View ValuationFocuslight Technologies 将来の成長Future 基準チェック /06現在、 Focuslight Technologiesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Semiconductor 収益成長46.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジLow最終更新日14 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 19, 2026Focuslight Technologies Inc, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi Chinaお知らせ • Mar 30Focuslight Technologies Inc to Report Q1, 2026 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report Q1, 2026 results on Apr 29, 2026お知らせ • Dec 26Focuslight Technologies Inc to Report Fiscal Year 2025 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report fiscal year 2025 results on Apr 29, 2026お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2025 Results on Oct 30, 2025Focuslight Technologies Inc announced that they will report Q3, 2025 results on Oct 30, 2025お知らせ • Jun 30Focuslight Technologies Inc to Report First Half, 2025 Results on Aug 29, 2025Focuslight Technologies Inc announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Apr 26Focuslight Technologies Inc, Annual General Meeting, May 16, 2025Focuslight Technologies Inc, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi Chinaお知らせ • Apr 09Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 40 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price of CNY 100 per share. The shares repurchased will be used for cancellation and reduction of the company's registered capital. The repurchase will be funded through the company’s own funds. The program will be valid for a period of 12 months from the date the shareholders' meeting approval.お知らせ • Mar 28Focuslight Technologies Inc to Report Q1, 2025 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Dec 27Focuslight Technologies Inc to Report Fiscal Year 2024 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report fiscal year 2024 results on Apr 26, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.19 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥146.9m (up 1.5% from 3Q 2023). Net loss: CN¥23.7m (down 242% from profit in 3Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2024 Results on Oct 30, 2024Focuslight Technologies Inc announced that they will report Q3, 2024 results on Oct 30, 2024New Risk • Sep 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 68% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin).New Risk • Sep 06New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 0.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).お知らせ • Sep 03Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS).Focuslight Technologies Inc (SHSE:688167) signed an agreement to acquire Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) for €45 million on May 7, 2024. The transaction is subject to closing conditions and subject to approval from the Chinese regulatory authorities and Focuslight shareholder's. As of June 27, 2024, Focuslight Technologies shareholders approved the deal. The transaction is expected to close in the third quarter of 2024. Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) on September 2, 2024. ams OSRAM has received the transaction price of €45 million in cash from Focuslight Technologies.New Risk • Jul 31New 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 7.1% 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 (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).お知らせ • Jun 29Focuslight Technologies Inc to Report First Half, 2024 Results on Aug 29, 2024Focuslight Technologies Inc announced that they will report first half, 2024 results on Aug 29, 2024お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 17, 2024Focuslight Technologies Inc, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi ChinaReported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.17 profit in 1Q 2023)First quarter 2024 results: CN¥0.18 loss per share (down from CN¥0.17 profit in 1Q 2023). Revenue: CN¥137.0m (up 17% from 1Q 2023). Net loss: CN¥16.2m (down 207% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.お知らせ • Mar 29Focuslight Technologies Inc to Report Q1, 2024 Results on Apr 27, 2024Focuslight Technologies Inc announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Feb 27Full year 2023 earnings released: EPS: CN¥1.00 (vs CN¥1.41 in FY 2022)Full year 2023 results: EPS: CN¥1.00 (down from CN¥1.41 in FY 2022). Revenue: CN¥561.2m (up 1.7% from FY 2022). Net income: CN¥89.7m (down 29% from FY 2022). Profit margin: 16% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥74.08, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 25x in the Semiconductor industry in China.お知らせ • Jan 27Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 50 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 120 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.お知らせ • Nov 14Focuslight Technologies Inc (SHSE:688167) commences an Equity Buyback Plan for CNY 50.4 million worth of its shares, under the authorization granted on September 11, 2023.Focuslight Technologies Inc (SHSE:688167) commences share repurchases on November 10, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 11, 2023. As per the mandate, the company is authorized to repurchase its CNY 50.40 million worth of its common shares. The shares will be purchased at a price not exceeding CNY 120 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.New Risk • Nov 09New 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 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (23% accrual ratio).Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥116.7m (up 5.6% from 1Q 2022). Net income: CN¥15.2m (down 25% from 1Q 2022). Profit margin: 13% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.Board Change • Mar 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Focuslight Technologies は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測XSSC:688167 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20261,048107N/AN/A13/31/2026916-23N/AN/AN/A12/31/2025880-42N/AN/AN/A9/30/2025775-121-9615N/A6/30/2025702-172-560-78N/A3/31/2025653-191-556-63N/A12/31/2024620-175-562-98N/A9/30/2024635-4-42894N/A6/30/202463336-23126N/A3/31/20245815946159N/A12/31/20235619116157N/A9/30/202353763-8336N/A6/30/202352884-9436N/A3/31/2023558122-209-22N/A12/31/2022552127-14715N/A9/30/2022532118-12335N/A6/30/2022522104-13318N/A3/31/202249579-6429N/A12/31/202147668-3142N/A9/30/202143866367N/A12/31/202036035-2037N/A12/31/2019335-80N/A-25N/A12/31/201835519N/A14N/A6/30/201719032N/A-29N/A3/31/201716125N/A-20N/A12/31/201613119N/A-11N/A9/30/201612825N/A15N/A6/30/201612631N/A41N/A3/31/201612726N/A35N/A12/31/201512822N/A29N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 688167の予測収益成長が 貯蓄率 ( 2.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 688167の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 688167の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 688167の収益がCN市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 688167の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 688167の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSemiconductors 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 21:51終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Focuslight Technologies Inc 1 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。6 アナリスト機関Xinyi ZhengChina International Capital Corporation LimitedXiaofei ZhangHaitong International Research LimitedJohnson WanJefferies LLC3 その他のアナリストを表示
お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 19, 2026Focuslight Technologies Inc, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China
お知らせ • Mar 30Focuslight Technologies Inc to Report Q1, 2026 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report Q1, 2026 results on Apr 29, 2026
お知らせ • Dec 26Focuslight Technologies Inc to Report Fiscal Year 2025 Results on Apr 29, 2026Focuslight Technologies Inc announced that they will report fiscal year 2025 results on Apr 29, 2026
お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2025 Results on Oct 30, 2025Focuslight Technologies Inc announced that they will report Q3, 2025 results on Oct 30, 2025
お知らせ • Jun 30Focuslight Technologies Inc to Report First Half, 2025 Results on Aug 29, 2025Focuslight Technologies Inc announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Apr 26Focuslight Technologies Inc, Annual General Meeting, May 16, 2025Focuslight Technologies Inc, Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China
お知らせ • Apr 09Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 40 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be repurchased at a price of CNY 100 per share. The shares repurchased will be used for cancellation and reduction of the company's registered capital. The repurchase will be funded through the company’s own funds. The program will be valid for a period of 12 months from the date the shareholders' meeting approval.
お知らせ • Mar 28Focuslight Technologies Inc to Report Q1, 2025 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Dec 27Focuslight Technologies Inc to Report Fiscal Year 2024 Results on Apr 26, 2025Focuslight Technologies Inc announced that they will report fiscal year 2024 results on Apr 26, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.19 profit in 3Q 2023)Third quarter 2024 results: CN¥0.27 loss per share (down from CN¥0.19 profit in 3Q 2023). Revenue: CN¥146.9m (up 1.5% from 3Q 2023). Net loss: CN¥23.7m (down 242% from profit in 3Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China.
お知らせ • Sep 30Focuslight Technologies Inc to Report Q3, 2024 Results on Oct 30, 2024Focuslight Technologies Inc announced that they will report Q3, 2024 results on Oct 30, 2024
New Risk • Sep 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 68% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.7% net profit margin).
New Risk • Sep 06New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 0.7% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).
お知らせ • Sep 03Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS).Focuslight Technologies Inc (SHSE:688167) signed an agreement to acquire Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) for €45 million on May 7, 2024. The transaction is subject to closing conditions and subject to approval from the Chinese regulatory authorities and Focuslight shareholder's. As of June 27, 2024, Focuslight Technologies shareholders approved the deal. The transaction is expected to close in the third quarter of 2024. Focuslight Technologies Inc (SHSE:688167) completed the acquisition of Passive Optical Components Assets of ams OSRAM AG (SWX:AMS) on September 2, 2024. ams OSRAM has received the transaction price of €45 million in cash from Focuslight Technologies.
New Risk • Jul 31New 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 7.1% 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 (7.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (10% net profit margin).
お知らせ • Jun 29Focuslight Technologies Inc to Report First Half, 2024 Results on Aug 29, 2024Focuslight Technologies Inc announced that they will report first half, 2024 results on Aug 29, 2024
お知らせ • Apr 29Focuslight Technologies Inc, Annual General Meeting, May 17, 2024Focuslight Technologies Inc, Annual General Meeting, May 17, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Xi'an, Shaanxi China
Reported Earnings • Apr 28First quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.17 profit in 1Q 2023)First quarter 2024 results: CN¥0.18 loss per share (down from CN¥0.17 profit in 1Q 2023). Revenue: CN¥137.0m (up 17% from 1Q 2023). Net loss: CN¥16.2m (down 207% from profit in 1Q 2023). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.
お知らせ • Mar 29Focuslight Technologies Inc to Report Q1, 2024 Results on Apr 27, 2024Focuslight Technologies Inc announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Feb 27Full year 2023 earnings released: EPS: CN¥1.00 (vs CN¥1.41 in FY 2022)Full year 2023 results: EPS: CN¥1.00 (down from CN¥1.41 in FY 2022). Revenue: CN¥561.2m (up 1.7% from FY 2022). Net income: CN¥89.7m (down 29% from FY 2022). Profit margin: 16% (down from 23% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥74.08, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 25x in the Semiconductor industry in China.
お知らせ • Jan 27Focuslight Technologies Inc (SHSE:688167) announces an Equity Buyback for CNY 50 million worth of its shares.Focuslight Technologies Inc (SHSE:688167) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 120 per share. The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.
お知らせ • Nov 14Focuslight Technologies Inc (SHSE:688167) commences an Equity Buyback Plan for CNY 50.4 million worth of its shares, under the authorization granted on September 11, 2023.Focuslight Technologies Inc (SHSE:688167) commences share repurchases on November 10, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 11, 2023. As per the mandate, the company is authorized to repurchase its CNY 50.40 million worth of its common shares. The shares will be purchased at a price not exceeding CNY 120 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and excess funds obtained from the issuance of ordinary share. The program will be valid for 12 months.
New Risk • Nov 09New 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 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (23% accrual ratio).
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.17 (vs CN¥0.22 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.17 (down from CN¥0.22 in 1Q 2022). Revenue: CN¥116.7m (up 5.6% from 1Q 2022). Net income: CN¥15.2m (down 25% from 1Q 2022). Profit margin: 13% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.
Board Change • Mar 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.