Chengdu Sino-Microelectronics Tech（688709）株式概要成都中微電子科技有限公司は、子会社とともに中国における特殊集積回路製品の研究開発、設計、試験、販売を行っている。Ltd.は、その子会社とともに、中国で特殊集積回路製品の研究開発、設計、試験、販売を行っています。 詳細688709 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金0/6リスク分析過去5年間で収益は年間22.2%減少しました。 高いレベルの非現金収入 利益率(9.1%)は昨年より低い(13.8%) すべてのリスクチェックを見る688709 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥39.6846.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-8k871m2016201920222025202620282031Revenue CN¥707.6mEarnings CN¥64.6mAdvancedSet Fair ValueView all narrativesChengdu Sino-Microelectronics Tech. Co., Ltd. 競合他社Hainan Drinda New Energy TechnologySymbol: SZSE:002865Market cap: CN¥25.4bXiamen ChangelightSymbol: SZSE:300102Market cap: CN¥24.4bFortior Technology (Shenzhen)Symbol: SHSE:688279Market cap: CN¥26.6bGiantec SemiconductorSymbol: SHSE:688123Market cap: CN¥24.8b価格と性能株価の高値、安値、推移の概要Chengdu Sino-Microelectronics Tech過去の株価現在の株価CN¥39.6852週高値CN¥59.3952週安値CN¥30.50ベータ0.00951ヶ月の変化-9.96%3ヶ月変化-14.78%1年変化27.96%3年間の変化n/a5年間の変化n/aIPOからの変化101.52%最新ニュースReported Earnings • May 05First quarter 2026 earnings released: CN¥0.11 loss per share (vs CN¥0.03 profit in 1Q 2025)First quarter 2026 results: CN¥0.11 loss per share (down from CN¥0.03 profit in 1Q 2025). Revenue: CN¥103.3m (down 34% from 1Q 2025). Net loss: CN¥67.1m (down 407% from profit in 1Q 2025).お知らせ • Apr 30Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan Chinaお知らせ • Mar 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 02Full year 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.20 in FY 2024)Full year 2025 results: EPS: CN¥0.37 (up from CN¥0.20 in FY 2024). Revenue: CN¥852.9m (up 41% from FY 2024). Net income: CN¥235.3m (up 93% from FY 2024). Profit margin: 28% (up from 20% in FY 2024). The increase in margin was driven by higher revenue.New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 2.7% 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 Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin).お知らせ • Dec 26Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026最新情報をもっと見るRecent updatesReported Earnings • May 05First quarter 2026 earnings released: CN¥0.11 loss per share (vs CN¥0.03 profit in 1Q 2025)First quarter 2026 results: CN¥0.11 loss per share (down from CN¥0.03 profit in 1Q 2025). Revenue: CN¥103.3m (down 34% from 1Q 2025). Net loss: CN¥67.1m (down 407% from profit in 1Q 2025).お知らせ • Apr 30Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan Chinaお知らせ • Mar 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 02Full year 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.20 in FY 2024)Full year 2025 results: EPS: CN¥0.37 (up from CN¥0.20 in FY 2024). Revenue: CN¥852.9m (up 41% from FY 2024). Net income: CN¥235.3m (up 93% from FY 2024). Profit margin: 28% (up from 20% in FY 2024). The increase in margin was driven by higher revenue.New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 2.7% 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 Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin).お知らせ • Dec 26Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026New Risk • Oct 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (14% net profit margin).Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.039 (vs CN¥0.022 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.039 (up from CN¥0.022 in 3Q 2024). Revenue: CN¥162.7m (up 14% from 3Q 2024). Net income: CN¥26.9m (up 83% from 3Q 2024). Profit margin: 17% (up from 10% in 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China.お知らせ • Sep 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 22New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin).お知らせ • Jun 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Reported Earnings • May 05First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.10 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.03. Revenue: CN¥1.56t (up CN¥1.56t from 1Q 2024). Net income: CN¥218.8b (up CN¥218.8b from 1Q 2024). Profit margin: 14% (down from 42% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 158% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in China are expected to grow by 24%.お知らせ • Apr 30Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 30, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 30, 2025, at 13:00 China Standard Time. Location: 22F, Building G1, Area G, No. 1800, Yizhou Avenue Middle Section, Hi-tech Zone, Chengdu, Sichuan Chinaお知らせ • Mar 28Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Reported Earnings • Mar 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.20 (down from CN¥0.57 in FY 2023). Revenue: CN¥603.9m (down 35% from FY 2023). Net income: CN¥121.4m (down 61% from FY 2023). Profit margin: 20% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 43%. Earnings per share (EPS) also missed analyst estimates by 62%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.分析記事 • Feb 27After Leaping 37% Chengdu Sino-Microelectronics Tech. Co., Ltd. (SHSE:688709) Shares Are Not Flying Under The RadarDespite an already strong run, Chengdu Sino-Microelectronics Tech. Co., Ltd. ( SHSE:688709 ) shares have been powering...分析記事 • Jan 09Chengdu Sino-Microelectronics Tech (SHSE:688709) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...お知らせ • Dec 27Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025New Risk • Dec 06New 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 14% 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 (14% average weekly change). High level of non-cash earnings (21% accrual ratio).分析記事 • Dec 04Investors Appear Satisfied With Chengdu Sino-Microelectronics Tech. Co., Ltd.'s (SHSE:688709) Prospects As Shares Rocket 29%Despite an already strong run, Chengdu Sino-Microelectronics Tech. Co., Ltd. ( SHSE:688709 ) shares have been powering...Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥24.41, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 38x in the Semiconductor industry in China.分析記事 • Nov 06Chengdu Sino-Microelectronics Tech's (SHSE:688709) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Chengdu Sino-Microelectronics Tech. Co., Ltd.'s ( SHSE:688709 ) recent...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.022 (vs CN¥0.09 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.022 (down from CN¥0.09 in 3Q 2023). Revenue: CN¥143.1m (down 18% from 3Q 2023). Net income: CN¥14.7m (down 70% from 3Q 2023). Profit margin: 10% (down from 28% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. 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.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥18.51, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 32x in the Semiconductor industry in China.お知らせ • Sep 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥16.48, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 27x in the Semiconductor industry in China.New Risk • Sep 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.New Risk • Aug 31New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.09 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.023 (down from CN¥0.09 in 2Q 2023). Revenue: CN¥140.5m (down 19% from 2Q 2023). Net income: CN¥14.7m (down 70% from 2Q 2023). Profit margin: 10% (down from 28% in 2Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.分析記事 • Aug 21Chengdu Sino-Microelectronics Tech (SHSE:688709) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...お知らせ • Jun 28Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024分析記事 • May 07Solid Earnings May Not Tell The Whole Story For Chengdu Sino-Microelectronics Tech (SHSE:688709)Chengdu Sino-Microelectronics Tech. Co., Ltd.'s ( SHSE:688709 ) healthy profit numbers didn't contain any surprises for...Reported Earnings • Apr 18Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: CN¥0.57 (up from CN¥0.52 in FY 2022). Revenue: CN¥926.1m (up 9.6% from FY 2022). Net income: CN¥311.1m (up 11% from FY 2022). Profit margin: 34% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 17% 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 • Apr 16Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 10, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 10, 2024, at 10:00 China Standard Time. Location: No. 198, Century City Road, Hi-tech Zone, Chengdu, Sichuan Chinaお知らせ • Mar 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥25.69, the stock trades at a trailing P/E ratio of 55.5x. Average trailing P/E is 52x in the Semiconductor industry in China.Board Change • Feb 07Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman Xiao Shan Huang is the most experienced director on the board, commencing their role in 2013. Independent Director Yue Dong Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.株主還元688709CN SemiconductorCN 市場7D0.08%4.9%-0.04%1Y28.0%110.7%34.9%株主還元を見る業界別リターン: 688709過去 1 年間で110.7 % の収益を上げたCN Semiconductor業界を下回りました。リターン対市場: 688709は、過去 1 年間で34.9 % のリターンを上げたCN市場を下回りました。価格変動Is 688709's price volatile compared to industry and market?688709 volatility688709 Average Weekly Movement7.5%Semiconductor Industry Average Movement8.2%Market Average Movement6.4%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%安定した株価: 688709 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 688709の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2000978Ce Wangn/a成都中微電子科技有限公司は、子会社とともに中国における特殊集積回路製品の研究開発、設計、試験、販売を行っている。成都中微電子科技有限公司は、その子会社とともに、中国で特殊集積回路製品の研究開発、設計、試験、販売を行っている。同社はCPLD/FPGAプログラマブル・ロジック・デバイス、メモリー・チップ、マイクロコントローラーで構成されるデジタル集積回路製品と、データ変換ADC/DAC、バス・インターフェース、パワー・マネージメント、アンプ製品で構成されるアナログ集積回路製品を提供している。同社の製品は、エレクトロニクス、通信、制御、計測、その他特殊産業で使用されている。同社は2000年に設立され、中国の成都を拠点としている。もっと見るChengdu Sino-Microelectronics Tech. Co., Ltd. 基礎のまとめChengdu Sino-Microelectronics Tech の収益と売上を時価総額と比較するとどうか。688709 基礎統計学時価総額CN¥25.27b収益（TTM）CN¥64.62m売上高(TTM)CN¥707.63m391.0xPER（株価収益率35.7xP/Sレシオ688709 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計688709 損益計算書（TTM）収益CN¥707.63m売上原価CN¥221.34m売上総利益CN¥486.29mその他の費用CN¥421.67m収益CN¥64.62m直近の収益報告Mar 31, 2026次回決算日May 25, 2026一株当たり利益（EPS）0.10グロス・マージン68.72%純利益率9.13%有利子負債／自己資本比率24.7%688709 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.05%現在の配当利回り13%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 18:42終値2026/05/22 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Chengdu Sino-Microelectronics Tech. Co., Ltd. 0 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。1 アナリスト機関Yuchen LiuEverbright Securities Co. Ltd.
Reported Earnings • May 05First quarter 2026 earnings released: CN¥0.11 loss per share (vs CN¥0.03 profit in 1Q 2025)First quarter 2026 results: CN¥0.11 loss per share (down from CN¥0.03 profit in 1Q 2025). Revenue: CN¥103.3m (down 34% from 1Q 2025). Net loss: CN¥67.1m (down 407% from profit in 1Q 2025).
お知らせ • Apr 30Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China
お知らせ • Mar 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.20 in FY 2024)Full year 2025 results: EPS: CN¥0.37 (up from CN¥0.20 in FY 2024). Revenue: CN¥852.9m (up 41% from FY 2024). Net income: CN¥235.3m (up 93% from FY 2024). Profit margin: 28% (up from 20% in FY 2024). The increase in margin was driven by higher revenue.
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 2.7% 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 Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin).
お知らせ • Dec 26Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026
Reported Earnings • May 05First quarter 2026 earnings released: CN¥0.11 loss per share (vs CN¥0.03 profit in 1Q 2025)First quarter 2026 results: CN¥0.11 loss per share (down from CN¥0.03 profit in 1Q 2025). Revenue: CN¥103.3m (down 34% from 1Q 2025). Net loss: CN¥67.1m (down 407% from profit in 1Q 2025).
お知らせ • Apr 30Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Chengdu, Sichuan China
お知らせ • Mar 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.20 in FY 2024)Full year 2025 results: EPS: CN¥0.37 (up from CN¥0.20 in FY 2024). Revenue: CN¥852.9m (up 41% from FY 2024). Net income: CN¥235.3m (up 93% from FY 2024). Profit margin: 28% (up from 20% in FY 2024). The increase in margin was driven by higher revenue.
New Risk • Feb 14New major risk - Revenue and earnings growthEarnings have declined by 2.7% 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 Earnings have declined by 2.7% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin).
お知らせ • Dec 26Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Fiscal Year 2025 Results on Apr 21, 2026Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report fiscal year 2025 results on Apr 21, 2026
New Risk • Oct 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (27% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (14% net profit margin).
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.039 (vs CN¥0.022 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.039 (up from CN¥0.022 in 3Q 2024). Revenue: CN¥162.7m (up 14% from 3Q 2024). Net income: CN¥26.9m (up 83% from 3Q 2024). Profit margin: 17% (up from 10% in 3Q 2024). Revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China.
お知らせ • Sep 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 22New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin).
お知らせ • Jun 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Reported Earnings • May 05First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.10 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.03. Revenue: CN¥1.56t (up CN¥1.56t from 1Q 2024). Net income: CN¥218.8b (up CN¥218.8b from 1Q 2024). Profit margin: 14% (down from 42% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 158% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in China are expected to grow by 24%.
お知らせ • Apr 30Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 30, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 30, 2025, at 13:00 China Standard Time. Location: 22F, Building G1, Area G, No. 1800, Yizhou Avenue Middle Section, Hi-tech Zone, Chengdu, Sichuan China
お知らせ • Mar 28Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Reported Earnings • Mar 03Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.20 (down from CN¥0.57 in FY 2023). Revenue: CN¥603.9m (down 35% from FY 2023). Net income: CN¥121.4m (down 61% from FY 2023). Profit margin: 20% (down from 34% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 43%. Earnings per share (EPS) also missed analyst estimates by 62%. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.
分析記事 • Feb 27After Leaping 37% Chengdu Sino-Microelectronics Tech. Co., Ltd. (SHSE:688709) Shares Are Not Flying Under The RadarDespite an already strong run, Chengdu Sino-Microelectronics Tech. Co., Ltd. ( SHSE:688709 ) shares have been powering...
分析記事 • Jan 09Chengdu Sino-Microelectronics Tech (SHSE:688709) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
お知らせ • Dec 27Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
New Risk • Dec 06New 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 14% 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 (14% average weekly change). High level of non-cash earnings (21% accrual ratio).
分析記事 • Dec 04Investors Appear Satisfied With Chengdu Sino-Microelectronics Tech. Co., Ltd.'s (SHSE:688709) Prospects As Shares Rocket 29%Despite an already strong run, Chengdu Sino-Microelectronics Tech. Co., Ltd. ( SHSE:688709 ) shares have been powering...
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥24.41, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 38x in the Semiconductor industry in China.
分析記事 • Nov 06Chengdu Sino-Microelectronics Tech's (SHSE:688709) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Chengdu Sino-Microelectronics Tech. Co., Ltd.'s ( SHSE:688709 ) recent...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.022 (vs CN¥0.09 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.022 (down from CN¥0.09 in 3Q 2023). Revenue: CN¥143.1m (down 18% from 3Q 2023). Net income: CN¥14.7m (down 70% from 3Q 2023). Profit margin: 10% (down from 28% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. 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.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥18.51, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 32x in the Semiconductor industry in China.
お知らせ • Sep 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥16.48, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 27x in the Semiconductor industry in China.
New Risk • Sep 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
New Risk • Aug 31New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.09 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.023 (down from CN¥0.09 in 2Q 2023). Revenue: CN¥140.5m (down 19% from 2Q 2023). Net income: CN¥14.7m (down 70% from 2Q 2023). Profit margin: 10% (down from 28% in 2Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
分析記事 • Aug 21Chengdu Sino-Microelectronics Tech (SHSE:688709) Has A Pretty Healthy Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
お知らせ • Jun 28Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
分析記事 • May 07Solid Earnings May Not Tell The Whole Story For Chengdu Sino-Microelectronics Tech (SHSE:688709)Chengdu Sino-Microelectronics Tech. Co., Ltd.'s ( SHSE:688709 ) healthy profit numbers didn't contain any surprises for...
Reported Earnings • Apr 18Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: CN¥0.57 (up from CN¥0.52 in FY 2022). Revenue: CN¥926.1m (up 9.6% from FY 2022). Net income: CN¥311.1m (up 11% from FY 2022). Profit margin: 34% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 17% 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 • Apr 16Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 10, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd., Annual General Meeting, May 10, 2024, at 10:00 China Standard Time. Location: No. 198, Century City Road, Hi-tech Zone, Chengdu, Sichuan China
お知らせ • Mar 30Chengdu Sino-Microelectronics Tech. Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Chengdu Sino-Microelectronics Tech. Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥25.69, the stock trades at a trailing P/E ratio of 55.5x. Average trailing P/E is 52x in the Semiconductor industry in China.
Board Change • Feb 07Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Chairman Xiao Shan Huang is the most experienced director on the board, commencing their role in 2013. Independent Director Yue Dong Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
