Shanghai Fullhan Microelectronics（300613）株式概要上海福範微電子有限公司は、その子会社とともに、スマートビデオ、スマートホーム、スマートオートモーティブ分野のチップを中国国内外において設計・開発している。 詳細300613 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金0/6報酬株価収益率（ 73.5 x）は、 Semiconductor業界平均（ 127.7 x）を下回っています。リスク分析過去5年間で収益は年間10.4%減少しました。 CN市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る300613 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¥68.6144.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue CN¥2.3bEarnings CN¥258.7mAdvancedSet Fair ValueView all narrativesShanghai Fullhan Microelectronics Co., Ltd. 競合他社HENGHUI TechnologySymbol: SZSE:301678Market cap: CN¥14.6bJiangxi Lian Chuang Optoelectronic Science And TechnologylTdSymbol: SHSE:600363Market cap: CN¥15.6bWafer Works (Shanghai)Symbol: SHSE:688584Market cap: CN¥20.4bShanghai Awinic TechnologyLtdSymbol: SHSE:688798Market cap: CN¥16.7b価格と性能株価の高値、安値、推移の概要Shanghai Fullhan Microelectronics過去の株価現在の株価CN¥68.6152週高値CN¥68.6552週安値CN¥39.05ベータ0.721ヶ月の変化8.10%3ヶ月変化65.29%1年変化49.28%3年間の変化16.49%5年間の変化-7.53%IPOからの変化339.15%最新ニュースValuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥68.42, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 116x in the Semiconductor industry in China. Total returns to shareholders of 17% over the past three years.お知らせ • May 30Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2025 (A Shares), Payable on 02 June 2026Shanghai Fullhan Microelectronics Co., Ltd. approved 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.80000000 for the year 2025. Record date: 01 June 2026; Ex-date: 02 June 2026; Payment date: 02 June 2026.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥59.05, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 93x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% 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 10% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (8.6% net profit margin).Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.63 (vs CN¥1.12 in FY 2024)Full year 2025 results: EPS: CN¥0.63 (down from CN¥1.12 in FY 2024). Revenue: CN¥1.69b (down 5.6% from FY 2024). Net income: CN¥145.0m (down 44% from FY 2024). Profit margin: 8.6% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥68.42, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 116x in the Semiconductor industry in China. Total returns to shareholders of 17% over the past three years.お知らせ • May 30Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2025 (A Shares), Payable on 02 June 2026Shanghai Fullhan Microelectronics Co., Ltd. approved 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.80000000 for the year 2025. Record date: 01 June 2026; Ex-date: 02 June 2026; Payment date: 02 June 2026.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥59.05, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 93x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% 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 10% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (8.6% net profit margin).Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.63 (vs CN¥1.12 in FY 2024)Full year 2025 results: EPS: CN¥0.63 (down from CN¥1.12 in FY 2024). Revenue: CN¥1.69b (down 5.6% from FY 2024). Net income: CN¥145.0m (down 44% from FY 2024). Profit margin: 8.6% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • Apr 03Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, Apr 27, 2026Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, Apr 27, 2026, at 14:30 China Standard Time. Location: 6F, Building 2, No. 717, Yishan Road, Xuhui District, Shanghai Chinaお知らせ • Mar 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026お知らせ • Dec 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 03, 2026New Risk • Oct 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.5% Last year net profit margin: 15% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.5% net profit margin).Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.35 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.26 (down from CN¥0.35 in 3Q 2024). Revenue: CN¥452.5m (down 9.8% from 3Q 2024). Net income: CN¥59.0m (down 27% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Shanghai Fullhan Microelectronics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.039 (vs CN¥0.30 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.039 (down from CN¥0.30 in 2Q 2024). Revenue: CN¥369.5m (down 17% from 2Q 2024). Net income: CN¥8.38m (down 88% from 2Q 2024). Profit margin: 2.3% (down from 16% in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 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 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Jul 02Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Declared Dividend • Jun 16Dividend of CN¥0.12 announcedDividend of CN¥0.12 is the same as last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • May 29Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2024Shanghai Fullhan Microelectronics Co., Ltd. at its AGM held on 26 May 2025, approved Cash dividend/10 shares (tax included): CNY 1.20000000 for the year 2024.お知らせ • Apr 24Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 26, 2025Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 26, 2025, at 14:30 China Standard Time. Location: 6F, Building 2, No. 717, Yishan Road, Xuhui District, Shanghai ChinaNew Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results.お知らせ • Apr 15Shanghai Fullhan Microelectronics Co., Ltd. Proposes Final Dividend for the Year 2024Shanghai Fullhan Microelectronics Co., Ltd. proposed final cash dividend of CNY 1.20000000 per 10 shares (tax included) for the year 2024.Reported Earnings • Apr 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.12 (up from CN¥1.10 in FY 2023). Revenue: CN¥1.79b (down 1.8% from FY 2023). Net income: CN¥257.6m (up 2.0% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥43.83, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 38x in the Semiconductor industry in China. Total loss to shareholders of 26% over the past three years.お知らせ • Mar 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025分析記事 • Feb 24Here's Why Shanghai Fullhan Microelectronics (SZSE:300613) Can Manage Its Debt ResponsiblyDavid 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 • Feb 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥72.93, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 35x in the Semiconductor industry in China. Total returns to shareholders of 23% over the past three years.New Risk • Feb 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results.分析記事 • Feb 05What Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) 26% Share Price Gain Is Not Telling YouThe Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) share price has done very well over the last month...Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.37, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 31% over the past three years.お知らせ • Dec 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥65.46, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 37x in the Semiconductor industry in China. Total loss to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥54.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 36x in the Semiconductor industry in China. Total loss to shareholders of 32% over the past three years.分析記事 • Nov 22The Return Trends At Shanghai Fullhan Microelectronics (SZSE:300613) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥55.99, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 40x in the Semiconductor industry in China. Total loss to shareholders of 30% over the past three years.分析記事 • Nov 04Shanghai Fullhan Microelectronics' (SZSE:300613) Earnings Are Of Questionable QualityShanghai Fullhan Microelectronics Co., Ltd.'s ( SZSE:300613 ) robust earnings report didn't manage to move the market...Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.35 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥501.8m (up 7.7% from 3Q 2023). Net income: CN¥80.5m (up 57% from 3Q 2023). Profit margin: 16% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% 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 20% per year whereas the company’s share price has fallen by 16% per year.分析記事 • Oct 15Is Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) Potentially Undervalued?Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ), is not the largest company out there, but it saw a...分析記事 • Sep 30Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) 27% Jump Shows Its Popularity With InvestorsDespite an already strong run, Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) shares have been powering...New Risk • Sep 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.9% 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 Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Large one-off items impacting financial results.お知らせ • Sep 30Shanghai Fullhan Microelectronics Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024Buy Or Sell Opportunity • Sep 30Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to CN¥42.90. The fair value is estimated to be CN¥33.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥36.49, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 27x in the Semiconductor industry in China. Total loss to shareholders of 60% over the past three years.Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.31 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.30 (down from CN¥0.31 in 2Q 2023). Revenue: CN¥442.6m (down 5.4% from 2Q 2023). Net income: CN¥69.0m (down 1.4% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.分析記事 • Aug 15Is Shanghai Fullhan Microelectronics (SZSE:300613) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥41.80, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.81 per share.分析記事 • Jul 30Pinning Down Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 39.3x Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) may be...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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.Buy Or Sell Opportunity • Jul 23Now 23% undervaluedOver the last 90 days, the stock has risen 7.7% to CN¥34.31. The fair value is estimated to be CN¥44.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.6%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.お知らせ • Jun 29Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024分析記事 • Jun 15The Return Trends At Shanghai Fullhan Microelectronics (SZSE:300613) Look PromisingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥34.46, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.22 per share.Buy Or Sell Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to CN¥34.46. The fair value is estimated to be CN¥43.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.6%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.分析記事 • May 30A Look At The Intrinsic Value Of Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613)Key Insights Shanghai Fullhan Microelectronics' estimated fair value is CN¥43.13 based on 2 Stage Free Cash Flow to...分析記事 • Apr 26Analyst Forecasts Just Got A Lot More Bearish On Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613)Today is shaping up negative for Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) shareholders, with the...分析記事 • Apr 23Shanghai Fullhan Microelectronics' (SZSE:300613) Shareholders Have More To Worry About Than Only Soft EarningsA lackluster earnings announcement from Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) last week didn't...Major Estimate Revision • Apr 22Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.53b to CN¥2.05b. EPS estimate fell from CN¥2.07 to CN¥1.42 per share. Net income forecast to grow 30% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥71.00 to CN¥43.00. Share price fell 3.6% to CN¥31.72 over the past week.お知らせ • Apr 16Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 17, 2024Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 6F, Building 2, No. 717, Yishan Road, Xuhui District, Shanghai China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; and to transact such other business matters.Reported Earnings • Apr 16Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.10 (down from CN¥1.74 in FY 2022). Revenue: CN¥1.82b (down 14% from FY 2022). Net income: CN¥252.5m (down 37% from FY 2022). Profit margin: 14% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Mar 30Shanghai Fullhan Microelectronics Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024お知らせ • Mar 09Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) announces an Equity Buyback for CNY 100 million worth of its shares.Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The repurchase price will not more than CNY 49 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 3 months.分析記事 • Mar 01Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) Price In Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 36x Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) may be...Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥30.34, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 42% over the past three years.お知らせ • Dec 29Shanghai Fullhan Microelectronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 15, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 15, 2024New Risk • Oct 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 20% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.46 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.46 in 3Q 2022). Revenue: CN¥465.8m (down 17% from 3Q 2022). Net income: CN¥51.3m (down 51% from 3Q 2022). Profit margin: 11% (down from 19% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.61 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.31 (down from CN¥0.61 in 2Q 2022). Revenue: CN¥467.8m (down 28% from 2Q 2022). Net income: CN¥70.0m (down 50% from 2Q 2022). Profit margin: 15% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jul 01Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023New Risk • Jun 09New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • May 27Shanghai Fullhan Microelectronics Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 02 June 2023Shanghai Fullhan Microelectronics Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.80000000. Record date: 01 June 2023, Ex-date: 02 June 2023 Payment date: 02 June 2023 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.18000000(10% x CNY1.80000000) Net cash dividend/10 shares after tax: CNY1.62000000(CNY1.80000000- CNY0.18000000).お知らせ • May 23Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for 2022Shanghai Fullhan Microelectronics Co., Ltd. announced that at the Annual General Meeting of 2022 held on 19 May 2023 approved Cash dividend/10 shares (tax included) of CNY 1.80000000 for 2022.Price Target Changed • May 18Price target decreased by 60% to CN¥55.00Down from CN¥137, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥56.81. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥2.39 for next year compared to CN¥1.74 last year.Board Change • May 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Wenjun Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥60.69, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 35x in the Semiconductor industry in China. Total returns to shareholders of 73% over the past three years.Reported Earnings • Apr 16Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥1.74 (up from CN¥1.60 in FY 2021). Revenue: CN¥2.11b (up 23% from FY 2021). Net income: CN¥398.1m (up 9.4% from FY 2021). Profit margin: 19% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥74.95, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥130 per share.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥68.15, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 38x in the Semiconductor industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥131 per share.Price Target Changed • Nov 16Price target decreased to CN¥73.10Down from CN¥137, the current price target is an average from 2 analysts. New target price is 23% above last closing price of CN¥59.29. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥1.59 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Wenjun Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.57 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.46 (down from CN¥0.57 in 3Q 2021). Revenue: CN¥557.9m (flat on 3Q 2021). Net income: CN¥105.2m (down 19% from 3Q 2021). Profit margin: 19% (down from 23% in 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.61 (vs CN¥0.46 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.61 (up from CN¥0.46 in 2Q 2021). Revenue: CN¥649.2m (up 28% from 2Q 2021). Net income: CN¥140.6m (up 35% from 2Q 2021). Profit margin: 22% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 37%, compared to a 47% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥71.30, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 315% over the past three years.Board Change • Jun 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Deputy General Manager, Chief Engineer & Non-Independent Director Jian Jun Wan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 21Shanghai Fullhan Microelectronics Co., Ltd. Announces Cash Dividend, Payable on May 26, 2022Shanghai Fullhan Microelectronics Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.10000000. Record date is 25 May 2022, ex-date is 26 May 2022 and Payment date is 26 May 2022.お知らせ • May 12+ 1 more updateShanghai Fullhan Microelectronics Co., Ltd. Declares Cash Dividend for the Year 2021Shanghai Fullhan Microelectronics Co., Ltd. at its Annual General Meeting held on May 9, 2022, declared cash dividend/10 shares (tax included) of CNY 3.10000000 for the year 2021.Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 31% share price gain to CN¥114, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Semiconductor industry in China. Total returns to shareholders of 268% over the past three years.Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.85 (up from CN¥0.29 in 1Q 2021). Revenue: CN¥514.6m (up 143% from 1Q 2021). Net income: CN¥101.6m (up 193% from 1Q 2021). Profit margin: 20% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 9.0%. Over the next year, revenue is forecast to grow 26%, compared to a 44% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16+ 1 more updateShanghai Fullhan Microelectronics Co., Ltd. Proposes Final Dividend for 2021Shanghai Fullhan Microelectronics Co., Ltd. announced on 15 April 2022 the profit distribution proposal of CNY 3.10000000 per 10 shares (tax included) for 2021.Reported Earnings • Apr 16Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥3.03 (up from CN¥0.73 in FY 2020). Revenue: CN¥1.72b (up 181% from FY 2020). Net income: CN¥363.9m (up 315% from FY 2020). Profit margin: 21% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 9.0%. Over the next year, revenue is forecast to grow 46%, compared to a 46% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥163, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 46x in the Semiconductor industry in China. Total returns to shareholders of 390% over the past three years.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥189, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 51x in the Semiconductor industry in China. Total returns to shareholders of 445% over the past three years.Reported Earnings • Oct 25Third quarter 2021 earnings released: EPS CN¥1.09 (vs CN¥0.027 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥561.9m (up 466% from 3Q 2020). Net income: CN¥130.5m (up CN¥133.3m from 3Q 2020). Profit margin: 23% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥2.64 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥505.9m (up 304% from 2Q 2020). Net income: CN¥104.0m (up CN¥90.4m from 2Q 2020). Profit margin: 21% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 11Tibet Dongfang Qihui Investment Co., Ltd. completed the acquisition of additional 5.22% stake in Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) from Jiezhi Holdings Co., Ltd.Tibet Dongfang Qihui Investment Co., Ltd. entered into a Share Transfer Agreement to acquire an additional 5.22% stake in Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) from Jiezhi Holdings Co., Ltd. for approximately CNY 490 million on March 17, 2021. Under the terms, Tibet Dongfang will pay CNY 116.47 per share. The consideration will be settled from Legend Holdings' internal cash. Following the transaction, Tibet Dongfang will own 15.94% stake in Shanghai Fullhan. Tibet Dongfang Qihui Investment Co., Ltd. completed the acquisition of additional 5.22% stake in Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) from Jiezhi Holdings Co., Ltd. on June 9, 2021. Post completion, Tibet Dongfang Qihui Investment Co., Ltd. will hold 15.92% stake and Jiezhi Holdings Co., Ltd. will hold 5.98% stake.お知らせ • May 22Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2020Shanghai Fullhan Microelectronics Co., Ltd. at its annual general meeting held on May 20, 2021, approved cash dividend per ten shares (tax included) of CNY 1.10000000 for the year 2020.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.38 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥211.9m (up 35% from 1Q 2020). Net income: CN¥34.7m (up 14% from 1Q 2020). Profit margin: 16% (down from 19% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Mar 09New 90-day high: CN¥170The company is up 22% from its price of CN¥139 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 5.0% over the same period.Is New 90 Day High Low • Feb 02New 90-day high: CN¥165The company is up 40% from its price of CN¥118 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 11% over the same period.Is New 90 Day High Low • Dec 20New 90-day high: CN¥152The company is up 1.0% from its price of CN¥151 on 21 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 6.0% over the same period.Is New 90 Day High Low • Nov 17New 90-day low: CN¥115The company is down 22% from its price of CN¥149 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 7.0% over the same period.株主還元300613CN SemiconductorCN 市場7D18.7%14.4%5.7%1Y49.3%133.6%34.9%株主還元を見る業界別リターン: 300613過去 1 年間で133.6 % 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: 300613過去 1 年間で34.9 % の収益を上げたCN市場を上回りました。価格変動Is 300613's price volatile compared to industry and market?300613 volatility300613 Average Weekly Movement9.3%Semiconductor Industry Average Movement9.2%Market Average Movement6.7%10% most volatile stocks in CN Market10.6%10% least volatile stocks in CN Market4.4%安定した株価: 300613の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 300613の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2004543Xiaoqi Yangwww.fullhan.com上海福範微電子有限公司は、その子会社とともに、スマートビデオ、スマートホーム、スマートオートモーティブ分野のチップを中国国内外で設計・開発している。同社は、HDアナログイメージシグナルプロセッサ（ISP）、IPカメラシステムオンチップ（SoC）、HDアナログRx、デジタルビデオレコーダー（DVR）SoC、ネットワークビデオレコーダーSoC、スマートディスプレイSoC、車載カメラISP、車載HDアナログRx、車載DVR SoCなどの各種チップを提供している。また、技術開発やIC設計サービス、技術移転やコンサルティングサービスなどの専門技術サービスも提供している。Fullhan Microelectronics Co., Ltd.は2004年に設立され、中国上海に本社を置いている。もっと見るShanghai Fullhan Microelectronics Co., Ltd. 基礎のまとめShanghai Fullhan Microelectronics の収益と売上を時価総額と比較するとどうか。300613 基礎統計学時価総額CN¥15.78b収益（TTM）CN¥215.39m売上高(TTM)CN¥1.93b73.5xPER（株価収益率8.2xP/Sレシオ300613 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300613 損益計算書（TTM）収益CN¥1.93b売上原価CN¥1.21b売上総利益CN¥721.30mその他の費用CN¥505.91m収益CN¥215.39m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.93グロス・マージン37.37%純利益率11.16%有利子負債／自己資本比率19.8%300613 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0.1%現在の配当利回り8%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/18 14:34終値2026/06/18 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Shanghai Fullhan Microelectronics 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。4 アナリスト機関Kai LiuEverbright Securities Co. Ltd.Anne LeeNomura Securities Co. Ltd.Aaron JengNomura Securities Co. Ltd.1 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥68.42, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 116x in the Semiconductor industry in China. Total returns to shareholders of 17% over the past three years.
お知らせ • May 30Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2025 (A Shares), Payable on 02 June 2026Shanghai Fullhan Microelectronics Co., Ltd. approved 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.80000000 for the year 2025. Record date: 01 June 2026; Ex-date: 02 June 2026; Payment date: 02 June 2026.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥59.05, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 93x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.
New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% 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 10% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (8.6% net profit margin).
Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.63 (vs CN¥1.12 in FY 2024)Full year 2025 results: EPS: CN¥0.63 (down from CN¥1.12 in FY 2024). Revenue: CN¥1.69b (down 5.6% from FY 2024). Net income: CN¥145.0m (down 44% from FY 2024). Profit margin: 8.6% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥68.42, the stock trades at a trailing P/E ratio of 73.2x. Average trailing P/E is 116x in the Semiconductor industry in China. Total returns to shareholders of 17% over the past three years.
お知らせ • May 30Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2025 (A Shares), Payable on 02 June 2026Shanghai Fullhan Microelectronics Co., Ltd. approved 2025 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.80000000 for the year 2025. Record date: 01 June 2026; Ex-date: 02 June 2026; Payment date: 02 June 2026.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥59.05, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 93x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.
New Risk • Apr 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% 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 10% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (8.6% net profit margin).
Reported Earnings • Apr 03Full year 2025 earnings released: EPS: CN¥0.63 (vs CN¥1.12 in FY 2024)Full year 2025 results: EPS: CN¥0.63 (down from CN¥1.12 in FY 2024). Revenue: CN¥1.69b (down 5.6% from FY 2024). Net income: CN¥145.0m (down 44% from FY 2024). Profit margin: 8.6% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 03Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, Apr 27, 2026Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, Apr 27, 2026, at 14:30 China Standard Time. Location: 6F, Building 2, No. 717, Yishan Road, Xuhui District, Shanghai China
お知らせ • Mar 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
お知らせ • Dec 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report fiscal year 2025 results on Apr 03, 2026
New Risk • Oct 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.5% Last year net profit margin: 15% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.5% net profit margin).
Reported Earnings • Oct 30Third quarter 2025 earnings released: EPS: CN¥0.26 (vs CN¥0.35 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.26 (down from CN¥0.35 in 3Q 2024). Revenue: CN¥452.5m (down 9.8% from 3Q 2024). Net income: CN¥59.0m (down 27% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Shanghai Fullhan Microelectronics Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025
Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.039 (vs CN¥0.30 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.039 (down from CN¥0.30 in 2Q 2024). Revenue: CN¥369.5m (down 17% from 2Q 2024). Net income: CN¥8.38m (down 88% from 2Q 2024). Profit margin: 2.3% (down from 16% in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 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 28% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 02Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Declared Dividend • Jun 16Dividend of CN¥0.12 announcedDividend of CN¥0.12 is the same as last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 29Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2024Shanghai Fullhan Microelectronics Co., Ltd. at its AGM held on 26 May 2025, approved Cash dividend/10 shares (tax included): CNY 1.20000000 for the year 2024.
お知らせ • Apr 24Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 26, 2025Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 26, 2025, at 14:30 China Standard Time. Location: 6F, Building 2, No. 717, Yishan Road, Xuhui District, Shanghai China
New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% 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 Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results.
お知らせ • Apr 15Shanghai Fullhan Microelectronics Co., Ltd. Proposes Final Dividend for the Year 2024Shanghai Fullhan Microelectronics Co., Ltd. proposed final cash dividend of CNY 1.20000000 per 10 shares (tax included) for the year 2024.
Reported Earnings • Apr 12Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.12 (up from CN¥1.10 in FY 2023). Revenue: CN¥1.79b (down 1.8% from FY 2023). Net income: CN¥257.6m (up 2.0% from FY 2023). Profit margin: 14% (in line with FY 2023). Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to CN¥43.83, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 38x in the Semiconductor industry in China. Total loss to shareholders of 26% over the past three years.
お知らせ • Mar 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Q1, 2025 Results on Apr 24, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 24, 2025
分析記事 • Feb 24Here's Why Shanghai Fullhan Microelectronics (SZSE:300613) Can Manage Its Debt ResponsiblyDavid 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 • Feb 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥72.93, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 35x in the Semiconductor industry in China. Total returns to shareholders of 23% over the past three years.
New Risk • Feb 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Large one-off items impacting financial results.
分析記事 • Feb 05What Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) 26% Share Price Gain Is Not Telling YouThe Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) share price has done very well over the last month...
Valuation Update With 7 Day Price Move • Jan 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥53.37, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 31% over the past three years.
お知らせ • Dec 31Shanghai Fullhan Microelectronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 22, 2025Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 22, 2025
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥65.46, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 37x in the Semiconductor industry in China. Total loss to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥54.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 36x in the Semiconductor industry in China. Total loss to shareholders of 32% over the past three years.
分析記事 • Nov 22The Return Trends At Shanghai Fullhan Microelectronics (SZSE:300613) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥55.99, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 40x in the Semiconductor industry in China. Total loss to shareholders of 30% over the past three years.
分析記事 • Nov 04Shanghai Fullhan Microelectronics' (SZSE:300613) Earnings Are Of Questionable QualityShanghai Fullhan Microelectronics Co., Ltd.'s ( SZSE:300613 ) robust earnings report didn't manage to move the market...
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.22 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.35 (up from CN¥0.22 in 3Q 2023). Revenue: CN¥501.8m (up 7.7% from 3Q 2023). Net income: CN¥80.5m (up 57% from 3Q 2023). Profit margin: 16% (up from 11% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% 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 20% per year whereas the company’s share price has fallen by 16% per year.
分析記事 • Oct 15Is Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) Potentially Undervalued?Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ), is not the largest company out there, but it saw a...
分析記事 • Sep 30Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) 27% Jump Shows Its Popularity With InvestorsDespite an already strong run, Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) shares have been powering...
New Risk • Sep 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.9% 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 Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risk Large one-off items impacting financial results.
お知らせ • Sep 30Shanghai Fullhan Microelectronics Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
Buy Or Sell Opportunity • Sep 30Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to CN¥42.90. The fair value is estimated to be CN¥33.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 39% in 2 years. Earnings are forecast to grow by 80% in the next 2 years.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥36.49, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 27x in the Semiconductor industry in China. Total loss to shareholders of 60% over the past three years.
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.31 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.30 (down from CN¥0.31 in 2Q 2023). Revenue: CN¥442.6m (down 5.4% from 2Q 2023). Net income: CN¥69.0m (down 1.4% from 2Q 2023). Profit margin: 16% (in line with 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
分析記事 • Aug 15Is Shanghai Fullhan Microelectronics (SZSE:300613) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥41.80, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.81 per share.
分析記事 • Jul 30Pinning Down Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) P/E Is Difficult Right NowWith a price-to-earnings (or "P/E") ratio of 39.3x Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) may be...
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: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.
Buy Or Sell Opportunity • Jul 23Now 23% undervaluedOver the last 90 days, the stock has risen 7.7% to CN¥34.31. The fair value is estimated to be CN¥44.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.6%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.
お知らせ • Jun 29Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
分析記事 • Jun 15The Return Trends At Shanghai Fullhan Microelectronics (SZSE:300613) Look PromisingWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥34.46, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.22 per share.
Buy Or Sell Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to CN¥34.46. The fair value is estimated to be CN¥43.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 2.6%. Revenue is forecast to grow by 40% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.
分析記事 • May 30A Look At The Intrinsic Value Of Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613)Key Insights Shanghai Fullhan Microelectronics' estimated fair value is CN¥43.13 based on 2 Stage Free Cash Flow to...
分析記事 • Apr 26Analyst Forecasts Just Got A Lot More Bearish On Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613)Today is shaping up negative for Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) shareholders, with the...
分析記事 • Apr 23Shanghai Fullhan Microelectronics' (SZSE:300613) Shareholders Have More To Worry About Than Only Soft EarningsA lackluster earnings announcement from Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) last week didn't...
Major Estimate Revision • Apr 22Consensus revenue estimates fall by 19%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.53b to CN¥2.05b. EPS estimate fell from CN¥2.07 to CN¥1.42 per share. Net income forecast to grow 30% next year vs 56% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥71.00 to CN¥43.00. Share price fell 3.6% to CN¥31.72 over the past week.
お知らせ • Apr 16Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 17, 2024Shanghai Fullhan Microelectronics Co., Ltd., Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: 6F, Building 2, No. 717, Yishan Road, Xuhui District, Shanghai China Agenda: To consider 2023 annual report and its summary; to consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; and to transact such other business matters.
Reported Earnings • Apr 16Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.10 (down from CN¥1.74 in FY 2022). Revenue: CN¥1.82b (down 14% from FY 2022). Net income: CN¥252.5m (down 37% from FY 2022). Profit margin: 14% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Mar 30Shanghai Fullhan Microelectronics Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
お知らせ • Mar 09Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) announces an Equity Buyback for CNY 100 million worth of its shares.Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The repurchase price will not more than CNY 49 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 3 months.
分析記事 • Mar 01Shanghai Fullhan Microelectronics Co., Ltd.'s (SZSE:300613) Price In Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 36x Shanghai Fullhan Microelectronics Co., Ltd. ( SZSE:300613 ) may be...
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥30.34, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 25x in the Semiconductor industry in China. Total loss to shareholders of 42% over the past three years.
お知らせ • Dec 29Shanghai Fullhan Microelectronics Co., Ltd. to Report Fiscal Year 2023 Results on Apr 15, 2024Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report fiscal year 2023 results on Apr 15, 2024
New Risk • Oct 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 20% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.46 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.46 in 3Q 2022). Revenue: CN¥465.8m (down 17% from 3Q 2022). Net income: CN¥51.3m (down 51% from 3Q 2022). Profit margin: 11% (down from 19% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 22Second quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.61 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.31 (down from CN¥0.61 in 2Q 2022). Revenue: CN¥467.8m (down 28% from 2Q 2022). Net income: CN¥70.0m (down 50% from 2Q 2022). Profit margin: 15% (down from 22% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jul 01Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023
New Risk • Jun 09New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • May 27Shanghai Fullhan Microelectronics Co., Ltd. Announces 2022 Final Profit Distribution Plan to Be Implemented (A Shares), Payment Date of 02 June 2023Shanghai Fullhan Microelectronics Co., Ltd. announced 2022 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 1.80000000. Record date: 01 June 2023, Ex-date: 02 June 2023 Payment date: 02 June 2023 10% withholding tax on cash dividend will be deducted in CNY within the cash dividend receivable. Please refer to below details: Tax on cash dividend/10 shares: CNY0.18000000(10% x CNY1.80000000) Net cash dividend/10 shares after tax: CNY1.62000000(CNY1.80000000- CNY0.18000000).
お知らせ • May 23Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for 2022Shanghai Fullhan Microelectronics Co., Ltd. announced that at the Annual General Meeting of 2022 held on 19 May 2023 approved Cash dividend/10 shares (tax included) of CNY 1.80000000 for 2022.
Price Target Changed • May 18Price target decreased by 60% to CN¥55.00Down from CN¥137, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of CN¥56.81. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥2.39 for next year compared to CN¥1.74 last year.
Board Change • May 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Wenjun Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥60.69, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 35x in the Semiconductor industry in China. Total returns to shareholders of 73% over the past three years.
Reported Earnings • Apr 16Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: CN¥1.74 (up from CN¥1.60 in FY 2021). Revenue: CN¥2.11b (up 23% from FY 2021). Net income: CN¥398.1m (up 9.4% from FY 2021). Profit margin: 19% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥74.95, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 166% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥130 per share.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥68.15, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 38x in the Semiconductor industry in China. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥131 per share.
Price Target Changed • Nov 16Price target decreased to CN¥73.10Down from CN¥137, the current price target is an average from 2 analysts. New target price is 23% above last closing price of CN¥59.29. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥1.59 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Wenjun Zhang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.46 (vs CN¥0.57 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.46 (down from CN¥0.57 in 3Q 2021). Revenue: CN¥557.9m (flat on 3Q 2021). Net income: CN¥105.2m (down 19% from 3Q 2021). Profit margin: 19% (down from 23% in 3Q 2021). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.61 (vs CN¥0.46 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.61 (up from CN¥0.46 in 2Q 2021). Revenue: CN¥649.2m (up 28% from 2Q 2021). Net income: CN¥140.6m (up 35% from 2Q 2021). Profit margin: 22% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 37%, compared to a 47% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥71.30, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 315% over the past three years.
Board Change • Jun 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Deputy General Manager, Chief Engineer & Non-Independent Director Jian Jun Wan was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 21Shanghai Fullhan Microelectronics Co., Ltd. Announces Cash Dividend, Payable on May 26, 2022Shanghai Fullhan Microelectronics Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included): CNY 3.10000000. Record date is 25 May 2022, ex-date is 26 May 2022 and Payment date is 26 May 2022.
お知らせ • May 12+ 1 more updateShanghai Fullhan Microelectronics Co., Ltd. Declares Cash Dividend for the Year 2021Shanghai Fullhan Microelectronics Co., Ltd. at its Annual General Meeting held on May 9, 2022, declared cash dividend/10 shares (tax included) of CNY 3.10000000 for the year 2021.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improved over the past weekAfter last week's 31% share price gain to CN¥114, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 31x in the Semiconductor industry in China. Total returns to shareholders of 268% over the past three years.
Reported Earnings • Apr 27First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: CN¥0.85 (up from CN¥0.29 in 1Q 2021). Revenue: CN¥514.6m (up 143% from 1Q 2021). Net income: CN¥101.6m (up 193% from 1Q 2021). Profit margin: 20% (up from 16% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 9.0%. Over the next year, revenue is forecast to grow 26%, compared to a 44% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16+ 1 more updateShanghai Fullhan Microelectronics Co., Ltd. Proposes Final Dividend for 2021Shanghai Fullhan Microelectronics Co., Ltd. announced on 15 April 2022 the profit distribution proposal of CNY 3.10000000 per 10 shares (tax included) for 2021.
Reported Earnings • Apr 16Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥3.03 (up from CN¥0.73 in FY 2020). Revenue: CN¥1.72b (up 181% from FY 2020). Net income: CN¥363.9m (up 315% from FY 2020). Profit margin: 21% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 9.0%. Over the next year, revenue is forecast to grow 46%, compared to a 46% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥163, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 46x in the Semiconductor industry in China. Total returns to shareholders of 390% over the past three years.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improved over the past weekAfter last week's 27% share price gain to CN¥189, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 51x in the Semiconductor industry in China. Total returns to shareholders of 445% over the past three years.
Reported Earnings • Oct 25Third quarter 2021 earnings released: EPS CN¥1.09 (vs CN¥0.027 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥561.9m (up 466% from 3Q 2020). Net income: CN¥130.5m (up CN¥133.3m from 3Q 2020). Profit margin: 23% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥2.64 (vs CN¥0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥505.9m (up 304% from 2Q 2020). Net income: CN¥104.0m (up CN¥90.4m from 2Q 2020). Profit margin: 21% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 11Tibet Dongfang Qihui Investment Co., Ltd. completed the acquisition of additional 5.22% stake in Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) from Jiezhi Holdings Co., Ltd.Tibet Dongfang Qihui Investment Co., Ltd. entered into a Share Transfer Agreement to acquire an additional 5.22% stake in Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) from Jiezhi Holdings Co., Ltd. for approximately CNY 490 million on March 17, 2021. Under the terms, Tibet Dongfang will pay CNY 116.47 per share. The consideration will be settled from Legend Holdings' internal cash. Following the transaction, Tibet Dongfang will own 15.94% stake in Shanghai Fullhan. Tibet Dongfang Qihui Investment Co., Ltd. completed the acquisition of additional 5.22% stake in Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) from Jiezhi Holdings Co., Ltd. on June 9, 2021. Post completion, Tibet Dongfang Qihui Investment Co., Ltd. will hold 15.92% stake and Jiezhi Holdings Co., Ltd. will hold 5.98% stake.
お知らせ • May 22Shanghai Fullhan Microelectronics Co., Ltd. Approves Cash Dividend for the Year 2020Shanghai Fullhan Microelectronics Co., Ltd. at its annual general meeting held on May 20, 2021, approved cash dividend per ten shares (tax included) of CNY 1.10000000 for the year 2020.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS CN¥0.43 (vs CN¥0.38 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥211.9m (up 35% from 1Q 2020). Net income: CN¥34.7m (up 14% from 1Q 2020). Profit margin: 16% (down from 19% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Mar 09New 90-day high: CN¥170The company is up 22% from its price of CN¥139 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Feb 02New 90-day high: CN¥165The company is up 40% from its price of CN¥118 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 11% over the same period.
Is New 90 Day High Low • Dec 20New 90-day high: CN¥152The company is up 1.0% from its price of CN¥151 on 21 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Nov 17New 90-day low: CN¥115The company is down 22% from its price of CN¥149 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 7.0% over the same period.
