View ValuationMaxscend Microelectronics 将来の成長Future 基準チェック /56Maxscend Microelectronics利益と収益がそれぞれ年間59.7%と20%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に6.5% 49.3%なると予測されています。主要情報59.7%収益成長率49.34%EPS成長率Electronic 収益成長32.6%収益成長率20.0%将来の株主資本利益率6.51%アナリストカバレッジGood最終更新日13 May 2026今後の成長に関する最新情報Price Target Changed • May 06Price target increased by 8.5% to CN¥80.78Up from CN¥74.43, the current price target is an average from 13 analysts. New target price is 22% below last closing price of CN¥103. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥1.18 next year compared to a net loss per share of CN¥0.55 last year.Major Estimate Revision • May 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.38b to CN¥4.75b. EPS estimate fell from CN¥1.50 to CN¥0.652 per share. Net income forecast to grow 250% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥82.42 to CN¥77.87. Share price rose 2.9% to CN¥74.85 over the past week.Major Estimate Revision • Apr 15Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥1.30 to CN¥1.52. Revenue forecast steady at CN¥5.38b. Net income forecast to grow 39% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥89.53 to CN¥82.90. Share price rose 12% to CN¥81.18 over the past week.Price Target Changed • Apr 10Price target decreased by 7.2% to CN¥82.90Down from CN¥89.31, the current price target is an average from 16 analysts. New target price is 10% above last closing price of CN¥75.16. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.75 last year.Major Estimate Revision • Apr 06Consensus EPS estimates fall by 27%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥5.30b to CN¥5.39b. EPS estimate fell from CN¥1.54 to CN¥1.13 per share. Net income forecast to grow 46% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥92.94 to CN¥89.53. Share price was steady at CN¥80.20 over the past week.Major Estimate Revision • Mar 05Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.83b to CN¥5.30b. EPS estimate also fell from CN¥2.12 per share to CN¥1.26 per share. Net income forecast to shrink 16% next year vs 49% growth forecast for Electronic industry in China . Consensus price target broadly unchanged at CN¥92.94. Share price fell 7.4% to CN¥84.80 over the past week.すべての更新を表示Recent updatesPrice Target Changed • May 06Price target increased by 8.5% to CN¥80.78Up from CN¥74.43, the current price target is an average from 13 analysts. New target price is 22% below last closing price of CN¥103. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥1.18 next year compared to a net loss per share of CN¥0.55 last year.Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.55 loss per share (vs CN¥0.75 profit in FY 2024)Full year 2025 results: CN¥0.55 loss per share (down from CN¥0.75 profit in FY 2024). Revenue: CN¥3.73b (down 17% from FY 2024). Net loss: CN¥292.9m (down 173% from profit in FY 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • Apr 28Maxscend Microelectronics Company Limited, Annual General Meeting, May 19, 2026Maxscend Microelectronics Company Limited, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu Chinaお知らせ • Apr 23Maxscend Microelectronics Company Limited announced that it has received CNY 3.474999923 billion in funding from a group of investorsOn April 21, 2026. Maxscend Microelectronics Company Limited announced that it has closed the transaction. It has issued 40,043,788 A shares at a price of CNY 86.78 per share for gross proceeds of CNY 3,474,999,922.64.Zhong Ge, Hubei Railway Development Fund Co., Ltd., Ruiyi Investment Panshan Issue 2 Securities Private Securities Investment Fund, Nuode Asset Management Co., Ltd., GF Securities Co., Ltd., Caitong Fund Management Co., Ltd., China Orient Asset Management Co., Ltd., Huaan Securities Asset Management Co., Ltd., Lion Fund Management Co. Ltd. Zhonghui Life Insurance Co.,Ltd., Wisdomshire Youfu No. 1 Private Securities Investment Fund, Wisdomshire Youfu No. 3 Private Securities Investment Fund, Wisdomshire Youfu No. 2 Private Securities Investment Fund, Wisdomshire No. 5 Private Securities Investment Fund, Yimi Fund Management Co., Ltd., E Fund Management Co., Ltd., UBS Group AG, Qingdao Honghua Qiyuan No. 2 Investment Partnership Enterprise (L.P.) are acting as investors.New Risk • Apr 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Mar 31Maxscend Microelectronics Company Limited to Report Q1, 2026 Results on Apr 28, 2026Maxscend Microelectronics Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026Buy Or Sell Opportunity • Mar 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.3% to CN¥79.95. The fair value is estimated to be CN¥65.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 08Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.50 loss per share (down from CN¥0.75 profit in FY 2024). Revenue: CN¥3.73b (down 17% from FY 2024). Net loss: CN¥268.0m (down 167% from profit in FY 2024). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Feb 27Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to CN¥80.19. The fair value is estimated to be CN¥64.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Dec 31Maxscend Microelectronics Company Limited to Report Fiscal Year 2025 Results on Apr 28, 2026Maxscend Microelectronics Company Limited announced that they will report fiscal year 2025 results on Apr 28, 2026Buy Or Sell Opportunity • Dec 30Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥82.40. The fair value is estimated to be CN¥67.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: CN¥0.044 loss per share (down from CN¥0.13 profit in 3Q 2024). Revenue: CN¥1.07b (down 1.6% from 3Q 2024). Net loss: CN¥23.3m (down 133% from profit in 3Q 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Oct 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.8% to CN¥74.40. The fair value is estimated to be CN¥61.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Sep 30Maxscend Microelectronics Company Limited to Report Q3, 2025 Results on Oct 30, 2025Maxscend Microelectronics Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025Buy Or Sell Opportunity • Sep 05Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥81.24. The fair value is estimated to be CN¥63.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 22Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: CN¥0.19 loss per share (down from CN¥0.29 profit in 2Q 2024). Revenue: CN¥948.0m (down 13% from 2Q 2024). Net loss: CN¥100.8m (down 164% from profit in 2Q 2024). Revenue missed analyst estimates by 12%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 50% 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 • Jul 02Maxscend Microelectronics Company Limited to Report First Half, 2025 Results on Aug 22, 2025Maxscend Microelectronics Company Limited announced that they will report first half, 2025 results on Aug 22, 2025Major Estimate Revision • May 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.38b to CN¥4.75b. EPS estimate fell from CN¥1.50 to CN¥0.652 per share. Net income forecast to grow 250% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥82.42 to CN¥77.87. Share price rose 2.9% to CN¥74.85 over the past week.Upcoming Dividend • Apr 29Upcoming dividend of CN¥0.10 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 06 May 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (2.2%). Lower than average of industry peers (1.5%).お知らせ • Apr 23Maxscend Microelectronics Company Limited Approves Cash Dividend for 2024Maxscend Microelectronics Company Limited at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 1.02000000 per 10 shares (tax included) for 2024.Major Estimate Revision • Apr 15Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥1.30 to CN¥1.52. Revenue forecast steady at CN¥5.38b. Net income forecast to grow 39% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥89.53 to CN¥82.90. Share price rose 12% to CN¥81.18 over the past week.Buy Or Sell Opportunity • Apr 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to CN¥85.42. The fair value is estimated to be CN¥70.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 39%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.Price Target Changed • Apr 10Price target decreased by 7.2% to CN¥82.90Down from CN¥89.31, the current price target is an average from 16 analysts. New target price is 10% above last closing price of CN¥75.16. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.75 last year.New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% 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 (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).Major Estimate Revision • Apr 06Consensus EPS estimates fall by 27%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥5.30b to CN¥5.39b. EPS estimate fell from CN¥1.54 to CN¥1.13 per share. Net income forecast to grow 46% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥92.94 to CN¥89.53. Share price was steady at CN¥80.20 over the past week.お知らせ • Apr 01Maxscend Microelectronics Company Limited Proposes Final Cash Dividend for the Year 2024Maxscend Microelectronics Company Limited announced on 31 March 2025 the profit distribution proposal for the year 2024 as final cash dividend (tax included) of CNY 1.02000000 per 10 shares.お知らせ • Mar 31Maxscend Microelectronics Company Limited to Report Q1, 2025 Results on Apr 28, 2025Maxscend Microelectronics Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025Reported Earnings • Mar 31Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.75 (down from CN¥2.10 in FY 2023). Revenue: CN¥4.49b (up 2.5% from FY 2023). Net income: CN¥401.8m (down 64% from FY 2023). Profit margin: 9.0% (down from 26% in FY 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Mar 31Maxscend Microelectronics Company Limited, Annual General Meeting, Apr 21, 2025Maxscend Microelectronics Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: 1F, No. 29, Liulv Road, Hudai Industrial Park, Binhu District, Wuxi, Jiangsu ChinaMajor Estimate Revision • Mar 05Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.83b to CN¥5.30b. EPS estimate also fell from CN¥2.12 per share to CN¥1.26 per share. Net income forecast to shrink 16% next year vs 49% growth forecast for Electronic industry in China . Consensus price target broadly unchanged at CN¥92.94. Share price fell 7.4% to CN¥84.80 over the past week.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥96.38, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 29x in the Electronic industry in China. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.89 per share.Buy Or Sell Opportunity • Feb 12Now 24% overvaluedOver the last 90 days, the stock has fallen 2.4% to CN¥96.38. The fair value is estimated to be CN¥77.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.お知らせ • Dec 31Maxscend Microelectronics Company Limited to Report Fiscal Year 2024 Results on Mar 31, 2025Maxscend Microelectronics Company Limited announced that they will report fiscal year 2024 results on Mar 31, 2025Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥106, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥74.57 per share.New Risk • Oct 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (33% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (16% net profit margin).Reported Earnings • Oct 30Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.85 in 3Q 2023). Revenue: CN¥1.08b (down 23% from 3Q 2023). Net income: CN¥71.1m (down 84% from 3Q 2023). Profit margin: 6.6% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic 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 21% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥94.05, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.77 per share.お知らせ • Sep 30Maxscend Microelectronics Company Limited to Report Q3, 2024 Results on Oct 30, 2024Maxscend Microelectronics Company Limited announced that they will report Q3, 2024 results on Oct 30, 2024New Risk • Sep 27New 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 (33% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥77.41, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.54 per share.Major Estimate Revision • Sep 04Consensus EPS estimates fall by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.60b to CN¥5.16b. EPS estimate also fell from CN¥2.50 per share to CN¥1.69 per share. Net income forecast to grow 7.8% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥125 to CN¥106. Share price was steady at CN¥63.86 over the past week.Price Target Changed • Aug 31Price target decreased by 7.7% to CN¥115Down from CN¥125, the current price target is an average from 15 analysts. New target price is 74% above last closing price of CN¥66.35. Stock is down 46% over the past year. The company is forecast to post earnings per share of CN¥1.75 for next year compared to CN¥2.10 last year.Reported Earnings • Aug 29Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.29 (down from CN¥0.47 in 2Q 2023). Revenue: CN¥1.10b (up 15% from 2Q 2023). Net income: CN¥156.6m (down 37% from 2Q 2023). Profit margin: 14% (down from 26% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 29Maxscend Microelectronics Company Limited to Report First Half, 2024 Results on Aug 29, 2024Maxscend Microelectronics Company Limited announced that they will report first half, 2024 results on Aug 29, 2024Price Target Changed • Jun 13Price target decreased by 7.3% to CN¥128Down from CN¥138, the current price target is an average from 16 analysts. New target price is 39% above last closing price of CN¥92.29. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥2.50 for next year compared to CN¥2.10 last year.Declared Dividend • Jun 05Dividend of CN¥0.22 announcedShareholders will receive a dividend of CN¥0.22. Ex-date: 7th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%.Price Target Changed • May 01Price target decreased by 8.7% to CN¥138Down from CN¥151, the current price target is an average from 17 analysts. New target price is 52% above last closing price of CN¥90.77. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥2.65 for next year compared to CN¥2.10 last year.お知らせ • Apr 30Maxscend Microelectronics Company Limited, Annual General Meeting, May 20, 2024Maxscend Microelectronics Company Limited, Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 1F, No. 29, Liulv Road, Hudai Industrial Park, Binhu District, Wuxi, Jiangsu ChinaReported Earnings • Apr 29Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥2.10 (up from CN¥2.00 in FY 2022). Revenue: CN¥4.38b (up 19% from FY 2022). Net income: CN¥1.12b (up 5.0% from FY 2022). Profit margin: 26% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 30Maxscend Microelectronics Company Limited to Report Q1, 2024 Results on Apr 29, 2024Maxscend Microelectronics Company Limited announced that they will report Q1, 2024 results on Apr 29, 2024Reported Earnings • Feb 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥2.18 (up from CN¥2.00 in FY 2022). Revenue: CN¥4.38b (up 19% from FY 2022). Net income: CN¥1.16b (up 8.9% from FY 2022). Profit margin: 27% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic 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 24% per year.Valuation Update With 7 Day Price Move • Jan 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥104, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 54% over the past three years.New Risk • Jan 22New 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 7.8% 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 (7.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (24% net profit margin).お知らせ • Dec 29Maxscend Microelectronics Company Limited to Report Fiscal Year 2023 Results on Apr 29, 2024Maxscend Microelectronics Company Limited announced that they will report fiscal year 2023 results on Apr 29, 2024Reported Earnings • Nov 01Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: CN¥0.85 (up from CN¥0.44 in 3Q 2022). Revenue: CN¥1.41b (up 80% from 3Q 2022). Net income: CN¥452.4m (up 94% from 3Q 2022). Profit margin: 32% (up from 30% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic 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 3% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 31Price target increased by 7.3% to CN¥146Up from CN¥137, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of CN¥151. Stock is up 61% over the past year. The company is forecast to post earnings per share of CN¥2.17 for next year compared to CN¥2.00 last year.Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Supervisor Shifen Ye was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Aug 29Maxscend Microelectronics Company Limited Announces Management ChangesMaxscend Microelectronics Company Limited at its 2nd Extraordinary General Meeting of 2023 on 25 August 2023, approved election of non-independent directors, cumulative voting system applicable: Xu Zhihan. Election of independent directors, cumulative voting system applicable: Zhou Shidong, Zhang Chunyi. Election of non-employee supervisors, cumulative voting system applicable: Chen Bi.Reported Earnings • Aug 29Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: CN¥0.47 (down from CN¥0.55 in 2Q 2022). Revenue: CN¥953.6m (up 5.4% from 2Q 2022). Net income: CN¥250.1m (down 15% from 2Q 2022). Profit margin: 26% (down from 32% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.Price Target Changed • Jul 20Price target increased by 8.3% to CN¥127Up from CN¥117, the current price target is an average from 14 analysts. New target price is 7.7% above last closing price of CN¥118. Stock is up 10% over the past year. The company is forecast to post earnings per share of CN¥2.08 for next year compared to CN¥2.00 last year.New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (24% net profit margin).Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥103, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥155 per share.お知らせ • May 23Maxscend Microelectronics Company Limited Approves Cash Dividend for 2022Maxscend Microelectronics Company Limited approved Cash dividend/10 shares (tax included) for 2022: CNY 1.70000000, at its Annual General Meeting of 2022 on 19 May 2023.Reported Earnings • Apr 29First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.86 in 1Q 2022). Revenue: CN¥711.7m (down 47% from 1Q 2022). Net income: CN¥116.5m (down 75% from 1Q 2022). Profit margin: 16% (down from 35% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥106, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥154 per share.Buying Opportunity • Apr 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.Major Estimate Revision • Apr 15Consensus revenue estimates decrease by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.72b to CN¥4.03b. EPS estimate unchanged at CN¥2.99 per share. Net income forecast to grow 48% next year vs 45% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥123. Share price fell 2.3% to CN¥132 over the past week.Buying Opportunity • Mar 21Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be CN¥154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.Major Estimate Revision • Feb 28Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from CN¥3.10 to CN¥3.43. Revenue forecast steady at CN¥4.94b. Net income forecast to grow 4.4% next year vs 45% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥120. Share price fell 3.1% to CN¥117 over the past week.Major Estimate Revision • Feb 27Consensus revenue estimates increase by 31%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥4.91b to CN¥6.44b. EPS estimate increased from CN¥3.10 to CN¥4.22 per share. Net income forecast to grow 24% next year vs 45% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥120. Share price fell 3.7% to CN¥117 over the past week.Buying Opportunity • Feb 21Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be CN¥152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Buying Opportunity • Jan 11Now 22% undervaluedOver the last 90 days, the stock is up 50%. The fair value is estimated to be CN¥157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥119, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥190 per share.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥103, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥181 per share.Major Estimate Revision • Nov 03Consensus revenue estimates fall by 16%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥4.56b to CN¥3.84b. EPS estimate fell from CN¥2.95 to CN¥2.48 per share. Net income forecast to grow 7.2% next year vs 55% growth forecast for Electronic industry in China. Consensus price target down from CN¥116 to CN¥110. Share price rose 8.2% to CN¥93.63 over the past week.Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.44 (down from CN¥0.96 in 3Q 2021). Revenue: CN¥781.6m (down 31% from 3Q 2021). Net income: CN¥232.8m (down 55% from 3Q 2021). Profit margin: 30% (down from 46% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 15Price target decreased to CN¥116Down from CN¥125, the current price target is an average from 13 analysts. New target price is 34% above last closing price of CN¥86.30. Stock is down 56% over the past year. The company is forecast to post earnings per share of CN¥2.95 for next year compared to CN¥4.01 last year.Price Target Changed • Sep 07Price target decreased to CN¥130Down from CN¥140, the current price target is an average from 13 analysts. New target price is 31% above last closing price of CN¥98.97. Stock is down 55% over the past year. The company is forecast to post earnings per share of CN¥3.03 for next year compared to CN¥4.01 last year.Major Estimate Revision • Sep 04Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.30b to CN¥4.71b. EPS estimate fell from CN¥3.65 to CN¥3.06 per share. Net income forecast to grow 2.1% next year vs 47% growth forecast for Electronic industry in China. Consensus price target down from CN¥144 to CN¥134. Share price rose 9.8% to CN¥102 over the past week.Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.55 (vs CN¥0.98 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.55 (down from CN¥0.98 in 2Q 2021). Revenue: CN¥904.8m (down 23% from 2Q 2021). Net income: CN¥292.7m (down 44% from 2Q 2021). Profit margin: 32% (down from 44% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 34%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 15Price target decreased to CN¥148Down from CN¥160, the current price target is an average from 14 analysts. New target price is 43% above last closing price of CN¥104. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥3.87 for next year compared to CN¥4.01 last year.業績と収益の成長予測SZSE:300782 - 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12/31/20286,2146121,0151,941312/31/20276,4009791,1701,3291412/31/20264,207-432,0831,69873/31/20263,798-391-1,008-157N/A12/31/20253,726-293-702104N/A9/30/20253,889-194-44502N/A6/30/20253,906-100-220626N/A3/31/20254,053157-1,40781N/A12/31/20244,487402-1,78880N/A9/30/20244,672729-2,471198N/A6/30/20244,9981,110-1,967636N/A3/31/20244,8561,204-9031,443N/A12/31/20234,3781,122-2281,894N/A9/30/20233,7359036441,616N/A6/30/20233,1086842431,323N/A3/31/20233,0597261471,246N/A1/1/20233,6771,069-768942N/A9/30/20224,1671,593-2,214844N/A6/30/20224,5091,872-2,2081,305N/A3/31/20224,7812,102-2,2261,130N/A1/1/20224,6342,135-1,7091,150N/A9/30/20214,3031,882-2991,611N/A6/30/20214,1541,7343661,377N/A3/31/20213,5241,4136901,246N/A12/31/20202,7921,0738521,005N/A9/30/20202,500892275332N/A6/30/20201,995697-738N/A3/31/20201,782607-8810N/A12/31/20191,512497N/A56N/A9/30/20191,105348N/A143N/A6/30/2019817246N/A170N/A3/31/2019614180N/A140N/A12/31/2018560162N/A134N/A9/30/2018552163N/A113N/A12/31/2017592170N/A129N/A12/31/201638584N/A95N/A12/31/201511111N/A9N/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: 300782は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.4% ) よりも高い成長率であると考えられます。収益対市場: 300782今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 300782今後 3 年以内に収益を上げることが予想されます。収益対市場: 300782の収益 ( 20% ) CN市場 ( 15.9% ) よりも速いペースで成長すると予測されています。高い収益成長: 300782の収益 ( 20% ) 20%よりも速いペースで成長すると予測されています。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: 300782の 自己資本利益率 は、3年後には低くなると予測されています ( 6.5 %)。成長企業の発掘7D1Y7D1Y7D1YTech 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2026/05/17 07:06終値2026/05/15 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Maxscend Microelectronics Company Limited 14 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。25 アナリスト機関Huiqun LiBofA Global ResearchLin SuCCB International Securities LimitedYou You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)22 その他のアナリストを表示
Price Target Changed • May 06Price target increased by 8.5% to CN¥80.78Up from CN¥74.43, the current price target is an average from 13 analysts. New target price is 22% below last closing price of CN¥103. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥1.18 next year compared to a net loss per share of CN¥0.55 last year.
Major Estimate Revision • May 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.38b to CN¥4.75b. EPS estimate fell from CN¥1.50 to CN¥0.652 per share. Net income forecast to grow 250% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥82.42 to CN¥77.87. Share price rose 2.9% to CN¥74.85 over the past week.
Major Estimate Revision • Apr 15Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥1.30 to CN¥1.52. Revenue forecast steady at CN¥5.38b. Net income forecast to grow 39% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥89.53 to CN¥82.90. Share price rose 12% to CN¥81.18 over the past week.
Price Target Changed • Apr 10Price target decreased by 7.2% to CN¥82.90Down from CN¥89.31, the current price target is an average from 16 analysts. New target price is 10% above last closing price of CN¥75.16. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.75 last year.
Major Estimate Revision • Apr 06Consensus EPS estimates fall by 27%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥5.30b to CN¥5.39b. EPS estimate fell from CN¥1.54 to CN¥1.13 per share. Net income forecast to grow 46% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥92.94 to CN¥89.53. Share price was steady at CN¥80.20 over the past week.
Major Estimate Revision • Mar 05Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.83b to CN¥5.30b. EPS estimate also fell from CN¥2.12 per share to CN¥1.26 per share. Net income forecast to shrink 16% next year vs 49% growth forecast for Electronic industry in China . Consensus price target broadly unchanged at CN¥92.94. Share price fell 7.4% to CN¥84.80 over the past week.
Price Target Changed • May 06Price target increased by 8.5% to CN¥80.78Up from CN¥74.43, the current price target is an average from 13 analysts. New target price is 22% below last closing price of CN¥103. Stock is up 36% over the past year. The company is forecast to post earnings per share of CN¥1.18 next year compared to a net loss per share of CN¥0.55 last year.
Reported Earnings • Apr 28Full year 2025 earnings released: CN¥0.55 loss per share (vs CN¥0.75 profit in FY 2024)Full year 2025 results: CN¥0.55 loss per share (down from CN¥0.75 profit in FY 2024). Revenue: CN¥3.73b (down 17% from FY 2024). Net loss: CN¥292.9m (down 173% from profit in FY 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 28Maxscend Microelectronics Company Limited, Annual General Meeting, May 19, 2026Maxscend Microelectronics Company Limited, Annual General Meeting, May 19, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Wuxi, Jiangsu China
お知らせ • Apr 23Maxscend Microelectronics Company Limited announced that it has received CNY 3.474999923 billion in funding from a group of investorsOn April 21, 2026. Maxscend Microelectronics Company Limited announced that it has closed the transaction. It has issued 40,043,788 A shares at a price of CNY 86.78 per share for gross proceeds of CNY 3,474,999,922.64.Zhong Ge, Hubei Railway Development Fund Co., Ltd., Ruiyi Investment Panshan Issue 2 Securities Private Securities Investment Fund, Nuode Asset Management Co., Ltd., GF Securities Co., Ltd., Caitong Fund Management Co., Ltd., China Orient Asset Management Co., Ltd., Huaan Securities Asset Management Co., Ltd., Lion Fund Management Co. Ltd. Zhonghui Life Insurance Co.,Ltd., Wisdomshire Youfu No. 1 Private Securities Investment Fund, Wisdomshire Youfu No. 3 Private Securities Investment Fund, Wisdomshire Youfu No. 2 Private Securities Investment Fund, Wisdomshire No. 5 Private Securities Investment Fund, Yimi Fund Management Co., Ltd., E Fund Management Co., Ltd., UBS Group AG, Qingdao Honghua Qiyuan No. 2 Investment Partnership Enterprise (L.P.) are acting as investors.
New Risk • Apr 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Mar 31Maxscend Microelectronics Company Limited to Report Q1, 2026 Results on Apr 28, 2026Maxscend Microelectronics Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026
Buy Or Sell Opportunity • Mar 18Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.3% to CN¥79.95. The fair value is estimated to be CN¥65.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 08Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.50 loss per share (down from CN¥0.75 profit in FY 2024). Revenue: CN¥3.73b (down 17% from FY 2024). Net loss: CN¥268.0m (down 167% from profit in FY 2024). Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Feb 27Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to CN¥80.19. The fair value is estimated to be CN¥64.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Dec 31Maxscend Microelectronics Company Limited to Report Fiscal Year 2025 Results on Apr 28, 2026Maxscend Microelectronics Company Limited announced that they will report fiscal year 2025 results on Apr 28, 2026
Buy Or Sell Opportunity • Dec 30Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at CN¥82.40. The fair value is estimated to be CN¥67.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Oct 30Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: CN¥0.044 loss per share (down from CN¥0.13 profit in 3Q 2024). Revenue: CN¥1.07b (down 1.6% from 3Q 2024). Net loss: CN¥23.3m (down 133% from profit in 3Q 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Oct 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.8% to CN¥74.40. The fair value is estimated to be CN¥61.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Sep 30Maxscend Microelectronics Company Limited to Report Q3, 2025 Results on Oct 30, 2025Maxscend Microelectronics Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025
Buy Or Sell Opportunity • Sep 05Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to CN¥81.24. The fair value is estimated to be CN¥63.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 22Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: CN¥0.19 loss per share (down from CN¥0.29 profit in 2Q 2024). Revenue: CN¥948.0m (down 13% from 2Q 2024). Net loss: CN¥100.8m (down 164% from profit in 2Q 2024). Revenue missed analyst estimates by 12%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 50% 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 • Jul 02Maxscend Microelectronics Company Limited to Report First Half, 2025 Results on Aug 22, 2025Maxscend Microelectronics Company Limited announced that they will report first half, 2025 results on Aug 22, 2025
Major Estimate Revision • May 05Consensus revenue estimates fall by 12%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.38b to CN¥4.75b. EPS estimate fell from CN¥1.50 to CN¥0.652 per share. Net income forecast to grow 250% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥82.42 to CN¥77.87. Share price rose 2.9% to CN¥74.85 over the past week.
Upcoming Dividend • Apr 29Upcoming dividend of CN¥0.10 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 06 May 2025. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Chinese dividend payers (2.2%). Lower than average of industry peers (1.5%).
お知らせ • Apr 23Maxscend Microelectronics Company Limited Approves Cash Dividend for 2024Maxscend Microelectronics Company Limited at its Annual General Meeting held on 21 April 2025 approved cash dividend of CNY 1.02000000 per 10 shares (tax included) for 2024.
Major Estimate Revision • Apr 15Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from CN¥1.30 to CN¥1.52. Revenue forecast steady at CN¥5.38b. Net income forecast to grow 39% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥89.53 to CN¥82.90. Share price rose 12% to CN¥81.18 over the past week.
Buy Or Sell Opportunity • Apr 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.0% to CN¥85.42. The fair value is estimated to be CN¥70.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 39%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.
Price Target Changed • Apr 10Price target decreased by 7.2% to CN¥82.90Down from CN¥89.31, the current price target is an average from 16 analysts. New target price is 10% above last closing price of CN¥75.16. Stock is down 19% over the past year. The company is forecast to post earnings per share of CN¥1.07 for next year compared to CN¥0.75 last year.
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% 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 (22% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).
Major Estimate Revision • Apr 06Consensus EPS estimates fall by 27%, revenue upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥5.30b to CN¥5.39b. EPS estimate fell from CN¥1.54 to CN¥1.13 per share. Net income forecast to grow 46% next year vs 48% growth forecast for Electronic industry in China. Consensus price target down from CN¥92.94 to CN¥89.53. Share price was steady at CN¥80.20 over the past week.
お知らせ • Apr 01Maxscend Microelectronics Company Limited Proposes Final Cash Dividend for the Year 2024Maxscend Microelectronics Company Limited announced on 31 March 2025 the profit distribution proposal for the year 2024 as final cash dividend (tax included) of CNY 1.02000000 per 10 shares.
お知らせ • Mar 31Maxscend Microelectronics Company Limited to Report Q1, 2025 Results on Apr 28, 2025Maxscend Microelectronics Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025
Reported Earnings • Mar 31Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.75 (down from CN¥2.10 in FY 2023). Revenue: CN¥4.49b (up 2.5% from FY 2023). Net income: CN¥401.8m (down 64% from FY 2023). Profit margin: 9.0% (down from 26% in FY 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 31Maxscend Microelectronics Company Limited, Annual General Meeting, Apr 21, 2025Maxscend Microelectronics Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 China Standard Time. Location: 1F, No. 29, Liulv Road, Hudai Industrial Park, Binhu District, Wuxi, Jiangsu China
Major Estimate Revision • Mar 05Consensus EPS estimates fall by 41%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.83b to CN¥5.30b. EPS estimate also fell from CN¥2.12 per share to CN¥1.26 per share. Net income forecast to shrink 16% next year vs 49% growth forecast for Electronic industry in China . Consensus price target broadly unchanged at CN¥92.94. Share price fell 7.4% to CN¥84.80 over the past week.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥96.38, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 29x in the Electronic industry in China. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥77.89 per share.
Buy Or Sell Opportunity • Feb 12Now 24% overvaluedOver the last 90 days, the stock has fallen 2.4% to CN¥96.38. The fair value is estimated to be CN¥77.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 26% per annum over the same time period.
お知らせ • Dec 31Maxscend Microelectronics Company Limited to Report Fiscal Year 2024 Results on Mar 31, 2025Maxscend Microelectronics Company Limited announced that they will report fiscal year 2024 results on Mar 31, 2025
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥106, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 26x in the Electronic industry in China. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥74.57 per share.
New Risk • Oct 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 16% Last year net profit margin: 24% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (33% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (16% net profit margin).
Reported Earnings • Oct 30Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.85 in 3Q 2023). Revenue: CN¥1.08b (down 23% from 3Q 2023). Net income: CN¥71.1m (down 84% from 3Q 2023). Profit margin: 6.6% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 73%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic 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 21% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥94.05, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.77 per share.
お知らせ • Sep 30Maxscend Microelectronics Company Limited to Report Q3, 2024 Results on Oct 30, 2024Maxscend Microelectronics Company Limited announced that they will report Q3, 2024 results on Oct 30, 2024
New Risk • Sep 27New 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 (33% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 26%After last week's 26% share price gain to CN¥77.41, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 20x in the Electronic industry in China. Total loss to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥47.54 per share.
Major Estimate Revision • Sep 04Consensus EPS estimates fall by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥5.60b to CN¥5.16b. EPS estimate also fell from CN¥2.50 per share to CN¥1.69 per share. Net income forecast to grow 7.8% next year vs 52% growth forecast for Electronic industry in China. Consensus price target down from CN¥125 to CN¥106. Share price was steady at CN¥63.86 over the past week.
Price Target Changed • Aug 31Price target decreased by 7.7% to CN¥115Down from CN¥125, the current price target is an average from 15 analysts. New target price is 74% above last closing price of CN¥66.35. Stock is down 46% over the past year. The company is forecast to post earnings per share of CN¥1.75 for next year compared to CN¥2.10 last year.
Reported Earnings • Aug 29Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CN¥0.29 (down from CN¥0.47 in 2Q 2023). Revenue: CN¥1.10b (up 15% from 2Q 2023). Net income: CN¥156.6m (down 37% from 2Q 2023). Profit margin: 14% (down from 26% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 29Maxscend Microelectronics Company Limited to Report First Half, 2024 Results on Aug 29, 2024Maxscend Microelectronics Company Limited announced that they will report first half, 2024 results on Aug 29, 2024
Price Target Changed • Jun 13Price target decreased by 7.3% to CN¥128Down from CN¥138, the current price target is an average from 16 analysts. New target price is 39% above last closing price of CN¥92.29. Stock is down 13% over the past year. The company is forecast to post earnings per share of CN¥2.50 for next year compared to CN¥2.10 last year.
Declared Dividend • Jun 05Dividend of CN¥0.22 announcedShareholders will receive a dividend of CN¥0.22. Ex-date: 7th June 2024 Payment date: 7th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%.
Price Target Changed • May 01Price target decreased by 8.7% to CN¥138Down from CN¥151, the current price target is an average from 17 analysts. New target price is 52% above last closing price of CN¥90.77. Stock is down 11% over the past year. The company is forecast to post earnings per share of CN¥2.65 for next year compared to CN¥2.10 last year.
お知らせ • Apr 30Maxscend Microelectronics Company Limited, Annual General Meeting, May 20, 2024Maxscend Microelectronics Company Limited, Annual General Meeting, May 20, 2024, at 14:00 China Standard Time. Location: 1F, No. 29, Liulv Road, Hudai Industrial Park, Binhu District, Wuxi, Jiangsu China
Reported Earnings • Apr 29Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥2.10 (up from CN¥2.00 in FY 2022). Revenue: CN¥4.38b (up 19% from FY 2022). Net income: CN¥1.12b (up 5.0% from FY 2022). Profit margin: 26% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 30Maxscend Microelectronics Company Limited to Report Q1, 2024 Results on Apr 29, 2024Maxscend Microelectronics Company Limited announced that they will report Q1, 2024 results on Apr 29, 2024
Reported Earnings • Feb 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥2.18 (up from CN¥2.00 in FY 2022). Revenue: CN¥4.38b (up 19% from FY 2022). Net income: CN¥1.16b (up 8.9% from FY 2022). Profit margin: 27% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.3%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic 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 24% per year.
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥104, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 19x in the Electronic industry in China. Total loss to shareholders of 54% over the past three years.
New Risk • Jan 22New 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 7.8% 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 (7.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (24% net profit margin).
お知らせ • Dec 29Maxscend Microelectronics Company Limited to Report Fiscal Year 2023 Results on Apr 29, 2024Maxscend Microelectronics Company Limited announced that they will report fiscal year 2023 results on Apr 29, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: CN¥0.85 (up from CN¥0.44 in 3Q 2022). Revenue: CN¥1.41b (up 80% from 3Q 2022). Net income: CN¥452.4m (up 94% from 3Q 2022). Profit margin: 32% (up from 30% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic 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 3% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 31Price target increased by 7.3% to CN¥146Up from CN¥137, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of CN¥151. Stock is up 61% over the past year. The company is forecast to post earnings per share of CN¥2.17 for next year compared to CN¥2.00 last year.
Board Change • Sep 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Supervisor Shifen Ye was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Aug 29Maxscend Microelectronics Company Limited Announces Management ChangesMaxscend Microelectronics Company Limited at its 2nd Extraordinary General Meeting of 2023 on 25 August 2023, approved election of non-independent directors, cumulative voting system applicable: Xu Zhihan. Election of independent directors, cumulative voting system applicable: Zhou Shidong, Zhang Chunyi. Election of non-employee supervisors, cumulative voting system applicable: Chen Bi.
Reported Earnings • Aug 29Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: CN¥0.47 (down from CN¥0.55 in 2Q 2022). Revenue: CN¥953.6m (up 5.4% from 2Q 2022). Net income: CN¥250.1m (down 15% from 2Q 2022). Profit margin: 26% (down from 32% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.2%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
Price Target Changed • Jul 20Price target increased by 8.3% to CN¥127Up from CN¥117, the current price target is an average from 14 analysts. New target price is 7.7% above last closing price of CN¥118. Stock is up 10% over the past year. The company is forecast to post earnings per share of CN¥2.08 for next year compared to CN¥2.00 last year.
New Risk • Jul 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (24% net profit margin).
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥103, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 24x in the Electronic industry in China. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥155 per share.
お知らせ • May 23Maxscend Microelectronics Company Limited Approves Cash Dividend for 2022Maxscend Microelectronics Company Limited approved Cash dividend/10 shares (tax included) for 2022: CNY 1.70000000, at its Annual General Meeting of 2022 on 19 May 2023.
Reported Earnings • Apr 29First quarter 2023 earnings: EPS misses analyst expectationsFirst quarter 2023 results: EPS: CN¥0.22 (down from CN¥0.86 in 1Q 2022). Revenue: CN¥711.7m (down 47% from 1Q 2022). Net income: CN¥116.5m (down 75% from 1Q 2022). Profit margin: 16% (down from 35% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥106, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥154 per share.
Buying Opportunity • Apr 19Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be CN¥154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.
Major Estimate Revision • Apr 15Consensus revenue estimates decrease by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.72b to CN¥4.03b. EPS estimate unchanged at CN¥2.99 per share. Net income forecast to grow 48% next year vs 45% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥123. Share price fell 2.3% to CN¥132 over the past week.
Buying Opportunity • Mar 21Now 20% undervaluedOver the last 90 days, the stock is up 4.6%. The fair value is estimated to be CN¥154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 24% per annum. Earnings is also forecast to grow by 26% per annum over the same time period.
Major Estimate Revision • Feb 28Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from CN¥3.10 to CN¥3.43. Revenue forecast steady at CN¥4.94b. Net income forecast to grow 4.4% next year vs 45% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥120. Share price fell 3.1% to CN¥117 over the past week.
Major Estimate Revision • Feb 27Consensus revenue estimates increase by 31%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from CN¥4.91b to CN¥6.44b. EPS estimate increased from CN¥3.10 to CN¥4.22 per share. Net income forecast to grow 24% next year vs 45% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥120. Share price fell 3.7% to CN¥117 over the past week.
Buying Opportunity • Feb 21Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be CN¥152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 26% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Buying Opportunity • Jan 11Now 22% undervaluedOver the last 90 days, the stock is up 50%. The fair value is estimated to be CN¥157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 40% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥119, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 21x in the Electronic industry in China. Total returns to shareholders of 52% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥190 per share.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥103, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥181 per share.
Major Estimate Revision • Nov 03Consensus revenue estimates fall by 16%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥4.56b to CN¥3.84b. EPS estimate fell from CN¥2.95 to CN¥2.48 per share. Net income forecast to grow 7.2% next year vs 55% growth forecast for Electronic industry in China. Consensus price target down from CN¥116 to CN¥110. Share price rose 8.2% to CN¥93.63 over the past week.
Reported Earnings • Oct 28Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CN¥0.44 (down from CN¥0.96 in 3Q 2021). Revenue: CN¥781.6m (down 31% from 3Q 2021). Net income: CN¥232.8m (down 55% from 3Q 2021). Profit margin: 30% (down from 46% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 15Price target decreased to CN¥116Down from CN¥125, the current price target is an average from 13 analysts. New target price is 34% above last closing price of CN¥86.30. Stock is down 56% over the past year. The company is forecast to post earnings per share of CN¥2.95 for next year compared to CN¥4.01 last year.
Price Target Changed • Sep 07Price target decreased to CN¥130Down from CN¥140, the current price target is an average from 13 analysts. New target price is 31% above last closing price of CN¥98.97. Stock is down 55% over the past year. The company is forecast to post earnings per share of CN¥3.03 for next year compared to CN¥4.01 last year.
Major Estimate Revision • Sep 04Consensus revenue estimates fall by 11%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.30b to CN¥4.71b. EPS estimate fell from CN¥3.65 to CN¥3.06 per share. Net income forecast to grow 2.1% next year vs 47% growth forecast for Electronic industry in China. Consensus price target down from CN¥144 to CN¥134. Share price rose 9.8% to CN¥102 over the past week.
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: CN¥0.55 (vs CN¥0.98 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.55 (down from CN¥0.98 in 2Q 2021). Revenue: CN¥904.8m (down 23% from 2Q 2021). Net income: CN¥292.7m (down 44% from 2Q 2021). Profit margin: 32% (down from 44% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 34%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 15Price target decreased to CN¥148Down from CN¥160, the current price target is an average from 14 analysts. New target price is 43% above last closing price of CN¥104. Stock is down 59% over the past year. The company is forecast to post earnings per share of CN¥3.87 for next year compared to CN¥4.01 last year.