View ValuationASR Microelectronics 将来の成長Future 基準チェック /56ASR Microelectronics利益と収益がそれぞれ年間106.8%と28.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に7.7% 107.1%なると予測されています。主要情報106.8%収益成長率107.07%EPS成長率Semiconductor 収益成長47.2%収益成長率28.2%将来の株主資本利益率7.74%アナリストカバレッジLow最終更新日13 Apr 2026今後の成長に関する最新情報Price Target Changed • Apr 07Price target decreased by 10% to CN¥117Down from CN¥130, the current price target is provided by 1 analyst. New target price is 73% above last closing price of CN¥67.40. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.03 next year compared to a net loss per share of CN¥0.97 last year.Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.30b to CN¥3.91b. Losses expected to increase from CN¥0.88 per share to CN¥0.97. Semiconductor industry in China expected to see average net income growth of 62% next year. Consensus price target down from CN¥137 to CN¥130. Share price fell 5.6% to CN¥80.69 over the past week.Breakeven Date Change • Oct 31The 4 analysts covering ASR Microelectronics previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 91% per year to 2026. The company is expected to make a profit of CN¥140.2m in 2027. Average annual earnings growth of 151% is required to achieve expected profit on schedule.Major Estimate Revision • Apr 15Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.702 to -CN¥0.787 per share. Revenue forecast unchanged at CN¥4.48b. Semiconductor industry in China expected to see average net income growth of 56% next year. Consensus price target up from CN¥77.44 to CN¥90.69. Share price rose 19% to CN¥90.49 over the past week.Breakeven Date Change • Apr 09Forecast breakeven date pushed back to 2027The 3 analysts covering ASR Microelectronics previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of CN¥30.1m in 2027. Average annual earnings growth of 67% is required to achieve expected profit on schedule.Price Target Changed • Jan 27Price target increased by 19% to CN¥77.44Up from CN¥65.10, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥69.52. Stock is up 36% over the past year. The company is forecast to post a net loss per share of CN¥1.61 next year compared to a net loss per share of CN¥1.22 last year.すべての更新を表示Recent updatesPrice Target Changed • Apr 07Price target decreased by 10% to CN¥117Down from CN¥130, the current price target is provided by 1 analyst. New target price is 73% above last closing price of CN¥67.40. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.03 next year compared to a net loss per share of CN¥0.97 last year.お知らせ • Mar 31ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 21, 2026ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai Chinaお知らせ • Mar 30ASR Microelectronics Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026ASR Microelectronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥0.97 loss per share (improved from CN¥1.70 loss in FY 2024). Revenue: CN¥3.82b (up 13% from FY 2024). Net loss: CN¥394.0m (loss narrowed 43% from FY 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% 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. This is currently the only risk that has been identified for the company.お知らせ • Dec 26ASR Microelectronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026ASR Microelectronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.30b to CN¥3.91b. Losses expected to increase from CN¥0.88 per share to CN¥0.97. Semiconductor industry in China expected to see average net income growth of 62% next year. Consensus price target down from CN¥137 to CN¥130. Share price fell 5.6% to CN¥80.69 over the past week.Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.36 loss in 3Q 2024)Third quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.36 loss in 3Q 2024). Revenue: CN¥982.3m (up 11% from 3Q 2024). Net loss: CN¥82.0m (loss narrowed 45% from 3Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Breakeven Date Change • Oct 31The 4 analysts covering ASR Microelectronics previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 91% per year to 2026. The company is expected to make a profit of CN¥140.2m in 2027. Average annual earnings growth of 151% is required to achieve expected profit on schedule.お知らせ • Sep 30ASR Microelectronics Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025ASR Microelectronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Sep 11New 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 8.8% 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 • Jun 30ASR Microelectronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025ASR Microelectronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Apr 30ASR Microelectronics Co., Ltd., Annual General Meeting, May 20, 2025ASR Microelectronics Co., Ltd., Annual General Meeting, May 20, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Shanghai ChinaMajor Estimate Revision • Apr 15Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.702 to -CN¥0.787 per share. Revenue forecast unchanged at CN¥4.48b. Semiconductor industry in China expected to see average net income growth of 56% next year. Consensus price target up from CN¥77.44 to CN¥90.69. Share price rose 19% to CN¥90.49 over the past week.Reported Earnings • Apr 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: CN¥1.70 loss per share (further deteriorated from CN¥1.22 loss in FY 2023). Revenue: CN¥3.39b (up 30% from FY 2023). Net loss: CN¥693.0m (loss widened 37% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Breakeven Date Change • Apr 09Forecast breakeven date pushed back to 2027The 3 analysts covering ASR Microelectronics previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of CN¥30.1m in 2027. Average annual earnings growth of 67% is required to achieve expected profit on schedule.お知らせ • Mar 28ASR Microelectronics Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025ASR Microelectronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Reported Earnings • Feb 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: CN¥1.69 loss per share (further deteriorated from CN¥1.22 loss in FY 2023). Revenue: CN¥34t (up CN¥34t from FY 2023). Net loss: CN¥6.87t (loss widened CN¥6.87t from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in China are expected to grow by 24%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Price Target Changed • Jan 27Price target increased by 19% to CN¥77.44Up from CN¥65.10, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥69.52. Stock is up 36% over the past year. The company is forecast to post a net loss per share of CN¥1.61 next year compared to a net loss per share of CN¥1.22 last year.New Risk • Jan 21New 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 11% 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 • Dec 27ASR Microelectronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025ASR Microelectronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.36 loss per share (vs CN¥0.23 loss in 3Q 2023)Third quarter 2024 results: CN¥0.36 loss per share (further deteriorated from CN¥0.23 loss in 3Q 2023). Revenue: CN¥884.5m (up 12% from 3Q 2023). Net loss: CN¥147.8m (loss widened 64% from 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.New Risk • Sep 30New 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. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥18m net loss in 2 years). Share price has been volatile over the past 3 months (7.3% average weekly change).お知らせ • Sep 30ASR Microelectronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024ASR Microelectronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024New Risk • Sep 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥18m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Reported Earnings • Sep 02Second quarter 2024 earnings released: CN¥0.34 loss per share (vs CN¥0.29 loss in 2Q 2023)Second quarter 2024 results: CN¥0.34 loss per share. Revenue: CN¥825.1m (up 27% from 2Q 2023). Net loss: CN¥139.4m (flat on 2Q 2023). Revenue is forecast to grow 28% 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 • Jun 28ASR Microelectronics Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024ASR Microelectronics Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024New Risk • May 16New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥29m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Breakeven Date Change • May 13No longer forecast to breakevenThe 4 analysts covering ASR Microelectronics no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥205.7m in 2026. New consensus forecast suggests the company will make a loss of CN¥226.7m in 2026.New Risk • May 10New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥21m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.31 loss per share (vs CN¥0.55 loss in 1Q 2023)First quarter 2024 results: CN¥0.31 loss per share (improved from CN¥0.55 loss in 1Q 2023). Revenue: CN¥830.1m (up 103% from 1Q 2023). Net loss: CN¥125.3m (loss narrowed 36% from 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.Major Estimate Revision • Apr 05Consensus EPS estimates fall by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.40b to CN¥3.28b. Losses expected to increase from CN¥1.05 per share to CN¥1.30. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target down from CN¥65.10 to CN¥62.70. Share price fell 5.7% to CN¥38.80 over the past week.Breakeven Date Change • Apr 04Forecast to breakeven in 2026The 3 analysts covering ASR Microelectronics expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 65% per year to 2025. The company is expected to make a profit of CN¥205.7m in 2026. Average annual earnings growth of 65% is required to achieve expected profit on schedule.Reported Earnings • Apr 02Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: CN¥1.22 loss per share (further deteriorated from CN¥0.61 loss in FY 2022). Revenue: CN¥2.60b (up 22% from FY 2022). Net loss: CN¥505.8m (loss widened 101% from FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.お知らせ • Mar 30ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 19, 2024ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 19, 2024, at 10:00 China Standard Time. Location: 8F, Building 10, No. 399, Keyuan Road, Free Trade Experimental Zone, Shanghai Chinaお知らせ • Mar 29ASR Microelectronics Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024ASR Microelectronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Reported Earnings • Feb 24Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: CN¥1.23 loss per share (further deteriorated from CN¥0.61 loss in FY 2022). Revenue: CN¥2.60b (up 22% from FY 2022). Net loss: CN¥510.9m (loss widened 103% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.Price Target Changed • Feb 02Price target decreased by 30% to CN¥65.10Down from CN¥92.70, the current price target is provided by 1 analyst. New target price is 48% above last closing price of CN¥44.00. Stock is down 25% over the past year. The company is forecast to post a net loss per share of CN¥1.22 next year compared to a net loss per share of CN¥0.61 last year.Breakeven Date Change • Dec 08No longer forecast to breakevenThe 3 analysts covering ASR Microelectronics no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥269.3m in 2023. New consensus forecast suggests the company will make a loss of CN¥486.3m in 2023.New Risk • Nov 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥492m Forecast net loss in 2 years: CN¥30m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Price Target Changed • Nov 02Price target increased by 7.9% to CN¥68.35Up from CN¥63.35, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥66.21. Stock is down 6.0% over the past year. The company is forecast to post a net loss per share of CN¥1.17 next year compared to a net loss per share of CN¥0.61 last year.Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.29 loss per share (vs CN¥0.13 loss in 2Q 2022)Second quarter 2023 results: CN¥0.29 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2022). Revenue: CN¥648.6m (up 24% from 2Q 2022). Net loss: CN¥140.3m (loss widened 151% from 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China.お知らせ • Jun 28ASR Microelectronics Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023ASR Microelectronics Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023Major Estimate Revision • May 09Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥3.08b to CN¥2.54b. EPS estimate unchanged from -CN¥0.53 per share at last update. Semiconductor industry in China expected to see average net income growth of 68% next year. Consensus price target down from CN¥65.85 to CN¥62.35. Share price was steady at CN¥66.30 over the past week.Reported Earnings • Apr 29Full year 2022 earnings released: CN¥0.61 loss per share (vs CN¥1.57 loss in FY 2021)Full year 2022 results: CN¥0.61 loss per share (improved from CN¥1.57 loss in FY 2021). Revenue: CN¥2.14b (flat on FY 2021). Net loss: CN¥251.5m (loss narrowed 57% from FY 2021). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.Reported Earnings • Mar 02Full year 2022 earnings released: CN¥0.59 loss per share (vs CN¥1.57 loss in FY 2021)Full year 2022 results: CN¥0.59 loss per share (improved from CN¥1.57 loss in FY 2021). Revenue: CN¥2.14b (flat on FY 2021). Net loss: CN¥247.8m (loss narrowed 58% from FY 2021). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China.お知らせ • Feb 15ASR Microelectronics Co., Ltd. (SHSE:688220) announces an Equity Buyback for CNY 1,000 million worth of its shares.ASR Microelectronics Co., Ltd. (SHSE:688220) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its shares. The shares will be purchased at a price not exceeding CNY 88 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan in the future and will be transferred within three years after the implementation of share repurchase results and the announcement of share changes. If the company fails to complete the transfer within the prescribed time limit, it will perform the procedure of reducing the registered capital according to law, and the shares that have not been transferred will be cancelled. The program will be funded from company's over-raised funds. The program will be valid for 12 months.Major Estimate Revision • Feb 03Consensus EPS estimates upgraded to CN¥0.61 loss, revenue downgradedThe consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast fell from CN¥2.28b to CN¥2.14b. 2022 losses expected to reduce from -CN¥0.72 to -CN¥0.61 per share. Semiconductor industry in China expected to see average net income growth of 43% next year. Consensus price target broadly unchanged at CN¥65.85. Share price rose 4.7% to CN¥58.92 over the past week.Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman of the Board & GM Baojia Dai is the most experienced director on the board, commencing their role in 2015. Independent Director Ke Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.30 loss in 3Q 2021)Third quarter 2022 results: CN¥0.24 loss per share (improved from CN¥0.30 loss in 3Q 2021). Revenue: CN¥502.8m (down 9.1% from 3Q 2021). Net loss: CN¥98.0m (loss narrowed 13% from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.Breakeven Date Change • Oct 16Forecast breakeven date pushed back to 2023The analyst covering ASR Microelectronics previously expected the company to break even in 2022. New forecast suggests losses will reduce by 69% to 2022. The company is expected to make a profit of CN¥21.8m in 2023. Average annual earnings growth of 120% is required to achieve expected profit on schedule.Reported Earnings • Apr 27First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: CN¥0.08 loss per share (up from CN¥0.56 loss in 1Q 2021). Revenue: CN¥557.5m (up 49% from 1Q 2021). Net loss: CN¥32.3m (loss narrowed 85% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 74%, compared to a 44% growth forecast for the industry in China.Reported Earnings • Feb 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: CN¥1.52 loss per share (up from CN¥6.96 loss in FY 2020). Revenue: CN¥2.14b (up 98% from FY 2020). Net loss: CN¥573.3m (loss narrowed 75% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Over the next year, revenue is forecast to grow 68%, compared to a 55% growth forecast for the industry in China.Breakeven Date Change • Jan 14Forecast to breakeven in 2022The analyst covering ASR Microelectronics expects the company to break even for the first time. New forecast suggests the company will make a profit of CN¥2.41m in 2022. Average annual earnings growth of 105% is required to achieve expected profit on schedule.業績と収益の成長予測SHSE:688220 - 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12/31/20289,001885N/A535112/31/20277,042318514619212/31/20265,23812-1,107-6313/31/20264,037-296-653-547N/A12/31/20253,817-390-543-432N/A9/30/20253,726-608-408-328N/A6/30/20253,629-674-342-276N/A3/31/20253,466-690-636-358N/A12/31/20243,386-693-658-404N/A9/30/20243,295-492-679-413N/A6/30/20243,198-435-833-557N/A3/31/20243,022-435-796-695N/A12/31/20232,600-506-800-678N/A9/30/20232,401-492-894-778N/A6/30/20232,117-499-877-726N/A3/31/20231,991-415-805-658N/A12/31/20222,140-252-473-354N/A9/30/20222,287-291-269-120N/A6/30/20222,338-306-518-329N/A3/31/20222,270-439-520-325N/A12/31/20212,137-589-863-639N/A9/30/20211,807-695-1,020-804N/A12/31/20201,081-2,327-656-558N/A12/31/2019398-584N/A-542N/A12/31/2018115-537N/A-428N/A12/31/201784-998N/A-312N/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: 688220は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.4% ) よりも高い成長率であると考えられます。収益対市場: 688220今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 688220今後 3 年以内に収益を上げることが予想されます。収益対市場: 688220の収益 ( 28.2% ) CN市場 ( 16.2% ) よりも速いペースで成長すると予測されています。高い収益成長: 688220の収益 ( 28.2% ) 20%よりも速いペースで成長すると予測されています。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: 688220の 自己資本利益率 は、3年後には低くなると予測されています ( 7.7 %)。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2026/05/21 01:58終値2026/05/21 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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ASR Microelectronics Co., Ltd. 2 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。7 アナリスト機関Kai LiuEverbright Securities Co. Ltd.Lynn LuoGoldman SachsJian HuGuosen Securities Co., Ltd.4 その他のアナリストを表示
Price Target Changed • Apr 07Price target decreased by 10% to CN¥117Down from CN¥130, the current price target is provided by 1 analyst. New target price is 73% above last closing price of CN¥67.40. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.03 next year compared to a net loss per share of CN¥0.97 last year.
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.30b to CN¥3.91b. Losses expected to increase from CN¥0.88 per share to CN¥0.97. Semiconductor industry in China expected to see average net income growth of 62% next year. Consensus price target down from CN¥137 to CN¥130. Share price fell 5.6% to CN¥80.69 over the past week.
Breakeven Date Change • Oct 31The 4 analysts covering ASR Microelectronics previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 91% per year to 2026. The company is expected to make a profit of CN¥140.2m in 2027. Average annual earnings growth of 151% is required to achieve expected profit on schedule.
Major Estimate Revision • Apr 15Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.702 to -CN¥0.787 per share. Revenue forecast unchanged at CN¥4.48b. Semiconductor industry in China expected to see average net income growth of 56% next year. Consensus price target up from CN¥77.44 to CN¥90.69. Share price rose 19% to CN¥90.49 over the past week.
Breakeven Date Change • Apr 09Forecast breakeven date pushed back to 2027The 3 analysts covering ASR Microelectronics previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of CN¥30.1m in 2027. Average annual earnings growth of 67% is required to achieve expected profit on schedule.
Price Target Changed • Jan 27Price target increased by 19% to CN¥77.44Up from CN¥65.10, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥69.52. Stock is up 36% over the past year. The company is forecast to post a net loss per share of CN¥1.61 next year compared to a net loss per share of CN¥1.22 last year.
Price Target Changed • Apr 07Price target decreased by 10% to CN¥117Down from CN¥130, the current price target is provided by 1 analyst. New target price is 73% above last closing price of CN¥67.40. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥0.03 next year compared to a net loss per share of CN¥0.97 last year.
お知らせ • Mar 31ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 21, 2026ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China
お知らせ • Mar 30ASR Microelectronics Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026ASR Microelectronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: CN¥0.97 loss per share (improved from CN¥1.70 loss in FY 2024). Revenue: CN¥3.82b (up 13% from FY 2024). Net loss: CN¥394.0m (loss narrowed 43% from FY 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 4.9%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% 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. This is currently the only risk that has been identified for the company.
お知らせ • Dec 26ASR Microelectronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026ASR Microelectronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
Major Estimate Revision • Nov 21Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.30b to CN¥3.91b. Losses expected to increase from CN¥0.88 per share to CN¥0.97. Semiconductor industry in China expected to see average net income growth of 62% next year. Consensus price target down from CN¥137 to CN¥130. Share price fell 5.6% to CN¥80.69 over the past week.
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.21 loss per share (vs CN¥0.36 loss in 3Q 2024)Third quarter 2025 results: CN¥0.21 loss per share (improved from CN¥0.36 loss in 3Q 2024). Revenue: CN¥982.3m (up 11% from 3Q 2024). Net loss: CN¥82.0m (loss narrowed 45% from 3Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Breakeven Date Change • Oct 31The 4 analysts covering ASR Microelectronics previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 91% per year to 2026. The company is expected to make a profit of CN¥140.2m in 2027. Average annual earnings growth of 151% is required to achieve expected profit on schedule.
お知らせ • Sep 30ASR Microelectronics Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025ASR Microelectronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Sep 11New 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 8.8% 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 • Jun 30ASR Microelectronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025ASR Microelectronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Apr 30ASR Microelectronics Co., Ltd., Annual General Meeting, May 20, 2025ASR Microelectronics Co., Ltd., Annual General Meeting, May 20, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China
Major Estimate Revision • Apr 15Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -CN¥0.702 to -CN¥0.787 per share. Revenue forecast unchanged at CN¥4.48b. Semiconductor industry in China expected to see average net income growth of 56% next year. Consensus price target up from CN¥77.44 to CN¥90.69. Share price rose 19% to CN¥90.49 over the past week.
Reported Earnings • Apr 12Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: CN¥1.70 loss per share (further deteriorated from CN¥1.22 loss in FY 2023). Revenue: CN¥3.39b (up 30% from FY 2023). Net loss: CN¥693.0m (loss widened 37% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.6%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Breakeven Date Change • Apr 09Forecast breakeven date pushed back to 2027The 3 analysts covering ASR Microelectronics previously expected the company to break even in 2026. New consensus forecast suggests the company will make a profit of CN¥30.1m in 2027. Average annual earnings growth of 67% is required to achieve expected profit on schedule.
お知らせ • Mar 28ASR Microelectronics Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025ASR Microelectronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Reported Earnings • Feb 26Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: CN¥1.69 loss per share (further deteriorated from CN¥1.22 loss in FY 2023). Revenue: CN¥34t (up CN¥34t from FY 2023). Net loss: CN¥6.87t (loss widened CN¥6.87t from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in China are expected to grow by 24%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Price Target Changed • Jan 27Price target increased by 19% to CN¥77.44Up from CN¥65.10, the current price target is an average from 2 analysts. New target price is 11% above last closing price of CN¥69.52. Stock is up 36% over the past year. The company is forecast to post a net loss per share of CN¥1.61 next year compared to a net loss per share of CN¥1.22 last year.
New Risk • Jan 21New 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 11% 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 • Dec 27ASR Microelectronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025ASR Microelectronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: CN¥0.36 loss per share (vs CN¥0.23 loss in 3Q 2023)Third quarter 2024 results: CN¥0.36 loss per share (further deteriorated from CN¥0.23 loss in 3Q 2023). Revenue: CN¥884.5m (up 12% from 3Q 2023). Net loss: CN¥147.8m (loss widened 64% from 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.
New Risk • Sep 30New 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. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥18m net loss in 2 years). Share price has been volatile over the past 3 months (7.3% average weekly change).
お知らせ • Sep 30ASR Microelectronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024ASR Microelectronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
New Risk • Sep 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥18m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Reported Earnings • Sep 02Second quarter 2024 earnings released: CN¥0.34 loss per share (vs CN¥0.29 loss in 2Q 2023)Second quarter 2024 results: CN¥0.34 loss per share. Revenue: CN¥825.1m (up 27% from 2Q 2023). Net loss: CN¥139.4m (flat on 2Q 2023). Revenue is forecast to grow 28% 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 • Jun 28ASR Microelectronics Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024ASR Microelectronics Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
New Risk • May 16New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥29m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Breakeven Date Change • May 13No longer forecast to breakevenThe 4 analysts covering ASR Microelectronics no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥205.7m in 2026. New consensus forecast suggests the company will make a loss of CN¥226.7m in 2026.
New Risk • May 10New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥21m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.31 loss per share (vs CN¥0.55 loss in 1Q 2023)First quarter 2024 results: CN¥0.31 loss per share (improved from CN¥0.55 loss in 1Q 2023). Revenue: CN¥830.1m (up 103% from 1Q 2023). Net loss: CN¥125.3m (loss narrowed 36% from 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.
Major Estimate Revision • Apr 05Consensus EPS estimates fall by 24%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.40b to CN¥3.28b. Losses expected to increase from CN¥1.05 per share to CN¥1.30. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target down from CN¥65.10 to CN¥62.70. Share price fell 5.7% to CN¥38.80 over the past week.
Breakeven Date Change • Apr 04Forecast to breakeven in 2026The 3 analysts covering ASR Microelectronics expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 65% per year to 2025. The company is expected to make a profit of CN¥205.7m in 2026. Average annual earnings growth of 65% is required to achieve expected profit on schedule.
Reported Earnings • Apr 02Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: CN¥1.22 loss per share (further deteriorated from CN¥0.61 loss in FY 2022). Revenue: CN¥2.60b (up 22% from FY 2022). Net loss: CN¥505.8m (loss widened 101% from FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.
お知らせ • Mar 30ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 19, 2024ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 19, 2024, at 10:00 China Standard Time. Location: 8F, Building 10, No. 399, Keyuan Road, Free Trade Experimental Zone, Shanghai China
お知らせ • Mar 29ASR Microelectronics Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024ASR Microelectronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Reported Earnings • Feb 24Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: CN¥1.23 loss per share (further deteriorated from CN¥0.61 loss in FY 2022). Revenue: CN¥2.60b (up 22% from FY 2022). Net loss: CN¥510.9m (loss widened 103% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Price Target Changed • Feb 02Price target decreased by 30% to CN¥65.10Down from CN¥92.70, the current price target is provided by 1 analyst. New target price is 48% above last closing price of CN¥44.00. Stock is down 25% over the past year. The company is forecast to post a net loss per share of CN¥1.22 next year compared to a net loss per share of CN¥0.61 last year.
Breakeven Date Change • Dec 08No longer forecast to breakevenThe 3 analysts covering ASR Microelectronics no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥269.3m in 2023. New consensus forecast suggests the company will make a loss of CN¥486.3m in 2023.
New Risk • Nov 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥492m Forecast net loss in 2 years: CN¥30m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Price Target Changed • Nov 02Price target increased by 7.9% to CN¥68.35Up from CN¥63.35, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥66.21. Stock is down 6.0% over the past year. The company is forecast to post a net loss per share of CN¥1.17 next year compared to a net loss per share of CN¥0.61 last year.
Reported Earnings • Aug 31Second quarter 2023 earnings released: CN¥0.29 loss per share (vs CN¥0.13 loss in 2Q 2022)Second quarter 2023 results: CN¥0.29 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2022). Revenue: CN¥648.6m (up 24% from 2Q 2022). Net loss: CN¥140.3m (loss widened 151% from 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China.
お知らせ • Jun 28ASR Microelectronics Co., Ltd. to Report First Half, 2023 Results on Aug 30, 2023ASR Microelectronics Co., Ltd. announced that they will report first half, 2023 results on Aug 30, 2023
Major Estimate Revision • May 09Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥3.08b to CN¥2.54b. EPS estimate unchanged from -CN¥0.53 per share at last update. Semiconductor industry in China expected to see average net income growth of 68% next year. Consensus price target down from CN¥65.85 to CN¥62.35. Share price was steady at CN¥66.30 over the past week.
Reported Earnings • Apr 29Full year 2022 earnings released: CN¥0.61 loss per share (vs CN¥1.57 loss in FY 2021)Full year 2022 results: CN¥0.61 loss per share (improved from CN¥1.57 loss in FY 2021). Revenue: CN¥2.14b (flat on FY 2021). Net loss: CN¥251.5m (loss narrowed 57% from FY 2021). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.
Reported Earnings • Mar 02Full year 2022 earnings released: CN¥0.59 loss per share (vs CN¥1.57 loss in FY 2021)Full year 2022 results: CN¥0.59 loss per share (improved from CN¥1.57 loss in FY 2021). Revenue: CN¥2.14b (flat on FY 2021). Net loss: CN¥247.8m (loss narrowed 58% from FY 2021). Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China.
お知らせ • Feb 15ASR Microelectronics Co., Ltd. (SHSE:688220) announces an Equity Buyback for CNY 1,000 million worth of its shares.ASR Microelectronics Co., Ltd. (SHSE:688220) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its shares. The shares will be purchased at a price not exceeding CNY 88 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan in the future and will be transferred within three years after the implementation of share repurchase results and the announcement of share changes. If the company fails to complete the transfer within the prescribed time limit, it will perform the procedure of reducing the registered capital according to law, and the shares that have not been transferred will be cancelled. The program will be funded from company's over-raised funds. The program will be valid for 12 months.
Major Estimate Revision • Feb 03Consensus EPS estimates upgraded to CN¥0.61 loss, revenue downgradedThe consensus outlook for fiscal year 2022 has been updated. 2022 revenue forecast fell from CN¥2.28b to CN¥2.14b. 2022 losses expected to reduce from -CN¥0.72 to -CN¥0.61 per share. Semiconductor industry in China expected to see average net income growth of 43% next year. Consensus price target broadly unchanged at CN¥65.85. Share price rose 4.7% to CN¥58.92 over the past week.
Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman of the Board & GM Baojia Dai is the most experienced director on the board, commencing their role in 2015. Independent Director Ke Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.24 loss per share (vs CN¥0.30 loss in 3Q 2021)Third quarter 2022 results: CN¥0.24 loss per share (improved from CN¥0.30 loss in 3Q 2021). Revenue: CN¥502.8m (down 9.1% from 3Q 2021). Net loss: CN¥98.0m (loss narrowed 13% from 3Q 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.
Breakeven Date Change • Oct 16Forecast breakeven date pushed back to 2023The analyst covering ASR Microelectronics previously expected the company to break even in 2022. New forecast suggests losses will reduce by 69% to 2022. The company is expected to make a profit of CN¥21.8m in 2023. Average annual earnings growth of 120% is required to achieve expected profit on schedule.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: CN¥0.08 loss per share (up from CN¥0.56 loss in 1Q 2021). Revenue: CN¥557.5m (up 49% from 1Q 2021). Net loss: CN¥32.3m (loss narrowed 85% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 74%, compared to a 44% growth forecast for the industry in China.
Reported Earnings • Feb 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: CN¥1.52 loss per share (up from CN¥6.96 loss in FY 2020). Revenue: CN¥2.14b (up 98% from FY 2020). Net loss: CN¥573.3m (loss narrowed 75% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Over the next year, revenue is forecast to grow 68%, compared to a 55% growth forecast for the industry in China.
Breakeven Date Change • Jan 14Forecast to breakeven in 2022The analyst covering ASR Microelectronics expects the company to break even for the first time. New forecast suggests the company will make a profit of CN¥2.41m in 2022. Average annual earnings growth of 105% is required to achieve expected profit on schedule.