ordinary shares. The program will be valid for a period of 6 months.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥90.47, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Semiconductor industry in China. Total returns to shareholders of 38% over the past three years.
お知らせ • Dec 29KINGSEMI Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.54 in 3Q 2022). Revenue: CN¥510.9m (up 30% from 3Q 2022). Net income: CN¥84.6m (up 15% from 3Q 2022). Profit margin: 17% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 33% 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 54% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Sep 04Price target decreased by 13% to CN¥174Down from CN¥201, the current price target is an average from 5 analysts. New target price is 20% above last closing price of CN¥144. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of CN¥2.04 for next year compared to CN¥1.53 last year.
New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (57% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥129, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 57% over the past three years.
お知らせ • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023KINGSEMI Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Price Target Changed • Jun 21Price target increased by 8.4% to CN¥206Up from CN¥190, the current price target is an average from 5 analysts. New target price is 19% above last closing price of CN¥173. Stock is up 93% over the past year. The company is forecast to post earnings per share of CN¥1.97 for next year compared to CN¥1.53 last year.
Price Target Changed • May 29Price target increased by 8.6% to CN¥281Up from CN¥258, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥282. Stock is up 121% over the past year. The company is forecast to post earnings per share of CN¥2.88 for next year compared to CN¥2.27 last year.
Price Target Changed • Apr 28Price target increased by 7.5% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 9.6% below last closing price of CN¥286. Stock is up 169% over the past year. The company is forecast to post earnings per share of CN¥3.08 for next year compared to CN¥2.27 last year.
Price Target Changed • Apr 26Price target increased by 7.9% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of CN¥273. Stock is up 173% over the past year. The company is forecast to post earnings per share of CN¥2.77 for next year compared to CN¥2.27 last year.
Major Estimate Revision • Apr 25Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥1.91b to CN¥2.12b. EPS estimate unchanged at CN¥2.77. Net income forecast to grow 28% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥236 to CN¥244. Share price rose 3.8% to CN¥294 over the past week.
Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.27 (up from CN¥0.92 in FY 2021). Revenue: CN¥1.38b (up 67% from FY 2021). Net income: CN¥200.2m (up 159% from FY 2021). Profit margin: 14% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 25% p.a. on average during the next 2 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 52% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 29Price target increased by 8.5% to CN¥240Up from CN¥221, the current price target is an average from 5 analysts. New target price is 14% above last closing price of CN¥210. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥2.76 for next year compared to CN¥2.24 last year.
Price Target Changed • Feb 25Price target increased by 12% to CN¥221Up from CN¥196, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥211. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥2.06 for next year compared to CN¥0.92 last year.
Price Target Changed • Nov 16Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥203. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Nov 08Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is 16% below last closing price of CN¥245. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.
Major Estimate Revision • Nov 04Consensus EPS estimates increase by 38%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥1.34b to CN¥1.37b. EPS estimate increased from CN¥1.63 to CN¥2.25 per share. Net income forecast to grow 87% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥181 to CN¥191. Share price rose 3.6% to CN¥259 over the past week.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.80 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.80 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥392.4m (up 100% from 3Q 2021). Net income: CN¥73.6m (up 309% from 3Q 2021). Profit margin: 19% (up from 9.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.33 in 2Q 2021). Revenue: CN¥320.5m (up 35% from 2Q 2021). Net income: CN¥37.0m (up 30% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 65%, compared to a 47% growth forecast for the Semiconductor industry in China.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥183.7m (up 62% from 1Q 2021). Net income: CN¥32.4m (up 398% from 1Q 2021). Profit margin: 18% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 35%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 63%, compared to a 44% growth forecast for the industry in China.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.92 (up from CN¥0.58 in FY 2020). Revenue: CN¥828.7m (up 152% from FY 2020). Net income: CN¥77.2m (up 58% from FY 2020). Profit margin: 9.3% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 52%, compared to a 55% growth forecast for the industry in China.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.16 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥237.5m (up 340% from 2Q 2020). Net income: CN¥28.6m (up 103% from 2Q 2020). Profit margin: 12% (down from 26% in 2Q 2020).
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.09 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥113.4m (up CN¥104.9m from 1Q 2020). Net income: CN¥6.50m (up CN¥14.4m from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020).
Reported Earnings • Mar 20Full year 2020 earnings released: EPS CN¥0.58 (vs CN¥0.46 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥328.9m (up 54% from FY 2019). Net income: CN¥48.8m (up 67% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Mar 09New 90-day low: CN¥82.45The company is down 12% from its price of CN¥93.62 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.
お知らせ • Jan 22KINGSEMI Co., Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021KINGSEMI Co., Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021
Is New 90 Day High Low • Dec 24New 90-day low: CN¥85.44The company is down 20% from its price of CN¥107 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥93.62The company is down 13% from its price of CN¥107 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.
Is New 90 Day High Low • Oct 21New 90-day low: CN¥99.98The company is down 14% from its price of CN¥117 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.
お知らせ • Jul 10KINGSEMI Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020KINGSEMI Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020
