View Future GrowthShanghai Fullhan Microelectronics 過去の業績過去 基準チェック /16Shanghai Fullhan Microelectronicsの収益は年間平均-10.4%の割合で減少していますが、 Semiconductor業界の収益は年間 増加しています。収益は年間2.8% 3.7%割合で 増加しています。 Shanghai Fullhan Microelectronicsの自己資本利益率は6.4%であり、純利益率は11.2%です。主要情報-10.41%収益成長率-10.51%EPS成長率Semiconductor 業界の成長27.30%収益成長率3.73%株主資本利益率6.35%ネット・マージン11.16%次回の業績アップデート28 Aug 2026最近の業績更新お知らせ • Jun 30Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026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すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jul 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥59.96, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 133x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.お知らせ • Jun 30Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Valuation 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.Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Wenjun Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.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.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 • 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.New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% 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 (11% average weekly change). Large one-off items impacting financial results.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 17% per year.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.Buy Or Sell Opportunity • Sep 30Now 26% 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¥33.99, 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.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, 2024Valuation Update With 7 Day Price Move • Sep 28Investor 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 29x 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.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥41.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.41 per share.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¥44.34, 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, 2024Buy 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¥43.19, 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.Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥34.97, 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 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.86 per share.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 released: EPS: CN¥1.10 (vs CN¥1.74 in FY 2022)Full 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 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 12% 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.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¥30.30, 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, 2024Reported 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 11New 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.Board Change • May 19Less 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 released: EPS: CN¥1.74 (vs CN¥1.60 in FY 2021)Full 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 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 38x 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¥131 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¥132 per share.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 29Third 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 23% 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 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥82.90, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 38x in the Semiconductor industry in China. Total returns to shareholders of 370% 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.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 released: EPS: CN¥0.85 (vs CN¥0.29 in 1Q 2021)First 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. 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 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥3.03 (vs CN¥0.73 in FY 2020)Full 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. 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 391% over the past three years.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥189, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 49x in the Semiconductor industry in China. Total returns to shareholders of 411% 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 76% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 27Second 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.Reported Earnings • May 01First 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.Is New 90 Day High Low • Mar 10New 90-day high: CN¥170The company is up 25% from its price of CN¥136 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 8.0% 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 05 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 19New 90-day high: CN¥152The company is up 1.0% from its price of CN¥151 on 21 September 2020. The Chinese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it 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.Is New 90 Day High Low • Nov 01New 90-day low: CN¥119The company is down 5.0% from its price of CN¥125 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 9.0% over the same period.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥45.8m, down 45% from the prior year. Total revenue was CN¥530.3m over the last 12 months, up 8.8% from the prior year.収支内訳Shanghai Fullhan Microelectronics の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XSEC:300613 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 261,93021519335631 Dec 251,69014518335130 Sep 251,62915417036430 Jun 251,67817615735431 Mar 251,75123615435031 Dec 241,79025815235030 Sep 241,77525815334230 Jun 241,73922915135431 Mar 241,76523014935431 Dec 231,82225214833530 Sep 231,73823013531230 Jun 231,83028413329631 Mar 232,01235512930601 Jan 232,11139812530130 Sep 222,15944213328030 Jun 222,16346712527831 Mar 222,02043112427301 Jan 221,71736410425030 Sep 211,5083167623330 Jun 211,0461825717831 Mar 21665923512831 Dec 20610883311430 Sep 20530463411530 Jun 20585893711531 Mar 205871384011031 Dec 19522824713530 Sep 19487834914830 Jun 19427535115231 Mar 19418135315231 Dec 18412544611930 Sep 1842874-714830 Jun 18460871311931 Mar 1845194218731 Dec 17449106347130 Sep 1739499103030 Jun 1736811585031 Mar 1733311582031 Dec 1632211277031 Dec 1518237590質の高い収益: 300613は 高品質の収益 を持っています。利益率の向上: 300613の現在の純利益率 (11.2%)は、昨年(13.5%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 300613の収益は過去 5 年間で年間10.4%減少しました。成長の加速: 300613は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 300613は過去 1 年間で収益成長率がマイナス ( -8.8% ) となったため、 Semiconductor業界平均 ( 5.2% ) と比較することが困難です。株主資本利益率高いROE: 300613の 自己資本利益率 ( 6.4% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSemiconductors 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/18 19:51終値2026/07/17 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
お知らせ • Jun 30Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
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
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
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
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
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥59.96, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 133x in the Semiconductor industry in China. Negligible returns to shareholders over past three years.
お知らせ • Jun 30Shanghai Fullhan Microelectronics Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Shanghai Fullhan Microelectronics Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
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.
Board Change • May 20Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Wenjun Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
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
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
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
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
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.
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
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 • 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.
New Risk • Nov 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 29% 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 (11% average weekly change). Large one-off items impacting financial results.
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 17% per year.
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.
Buy Or Sell Opportunity • Sep 30Now 26% 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¥33.99, 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.
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
Valuation Update With 7 Day Price Move • Sep 28Investor 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 29x 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.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥41.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 32x in the Semiconductor industry in China. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.41 per share.
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¥44.34, 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
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¥43.19, 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.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥34.97, 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 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥43.86 per share.
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 released: EPS: CN¥1.10 (vs CN¥1.74 in FY 2022)Full 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 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 12% 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.
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¥30.30, 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
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 11New 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.
Board Change • May 19Less 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 released: EPS: CN¥1.74 (vs CN¥1.60 in FY 2021)Full 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 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 38x 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¥131 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¥132 per share.
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 29Third 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 23% 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 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥82.90, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 38x in the Semiconductor industry in China. Total returns to shareholders of 370% 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.
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 released: EPS: CN¥0.85 (vs CN¥0.29 in 1Q 2021)First 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. 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 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥3.03 (vs CN¥0.73 in FY 2020)Full 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. 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 391% over the past three years.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥189, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 49x in the Semiconductor industry in China. Total returns to shareholders of 411% 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 76% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 27Second 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.
Reported Earnings • May 01First 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.
Is New 90 Day High Low • Mar 10New 90-day high: CN¥170The company is up 25% from its price of CN¥136 on 10 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 8.0% 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 05 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 19New 90-day high: CN¥152The company is up 1.0% from its price of CN¥151 on 21 September 2020. The Chinese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it 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.
Is New 90 Day High Low • Nov 01New 90-day low: CN¥119The company is down 5.0% from its price of CN¥125 on 03 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 9.0% over the same period.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥45.8m, down 45% from the prior year. Total revenue was CN¥530.3m over the last 12 months, up 8.8% from the prior year.