SG Micro（300661）株式概要SGマイクロ社は、主に中国でアナログICの設計、マーケティング、販売を行っている。 詳細300661 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長5/6過去の実績3/6財務の健全性5/6配当金1/6報酬収益は年間33.67%増加すると予測されています 過去1年間で収益は20.8%増加しました リスク分析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300661 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW490,896 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG490,896 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥98.0134.9% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture011b2016201920222025202620282031Revenue CN¥11.1bEarnings CN¥1.6bAdvancedSet Fair ValueView all narrativesSG Micro Corp 競合他社Tianshui Huatian TechnologySymbol: SZSE:002185Market cap: CN¥62.2bHangzhou Silan MicroelectronicsSymbol: SHSE:600460Market cap: CN¥55.9bYangzhou Yangjie Electronic TechnologySymbol: SZSE:300373Market cap: CN¥50.3bNexchip SemiconductorSymbol: SHSE:688249Market cap: CN¥93.2b価格と性能株価の高値、安値、推移の概要SG Micro過去の株価現在の株価CN¥98.0152週高値CN¥151.9052週安値CN¥61.98ベータ0.861ヶ月の変化-26.18%3ヶ月変化24.85%1年変化40.58%3年間の変化52.63%5年間の変化-13.24%IPOからの変化2,100.17%最新ニュースお知らせ • Jun 30SG Micro Corp to Report First Half, 2026 Results on Aug 29, 2026SG Micro Corp announced that they will report first half, 2026 results on Aug 29, 2026お知らせ • Jun 27SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,659,700 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,941,300 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offeringお知らせ • Jun 19SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,658,512 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,942,488 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: Regulation S; Sponsor Backed OfferingBoard Change • Jun 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Chunlin Tang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • May 29Price target increased by 18% to CN¥110Up from CN¥92.72, the current price target is an average from 5 analysts. New target price is 6.7% below last closing price of CN¥118. Stock is up 66% over the past year. The company is forecast to post earnings per share of CN¥1.36 for next year compared to CN¥0.89 last year.Price Target Changed • May 08Price target increased by 9.3% to CN¥91.72Up from CN¥83.90, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥88.40. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥1.38 for next year compared to CN¥0.89 last year.最新情報をもっと見るRecent updatesお知らせ • Jun 30SG Micro Corp to Report First Half, 2026 Results on Aug 29, 2026SG Micro Corp announced that they will report first half, 2026 results on Aug 29, 2026お知らせ • Jun 27SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,659,700 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,941,300 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offeringお知らせ • Jun 19SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,658,512 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,942,488 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: Regulation S; Sponsor Backed OfferingBoard Change • Jun 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Chunlin Tang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • May 29Price target increased by 18% to CN¥110Up from CN¥92.72, the current price target is an average from 5 analysts. New target price is 6.7% below last closing price of CN¥118. Stock is up 66% over the past year. The company is forecast to post earnings per share of CN¥1.36 for next year compared to CN¥0.89 last year.Price Target Changed • May 08Price target increased by 9.3% to CN¥91.72Up from CN¥83.90, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥88.40. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥1.38 for next year compared to CN¥0.89 last year.Upcoming Dividend • May 01Upcoming dividend of CN¥0.20 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 20% and the cash payout ratio is 89%. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (1.9%). Lower than average of industry peers (0.4%).New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 (8.3% average weekly change). Large one-off items impacting financial results.お知らせ • Mar 31SG Micro Corp to Report Q1, 2026 Results on Apr 27, 2026SG Micro Corp announced that they will report Q1, 2026 results on Apr 27, 2026New Risk • Mar 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: CN¥0.89 (up from CN¥0.82 in FY 2024). Revenue: CN¥3.90b (up 17% from FY 2024). Net income: CN¥547.1m (up 9.4% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Mar 28SG Micro Corp, Annual General Meeting, Apr 20, 2026SG Micro Corp, Annual General Meeting, Apr 20, 2026, at 14:30 China Standard Time. Location: Tower D, No. 87, Xisanhuan North Road, Haidian District, Beijing Chinaお知らせ • Dec 31SG Micro Corp to Report Fiscal Year 2025 Results on Mar 28, 2026SG Micro Corp announced that they will report fiscal year 2025 results on Mar 28, 2026Major Estimate Revision • Oct 31Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.07b to CN¥3.81b. EPS estimate also fell from CN¥1.08 per share to CN¥0.94 per share. Net income forecast to grow 46% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥88.93. Share price fell 5.7% to CN¥73.70 over the past week.Reported Earnings • Oct 25Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥981.8m (up 13% from 3Q 2024). Net income: CN¥142.4m (up 34% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30SG Micro Corp to Report Q3, 2025 Results on Oct 25, 2025SG Micro Corp announced that they will report Q3, 2025 results on Oct 25, 2025New Risk • Sep 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% 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.Reported Earnings • Aug 29Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.20 in 2Q 2024). Revenue: CN¥1.03b (up 22% from 2Q 2024). Net income: CN¥141.1m (up 14% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 17%. 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 fallen by 31% 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.お知らせ • Jul 02SG Micro Corp to Report First Half, 2025 Results on Aug 29, 2025SG Micro Corp announced that they will report first half, 2025 results on Aug 29, 2025Major Estimate Revision • Jun 24Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥1.03 to CN¥1.14. Revenue forecast unchanged at CN¥4.14b. Net income forecast to grow 46% next year vs 57% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥83.55. Share price rose 3.2% to CN¥71.22 over the past week.Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥69.24, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 36x in the Semiconductor industry in China. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.15 per share.Declared Dividend • Jun 16Dividend increased to CN¥0.20Dividend of CN¥0.20 is 100% higher than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 19%. Cash payout ratio: 25%.お知らせ • May 27SG Micro Corp Approves Cash Dividend for the Year 2024SG Micro Corp. at its AGM held on May 23, 2025 approved cash dividend of CNY 2.00 per 10 shares (tax included) for 2024.Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.12 in 1Q 2024). Revenue: CN¥789.6m (up 8.3% from 1Q 2024). Net income: CN¥59.8m (up 9.9% from 1Q 2024). Profit margin: 7.6% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 49%. 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 fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Apr 29SG Micro Corp, Annual General Meeting, May 23, 2025SG Micro Corp, Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: Tower D, No. 87, Xisanhuan North Road, Haidian District, Beijing ChinaNew Risk • Apr 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Price Target Changed • Apr 09Price target increased by 9.3% to CN¥102Up from CN¥92.93, the current price target is an average from 9 analysts. New target price is 5.2% above last closing price of CN¥96.57. Stock is up 61% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.60 last year.お知らせ • Mar 31SG Micro Corp to Report Q1, 2025 Results on Apr 29, 2025SG Micro Corp announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Jan 17Now 37% overvaluedOver the last 90 days, the stock has fallen 3.9% to CN¥91.80. The fair value is estimated to be CN¥67.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 113% in the next 2 years.お知らせ • Dec 31SG Micro Corp to Report Fiscal Year 2024 Results on Apr 29, 2025SG Micro Corp announced that they will report fiscal year 2024 results on Apr 29, 2025Price Target Changed • Nov 01Price target increased by 7.9% to CN¥92.84Up from CN¥86.07, the current price target is an average from 10 analysts. New target price is 6.3% above last closing price of CN¥87.32. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.60 last year.Major Estimate Revision • Nov 01Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥1.01 to CN¥0.883 per share. Revenue forecast steady at CN¥3.27b. Net income forecast to grow 54% next year vs 60% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.51 to CN¥92.84. Share price fell 8.2% to CN¥87.32 over the past week.Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.11 in 3Q 2023). Revenue: CN¥868.4m (up 19% from 3Q 2023). Net income: CN¥106.3m (up 103% from 3Q 2023). Profit margin: 12% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 21% 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 33% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% 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 (8.2% average weekly change). Large one-off items impacting financial results.お知らせ • Sep 30SG Micro Corp to Report Q3, 2024 Results on Oct 26, 2024SG Micro Corp announced that they will report Q3, 2024 results on Oct 26, 2024お知らせ • Sep 21SG Micro Corp Appoints Du Meijie and Tang Chunlin Independent DirectorsSG Micro Corp. at its EGM held on 19 September 2024 approved appointment of Du Meijie and Tang Chunlin independent directors.New Risk • Sep 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 31Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.13 in 2Q 2023). Revenue: CN¥847.4m (up 33% from 2Q 2023). Net income: CN¥124.3m (up 109% from 2Q 2023). Profit margin: 15% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 20% 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 25% per year whereas the company’s share price has fallen by 22% per year.お知らせ • Jun 29SG Micro Corp to Report First Half, 2024 Results on Aug 30, 2024SG Micro Corp announced that they will report first half, 2024 results on Aug 30, 2024Declared Dividend • Jun 14Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 45%.Major Estimate Revision • May 03Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.41b to CN¥3.25b. EPS estimate also fell from CN¥1.38 per share to CN¥1.08 per share. Net income forecast to grow 91% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥86.08 to CN¥82.42. Share price rose 7.0% to CN¥76.87 over the past week.お知らせ • Apr 29SG Micro Corp, Annual General Meeting, May 17, 2024SG Micro Corp, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing ChinaReported Earnings • Apr 28First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.065 in 1Q 2023). Revenue: CN¥729.0m (up 42% from 1Q 2023). Net income: CN¥54.4m (up 80% from 1Q 2023). Profit margin: 7.5% (up from 5.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 45%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Apr 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to CN¥71.58. The fair value is estimated to be CN¥59.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 211% in the next 2 years.お知らせ • Mar 30SG Micro Corp to Report Q1, 2024 Results on Apr 27, 2024SG Micro Corp announced that they will report Q1, 2024 results on Apr 27, 2024Buy Or Sell Opportunity • Mar 01Now 22% overvaluedOver the last 90 days, the stock has fallen 19% to CN¥72.95. The fair value is estimated to be CN¥59.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 55% in 2 years. Earnings are forecast to grow by 225% in the next 2 years.Buy Or Sell Opportunity • Feb 06Now 22% overvaluedOver the last 90 days, the stock has fallen 27% to CN¥66.85. The fair value is estimated to be CN¥54.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 218% in the next 2 years.お知らせ • Dec 29SG Micro Corp to Report Fiscal Year 2023 Results on Apr 27, 2024SG Micro Corp announced that they will report fiscal year 2023 results on Apr 27, 2024Price Target Changed • Nov 02Price target decreased by 8.6% to CN¥86.96Down from CN¥95.13, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of CN¥90.37. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥0.51 for next year compared to CN¥1.89 last year.Major Estimate Revision • Nov 01Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.70b to CN¥2.63b. EPS estimate also fell from CN¥0.742 per share to CN¥0.543 per share. Net income forecast to grow 147% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥94.26. Share price rose 7.0% to CN¥88.19 over the past week.New Risk • Oct 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (10.0% net profit margin).Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.46 in 3Q 2022). Revenue: CN¥732.7m (down 3.7% from 3Q 2022). Net income: CN¥52.4m (down 75% from 3Q 2022). Profit margin: 7.2% (down from 28% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 30% 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 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Oct 14Price target decreased by 18% to CN¥95.13Down from CN¥116, the current price target is an average from 10 analysts. New target price is 12% above last closing price of CN¥84.72. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥0.74 for next year compared to CN¥1.89 last year.Price Target Changed • Sep 07Price target decreased by 7.4% to CN¥116Down from CN¥125, the current price target is an average from 11 analysts. New target price is 42% above last closing price of CN¥81.74. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.77 for next year compared to CN¥1.89 last year.Major Estimate Revision • Sep 05Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.23b to CN¥2.83b. EPS estimate fell from CN¥1.51 to CN¥1.41 per share. Net income forecast to grow 93% next year vs 70% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥121. Share price rose 11% to CN¥83.42 over the past week.Reported Earnings • Aug 29Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.60 in 2Q 2022). Revenue: CN¥635.1m (down 28% from 2Q 2022). Net income: CN¥59.4m (down 79% from 2Q 2022). Profit margin: 9.4% (down from 32% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 29% 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 33% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥74.28, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Semiconductor industry in China. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥41.88 per share.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥85.73, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 40x in the Semiconductor industry in China. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.06 per share.お知らせ • Jun 13SG Micro Corp Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 16, 2023SG Micro Corp. announced final cash dividend of CNY 3.00 per 10 shares on A shares for the year 2022. Record date is June 15, 2023, Ex-Date is June 16, 2023 and Payment Date is June 16, 2023.Major Estimate Revision • Apr 30Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.88b to CN¥3.57b. EPS estimate also fell from CN¥3.08 per share to CN¥2.38 per share. Net income forecast to grow 48% next year vs 61% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥197 to CN¥180. Share price fell 16% to CN¥124 over the past week.Price Target Changed • Apr 29Price target decreased by 8.3% to CN¥180Down from CN¥197, the current price target is an average from 12 analysts. New target price is 45% above last closing price of CN¥124. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥2.78 for next year compared to CN¥2.45 last year.Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥124, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 33% over the past three years.Reported Earnings • Apr 23First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: CN¥0.084 (down from CN¥0.73 in 1Q 2022). Revenue: CN¥513.3m (down 34% from 1Q 2022). Net income: CN¥30.2m (down 88% from 1Q 2022). Profit margin: 5.9% (down from 34% in 1Q 2022). Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 84%. Revenue is forecast to grow 33% 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 47% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥187, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 131% over the past three years.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Qinghui Sheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Price Target Changed • Nov 11Price target decreased to CN¥184Down from CN¥201, the current price target is an average from 12 analysts. New target price is 19% above last closing price of CN¥155. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥2.79 for next year compared to CN¥1.98 last year.Major Estimate Revision • Nov 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.47b to CN¥3.14b. EPS estimate also fell from CN¥3.00 per share to CN¥2.66 per share. Net income forecast to grow 23% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥223 to CN¥201. Share price rose 9.2% to CN¥159 over the past week.Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.59 (up from CN¥0.54 in 3Q 2021). Revenue: CN¥760.9m (up 23% from 3Q 2021). Net income: CN¥210.7m (up 11% from 3Q 2021). Profit margin: 28% (down from 31% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 32% 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 64% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 29Price target decreased to CN¥205Down from CN¥223, the current price target is an average from 12 analysts. New target price is 41% above last closing price of CN¥146. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥2.95 for next year compared to CN¥1.98 last year.Reported Earnings • Aug 26Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: CN¥0.79 (up from CN¥0.53 in 2Q 2021). Revenue: CN¥876.1m (up 68% from 2Q 2021). Net income: CN¥279.7m (up 51% from 2Q 2021). Profit margin: 32% (down from 36% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates by 38%. Over the next year, revenue is forecast to grow 38%, compared to a 49% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17Sg Micro Corp Implements Final Profit Distribution Plan for 2021, Payable on June 22, 2022SG Micro Corp. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included) CNY 5.00000000. Record date is 21 June 2022, Ex-date is 22 June 2022, Payment date is 22 June 2022.お知らせ • May 17SG Micro Corp Approves Dividend for 2021SG Micro Corp. held its Annual General Meeting of 2021 on 13 May 2022 approved Cash dividend of CNY 5.00000000 per 10 shares (tax included).Major Estimate Revision • Apr 29Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥3.20b to CN¥3.25b. EPS estimate increased from CN¥3.83 to CN¥4.38 per share. Net income forecast to grow 23% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥400. Share price was steady at CN¥280 over the past week.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Qinghui Sheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Apr 26SG Micro Corp Announces Profit Distribution Proposal for 2021SG Micro Corp. announced on 25 April 2022 the profit distribution proposal for 2021. Cash dividend of CNY 5.00000000 per 10 shares (tax included).Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.81 (vs CN¥0.44 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥619.9m (up 56% from 3Q 2020). Net income: CN¥190.7m (up 86% from 3Q 2020). Profit margin: 31% (up from 26% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 136% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 19Price target increased to CN¥389Up from CN¥361, the current price target is an average from 12 analysts. New target price is 21% above last closing price of CN¥322. Stock is up 93% over the past year. The company is forecast to post earnings per share of CN¥2.45 for next year compared to CN¥1.24 last year.Price Target Changed • Sep 02Price target increased to CN¥340Up from CN¥315, the current price target is an average from 11 analysts. New target price is 11% above last closing price of CN¥305. Stock is up 54% over the past year.Board Change • Sep 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Qinghui Sheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.79 (vs CN¥0.32 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥521.5m (up 91% from 2Q 2020). Net income: CN¥185.1m (up 149% from 2Q 2020). Profit margin: 36% (up from 27% 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 50% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Jul 26Consensus EPS estimates increase to CN¥1.93The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.67b to CN¥1.76b. EPS estimate increased from CN¥1.74 to CN¥1.93 per share. Net income forecast to grow 45% next year vs 57% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥211 to CN¥269. Share price rose 8.9% to CN¥286 over the past week.Price Target Changed • Jul 21Price target increased to CN¥231Up from CN¥212, the current price target is an average from 9 analysts. New target price is 12% below last closing price of CN¥263. Stock is up 5.5% over the past year.Price Target Changed • Jun 20Price target decreased to CN¥141Down from CN¥205, the current price target is an average from 9 analysts. New target price is 32% below last closing price of CN¥207. Stock is up 18% over the past year.Major Estimate Revision • Jun 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from CN¥1.72 to CN¥1.15. Revenue forecast unchanged from CN¥1.66b at last update. Net income forecast to grow 29% next year vs 48% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥205 to CN¥141. Share price rose 6.2% to CN¥207 over the past week.Price Target Changed • Jun 18Price target decreased to CN¥176Down from CN¥214, the current price target is an average from 9 analysts. New target price is 14% below last closing price of CN¥205. Stock is up 17% over the past year.株主還元300661CN SemiconductorCN 市場7D-15.7%-20.7%-8.7%1Y40.6%84.3%10.0%株主還元を見る業界別リターン: 300661過去 1 年間で84.3 % 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: 300661過去 1 年間で10 % の収益を上げたCN市場を上回りました。価格変動Is 300661's price volatile compared to industry and market?300661 volatility300661 Average Weekly Movement9.9%Semiconductor Industry Average Movement11.2%Market Average Movement7.2%10% most volatile stocks in CN Market11.9%10% least volatile stocks in CN Market4.3%安定した株価: 300661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: 300661の weekly volatility ( 10% ) 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20071,835Shilong Zhangwww.sg-micro.comSGマイクロ社は、主に中国でアナログICの設計、マーケティング、販売を行っている。同社は、アンプ、コンパレータ、ヘッドフォンドライバ、オーディオドライバ、オーディオパワーアンプ、ビデオドライバ、クリックポップノイズサプレッサ、アナログおよび複合スイッチ、電圧基準、LDO、DC/DCコンバータ、LEDドライバ、ロードスイッチ、OVP IC、リチウムイオンバッテリ充電器、モータおよびゲートドライバ、アナログ/デジタルコンバータ、デジタル/アナログコンバータ、ロジックICを提供している。無線通信、民生、医療、車載、産業市場向けに製品を提供している。同社は2007年に設立され、中国の北京を拠点としている。もっと見るSG Micro Corp 基礎のまとめSG Micro の収益と売上を時価総額と比較するとどうか。300661 基礎統計学時価総額CN¥65.52b収益（TTM）CN¥610.99m売上高(TTM)CN¥4.21b108.6xPER（株価収益率15.8xP/Sレシオ300661 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300661 損益計算書（TTM）収益CN¥4.21b売上原価CN¥2.21b売上総利益CN¥2.00bその他の費用CN¥1.38b収益CN¥610.99m直近の収益報告Mar 31, 2026次回決算日Aug 29, 2026一株当たり利益（EPS）0.90グロス・マージン47.44%純利益率14.52%有利子負債／自己資本比率9.9%300661 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0.2%現在の配当利回り20%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2026/07/20 16:36終値2026/07/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SG Micro Corp 6 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。18 アナリスト機関Lin SuCCB International Securities LimitedYou You LiuChina Stock Investment Research Co. Ltd. (DeepValue.online)Tao XuCitic Securities Co., Ltd.15 その他のアナリストを表示
お知らせ • Jun 30SG Micro Corp to Report First Half, 2026 Results on Aug 29, 2026SG Micro Corp announced that they will report first half, 2026 results on Aug 29, 2026
お知らせ • Jun 27SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,659,700 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,941,300 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offering
お知らせ • Jun 19SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,658,512 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,942,488 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: Regulation S; Sponsor Backed Offering
Board Change • Jun 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Chunlin Tang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • May 29Price target increased by 18% to CN¥110Up from CN¥92.72, the current price target is an average from 5 analysts. New target price is 6.7% below last closing price of CN¥118. Stock is up 66% over the past year. The company is forecast to post earnings per share of CN¥1.36 for next year compared to CN¥0.89 last year.
Price Target Changed • May 08Price target increased by 9.3% to CN¥91.72Up from CN¥83.90, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥88.40. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥1.38 for next year compared to CN¥0.89 last year.
お知らせ • Jun 30SG Micro Corp to Report First Half, 2026 Results on Aug 29, 2026SG Micro Corp announced that they will report first half, 2026 results on Aug 29, 2026
お知らせ • Jun 27SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has completed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,659,700 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,941,300 Price\Range: HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: New Market Listing; Regulation S; Sponsor Backed Offering
お知らせ • Jun 19SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion.SG Micro Corp has filed a Follow-on Equity Offering in the amount of HKD 4.600902 billion. Security Name: H Shares Security Type: Common Stock Securities Offered: 5,400,200 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 21,658,512 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Security Name: H Shares Security Type: Common Stock Securities Offered: 26,942,488 Price(maximum): HKD 85.2 Discount Per Security: HKD 0.5964 Transaction Features: Regulation S; Sponsor Backed Offering
Board Change • Jun 17Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Chunlin Tang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • May 29Price target increased by 18% to CN¥110Up from CN¥92.72, the current price target is an average from 5 analysts. New target price is 6.7% below last closing price of CN¥118. Stock is up 66% over the past year. The company is forecast to post earnings per share of CN¥1.36 for next year compared to CN¥0.89 last year.
Price Target Changed • May 08Price target increased by 9.3% to CN¥91.72Up from CN¥83.90, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥88.40. Stock is up 18% over the past year. The company is forecast to post earnings per share of CN¥1.38 for next year compared to CN¥0.89 last year.
Upcoming Dividend • May 01Upcoming dividend of CN¥0.20 per shareEligible shareholders must have bought the stock before 08 May 2026. Payment date: 08 May 2026. Payout ratio is a comfortable 20% and the cash payout ratio is 89%. Trailing yield: 0.2%. Lower than top quartile of Chinese dividend payers (1.9%). Lower than average of industry peers (0.4%).
New Risk • Apr 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% 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 (8.3% average weekly change). Large one-off items impacting financial results.
お知らせ • Mar 31SG Micro Corp to Report Q1, 2026 Results on Apr 27, 2026SG Micro Corp announced that they will report Q1, 2026 results on Apr 27, 2026
New Risk • Mar 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: CN¥0.89 (up from CN¥0.82 in FY 2024). Revenue: CN¥3.90b (up 17% from FY 2024). Net income: CN¥547.1m (up 9.4% from FY 2024). Profit margin: 14% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Mar 28SG Micro Corp, Annual General Meeting, Apr 20, 2026SG Micro Corp, Annual General Meeting, Apr 20, 2026, at 14:30 China Standard Time. Location: Tower D, No. 87, Xisanhuan North Road, Haidian District, Beijing China
お知らせ • Dec 31SG Micro Corp to Report Fiscal Year 2025 Results on Mar 28, 2026SG Micro Corp announced that they will report fiscal year 2025 results on Mar 28, 2026
Major Estimate Revision • Oct 31Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥4.07b to CN¥3.81b. EPS estimate also fell from CN¥1.08 per share to CN¥0.94 per share. Net income forecast to grow 46% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥88.93. Share price fell 5.7% to CN¥73.70 over the past week.
Reported Earnings • Oct 25Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.17 in 3Q 2024). Revenue: CN¥981.8m (up 13% from 3Q 2024). Net income: CN¥142.4m (up 34% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30SG Micro Corp to Report Q3, 2025 Results on Oct 25, 2025SG Micro Corp announced that they will report Q3, 2025 results on Oct 25, 2025
New Risk • Sep 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% 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.
Reported Earnings • Aug 29Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.20 in 2Q 2024). Revenue: CN¥1.03b (up 22% from 2Q 2024). Net income: CN¥141.1m (up 14% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 17%. 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 fallen by 31% 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.
お知らせ • Jul 02SG Micro Corp to Report First Half, 2025 Results on Aug 29, 2025SG Micro Corp announced that they will report first half, 2025 results on Aug 29, 2025
Major Estimate Revision • Jun 24Consensus EPS estimates increase by 10%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥1.03 to CN¥1.14. Revenue forecast unchanged at CN¥4.14b. Net income forecast to grow 46% next year vs 57% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥83.55. Share price rose 3.2% to CN¥71.22 over the past week.
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥69.24, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 36x in the Semiconductor industry in China. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥44.15 per share.
Declared Dividend • Jun 16Dividend increased to CN¥0.20Dividend of CN¥0.20 is 100% higher than last year. Ex-date: 20th June 2025 Payment date: 20th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 19%. Cash payout ratio: 25%.
お知らせ • May 27SG Micro Corp Approves Cash Dividend for the Year 2024SG Micro Corp. at its AGM held on May 23, 2025 approved cash dividend of CNY 2.00 per 10 shares (tax included) for 2024.
Reported Earnings • May 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: CN¥0.13 (up from CN¥0.12 in 1Q 2024). Revenue: CN¥789.6m (up 8.3% from 1Q 2024). Net income: CN¥59.8m (up 9.9% from 1Q 2024). Profit margin: 7.6% (up from 7.5% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 49%. 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 fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 29SG Micro Corp, Annual General Meeting, May 23, 2025SG Micro Corp, Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: Tower D, No. 87, Xisanhuan North Road, Haidian District, Beijing China
New Risk • Apr 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Price Target Changed • Apr 09Price target increased by 9.3% to CN¥102Up from CN¥92.93, the current price target is an average from 9 analysts. New target price is 5.2% above last closing price of CN¥96.57. Stock is up 61% over the past year. The company is forecast to post earnings per share of CN¥0.92 for next year compared to CN¥0.60 last year.
お知らせ • Mar 31SG Micro Corp to Report Q1, 2025 Results on Apr 29, 2025SG Micro Corp announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Jan 17Now 37% overvaluedOver the last 90 days, the stock has fallen 3.9% to CN¥91.80. The fair value is estimated to be CN¥67.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 33%. Revenue is forecast to grow by 52% in 2 years. Earnings are forecast to grow by 113% in the next 2 years.
お知らせ • Dec 31SG Micro Corp to Report Fiscal Year 2024 Results on Apr 29, 2025SG Micro Corp announced that they will report fiscal year 2024 results on Apr 29, 2025
Price Target Changed • Nov 01Price target increased by 7.9% to CN¥92.84Up from CN¥86.07, the current price target is an average from 10 analysts. New target price is 6.3% above last closing price of CN¥87.32. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of CN¥0.88 for next year compared to CN¥0.60 last year.
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥1.01 to CN¥0.883 per share. Revenue forecast steady at CN¥3.27b. Net income forecast to grow 54% next year vs 60% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.51 to CN¥92.84. Share price fell 8.2% to CN¥87.32 over the past week.
Reported Earnings • Oct 26Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.23 (up from CN¥0.11 in 3Q 2023). Revenue: CN¥868.4m (up 19% from 3Q 2023). Net income: CN¥106.3m (up 103% from 3Q 2023). Profit margin: 12% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 36%. Revenue is forecast to grow 21% 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 33% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
New Risk • Sep 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% 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 (8.2% average weekly change). Large one-off items impacting financial results.
お知らせ • Sep 30SG Micro Corp to Report Q3, 2024 Results on Oct 26, 2024SG Micro Corp announced that they will report Q3, 2024 results on Oct 26, 2024
お知らせ • Sep 21SG Micro Corp Appoints Du Meijie and Tang Chunlin Independent DirectorsSG Micro Corp. at its EGM held on 19 September 2024 approved appointment of Du Meijie and Tang Chunlin independent directors.
New Risk • Sep 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 31Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: CN¥0.26 (up from CN¥0.13 in 2Q 2023). Revenue: CN¥847.4m (up 33% from 2Q 2023). Net income: CN¥124.3m (up 109% from 2Q 2023). Profit margin: 15% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 5.0%. Revenue is forecast to grow 20% 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 25% per year whereas the company’s share price has fallen by 22% per year.
お知らせ • Jun 29SG Micro Corp to Report First Half, 2024 Results on Aug 30, 2024SG Micro Corp announced that they will report first half, 2024 results on Aug 30, 2024
Declared Dividend • Jun 14Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 0.1%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 15%. Cash payout ratio: 45%.
Major Estimate Revision • May 03Consensus EPS estimates fall by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.41b to CN¥3.25b. EPS estimate also fell from CN¥1.38 per share to CN¥1.08 per share. Net income forecast to grow 91% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥86.08 to CN¥82.42. Share price rose 7.0% to CN¥76.87 over the past week.
お知らせ • Apr 29SG Micro Corp, Annual General Meeting, May 17, 2024SG Micro Corp, Annual General Meeting, May 17, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Beijing China
Reported Earnings • Apr 28First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: CN¥0.12 (up from CN¥0.065 in 1Q 2023). Revenue: CN¥729.0m (up 42% from 1Q 2023). Net income: CN¥54.4m (up 80% from 1Q 2023). Profit margin: 7.5% (up from 5.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) missed analyst estimates by 45%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Apr 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to CN¥71.58. The fair value is estimated to be CN¥59.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 54% in 2 years. Earnings are forecast to grow by 211% in the next 2 years.
お知らせ • Mar 30SG Micro Corp to Report Q1, 2024 Results on Apr 27, 2024SG Micro Corp announced that they will report Q1, 2024 results on Apr 27, 2024
Buy Or Sell Opportunity • Mar 01Now 22% overvaluedOver the last 90 days, the stock has fallen 19% to CN¥72.95. The fair value is estimated to be CN¥59.82, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 55% in 2 years. Earnings are forecast to grow by 225% in the next 2 years.
Buy Or Sell Opportunity • Feb 06Now 22% overvaluedOver the last 90 days, the stock has fallen 27% to CN¥66.85. The fair value is estimated to be CN¥54.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 57% in 2 years. Earnings are forecast to grow by 218% in the next 2 years.
お知らせ • Dec 29SG Micro Corp to Report Fiscal Year 2023 Results on Apr 27, 2024SG Micro Corp announced that they will report fiscal year 2023 results on Apr 27, 2024
Price Target Changed • Nov 02Price target decreased by 8.6% to CN¥86.96Down from CN¥95.13, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of CN¥90.37. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥0.51 for next year compared to CN¥1.89 last year.
Major Estimate Revision • Nov 01Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥2.70b to CN¥2.63b. EPS estimate also fell from CN¥0.742 per share to CN¥0.543 per share. Net income forecast to grow 147% next year vs 71% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥94.26. Share price rose 7.0% to CN¥88.19 over the past week.
New Risk • Oct 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (10.0% net profit margin).
Reported Earnings • Oct 26Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CN¥0.11 (down from CN¥0.46 in 3Q 2022). Revenue: CN¥732.7m (down 3.7% from 3Q 2022). Net income: CN¥52.4m (down 75% from 3Q 2022). Profit margin: 7.2% (down from 28% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 60%. Revenue is forecast to grow 30% 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 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Oct 14Price target decreased by 18% to CN¥95.13Down from CN¥116, the current price target is an average from 10 analysts. New target price is 12% above last closing price of CN¥84.72. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥0.74 for next year compared to CN¥1.89 last year.
Price Target Changed • Sep 07Price target decreased by 7.4% to CN¥116Down from CN¥125, the current price target is an average from 11 analysts. New target price is 42% above last closing price of CN¥81.74. Stock is down 32% over the past year. The company is forecast to post earnings per share of CN¥0.77 for next year compared to CN¥1.89 last year.
Major Estimate Revision • Sep 05Consensus revenue estimates fall by 13%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.23b to CN¥2.83b. EPS estimate fell from CN¥1.51 to CN¥1.41 per share. Net income forecast to grow 93% next year vs 70% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥121. Share price rose 11% to CN¥83.42 over the past week.
Reported Earnings • Aug 29Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.60 in 2Q 2022). Revenue: CN¥635.1m (down 28% from 2Q 2022). Net income: CN¥59.4m (down 79% from 2Q 2022). Profit margin: 9.4% (down from 32% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 29% 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 33% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥74.28, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Semiconductor industry in China. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥41.88 per share.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥85.73, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 40x in the Semiconductor industry in China. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥42.06 per share.
お知らせ • Jun 13SG Micro Corp Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 16, 2023SG Micro Corp. announced final cash dividend of CNY 3.00 per 10 shares on A shares for the year 2022. Record date is June 15, 2023, Ex-Date is June 16, 2023 and Payment Date is June 16, 2023.
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥3.88b to CN¥3.57b. EPS estimate also fell from CN¥3.08 per share to CN¥2.38 per share. Net income forecast to grow 48% next year vs 61% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥197 to CN¥180. Share price fell 16% to CN¥124 over the past week.
Price Target Changed • Apr 29Price target decreased by 8.3% to CN¥180Down from CN¥197, the current price target is an average from 12 analysts. New target price is 45% above last closing price of CN¥124. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥2.78 for next year compared to CN¥2.45 last year.
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥124, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Apr 23First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: CN¥0.084 (down from CN¥0.73 in 1Q 2022). Revenue: CN¥513.3m (down 34% from 1Q 2022). Net income: CN¥30.2m (down 88% from 1Q 2022). Profit margin: 5.9% (down from 34% in 1Q 2022). Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 84%. Revenue is forecast to grow 33% 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 47% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥187, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 36x in the Semiconductor industry in China. Total returns to shareholders of 131% over the past three years.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Qinghui Sheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Price Target Changed • Nov 11Price target decreased to CN¥184Down from CN¥201, the current price target is an average from 12 analysts. New target price is 19% above last closing price of CN¥155. Stock is down 37% over the past year. The company is forecast to post earnings per share of CN¥2.79 for next year compared to CN¥1.98 last year.
Major Estimate Revision • Nov 04Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥3.47b to CN¥3.14b. EPS estimate also fell from CN¥3.00 per share to CN¥2.66 per share. Net income forecast to grow 23% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥223 to CN¥201. Share price rose 9.2% to CN¥159 over the past week.
Reported Earnings • Oct 30Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.59 (up from CN¥0.54 in 3Q 2021). Revenue: CN¥760.9m (up 23% from 3Q 2021). Net income: CN¥210.7m (up 11% from 3Q 2021). Profit margin: 28% (down from 31% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 32% 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 64% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 29Price target decreased to CN¥205Down from CN¥223, the current price target is an average from 12 analysts. New target price is 41% above last closing price of CN¥146. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥2.95 for next year compared to CN¥1.98 last year.
Reported Earnings • Aug 26Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: CN¥0.79 (up from CN¥0.53 in 2Q 2021). Revenue: CN¥876.1m (up 68% from 2Q 2021). Net income: CN¥279.7m (up 51% from 2Q 2021). Profit margin: 32% (down from 36% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates by 38%. Over the next year, revenue is forecast to grow 38%, compared to a 49% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17Sg Micro Corp Implements Final Profit Distribution Plan for 2021, Payable on June 22, 2022SG Micro Corp. announced 2021 final profit distribution plan to be implemented (A shares) as Cash dividend/10 shares (tax included) CNY 5.00000000. Record date is 21 June 2022, Ex-date is 22 June 2022, Payment date is 22 June 2022.
お知らせ • May 17SG Micro Corp Approves Dividend for 2021SG Micro Corp. held its Annual General Meeting of 2021 on 13 May 2022 approved Cash dividend of CNY 5.00000000 per 10 shares (tax included).
Major Estimate Revision • Apr 29Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥3.20b to CN¥3.25b. EPS estimate increased from CN¥3.83 to CN¥4.38 per share. Net income forecast to grow 23% next year vs 45% growth forecast for Semiconductor industry in China. Consensus price target broadly unchanged at CN¥400. Share price was steady at CN¥280 over the past week.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Qinghui Sheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Apr 26SG Micro Corp Announces Profit Distribution Proposal for 2021SG Micro Corp. announced on 25 April 2022 the profit distribution proposal for 2021. Cash dividend of CNY 5.00000000 per 10 shares (tax included).
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS CN¥0.81 (vs CN¥0.44 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥619.9m (up 56% from 3Q 2020). Net income: CN¥190.7m (up 86% from 3Q 2020). Profit margin: 31% (up from 26% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 136% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 19Price target increased to CN¥389Up from CN¥361, the current price target is an average from 12 analysts. New target price is 21% above last closing price of CN¥322. Stock is up 93% over the past year. The company is forecast to post earnings per share of CN¥2.45 for next year compared to CN¥1.24 last year.
Price Target Changed • Sep 02Price target increased to CN¥340Up from CN¥315, the current price target is an average from 11 analysts. New target price is 11% above last closing price of CN¥305. Stock is up 54% over the past year.
Board Change • Sep 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Qinghui Sheng was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.79 (vs CN¥0.32 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥521.5m (up 91% from 2Q 2020). Net income: CN¥185.1m (up 149% from 2Q 2020). Profit margin: 36% (up from 27% 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 50% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Jul 26Consensus EPS estimates increase to CN¥1.93The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥1.67b to CN¥1.76b. EPS estimate increased from CN¥1.74 to CN¥1.93 per share. Net income forecast to grow 45% next year vs 57% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥211 to CN¥269. Share price rose 8.9% to CN¥286 over the past week.
Price Target Changed • Jul 21Price target increased to CN¥231Up from CN¥212, the current price target is an average from 9 analysts. New target price is 12% below last closing price of CN¥263. Stock is up 5.5% over the past year.
Price Target Changed • Jun 20Price target decreased to CN¥141Down from CN¥205, the current price target is an average from 9 analysts. New target price is 32% below last closing price of CN¥207. Stock is up 18% over the past year.
Major Estimate Revision • Jun 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from CN¥1.72 to CN¥1.15. Revenue forecast unchanged from CN¥1.66b at last update. Net income forecast to grow 29% next year vs 48% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥205 to CN¥141. Share price rose 6.2% to CN¥207 over the past week.
Price Target Changed • Jun 18Price target decreased to CN¥176Down from CN¥214, the current price target is an average from 9 analysts. New target price is 14% below last closing price of CN¥205. Stock is up 17% over the past year.
