Piotech（688072）株式概要パイオテック社は、中国でハイエンド半導体特殊装置の研究開発、製造、販売、技術サービスを行っている。 詳細688072 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長6/6過去の実績5/6財務の健全性5/6配当金0/6報酬収益は年間35.25%増加すると予測されています 過去1年間で収益は209.8%増加しました 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 すべてのリスクチェックを見る688072 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥832.0054.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-83m27b2016201920222025202620282031Revenue CN¥27.2bEarnings CN¥6.5bAdvancedSet Fair ValueView all narrativesPiotech Inc. 競合他社Hangzhou Changchuan TechnologyLtdSymbol: SZSE:300604Market cap: CN¥213.8bACM Research (Shanghai)Symbol: SHSE:688082Market cap: CN¥216.0bAdvanced Micro-Fabrication Equipment ChinaSymbol: SHSE:688012Market cap: CN¥427.9bHwatsing TechnologySymbol: SHSE:688120Market cap: CN¥156.2b価格と性能株価の高値、安値、推移の概要Piotech過去の株価現在の株価CN¥832.0052週高値CN¥865.0052週安値CN¥147.85ベータ0.121ヶ月の変化32.49%3ヶ月変化124.86%1年変化441.28%3年間の変化333.91%5年間の変化n/aIPOからの変化1,874.45%最新ニュースお知らせ • 4hPiotech Inc. to Report First Half, 2026 Results on Aug 29, 2026Piotech Inc. announced that they will report first half, 2026 results on Aug 29, 2026New Risk • May 20New 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 8.9% 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 (8.9% average weekly change). Large one-off items impacting financial results.Board Change • May 15Less 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. 4 non-independent directors. Independent Director Sheng Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥445, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 57x in the Semiconductor industry in China. Total returns to shareholders of 150% over the past three years.New Risk • Apr 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥3.32 (vs CN¥2.48 in FY 2024)Full year 2025 results: EPS: CN¥3.32 (up from CN¥2.48 in FY 2024). Revenue: CN¥6.52b (up 59% from FY 2024). Net income: CN¥926.7m (up 35% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 31% per year.最新情報をもっと見るRecent updatesお知らせ • 4hPiotech Inc. to Report First Half, 2026 Results on Aug 29, 2026Piotech Inc. announced that they will report first half, 2026 results on Aug 29, 2026New Risk • May 20New 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 8.9% 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 (8.9% average weekly change). Large one-off items impacting financial results.Board Change • May 15Less 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. 4 non-independent directors. Independent Director Sheng Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥445, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 57x in the Semiconductor industry in China. Total returns to shareholders of 150% over the past three years.New Risk • Apr 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥3.32 (vs CN¥2.48 in FY 2024)Full year 2025 results: EPS: CN¥3.32 (up from CN¥2.48 in FY 2024). Revenue: CN¥6.52b (up 59% from FY 2024). Net income: CN¥926.7m (up 35% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 31% per year.お知らせ • Apr 28Piotech Inc., Annual General Meeting, May 18, 2026Piotech Inc., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning Chinaお知らせ • Mar 30Piotech Inc. to Report Q1, 2026 Results on Apr 28, 2026Piotech Inc. announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 01Full year 2025 earnings released: EPS: CN¥3.33 (vs CN¥2.48 in FY 2024)Full year 2025 results: EPS: CN¥3.33 (up from CN¥2.48 in FY 2024). Revenue: CN¥6.52b (up 59% from FY 2024). Net income: CN¥929.3m (up 35% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 26Piotech Inc. to Report Fiscal Year 2025 Results on Apr 28, 2026Piotech Inc. announced that they will report fiscal year 2025 results on Apr 28, 2026Price Target Changed • Nov 01Price target increased by 9.3% to CN¥244Up from CN¥223, the current price target is an average from 6 analysts. New target price is 20% below last closing price of CN¥305. Stock is up 97% over the past year. The company is forecast to post earnings per share of CN¥3.42 for next year compared to CN¥2.48 last year.お知らせ • Sep 30Piotech Inc. to Report Q3, 2025 Results on Oct 31, 2025Piotech Inc. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Sep 24New 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 7.0% 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 (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin).Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.87 (vs CN¥0.39 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.87 (up from CN¥0.39 in 2Q 2024). Revenue: CN¥1.25b (up 57% from 2Q 2024). Net income: CN¥241.2m (up 103% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). Revenue is forecast to grow 24% 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 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 30Piotech Inc. to Report First Half, 2025 Results on Aug 26, 2025Piotech Inc. announced that they will report first half, 2025 results on Aug 26, 2025お知らせ • Jun 24Piotech Inc.(SHSE:688072) dropped from Shanghai Stock Exchange 180 Value IndexPiotech Inc removedDeclared Dividend • Jun 15Dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.7%.Reported Earnings • Apr 25Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CN¥2.48 (up from CN¥2.39 in FY 2023). Revenue: CN¥4.10b (up 52% from FY 2023). Net income: CN¥688.2m (up 3.9% from FY 2023). Profit margin: 17% (down from 25% in FY 2023). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 26% 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 48% per year whereas the company’s share price has increased by 43% per year.お知らせ • Apr 25Piotech Inc., Annual General Meeting, May 20, 2025Piotech Inc., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning Chinaお知らせ • Mar 28Piotech Inc. to Report Q1, 2025 Results on Apr 30, 2025Piotech Inc. announced that they will report Q1, 2025 results on Apr 30, 2025Reported Earnings • Feb 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CN¥2.48 (up from CN¥2.39 in FY 2023). Revenue: CN¥4.10b (up 52% from FY 2023). Net income: CN¥688.5m (up 3.9% from FY 2023). Profit margin: 17% (down from 25% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 26% 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 17Price target increased by 8.5% to CN¥218Up from CN¥201, the current price target is an average from 6 analysts. New target price is 41% above last closing price of CN¥155. Stock is up 24% over the past year. The company is forecast to post earnings per share of CN¥2.45 for next year compared to CN¥2.39 last year.お知らせ • Dec 27Piotech Inc. to Report Fiscal Year 2024 Results on Apr 25, 2025Piotech Inc. announced that they will report fiscal year 2024 results on Apr 25, 2025Price Target Changed • Nov 25Price target increased by 9.1% to CN¥219Up from CN¥201, the current price target is an average from 6 analysts. New target price is 14% above last closing price of CN¥192. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥2.24 for next year compared to CN¥2.39 last year.Price Target Changed • Nov 22Price target increased by 9.3% to CN¥214Up from CN¥196, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CN¥190. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥2.24 for next year compared to CN¥2.39 last year.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥177, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 4.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥188 per share.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.54 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.53 (down from CN¥0.54 in 3Q 2023). Revenue: CN¥1.01b (up 45% from 3Q 2023). Net income: CN¥142.2m (down 2.9% from 3Q 2023). Profit margin: 14% (down from 21% in 3Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.Major Estimate Revision • Oct 29Consensus EPS estimates fall by 25%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥2.78 to CN¥2.09 per share. Revenue forecast steady at CN¥3.96b. Net income forecast to grow 27% next year vs 60% growth forecast for Semiconductor industry in China. Consensus price target of CN¥196 unchanged from last update. Share price rose 2.8% to CN¥153 over the past week.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥143, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 17% over the past year.お知らせ • Sep 30Piotech Inc. to Report Q3, 2024 Results on Oct 29, 2024Piotech Inc. announced that they will report Q3, 2024 results on Oct 29, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥121, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 25% over the past year.New Risk • Sep 28New 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 6.9% 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 (89% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).Price Target Changed • Sep 04Price target decreased by 7.5% to CN¥192Down from CN¥208, the current price target is an average from 5 analysts. New target price is 56% above last closing price of CN¥123. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥2.78 for next year compared to CN¥2.39 last year.Major Estimate Revision • Sep 03Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥3.18 to CN¥2.82 per share. Revenue forecast steady at CN¥3.98b. Net income forecast to grow 47% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥208 to CN¥201. Share price was steady at CN¥121 over the past week.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥795.1m (up 32% from 2Q 2023). Net income: CN¥118.6m (up 67% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.お知らせ • Jun 28Piotech Inc. to Report First Half, 2024 Results on Aug 28, 2024Piotech Inc. announced that they will report first half, 2024 results on Aug 28, 2024Price Target Changed • Jun 14Price target increased by 8.8% to CN¥200Up from CN¥184, the current price target is an average from 5 analysts. New target price is 44% above last closing price of CN¥139. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥3.43 for next year compared to CN¥2.39 last year.New Risk • Jun 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% 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 High level of non-cash earnings (119% accrual ratio). Minor Risk Shareholders have been diluted in the past year (49% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥145, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 30x in the Semiconductor industry in China. Total loss to shareholders of 50% over the past year.Major Estimate Revision • May 06Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥5.08 to CN¥4.55 per share. Revenue forecast steady at CN¥4.05b. Net income forecast to grow 50% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥288. Share price fell 5.8% to CN¥182 over the past week.Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.28 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.28 in 1Q 2023). Revenue: CN¥471.8m (up 17% from 1Q 2023). Net income: CN¥10.5m (down 81% from 1Q 2023). Profit margin: 2.2% (down from 13% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.お知らせ • May 01Piotech Inc., Annual General Meeting, May 20, 2024Piotech Inc., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning Chinaお知らせ • Mar 30Piotech Inc. to Report Q1, 2024 Results on Apr 30, 2024Piotech Inc. announced that they will report Q1, 2024 results on Apr 30, 2024Major Estimate Revision • Mar 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥4.40 to CN¥4.87. Revenue forecast unchanged at CN¥4.08b. Net income forecast to grow 24% next year vs 65% growth forecast for Semiconductor industry in China. Consensus price target of CN¥290 unchanged from last update. Share price rose 4.4% to CN¥210 over the past week.Reported Earnings • Feb 27Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥3.55 (up from CN¥2.15 in FY 2022). Revenue: CN¥2.70b (up 59% from FY 2022). Net income: CN¥664.7m (up 80% from FY 2022). Profit margin: 25% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded 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.Major Estimate Revision • Jan 25Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥2.85b to CN¥2.78b. EPS estimate rose from CN¥2.77 to CN¥3.21. Net income forecast to grow 92% next year vs 64% growth forecast for Semiconductor industry in China. Consensus price target of CN¥294 unchanged from last update. Share price was steady at CN¥182 over the past week.お知らせ • Dec 29Piotech Inc. to Report Fiscal Year 2023 Results on Apr 30, 2024Piotech Inc. announced that they will report fiscal year 2023 results on Apr 30, 2024Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥1.01 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.56 (down from CN¥1.01 in 2Q 2022). Revenue: CN¥601.3m (up 45% from 2Q 2022). Net income: CN¥70.8m (down 41% from 2Q 2022). Profit margin: 12% (down from 29% in 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.Board Change • Aug 04Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Supervisor Yang Cao is the most experienced director on the board, commencing their role in 2018. Independent Director Guoqing Zhao was the last independent director to join the board, commencing their role in 2021. 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.お知らせ • Jun 28Piotech Inc. to Report First Half, 2023 Results on Aug 29, 2023Piotech Inc. announced that they will report first half, 2023 results on Aug 29, 2023Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥3.18 (up from CN¥0.72 in FY 2021). Revenue: CN¥1.71b (up 125% from FY 2021). Net income: CN¥368.5m (up 438% from FY 2021). Profit margin: 22% (up from 9.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China.Major Estimate Revision • Feb 22Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from CN¥2.52 to CN¥2.80. Revenue forecast unchanged at CN¥1.62b. Net income forecast to grow 67% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target of CN¥302 unchanged from last update. Share price was steady at CN¥279 over the past week.Major Estimate Revision • Feb 04Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. 2022 revenue forecast increased from CN¥1.52b to CN¥1.60b. EPS estimate increased from CN¥2.19 to CN¥2.52 per share. Net income forecast to grow 64% next year vs 43% growth forecast for Semiconductor industry in China. Consensus price target of CN¥283 unchanged from last update. Share price fell 5.0% to CN¥246 over the past week.Major Estimate Revision • Nov 07Consensus revenue estimates increase by 25%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥1.22b to CN¥1.53b. EPS estimate increased from CN¥1.41 to CN¥1.79 per share. Net income forecast to grow 21% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥171 to CN¥222. Share price fell 4.3% to CN¥261 over the past week.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥1.01 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥1.01 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥468.3m (up 22% from 3Q 2021). Net income: CN¥129.4m (up CN¥118.8m from 3Q 2021). Profit margin: 28% (up from 2.7% in 3Q 2021). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.Buying Opportunity • Jul 04Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 37% per annum. Earnings is also forecast to grow by 52% per annum over the same time period.株主還元688072CN SemiconductorCN 市場7D11.2%9.8%-2.9%1Y441.3%149.6%28.3%株主還元を見る業界別リターン: 688072過去 1 年間で149.6 % 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: 688072過去 1 年間で28.3 % の収益を上げたCN市場を上回りました。価格変動Is 688072's price volatile compared to industry and market?688072 volatility688072 Average Weekly Movement11.3%Semiconductor Industry Average Movement9.4%Market Average Movement6.7%10% most volatile stocks in CN Market10.8%10% least volatile stocks in CN Market4.1%安定した株価: 688072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: 688072の weekly volatility ( 11% ) 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20101,695Jing Liuwww.piotech.cn中国でハイエンド半導体特殊装置の研究開発、製造、販売、技術サービスを手掛ける。プラズマエンハンスド化学蒸着装置、原子層蒸着装置、亜大気圧化学蒸着装置、高密度プラズマエンハンスド化学蒸着装置など、集積回路ロジックチップやメモリーチップなどの製造ラインで使用される薄膜装置や、ウエハーレベルの3次元集積分野で使用されるハイブリッドボンディング装置を提供している。同社は2010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Piotech Inc. 基礎のまとめPiotech の収益と売上を時価総額と比較するとどうか。688072 基礎統計学時価総額CN¥234.15b収益（TTM）CN¥1.64b売上高(TTM)CN¥6.92b142.4xPER（株価収益率33.8xP/Sレシオ688072 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688072 損益計算書（TTM）収益CN¥6.92b売上原価CN¥4.48b売上総利益CN¥2.45bその他の費用CN¥803.20m収益CN¥1.64b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）5.84グロス・マージン35.35%純利益率23.75%有利子負債／自己資本比率34.6%688072 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0.04%現在の配当利回り6%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2026/06/29 06:54終値2026/06/26 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Piotech Inc. 3 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。14 アナリスト機関Mark LiBernsteinHao DaiBernsteinQingyuan LinBernstein11 その他のアナリストを表示
お知らせ • 4hPiotech Inc. to Report First Half, 2026 Results on Aug 29, 2026Piotech Inc. announced that they will report first half, 2026 results on Aug 29, 2026
New Risk • May 20New 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 8.9% 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 (8.9% average weekly change). Large one-off items impacting financial results.
Board Change • May 15Less 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. 4 non-independent directors. Independent Director Sheng Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥445, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 57x in the Semiconductor industry in China. Total returns to shareholders of 150% over the past three years.
New Risk • Apr 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥3.32 (vs CN¥2.48 in FY 2024)Full year 2025 results: EPS: CN¥3.32 (up from CN¥2.48 in FY 2024). Revenue: CN¥6.52b (up 59% from FY 2024). Net income: CN¥926.7m (up 35% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 31% per year.
お知らせ • 4hPiotech Inc. to Report First Half, 2026 Results on Aug 29, 2026Piotech Inc. announced that they will report first half, 2026 results on Aug 29, 2026
New Risk • May 20New 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 8.9% 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 (8.9% average weekly change). Large one-off items impacting financial results.
Board Change • May 15Less 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. 4 non-independent directors. Independent Director Sheng Liu was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥445, the stock trades at a forward P/E ratio of 61x. Average forward P/E is 57x in the Semiconductor industry in China. Total returns to shareholders of 150% over the past three years.
New Risk • Apr 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 60% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 28Full year 2025 earnings released: EPS: CN¥3.32 (vs CN¥2.48 in FY 2024)Full year 2025 results: EPS: CN¥3.32 (up from CN¥2.48 in FY 2024). Revenue: CN¥6.52b (up 59% from FY 2024). Net income: CN¥926.7m (up 35% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 31% per year.
お知らせ • Apr 28Piotech Inc., Annual General Meeting, May 18, 2026Piotech Inc., Annual General Meeting, May 18, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China
お知らせ • Mar 30Piotech Inc. to Report Q1, 2026 Results on Apr 28, 2026Piotech Inc. announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 01Full year 2025 earnings released: EPS: CN¥3.33 (vs CN¥2.48 in FY 2024)Full year 2025 results: EPS: CN¥3.33 (up from CN¥2.48 in FY 2024). Revenue: CN¥6.52b (up 59% from FY 2024). Net income: CN¥929.3m (up 35% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 26Piotech Inc. to Report Fiscal Year 2025 Results on Apr 28, 2026Piotech Inc. announced that they will report fiscal year 2025 results on Apr 28, 2026
Price Target Changed • Nov 01Price target increased by 9.3% to CN¥244Up from CN¥223, the current price target is an average from 6 analysts. New target price is 20% below last closing price of CN¥305. Stock is up 97% over the past year. The company is forecast to post earnings per share of CN¥3.42 for next year compared to CN¥2.48 last year.
お知らせ • Sep 30Piotech Inc. to Report Q3, 2025 Results on Oct 31, 2025Piotech Inc. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Sep 24New 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 7.0% 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 (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin).
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: CN¥0.87 (vs CN¥0.39 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.87 (up from CN¥0.39 in 2Q 2024). Revenue: CN¥1.25b (up 57% from 2Q 2024). Net income: CN¥241.2m (up 103% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). Revenue is forecast to grow 24% 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 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 30Piotech Inc. to Report First Half, 2025 Results on Aug 26, 2025Piotech Inc. announced that they will report first half, 2025 results on Aug 26, 2025
お知らせ • Jun 24Piotech Inc.(SHSE:688072) dropped from Shanghai Stock Exchange 180 Value IndexPiotech Inc removed
Declared Dividend • Jun 15Dividend of CN¥0.27 announcedShareholders will receive a dividend of CN¥0.27. Ex-date: 19th June 2025 Payment date: 19th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.7%.
Reported Earnings • Apr 25Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CN¥2.48 (up from CN¥2.39 in FY 2023). Revenue: CN¥4.10b (up 52% from FY 2023). Net income: CN¥688.2m (up 3.9% from FY 2023). Profit margin: 17% (down from 25% in FY 2023). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 26% 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 48% per year whereas the company’s share price has increased by 43% per year.
お知らせ • Apr 25Piotech Inc., Annual General Meeting, May 20, 2025Piotech Inc., Annual General Meeting, May 20, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China
お知らせ • Mar 28Piotech Inc. to Report Q1, 2025 Results on Apr 30, 2025Piotech Inc. announced that they will report Q1, 2025 results on Apr 30, 2025
Reported Earnings • Feb 28Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CN¥2.48 (up from CN¥2.39 in FY 2023). Revenue: CN¥4.10b (up 52% from FY 2023). Net income: CN¥688.5m (up 3.9% from FY 2023). Profit margin: 17% (down from 25% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.3%. Revenue is forecast to grow 26% 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 17Price target increased by 8.5% to CN¥218Up from CN¥201, the current price target is an average from 6 analysts. New target price is 41% above last closing price of CN¥155. Stock is up 24% over the past year. The company is forecast to post earnings per share of CN¥2.45 for next year compared to CN¥2.39 last year.
お知らせ • Dec 27Piotech Inc. to Report Fiscal Year 2024 Results on Apr 25, 2025Piotech Inc. announced that they will report fiscal year 2024 results on Apr 25, 2025
Price Target Changed • Nov 25Price target increased by 9.1% to CN¥219Up from CN¥201, the current price target is an average from 6 analysts. New target price is 14% above last closing price of CN¥192. Stock is up 14% over the past year. The company is forecast to post earnings per share of CN¥2.24 for next year compared to CN¥2.39 last year.
Price Target Changed • Nov 22Price target increased by 9.3% to CN¥214Up from CN¥196, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CN¥190. Stock is up 20% over the past year. The company is forecast to post earnings per share of CN¥2.24 for next year compared to CN¥2.39 last year.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥177, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 4.5% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥188 per share.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.53 (vs CN¥0.54 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.53 (down from CN¥0.54 in 3Q 2023). Revenue: CN¥1.01b (up 45% from 3Q 2023). Net income: CN¥142.2m (down 2.9% from 3Q 2023). Profit margin: 14% (down from 21% in 3Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.
Major Estimate Revision • Oct 29Consensus EPS estimates fall by 25%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥2.78 to CN¥2.09 per share. Revenue forecast steady at CN¥3.96b. Net income forecast to grow 27% next year vs 60% growth forecast for Semiconductor industry in China. Consensus price target of CN¥196 unchanged from last update. Share price rose 2.8% to CN¥153 over the past week.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥143, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 17% over the past year.
お知らせ • Sep 30Piotech Inc. to Report Q3, 2024 Results on Oct 29, 2024Piotech Inc. announced that they will report Q3, 2024 results on Oct 29, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥121, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Semiconductor industry in China. Total loss to shareholders of 25% over the past year.
New Risk • Sep 28New 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 6.9% 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 (89% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
Price Target Changed • Sep 04Price target decreased by 7.5% to CN¥192Down from CN¥208, the current price target is an average from 5 analysts. New target price is 56% above last closing price of CN¥123. Stock is down 27% over the past year. The company is forecast to post earnings per share of CN¥2.78 for next year compared to CN¥2.39 last year.
Major Estimate Revision • Sep 03Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥3.18 to CN¥2.82 per share. Revenue forecast steady at CN¥3.98b. Net income forecast to grow 47% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥208 to CN¥201. Share price was steady at CN¥121 over the past week.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.39 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥795.1m (up 32% from 2Q 2023). Net income: CN¥118.6m (up 67% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
お知らせ • Jun 28Piotech Inc. to Report First Half, 2024 Results on Aug 28, 2024Piotech Inc. announced that they will report first half, 2024 results on Aug 28, 2024
Price Target Changed • Jun 14Price target increased by 8.8% to CN¥200Up from CN¥184, the current price target is an average from 5 analysts. New target price is 44% above last closing price of CN¥139. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥3.43 for next year compared to CN¥2.39 last year.
New Risk • Jun 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 49% 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 High level of non-cash earnings (119% accrual ratio). Minor Risk Shareholders have been diluted in the past year (49% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥145, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 30x in the Semiconductor industry in China. Total loss to shareholders of 50% over the past year.
Major Estimate Revision • May 06Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥5.08 to CN¥4.55 per share. Revenue forecast steady at CN¥4.05b. Net income forecast to grow 50% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥288. Share price fell 5.8% to CN¥182 over the past week.
Reported Earnings • May 01First quarter 2024 earnings released: EPS: CN¥0.06 (vs CN¥0.28 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.06 (down from CN¥0.28 in 1Q 2023). Revenue: CN¥471.8m (up 17% from 1Q 2023). Net income: CN¥10.5m (down 81% from 1Q 2023). Profit margin: 2.2% (down from 13% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.
お知らせ • May 01Piotech Inc., Annual General Meeting, May 20, 2024Piotech Inc., Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China
お知らせ • Mar 30Piotech Inc. to Report Q1, 2024 Results on Apr 30, 2024Piotech Inc. announced that they will report Q1, 2024 results on Apr 30, 2024
Major Estimate Revision • Mar 21Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CN¥4.40 to CN¥4.87. Revenue forecast unchanged at CN¥4.08b. Net income forecast to grow 24% next year vs 65% growth forecast for Semiconductor industry in China. Consensus price target of CN¥290 unchanged from last update. Share price rose 4.4% to CN¥210 over the past week.
Reported Earnings • Feb 27Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: EPS: CN¥3.55 (up from CN¥2.15 in FY 2022). Revenue: CN¥2.70b (up 59% from FY 2022). Net income: CN¥664.7m (up 80% from FY 2022). Profit margin: 25% (up from 22% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded 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.
Major Estimate Revision • Jan 25Consensus EPS estimates increase by 16%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥2.85b to CN¥2.78b. EPS estimate rose from CN¥2.77 to CN¥3.21. Net income forecast to grow 92% next year vs 64% growth forecast for Semiconductor industry in China. Consensus price target of CN¥294 unchanged from last update. Share price was steady at CN¥182 over the past week.
お知らせ • Dec 29Piotech Inc. to Report Fiscal Year 2023 Results on Apr 30, 2024Piotech Inc. announced that they will report fiscal year 2023 results on Apr 30, 2024
Reported Earnings • Aug 29Second quarter 2023 earnings released: EPS: CN¥0.56 (vs CN¥1.01 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.56 (down from CN¥1.01 in 2Q 2022). Revenue: CN¥601.3m (up 45% from 2Q 2022). Net income: CN¥70.8m (down 41% from 2Q 2022). Profit margin: 12% (down from 29% in 2Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Board Change • Aug 04Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Supervisor Yang Cao is the most experienced director on the board, commencing their role in 2018. Independent Director Guoqing Zhao was the last independent director to join the board, commencing their role in 2021. 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.
お知らせ • Jun 28Piotech Inc. to Report First Half, 2023 Results on Aug 29, 2023Piotech Inc. announced that they will report first half, 2023 results on Aug 29, 2023
Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥3.18 (up from CN¥0.72 in FY 2021). Revenue: CN¥1.71b (up 125% from FY 2021). Net income: CN¥368.5m (up 438% from FY 2021). Profit margin: 22% (up from 9.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China.
Major Estimate Revision • Feb 22Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2022 has been updated. 2022 EPS estimate increased from CN¥2.52 to CN¥2.80. Revenue forecast unchanged at CN¥1.62b. Net income forecast to grow 67% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target of CN¥302 unchanged from last update. Share price was steady at CN¥279 over the past week.
Major Estimate Revision • Feb 04Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2022 has improved. 2022 revenue forecast increased from CN¥1.52b to CN¥1.60b. EPS estimate increased from CN¥2.19 to CN¥2.52 per share. Net income forecast to grow 64% next year vs 43% growth forecast for Semiconductor industry in China. Consensus price target of CN¥283 unchanged from last update. Share price fell 5.0% to CN¥246 over the past week.
Major Estimate Revision • Nov 07Consensus revenue estimates increase by 25%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from CN¥1.22b to CN¥1.53b. EPS estimate increased from CN¥1.41 to CN¥1.79 per share. Net income forecast to grow 21% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥171 to CN¥222. Share price fell 4.3% to CN¥261 over the past week.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥1.01 (vs CN¥0.11 in 3Q 2021)Third quarter 2022 results: EPS: CN¥1.01 (up from CN¥0.11 in 3Q 2021). Revenue: CN¥468.3m (up 22% from 3Q 2021). Net income: CN¥129.4m (up CN¥118.8m from 3Q 2021). Profit margin: 28% (up from 2.7% in 3Q 2021). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.
Buying Opportunity • Jul 04Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be CN¥194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 37% per annum. Earnings is also forecast to grow by 52% per annum over the same time period.
