View ValuationFocuslight Technologies 将来の成長Future 基準チェック /06Focuslight Technologiesの EPS は、年間97.6% 増加すると予想されます。主要情報n/a収益成長率97.57%EPS成長率Semiconductor 収益成長48.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジLow最終更新日14 Apr 2026今後の成長に関する最新情報Price Target Changed • Sep 11Price target increased by 26% to CN¥90.47Up from CN¥71.70, the current price target is an average from 3 analysts. New target price is 38% below last closing price of CN¥145. Stock is up 248% over the past year. The company is forecast to post earnings per share of CN¥0.04 next year compared to a net loss per share of CN¥1.95 last year.Major Estimate Revision • May 06Consensus EPS estimates fall by 49%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥988.0m to CN¥898.1m. EPS estimate also fell from CN¥1.78 per share to CN¥0.905 per share. Net income forecast to grow 82% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥110 to CN¥102. Share price rose 2.3% to CN¥73.94 over the past week.Price Target Changed • May 02Price target decreased by 7.1% to CN¥102Down from CN¥110, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥70.66. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.61 for next year compared to CN¥1.00 last year.Major Estimate Revision • Nov 01Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥641.1m to CN¥610.1m. EPS estimate also fell from CN¥1.27 per share to CN¥1.13 per share. Net income forecast to grow 77% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target of CN¥113 unchanged from last update. Share price rose 11% to CN¥85.69 over the past week.Price Target Changed • Aug 30Price target decreased by 13% to CN¥115Down from CN¥133, the current price target is an average from 6 analysts. New target price is 33% above last closing price of CN¥86.35. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.72 for next year compared to CN¥1.41 last year.Price Target Changed • Apr 15Price target increased by 8.0% to CN¥143Up from CN¥133, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥143. Stock is up 44% over the past year. The company is forecast to post earnings per share of CN¥2.22 for next year compared to CN¥1.41 last year.すべての更新を表示Recent updatesお知らせ • Jun 30Focuslight Technologies Inc to Report First Half, 2026 Results on Aug 08, 2026Focuslight Technologies Inc announced that they will report first half, 2026 results on Aug 08, 2026Reported Earnings • Apr 30First quarter 2026 earnings released: CN¥0.15 loss per share (vs CN¥0.35 loss in 1Q 2025)First quarter 2026 results: CN¥0.15 loss per share (improved from CN¥0.35 loss in 1Q 2025). Revenue: CN¥205.4m (up 21% from 1Q 2025). Net loss: CN¥13.2m (loss narrowed 59% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 19, 2026Focuslight Technologies Inc, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi ChinaNew Risk • Apr 14New major risk - Revenue and earnings growthEarnings have declined by 55% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 55% per year over the past 5 years.お知らせ • Mar 30Focuslight Technologies Inc to Report Q1, 2026 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Focuslight Technologies Inc to Report Fiscal Year 2025 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.27 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.27 loss in 3Q 2024). Revenue: CN¥220.6m (up 50% from 3Q 2024). Net income: CN¥27.2m (up CN¥50.9m from 3Q 2024). Profit margin: 12% (up from net loss in 3Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2025 Results on Oct 30, 2025Focuslight Technologies Inc announced that they will report Q3, 2025 results on Oct 30, 2025Price Target Changed • Sep 11Price target increased by 26% to CN¥90.47Up from CN¥71.70, the current price target is an average from 3 analysts. New target price is 38% below last closing price of CN¥145. Stock is up 248% over the past year. The company is forecast to post earnings per share of CN¥0.04 next year compared to a net loss per share of CN¥1.95 last year.New Risk • Aug 06New 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 7.3% 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.New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).お知らせ • Jun 30Focuslight Technologies Inc to Report First Half, 2025 Results on Aug 29, 2025Focuslight Technologies Inc announced that they will report first half, 2025 results on Aug 29, 2025Reported Earnings • Apr 28First quarter 2025 earnings released: CN¥0.35 loss per share (vs CN¥0.18 loss in 1Q 2024)First quarter 2025 results: CN¥0.35 loss per share (further deteriorated from CN¥0.18 loss in 1Q 2024). Revenue: CN¥169.5m (up 24% from 1Q 2024). Net loss: CN¥32.0m (loss widened 97% from 1Q 2024). Revenue is forecast to grow 40% 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, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).お知らせ • Apr 26Focuslight Technologies Inc, Annual General Meeting, May 16, 2025Focuslight Technologies Inc, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi Chinaお知らせ • Apr 09Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 40 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price of CNY 100 per share. The shares repurchased will be used for cancellation and reduction of the company's registered capital. The repurchase will be funded through the company’s own funds. The program will be valid for a period of 12 months from the date the shareholders' meeting approval.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.お知らせ • Mar 28Focuslight Technologies Inc to Report Q1, 2025 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report Q1, 2025 results on Apr 26, 2025Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥1.89 loss per share (down from CN¥1.01 profit in FY 2023). Revenue: CN¥619.1m (up 10% from FY 2023). Net loss: CN¥169.7m (down 287% from profit in FY 2023). Revenue missed analyst estimates by 23%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.分析記事 • Feb 10Revenues Tell The Story For Focuslight Technologies Inc (SHSE:688167) As Its Stock Soars 27%Focuslight Technologies Inc ( SHSE:688167 ) shareholders are no doubt pleased to see that the share price has bounced...お知らせ • Dec 27Focuslight Technologies Inc to Report Fiscal Year 2024 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report fiscal year 2024 results on Apr 26, 2025分析記事 • Nov 16Focuslight Technologies Inc's (SHSE:688167) P/S Is Still On The Mark Following 28% Share Price BounceDespite an already strong run, Focuslight Technologies Inc ( SHSE:688167 ) shares have been powering on, with a gain of...Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.19 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥146.9m (up 1.5% from 3Q 2023). Net loss: CN¥23.7m (down 242% from profit in 3Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.分析記事 • Oct 02Focuslight Technologies Inc (SHSE:688167) Not Lagging Industry On Growth Or PricingWith a price-to-sales (or "P/S") ratio of 8.1x Focuslight Technologies Inc ( SHSE:688167 ) may be sending bearish...お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2024 Results on Oct 30, 2024Focuslight Technologies Inc announced that they will report Q3, 2024 results on Oct 30, 2024分析記事 • Sep 10There May Be Some Bright Spots In Focuslight Technologies' (SHSE:688167) EarningsSoft earnings didn't appear to concern Focuslight Technologies Inc's ( SHSE:688167 ) shareholders over the last week...分析記事 • Sep 07There's Been No Shortage Of Growth Recently For Focuslight Technologies' (SHSE:688167) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...お知らせ • Sep 03Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS).Focuslight Technologies Inc (SHSE:688167) signed an agreement to acquire Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) for €45 million on May 7, 2024. The transaction is subject to closing conditions and subject to approval from the Chinese regulatory authorities and Focuslight shareholder's. As of June 27, 2024, Focuslight Technologies shareholders approved the deal. The transaction is expected to close in the third quarter of 2024. Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) on September 2, 2024. ams OSRAM has received the transaction price of €45 million in cash from Focuslight Technologies.New Risk • Jul 31New 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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).分析記事 • Jul 01These 4 Measures Indicate That Focuslight Technologies (SHSE:688167) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...お知らせ • Jun 29Focuslight Technologies Inc to Report First Half, 2024 Results on Aug 29, 2024Focuslight Technologies Inc announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • May 26Focuslight Technologies (SHSE:688167) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Major Estimate Revision • May 06Consensus EPS estimates fall by 49%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥988.0m to CN¥898.1m. EPS estimate also fell from CN¥1.78 per share to CN¥0.905 per share. Net income forecast to grow 82% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥110 to CN¥102. Share price rose 2.3% to CN¥73.94 over the past week.Price Target Changed • May 02Price target decreased by 7.1% to CN¥102Down from CN¥110, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥70.66. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.61 for next year compared to CN¥1.00 last year.お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 17, 2024Focuslight Technologies Inc, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi ChinaReported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.17 profit in 1Q 2023)First quarter 2024 results: CN¥0.18 loss per share (down from CN¥0.17 profit in 1Q 2023). Revenue: CN¥137.0m (up 17% from 1Q 2023). Net loss: CN¥16.2m (down 207% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.分析記事 • Apr 18Focuslight Technologies Inc's (SHSE:688167) Stock Retreats 28% But Earnings Haven't Escaped The Attention Of InvestorsFocuslight Technologies Inc ( SHSE:688167 ) shareholders that were waiting for something to happen have been dealt a...お知らせ • Mar 29Focuslight Technologies Inc to Report Q1, 2024 Results on Apr 27, 2024Focuslight Technologies Inc announced that they will report Q1, 2024 results on Apr 27, 2024分析記事 • Mar 04Focuslight Technologies Inc's (SHSE:688167) 26% Price Boost Is Out Of Tune With RevenuesFocuslight Technologies Inc ( SHSE:688167 ) shareholders are no doubt pleased to see that the share price has bounced...Reported Earnings • Feb 27Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: CN¥1.00 (down from CN¥1.41 in FY 2022). Revenue: CN¥561.2m (up 1.7% from FY 2022). Net income: CN¥89.7m (down 29% from FY 2022). Profit margin: 16% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥74.08, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 36% over the past year.お知らせ • Jan 27Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 50 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 120 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.お知らせ • Nov 14Focuslight Technologies Inc (SHSE:688167) commences an Equity Buyback Plan for CNY 50.4 million worth of its shares, under the authorization granted on September 11, 2023.Focuslight Technologies Inc (SHSE:688167) commences share repurchases on November 10, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 11, 2023. As per the mandate, the company is authorized to repurchase its CNY 50.40 million worth of its common shares. The shares will be purchased at a price not exceeding CNY 120 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.New Risk • Nov 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (23% accrual ratio).Major Estimate Revision • Nov 01Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥641.1m to CN¥610.1m. EPS estimate also fell from CN¥1.27 per share to CN¥1.13 per share. Net income forecast to grow 77% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target of CN¥113 unchanged from last update. Share price rose 11% to CN¥85.69 over the past week.Price Target Changed • Aug 30Price target decreased by 13% to CN¥115Down from CN¥133, the current price target is an average from 6 analysts. New target price is 33% above last closing price of CN¥86.35. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.72 for next year compared to CN¥1.41 last year.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥116.7m (up 5.6% from 1Q 2022). Net income: CN¥15.2m (down 25% from 1Q 2022). Profit margin: 13% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.Price Target Changed • Apr 15Price target increased by 8.0% to CN¥143Up from CN¥133, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥143. Stock is up 44% over the past year. The company is forecast to post earnings per share of CN¥2.22 for next year compared to CN¥1.41 last year.Reported Earnings • Feb 28Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥1.41 (up from CN¥1.00 in FY 2021). Revenue: CN¥551.9m (up 16% from FY 2021). Net income: CN¥127.1m (up 88% from FY 2021). Profit margin: 23% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China.Price Target Changed • Jan 10Price target decreased to CN¥134Down from CN¥146, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥103. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥1.43 for next year compared to CN¥1.00 last year.Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥94.00, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 51% over the past year.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.35 in 3Q 2021). Revenue: CN¥135.5m (up 8.2% from 3Q 2021). Net income: CN¥37.9m (up 61% from 3Q 2021). Profit margin: 28% (up from 19% in 3Q 2021). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.Major Estimate Revision • Sep 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CN¥697.8m to CN¥679.9m. EPS estimate rose from CN¥1.30 to CN¥1.44. Net income forecast to grow 58% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥135 to CN¥148. Share price was steady at CN¥133 over the past week.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.35 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.56 (up from CN¥0.35 in 2Q 2021). Revenue: CN¥153.1m (up 22% from 2Q 2021). Net income: CN¥49.0m (up 108% from 2Q 2021). Profit margin: 32% (up from 19% in 2Q 2021). Over the next year, revenue is forecast to grow 80%, compared to a 49% growth forecast for the Semiconductor industry in China.Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CN¥1.00 (up from CN¥0.54 in FY 2020). Revenue: CN¥475.8m (up 32% from FY 2020). Net income: CN¥67.8m (up 94% from FY 2020). Profit margin: 14% (up from 9.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Over the next year, revenue is forecast to grow 56%, compared to a 55% growth forecast for the industry in China.業績と収益の成長予測SHSE:688167 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20261,048107N/A21613/31/2026916-20-10187N/A12/31/2025880-38-42172N/A9/30/2025775-121-9615N/A6/30/2025702-172-560-78N/A3/31/2025653-191-556-63N/A12/31/2024620-175-562-98N/A9/30/2024635-4-42894N/A6/30/202463336-23126N/A3/31/20245815946159N/A12/31/20235619116157N/A9/30/202353763-8336N/A6/30/202352884-9436N/A3/31/2023558122-209-22N/A12/31/2022552127-14715N/A9/30/2022532118-12335N/A6/30/2022522104-13318N/A3/31/202249579-6429N/A12/31/202147668-3142N/A9/30/202143866367N/A12/31/202036035-2037N/A12/31/2019335-80N/A-25N/A12/31/201835519N/A14N/A6/30/201719032N/A-29N/A3/31/201716125N/A-20N/A12/31/201613119N/A-11N/A9/30/201612825N/A15N/A6/30/201612631N/A41N/A3/31/201612726N/A35N/A12/31/201512822N/A29N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 688167の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 688167の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 688167の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 688167の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 688167の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 688167の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance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2026/07/26 23:30終値2026/07/24 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Focuslight Technologies Inc 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。6 アナリスト機関Xinyi ZhengChina International Capital Corporation LimitedXiaofei ZhangHaitong International Research LimitedJohnson WanJefferies LLC3 その他のアナリストを表示
Price Target Changed • Sep 11Price target increased by 26% to CN¥90.47Up from CN¥71.70, the current price target is an average from 3 analysts. New target price is 38% below last closing price of CN¥145. Stock is up 248% over the past year. The company is forecast to post earnings per share of CN¥0.04 next year compared to a net loss per share of CN¥1.95 last year.
Major Estimate Revision • May 06Consensus EPS estimates fall by 49%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥988.0m to CN¥898.1m. EPS estimate also fell from CN¥1.78 per share to CN¥0.905 per share. Net income forecast to grow 82% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥110 to CN¥102. Share price rose 2.3% to CN¥73.94 over the past week.
Price Target Changed • May 02Price target decreased by 7.1% to CN¥102Down from CN¥110, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥70.66. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.61 for next year compared to CN¥1.00 last year.
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥641.1m to CN¥610.1m. EPS estimate also fell from CN¥1.27 per share to CN¥1.13 per share. Net income forecast to grow 77% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target of CN¥113 unchanged from last update. Share price rose 11% to CN¥85.69 over the past week.
Price Target Changed • Aug 30Price target decreased by 13% to CN¥115Down from CN¥133, the current price target is an average from 6 analysts. New target price is 33% above last closing price of CN¥86.35. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.72 for next year compared to CN¥1.41 last year.
Price Target Changed • Apr 15Price target increased by 8.0% to CN¥143Up from CN¥133, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥143. Stock is up 44% over the past year. The company is forecast to post earnings per share of CN¥2.22 for next year compared to CN¥1.41 last year.
お知らせ • Jun 30Focuslight Technologies Inc to Report First Half, 2026 Results on Aug 08, 2026Focuslight Technologies Inc announced that they will report first half, 2026 results on Aug 08, 2026
Reported Earnings • Apr 30First quarter 2026 earnings released: CN¥0.15 loss per share (vs CN¥0.35 loss in 1Q 2025)First quarter 2026 results: CN¥0.15 loss per share (improved from CN¥0.35 loss in 1Q 2025). Revenue: CN¥205.4m (up 21% from 1Q 2025). Net loss: CN¥13.2m (loss narrowed 59% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 141 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 19, 2026Focuslight Technologies Inc, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China
New Risk • Apr 14New major risk - Revenue and earnings growthEarnings have declined by 55% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 55% per year over the past 5 years.
お知らせ • Mar 30Focuslight Technologies Inc to Report Q1, 2026 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Focuslight Technologies Inc to Report Fiscal Year 2025 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.27 loss in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.27 loss in 3Q 2024). Revenue: CN¥220.6m (up 50% from 3Q 2024). Net income: CN¥27.2m (up CN¥50.9m from 3Q 2024). Profit margin: 12% (up from net loss in 3Q 2024). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2025 Results on Oct 30, 2025Focuslight Technologies Inc announced that they will report Q3, 2025 results on Oct 30, 2025
Price Target Changed • Sep 11Price target increased by 26% to CN¥90.47Up from CN¥71.70, the current price target is an average from 3 analysts. New target price is 38% below last closing price of CN¥145. Stock is up 248% over the past year. The company is forecast to post earnings per share of CN¥0.04 next year compared to a net loss per share of CN¥1.95 last year.
New Risk • Aug 06New 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 7.3% 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.
New Risk • Jul 04New major risk - Revenue and earnings growthEarnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).
お知らせ • Jun 30Focuslight Technologies Inc to Report First Half, 2025 Results on Aug 29, 2025Focuslight Technologies Inc announced that they will report first half, 2025 results on Aug 29, 2025
Reported Earnings • Apr 28First quarter 2025 earnings released: CN¥0.35 loss per share (vs CN¥0.18 loss in 1Q 2024)First quarter 2025 results: CN¥0.35 loss per share (further deteriorated from CN¥0.18 loss in 1Q 2024). Revenue: CN¥169.5m (up 24% from 1Q 2024). Net loss: CN¥32.0m (loss widened 97% from 1Q 2024). Revenue is forecast to grow 40% 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, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
New Risk • Apr 27New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).
お知らせ • Apr 26Focuslight Technologies Inc, Annual General Meeting, May 16, 2025Focuslight Technologies Inc, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China
お知らせ • Apr 09Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 40 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price of CNY 100 per share. The shares repurchased will be used for cancellation and reduction of the company's registered capital. The repurchase will be funded through the company’s own funds. The program will be valid for a period of 12 months from the date the shareholders' meeting approval.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
お知らせ • Mar 28Focuslight Technologies Inc to Report Q1, 2025 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report Q1, 2025 results on Apr 26, 2025
Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥1.89 loss per share (down from CN¥1.01 profit in FY 2023). Revenue: CN¥619.1m (up 10% from FY 2023). Net loss: CN¥169.7m (down 287% from profit in FY 2023). Revenue missed analyst estimates by 23%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
分析記事 • Feb 10Revenues Tell The Story For Focuslight Technologies Inc (SHSE:688167) As Its Stock Soars 27%Focuslight Technologies Inc ( SHSE:688167 ) shareholders are no doubt pleased to see that the share price has bounced...
お知らせ • Dec 27Focuslight Technologies Inc to Report Fiscal Year 2024 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report fiscal year 2024 results on Apr 26, 2025
分析記事 • Nov 16Focuslight Technologies Inc's (SHSE:688167) P/S Is Still On The Mark Following 28% Share Price BounceDespite an already strong run, Focuslight Technologies Inc ( SHSE:688167 ) shares have been powering on, with a gain of...
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.19 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥146.9m (up 1.5% from 3Q 2023). Net loss: CN¥23.7m (down 242% from profit in 3Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.
分析記事 • Oct 02Focuslight Technologies Inc (SHSE:688167) Not Lagging Industry On Growth Or PricingWith a price-to-sales (or "P/S") ratio of 8.1x Focuslight Technologies Inc ( SHSE:688167 ) may be sending bearish...
お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2024 Results on Oct 30, 2024Focuslight Technologies Inc announced that they will report Q3, 2024 results on Oct 30, 2024
分析記事 • Sep 10There May Be Some Bright Spots In Focuslight Technologies' (SHSE:688167) EarningsSoft earnings didn't appear to concern Focuslight Technologies Inc's ( SHSE:688167 ) shareholders over the last week...
分析記事 • Sep 07There's Been No Shortage Of Growth Recently For Focuslight Technologies' (SHSE:688167) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
お知らせ • Sep 03Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS).Focuslight Technologies Inc (SHSE:688167) signed an agreement to acquire Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) for €45 million on May 7, 2024. The transaction is subject to closing conditions and subject to approval from the Chinese regulatory authorities and Focuslight shareholder's. As of June 27, 2024, Focuslight Technologies shareholders approved the deal. The transaction is expected to close in the third quarter of 2024. Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) on September 2, 2024. ams OSRAM has received the transaction price of €45 million in cash from Focuslight Technologies.
New Risk • Jul 31New 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 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).
分析記事 • Jul 01These 4 Measures Indicate That Focuslight Technologies (SHSE:688167) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
お知らせ • Jun 29Focuslight Technologies Inc to Report First Half, 2024 Results on Aug 29, 2024Focuslight Technologies Inc announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • May 26Focuslight Technologies (SHSE:688167) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Major Estimate Revision • May 06Consensus EPS estimates fall by 49%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥988.0m to CN¥898.1m. EPS estimate also fell from CN¥1.78 per share to CN¥0.905 per share. Net income forecast to grow 82% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥110 to CN¥102. Share price rose 2.3% to CN¥73.94 over the past week.
Price Target Changed • May 02Price target decreased by 7.1% to CN¥102Down from CN¥110, the current price target is an average from 4 analysts. New target price is 45% above last closing price of CN¥70.66. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥1.61 for next year compared to CN¥1.00 last year.
お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 17, 2024Focuslight Technologies Inc, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China
Reported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.17 profit in 1Q 2023)First quarter 2024 results: CN¥0.18 loss per share (down from CN¥0.17 profit in 1Q 2023). Revenue: CN¥137.0m (up 17% from 1Q 2023). Net loss: CN¥16.2m (down 207% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.
分析記事 • Apr 18Focuslight Technologies Inc's (SHSE:688167) Stock Retreats 28% But Earnings Haven't Escaped The Attention Of InvestorsFocuslight Technologies Inc ( SHSE:688167 ) shareholders that were waiting for something to happen have been dealt a...
お知らせ • Mar 29Focuslight Technologies Inc to Report Q1, 2024 Results on Apr 27, 2024Focuslight Technologies Inc announced that they will report Q1, 2024 results on Apr 27, 2024
分析記事 • Mar 04Focuslight Technologies Inc's (SHSE:688167) 26% Price Boost Is Out Of Tune With RevenuesFocuslight Technologies Inc ( SHSE:688167 ) shareholders are no doubt pleased to see that the share price has bounced...
Reported Earnings • Feb 27Full year 2023 earnings: EPS in line with expectations, revenues disappointFull year 2023 results: EPS: CN¥1.00 (down from CN¥1.41 in FY 2022). Revenue: CN¥561.2m (up 1.7% from FY 2022). Net income: CN¥89.7m (down 29% from FY 2022). Profit margin: 16% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥74.08, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 36% over the past year.
お知らせ • Jan 27Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 50 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 120 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.
お知らせ • Nov 14Focuslight Technologies Inc (SHSE:688167) commences an Equity Buyback Plan for CNY 50.4 million worth of its shares, under the authorization granted on September 11, 2023.Focuslight Technologies Inc (SHSE:688167) commences share repurchases on November 10, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 11, 2023. As per the mandate, the company is authorized to repurchase its CNY 50.40 million worth of its common shares. The shares will be purchased at a price not exceeding CNY 120 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.
New Risk • Nov 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (23% accrual ratio).
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥641.1m to CN¥610.1m. EPS estimate also fell from CN¥1.27 per share to CN¥1.13 per share. Net income forecast to grow 77% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target of CN¥113 unchanged from last update. Share price rose 11% to CN¥85.69 over the past week.
Price Target Changed • Aug 30Price target decreased by 13% to CN¥115Down from CN¥133, the current price target is an average from 6 analysts. New target price is 33% above last closing price of CN¥86.35. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥1.72 for next year compared to CN¥1.41 last year.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥116.7m (up 5.6% from 1Q 2022). Net income: CN¥15.2m (down 25% from 1Q 2022). Profit margin: 13% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Price Target Changed • Apr 15Price target increased by 8.0% to CN¥143Up from CN¥133, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CN¥143. Stock is up 44% over the past year. The company is forecast to post earnings per share of CN¥2.22 for next year compared to CN¥1.41 last year.
Reported Earnings • Feb 28Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥1.41 (up from CN¥1.00 in FY 2021). Revenue: CN¥551.9m (up 16% from FY 2021). Net income: CN¥127.1m (up 88% from FY 2021). Profit margin: 23% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 1.3%. Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China.
Price Target Changed • Jan 10Price target decreased to CN¥134Down from CN¥146, the current price target is an average from 4 analysts. New target price is 31% above last closing price of CN¥103. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥1.43 for next year compared to CN¥1.00 last year.
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥94.00, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 51% over the past year.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.42 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.42 (up from CN¥0.35 in 3Q 2021). Revenue: CN¥135.5m (up 8.2% from 3Q 2021). Net income: CN¥37.9m (up 61% from 3Q 2021). Profit margin: 28% (up from 19% in 3Q 2021). Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.
Major Estimate Revision • Sep 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from CN¥697.8m to CN¥679.9m. EPS estimate rose from CN¥1.30 to CN¥1.44. Net income forecast to grow 58% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥135 to CN¥148. Share price was steady at CN¥133 over the past week.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.56 (vs CN¥0.35 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.56 (up from CN¥0.35 in 2Q 2021). Revenue: CN¥153.1m (up 22% from 2Q 2021). Net income: CN¥49.0m (up 108% from 2Q 2021). Profit margin: 32% (up from 19% in 2Q 2021). Over the next year, revenue is forecast to grow 80%, compared to a 49% growth forecast for the Semiconductor industry in China.
Reported Earnings • Feb 28Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CN¥1.00 (up from CN¥0.54 in FY 2020). Revenue: CN¥475.8m (up 32% from FY 2020). Net income: CN¥67.8m (up 94% from FY 2020). Profit margin: 14% (up from 9.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Over the next year, revenue is forecast to grow 56%, compared to a 55% growth forecast for the industry in China.