View Future GrowthMacmic Science&TechnologyLtd 過去の業績過去 基準チェック /16Macmic Science&TechnologyLtdの収益は年間平均-35.7%の割合で減少していますが、 Semiconductor業界の収益は年間 増加しています。収益は年間2.8% 0.7%割合で 増加しています。 Macmic Science&TechnologyLtdの自己資本利益率は1.2%であり、純利益率は1.2%です。主要情報-35.65%収益成長率-38.22%EPS成長率Semiconductor 業界の成長27.30%収益成長率0.72%株主資本利益率1.21%ネット・マージン1.25%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 01Full year 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.08 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.2% from FY 2024). Net income: CN¥17.1m (up CN¥31.6m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.お知らせ • Mar 30Macmic Science&Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 05Full year 2025 earnings released: EPS: CN¥0.082 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.082 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.1% from FY 2024). Net income: CN¥17.4m (up CN¥31.9m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Dec 26Macmic Science&Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.011 (up from CN¥0.007 in 3Q 2024). Revenue: CN¥302.9m (down 12% from 3Q 2024). Net income: CN¥2.39m (up 56% from 3Q 2024). Profit margin: 0.8% (up from 0.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Macmic Science&Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Macmic Science&Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025すべての更新を表示Recent updatesBuy Or Sell Opportunity • May 21Now 27% undervaluedThe stock has been flat over the last 90 days, currently trading at CN¥32.57. The fair value is estimated to be CN¥44.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.New Risk • May 19New 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 8.3% 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: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.Reported Earnings • May 01Full year 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.08 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.2% from FY 2024). Net income: CN¥17.1m (up CN¥31.6m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.お知らせ • Apr 30Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 20, 2026Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu Chinaお知らせ • Mar 30Macmic Science&Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 05Full year 2025 earnings released: EPS: CN¥0.082 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.082 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.1% from FY 2024). Net income: CN¥17.4m (up CN¥31.9m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Dec 26Macmic Science&Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.011 (up from CN¥0.007 in 3Q 2024). Revenue: CN¥302.9m (down 12% from 3Q 2024). Net income: CN¥2.39m (up 56% from 3Q 2024). Profit margin: 0.8% (up from 0.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Macmic Science&Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Macmic Science&Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change).お知らせ • Jun 30Macmic Science&Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Macmic Science&Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 11% 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 Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years.Reported Earnings • Apr 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.068 loss per share (down from CN¥0.55 profit in FY 2023). Revenue: CN¥1.33b (down 12% from FY 2023). Net loss: CN¥14.5m (down 113% from profit in FY 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 21% per year.お知らせ • Apr 15Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 09, 2025Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu ChinaNew Risk • Apr 07New 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: Major Risk Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).お知らせ • Mar 28Macmic Science&Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.066 loss per share (down from CN¥0.55 profit in FY 2023). Revenue: CN¥1.33b (down 12% from FY 2023). Net loss: CN¥14.1m (down 112% from profit in FY 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 27% per year.お知らせ • Dec 27Macmic Science&Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Macmic Science&Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025お知らせ • Dec 06Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces an Equity Buyback for CNY 50 million worth of its shares.Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at no more than CNY 30.12 per share. The purpose of the program is to use the repurchased shares for equity incentives or employee stock ownership plans or for converting corporate bonds issued by listed companies that can be converted into shares. If the company fails to use the shares for said purposes within 3 years of completion of the program, the unused or not transferred shares will be cancelled. The program will be funded from company's own funds. The plan will be valid for 12 months.分析記事 • Nov 11Macmic Science&Technology Co.,Ltd.'s (SHSE:688711) Shares Leap 28% Yet They're Still Not Telling The Full StoryDespite an already strong run, Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ) shares have been powering on, with a...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥343.1m (down 7.5% from 3Q 2023). Net income: CN¥1.53m (down 93% from 3Q 2023). Profit margin: 0.4% (down from 6.2% in 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.分析記事 • Oct 16Macmic Science&TechnologyLtd (SHSE:688711) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...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¥17.40, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 73% over the past three years.お知らせ • Sep 30Macmic Science&Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024Macmic Science&Technology 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 24%After last week's 24% share price gain to CN¥14.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Semiconductor industry in China. Total loss to shareholders of 70% over the past three years.分析記事 • Sep 26Why We're Not Concerned About Macmic Science&Technology Co.,Ltd.'s (SHSE:688711) Share PriceWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 27x, you may consider Macmic...New Risk • Sep 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).分析記事 • Aug 29We Think That There Are More Issues For Macmic Science&TechnologyLtd (SHSE:688711) Than Just Sluggish EarningsA lackluster earnings announcement from Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ) last week didn't sink the...Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.15 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.023 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥390.2m (down 9.9% from 2Q 2023). Net income: CN¥4.23m (down 87% from 2Q 2023). Profit margin: 1.1% (down from 7.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.New Risk • Jul 23New 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (5.9% net profit margin).分析記事 • Jul 22Is It Too Late To Consider Buying Macmic Science&Technology Co.,Ltd. (SHSE:688711)?Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ), might not be a large cap stock, but it saw a double-digit share...お知らせ • Jun 28Macmic Science&Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024Macmic Science&Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024分析記事 • Jun 13Is Macmic Science&TechnologyLtd (SHSE:688711) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥24.77, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 60% over the past year.Reported Earnings • Apr 27First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.20 profit in 1Q 2023)First quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.20 profit in 1Q 2023). Revenue: CN¥246.4m (down 26% from 1Q 2023). Net loss: CN¥1.72m (down 106% from profit in 1Q 2023). Revenue is forecast to grow 44% 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 27Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 24, 2024Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China分析記事 • Apr 21Macmic Science&Technology Co.,Ltd. (SHSE:688711) Stocks Pounded By 25% But Not Lagging Market On Growth Or PricingTo the annoyance of some shareholders, Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ) shares are down a...Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥24.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 69% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.47 per share.Buy Or Sell Opportunity • Apr 16Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to CN¥24.25. The fair value is estimated to be CN¥31.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 115% in 2 years. Earnings are forecast to grow by 204% in the next 2 years.分析記事 • Apr 12At CN¥26.69, Is Macmic Science&Technology Co.,Ltd. (SHSE:688711) Worth Looking At Closely?Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ), might not be a large cap stock, but it saw a double-digit share...お知らせ • Mar 30Macmic Science&Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥28.11, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 62% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.05 per share.分析記事 • Mar 04Macmic Science&Technology Co.,Ltd.'s (SHSE:688711) 25% Jump Shows Its Popularity With InvestorsMacmic Science&Technology Co.,Ltd. ( SHSE:688711 ) shareholders are no doubt pleased to see that the share price has...お知らせ • Mar 01Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces an Equity Buyback for CNY 50 million worth of its shares.Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at no more than CNY 46.99 per share. The purpose of the program is to use the repurchased shares for equity incentives or employee stock ownership plans or for converting corporate bonds issued by listed companies that can be converted into . If the company fails to use the shares for said purposes within 3 years of completion of the program, the unused or not transferred shares will be cancelled. The program will be funded from company's own funds. The plan will be valid for 6 months.Reported Earnings • Feb 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.76 (up from CN¥0.52 in FY 2022). Revenue: CN¥1.51b (up 63% from FY 2022). Net income: CN¥114.8m (up 46% from FY 2022). Profit margin: 7.6% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥28.73, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 66% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥40.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 34x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥53.20 per share.Buying Opportunity • Dec 01Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥54.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 107% in 2 years. Earnings is forecast to grow by 202% in the next 2 years.New Risk • Nov 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (7.1% net profit margin).New Risk • Oct 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (7.1% net profit margin).Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.19 in 3Q 2022). Revenue: CN¥371.0m (up 32% from 3Q 2022). Net income: CN¥23.0m (down 21% from 3Q 2022). Profit margin: 6.2% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 55%. 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.Price Target Changed • Sep 19Price target decreased by 10% to CN¥76.50Down from CN¥85.46, the current price target is an average from 2 analysts. New target price is 47% above last closing price of CN¥52.08. Stock is down 4.4% over the past year. The company is forecast to post earnings per share of CN¥1.04 for next year compared to CN¥0.52 last year.Major Estimate Revision • Aug 24Consensus EPS estimates increase by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥1.58b to CN¥1.62b. EPS estimate increased from CN¥0.957 to CN¥1.16 per share. Net income forecast to grow 91% next year vs 68% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥85.85. Share price was steady at CN¥52.06 over the past week.Reported Earnings • Aug 18Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥433.3m (up 125% from 2Q 2022). Net income: CN¥31.6m (up 59% from 2Q 2022). Profit margin: 7.3% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.お知らせ • Jun 28Macmic Science&Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023Macmic Science&Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023Major Estimate Revision • May 02Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.76b to CN¥1.53b. EPS estimate fell from CN¥1.18 to CN¥1.10 per share. Net income forecast to grow 76% next year vs 61% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥96.50 to CN¥92.50. Share price was steady at CN¥75.08 over the past week.Reported Earnings • Apr 26First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.086 in 1Q 2022). Revenue: CN¥331.2m (up 137% from 1Q 2022). Net income: CN¥30.9m (up 152% from 1Q 2022). Profit margin: 9.3% (up from 8.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.Major Estimate Revision • Feb 23Consensus revenue estimates increase by 28%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥1.37b to CN¥1.76b. EPS estimate increased from CN¥1.08 to CN¥1.18 per share. Net income forecast to grow 110% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥97.23. Share price fell 5.8% to CN¥80.90 over the past week.Reported Earnings • Feb 18Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥0.56. Revenue: CN¥929.2m (up 69% from FY 2021). Net income: CN¥77.2m (up 12% from FY 2021). Profit margin: 8.3% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 19%. 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.Price Target Changed • Jan 11Price target increased to CN¥97.57Up from CN¥78.35, the current price target is an average from 2 analysts. New target price is 7.5% above last closing price of CN¥90.76. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.60 last year.Reported Earnings • Oct 18Third quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.072 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.21 (up from CN¥0.072 in 3Q 2021). Revenue: CN¥282.0m (up 108% from 3Q 2021). Net income: CN¥29.0m (up 96% from 3Q 2021). Profit margin: 10% (in line with 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.Price Target Changed • Oct 11Price target decreased to CN¥78.35Down from CN¥104, the current price target is an average from 2 analysts. New target price is 51% above last closing price of CN¥51.72. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.67 for next year compared to CN¥0.60 last year.Buying Opportunity • Oct 11Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be CN¥66.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 124% in 2 years. Earnings is forecast to grow by 158% in the next 2 years.Buying Opportunity • Sep 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥74.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 124% in 2 years. Earnings is forecast to grow by 171% in the next 2 years.Reported Earnings • Aug 18Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: CN¥0.15. Net income: CN¥20.0m (up CN¥20.0m from 2Q 2021). Over the next year, revenue is forecast to grow 55%, compared to a 48% growth forecast for the Semiconductor industry in China.収支内訳Macmic Science&TechnologyLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SHSE:688711 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,359179612031 Dec 251,348179811530 Sep 251,335-138411130 Jun 251,375-148311431 Mar 251,382-128711031 Dec 241,331-148811030 Sep 241,3493510811530 Jun 241,3775610311231 Mar 241,4208410511231 Dec 231,5051169510830 Sep 231,4471038310130 Jun 231,358109839231 Mar 231,11797667531 Dec 2292679616430 Sep 2279584545930 Jun 2264969424931 Mar 2258665404431 Dec 2155169373830 Sep 2146555302931 Dec 2033227262331 Dec 1926011272530 Jun 1926616242631 Mar 1926818242531 Dec 182628262230 Sep 1825821232230 Jun 1824521222031 Mar 1822517211931 Dec 1720614211830 Sep 1720114241330 Jun 171961427831 Mar 171941330431 Dec 161921233030 Sep 16174832030 Jun 16155532031 Mar 16143531031 Dec 15131429030 Sep 15131728030 Jun 1513010260質の高い収益: 688711にはCN¥15.3M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: 688711過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 688711の収益は過去 5 年間で年間35.7%減少しました。成長の加速: 688711は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 688711昨年収益を上げたため、昨年の収益成長をSemiconductor業界 ( 5.3% ) と比較することは困難です。株主資本利益率高いROE: 688711の 自己資本利益率 ( 1.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSemiconductors 、過去の業績が好調な企業。View Financial Health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 08:17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Macmic Science&Technology 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。3 アナリスト機関Min ZouJefferies LLCJian PanTianfeng Securities Brokerage Co., LtdFang WangZhongtai Securities Co. Ltd.
Reported Earnings • May 01Full year 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.08 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.2% from FY 2024). Net income: CN¥17.1m (up CN¥31.6m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 30Macmic Science&Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 05Full year 2025 earnings released: EPS: CN¥0.082 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.082 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.1% from FY 2024). Net income: CN¥17.4m (up CN¥31.9m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 26Macmic Science&Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.011 (up from CN¥0.007 in 3Q 2024). Revenue: CN¥302.9m (down 12% from 3Q 2024). Net income: CN¥2.39m (up 56% from 3Q 2024). Profit margin: 0.8% (up from 0.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Macmic Science&Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Macmic Science&Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
Buy Or Sell Opportunity • May 21Now 27% undervaluedThe stock has been flat over the last 90 days, currently trading at CN¥32.57. The fair value is estimated to be CN¥44.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
New Risk • May 19New 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 8.3% 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: Major Risk Earnings have declined by 36% per year over the past 5 years. Minor Risks High level of debt (55% net debt to equity). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.
Reported Earnings • May 01Full year 2025 earnings released: EPS: CN¥0.08 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.08 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.2% from FY 2024). Net income: CN¥17.1m (up CN¥31.6m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 30Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 20, 2026Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 20, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
お知らせ • Mar 30Macmic Science&Technology Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 05Full year 2025 earnings released: EPS: CN¥0.082 (vs CN¥0.068 loss in FY 2024)Full year 2025 results: EPS: CN¥0.082 (up from CN¥0.068 loss in FY 2024). Revenue: CN¥1.35b (up 1.1% from FY 2024). Net income: CN¥17.4m (up CN¥31.9m from FY 2024). Profit margin: 1.3% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 26Macmic Science&Technology Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2026Macmic Science&Technology Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: CN¥0.011 (vs CN¥0.007 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.011 (up from CN¥0.007 in 3Q 2024). Revenue: CN¥302.9m (down 12% from 3Q 2024). Net income: CN¥2.39m (up 56% from 3Q 2024). Profit margin: 0.8% (up from 0.4% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Macmic Science&Technology Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025Macmic Science&Technology Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change).
お知らせ • Jun 30Macmic Science&Technology Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025Macmic Science&Technology Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 11% 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 Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years.
Reported Earnings • Apr 20Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.068 loss per share (down from CN¥0.55 profit in FY 2023). Revenue: CN¥1.33b (down 12% from FY 2023). Net loss: CN¥14.5m (down 113% from profit in FY 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 21% per year.
お知らせ • Apr 15Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 09, 2025Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 09, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
New Risk • Apr 07New 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: Major Risk Debt is not well covered by operating cash flow (7.3% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).
お知らせ • Mar 28Macmic Science&Technology Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: CN¥0.066 loss per share (down from CN¥0.55 profit in FY 2023). Revenue: CN¥1.33b (down 12% from FY 2023). Net loss: CN¥14.1m (down 112% from profit in FY 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 27% per year.
お知らせ • Dec 27Macmic Science&Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Macmic Science&Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
お知らせ • Dec 06Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces an Equity Buyback for CNY 50 million worth of its shares.Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at no more than CNY 30.12 per share. The purpose of the program is to use the repurchased shares for equity incentives or employee stock ownership plans or for converting corporate bonds issued by listed companies that can be converted into shares. If the company fails to use the shares for said purposes within 3 years of completion of the program, the unused or not transferred shares will be cancelled. The program will be funded from company's own funds. The plan will be valid for 12 months.
分析記事 • Nov 11Macmic Science&Technology Co.,Ltd.'s (SHSE:688711) Shares Leap 28% Yet They're Still Not Telling The Full StoryDespite an already strong run, Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ) shares have been powering on, with a...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥343.1m (down 7.5% from 3Q 2023). Net income: CN¥1.53m (down 93% from 3Q 2023). Profit margin: 0.4% (down from 6.2% in 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings.
分析記事 • Oct 16Macmic Science&TechnologyLtd (SHSE:688711) Will Want To Turn Around Its Return TrendsIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
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¥17.40, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 73% over the past three years.
お知らせ • Sep 30Macmic Science&Technology Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024Macmic Science&Technology 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 24%After last week's 24% share price gain to CN¥14.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the Semiconductor industry in China. Total loss to shareholders of 70% over the past three years.
分析記事 • Sep 26Why We're Not Concerned About Macmic Science&Technology Co.,Ltd.'s (SHSE:688711) Share PriceWhen close to half the companies in China have price-to-earnings ratios (or "P/E's") below 27x, you may consider Macmic...
New Risk • Sep 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.1% net profit margin).
分析記事 • Aug 29We Think That There Are More Issues For Macmic Science&TechnologyLtd (SHSE:688711) Than Just Sluggish EarningsA lackluster earnings announcement from Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ) last week didn't sink the...
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.023 (vs CN¥0.15 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.023 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥390.2m (down 9.9% from 2Q 2023). Net income: CN¥4.23m (down 87% from 2Q 2023). Profit margin: 1.1% (down from 7.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
New Risk • Jul 23New 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (5.9% net profit margin).
分析記事 • Jul 22Is It Too Late To Consider Buying Macmic Science&Technology Co.,Ltd. (SHSE:688711)?Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ), might not be a large cap stock, but it saw a double-digit share...
お知らせ • Jun 28Macmic Science&Technology Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024Macmic Science&Technology Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024
分析記事 • Jun 13Is Macmic Science&TechnologyLtd (SHSE:688711) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥24.77, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 60% over the past year.
Reported Earnings • Apr 27First quarter 2024 earnings released: CN¥0.01 loss per share (vs CN¥0.20 profit in 1Q 2023)First quarter 2024 results: CN¥0.01 loss per share (down from CN¥0.20 profit in 1Q 2023). Revenue: CN¥246.4m (down 26% from 1Q 2023). Net loss: CN¥1.72m (down 106% from profit in 1Q 2023). Revenue is forecast to grow 44% 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 27Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 24, 2024Macmic Science&Technology Co.,Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China
分析記事 • Apr 21Macmic Science&Technology Co.,Ltd. (SHSE:688711) Stocks Pounded By 25% But Not Lagging Market On Growth Or PricingTo the annoyance of some shareholders, Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ) shares are down a...
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥24.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 69% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.47 per share.
Buy Or Sell Opportunity • Apr 16Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to CN¥24.25. The fair value is estimated to be CN¥31.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 115% in 2 years. Earnings are forecast to grow by 204% in the next 2 years.
分析記事 • Apr 12At CN¥26.69, Is Macmic Science&Technology Co.,Ltd. (SHSE:688711) Worth Looking At Closely?Macmic Science&Technology Co.,Ltd. ( SHSE:688711 ), might not be a large cap stock, but it saw a double-digit share...
お知らせ • Mar 30Macmic Science&Technology Co.,Ltd. to Report Q1, 2024 Results on Apr 26, 2024Macmic Science&Technology Co.,Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 27Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥28.11, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 62% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥32.05 per share.
分析記事 • Mar 04Macmic Science&Technology Co.,Ltd.'s (SHSE:688711) 25% Jump Shows Its Popularity With InvestorsMacmic Science&Technology Co.,Ltd. ( SHSE:688711 ) shareholders are no doubt pleased to see that the share price has...
お知らせ • Mar 01Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces an Equity Buyback for CNY 50 million worth of its shares.Macmic Science&Technology Co.,Ltd. (SHSE:688711) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at no more than CNY 46.99 per share. The purpose of the program is to use the repurchased shares for equity incentives or employee stock ownership plans or for converting corporate bonds issued by listed companies that can be converted into . If the company fails to use the shares for said purposes within 3 years of completion of the program, the unused or not transferred shares will be cancelled. The program will be funded from company's own funds. The plan will be valid for 6 months.
Reported Earnings • Feb 24Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.76 (up from CN¥0.52 in FY 2022). Revenue: CN¥1.51b (up 63% from FY 2022). Net income: CN¥114.8m (up 46% from FY 2022). Profit margin: 7.6% (down from 8.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥28.73, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 66% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥40.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 34x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥53.20 per share.
Buying Opportunity • Dec 01Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be CN¥54.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 107% in 2 years. Earnings is forecast to grow by 202% in the next 2 years.
New Risk • Nov 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (7.1% net profit margin).
New Risk • Oct 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (7.1% net profit margin).
Reported Earnings • Oct 27Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.19 in 3Q 2022). Revenue: CN¥371.0m (up 32% from 3Q 2022). Net income: CN¥23.0m (down 21% from 3Q 2022). Profit margin: 6.2% (down from 10% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 55%. 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.
Price Target Changed • Sep 19Price target decreased by 10% to CN¥76.50Down from CN¥85.46, the current price target is an average from 2 analysts. New target price is 47% above last closing price of CN¥52.08. Stock is down 4.4% over the past year. The company is forecast to post earnings per share of CN¥1.04 for next year compared to CN¥0.52 last year.
Major Estimate Revision • Aug 24Consensus EPS estimates increase by 22%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥1.58b to CN¥1.62b. EPS estimate increased from CN¥0.957 to CN¥1.16 per share. Net income forecast to grow 91% next year vs 68% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥85.85. Share price was steady at CN¥52.06 over the past week.
Reported Earnings • Aug 18Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.13 in 2Q 2022). Revenue: CN¥433.3m (up 125% from 2Q 2022). Net income: CN¥31.6m (up 59% from 2Q 2022). Profit margin: 7.3% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 19%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.
お知らせ • Jun 28Macmic Science&Technology Co.,Ltd. to Report First Half, 2023 Results on Aug 18, 2023Macmic Science&Technology Co.,Ltd. announced that they will report first half, 2023 results on Aug 18, 2023
Major Estimate Revision • May 02Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥1.76b to CN¥1.53b. EPS estimate fell from CN¥1.18 to CN¥1.10 per share. Net income forecast to grow 76% next year vs 61% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥96.50 to CN¥92.50. Share price was steady at CN¥75.08 over the past week.
Reported Earnings • Apr 26First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: EPS: CN¥0.22 (up from CN¥0.086 in 1Q 2022). Revenue: CN¥331.2m (up 137% from 1Q 2022). Net income: CN¥30.9m (up 152% from 1Q 2022). Profit margin: 9.3% (up from 8.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 8.3%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Major Estimate Revision • Feb 23Consensus revenue estimates increase by 28%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥1.37b to CN¥1.76b. EPS estimate increased from CN¥1.08 to CN¥1.18 per share. Net income forecast to grow 110% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥97.23. Share price fell 5.8% to CN¥80.90 over the past week.
Reported Earnings • Feb 18Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: CN¥0.56. Revenue: CN¥929.2m (up 69% from FY 2021). Net income: CN¥77.2m (up 12% from FY 2021). Profit margin: 8.3% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 19%. 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.
Price Target Changed • Jan 11Price target increased to CN¥97.57Up from CN¥78.35, the current price target is an average from 2 analysts. New target price is 7.5% above last closing price of CN¥90.76. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥0.70 for next year compared to CN¥0.60 last year.
Reported Earnings • Oct 18Third quarter 2022 earnings released: EPS: CN¥0.21 (vs CN¥0.072 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.21 (up from CN¥0.072 in 3Q 2021). Revenue: CN¥282.0m (up 108% from 3Q 2021). Net income: CN¥29.0m (up 96% from 3Q 2021). Profit margin: 10% (in line with 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.
Price Target Changed • Oct 11Price target decreased to CN¥78.35Down from CN¥104, the current price target is an average from 2 analysts. New target price is 51% above last closing price of CN¥51.72. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.67 for next year compared to CN¥0.60 last year.
Buying Opportunity • Oct 11Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be CN¥66.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 124% in 2 years. Earnings is forecast to grow by 158% in the next 2 years.
Buying Opportunity • Sep 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥74.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 124% in 2 years. Earnings is forecast to grow by 171% in the next 2 years.
Reported Earnings • Aug 18Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: CN¥0.15. Net income: CN¥20.0m (up CN¥20.0m from 2Q 2021). Over the next year, revenue is forecast to grow 55%, compared to a 48% growth forecast for the Semiconductor industry in China.