View ValuationKINGSEMI 향후 성장Future 기준 점검 5/6KINGSEMI (는) 각각 연간 73.8% 및 32.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 73% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 15.2% 로 예상됩니다.핵심 정보73.8%이익 성장률73.01%EPS 성장률Semiconductor 이익 성장41.1%매출 성장률32.8%향후 자기자본이익률15.21%애널리스트 커버리지Low마지막 업데이트12 May 2026최근 향후 성장 업데이트Price Target Changed • May 22Price target increased by 9.5% to CN¥104Up from CN¥95.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥94.39. Stock is up 52% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.01 last year.Price Target Changed • May 20Price target decreased by 8.0% to CN¥90.00Down from CN¥97.88, the current price target is provided by 1 analyst. New target price is 8.0% below last closing price of CN¥97.78. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.47 for next year compared to CN¥1.01 last year.Major Estimate Revision • May 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.60b to CN¥2.34b. EPS estimate also fell from CN¥1.65 per share to CN¥1.47 per share. Net income forecast to grow 80% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target of CN¥90.00 unchanged from last update. Share price was steady at CN¥97.78 over the past week.Price Target Changed • Dec 16Price target increased by 11% to CN¥97.88Up from CN¥88.36, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥86.37. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥1.26 last year.Major Estimate Revision • Nov 15Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.58b to CN¥1.75b. EPS estimate fell from CN¥1.68 to CN¥1.19. Net income forecast to grow 180% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.36 to CN¥90.91. Share price fell 3.5% to CN¥98.90 over the past week.Major Estimate Revision • Nov 06Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.13b to CN¥1.58b. EPS estimate unchanged from CN¥1.68 per share at last update. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target broadly unchanged at CN¥88.36. Share price rose 9.7% to CN¥92.51 over the past week.모든 업데이트 보기Recent updates공고 • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026KINGSEMI Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026공고 • Jun 05KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time.Reported Earnings • Apr 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공고 • Mar 30KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026Reported Earnings • Mar 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.공고 • Dec 26KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Board Change • Nov 08Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Yu Zhong is the most experienced director on the board, commencing their role in 2022. Independent Director Weiwei Pan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.New Risk • Oct 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin).공고 • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025KINGSEMI Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Aug 26New 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). Large one-off items impacting financial results.Declared Dividend • Jul 07Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 0.1%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 96%.공고 • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025KINGSEMI Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Price Target Changed • May 22Price target increased by 9.5% to CN¥104Up from CN¥95.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥94.39. Stock is up 52% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.01 last year.Price Target Changed • May 20Price target decreased by 8.0% to CN¥90.00Down from CN¥97.88, the current price target is provided by 1 analyst. New target price is 8.0% below last closing price of CN¥97.78. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.47 for next year compared to CN¥1.01 last year.Major Estimate Revision • May 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.60b to CN¥2.34b. EPS estimate also fell from CN¥1.65 per share to CN¥1.47 per share. Net income forecast to grow 80% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target of CN¥90.00 unchanged from last update. Share price was steady at CN¥97.78 over the past week.Reported Earnings • Apr 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공고 • Apr 26KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China공고 • Mar 28KINGSEMI Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025KINGSEMI Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공고 • Dec 27KINGSEMI Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025KINGSEMI Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Price Target Changed • Dec 16Price target increased by 11% to CN¥97.88Up from CN¥88.36, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥86.37. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥1.26 last year.Major Estimate Revision • Nov 15Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.58b to CN¥1.75b. EPS estimate fell from CN¥1.68 to CN¥1.19. Net income forecast to grow 180% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.36 to CN¥90.91. Share price fell 3.5% to CN¥98.90 over the past week.Major Estimate Revision • Nov 06Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.13b to CN¥1.58b. EPS estimate unchanged from CN¥1.68 per share at last update. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target broadly unchanged at CN¥88.36. Share price rose 9.7% to CN¥92.51 over the past week.Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥411.0m (down 20% from 3Q 2023). Net income: CN¥32.9m (down 61% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 72%. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Major Estimate Revision • Oct 09Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.21b to CN¥2.13b. EPS estimate rose from CN¥1.53 to CN¥1.76. Net income forecast to grow 101% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥79.49 to CN¥87.24. Share price rose 18% to CN¥97.52 over the past week.공고 • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024KINGSEMI Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024New Risk • Sep 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% 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 Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).Price Target Changed • Jul 19Price target decreased by 12% to CN¥79.49Down from CN¥89.89, the current price target is an average from 4 analysts. New target price is 5.6% above last closing price of CN¥75.29. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.Price Target Changed • Jul 17Price target decreased by 12% to CN¥79.49Down from CN¥89.88, the current price target is an average from 4 analysts. New target price is 17% above last closing price of CN¥67.87. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.Major Estimate Revision • Jul 17Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.24b to CN¥2.19b. EPS estimate also fell from CN¥1.79 per share to CN¥1.53 per share. Net income forecast to grow 73% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥89.88 to CN¥79.49. Share price rose 17% to CN¥67.87 over the past week.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥63.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past three years.공고 • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024KINGSEMI Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024공고 • May 26KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024, at 13:30 China Standard Time.Price Target Changed • May 06Price target decreased by 20% to CN¥130Down from CN¥163, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CN¥93.82. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥2.54 for next year compared to CN¥1.82 last year.Reported Earnings • Apr 28First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.48 in 1Q 2023). Revenue: CN¥244.2m (down 15% from 1Q 2023). Net income: CN¥16.0m (down 76% from 1Q 2023). Profit margin: 6.6% (down from 23% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공고 • Mar 29KINGSEMI Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.82 (up from CN¥1.53 in FY 2022). Revenue: CN¥1.72b (up 24% from FY 2022). Net income: CN¥250.5m (up 25% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공고 • Feb 23KINGSEMI Co., Ltd. (SHSE:688037) announces an Equity Buyback for CNY 20 million worth of its shares.KINGSEMI Co., Ltd. (SHSE:688037) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 150 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The funds for the repurchases are the part of the over-raised funds obtained from the company’s initial public offering of RMB ordinary shares. The program will be valid for a period of 6 months.Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥90.47, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Semiconductor industry in China. Total returns to shareholders of 38% over the past three years.공고 • Dec 29KINGSEMI Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024Reported Earnings • Nov 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.54 in 3Q 2022). Revenue: CN¥510.9m (up 30% from 3Q 2022). Net income: CN¥84.6m (up 15% from 3Q 2022). Profit margin: 17% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Price Target Changed • Sep 04Price target decreased by 13% to CN¥174Down from CN¥201, the current price target is an average from 5 analysts. New target price is 20% above last closing price of CN¥144. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of CN¥2.04 for next year compared to CN¥1.53 last year.New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (57% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥129, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 57% over the past three years.공고 • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023KINGSEMI Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023Price Target Changed • Jun 21Price target increased by 8.4% to CN¥206Up from CN¥190, the current price target is an average from 5 analysts. New target price is 19% above last closing price of CN¥173. Stock is up 93% over the past year. The company is forecast to post earnings per share of CN¥1.97 for next year compared to CN¥1.53 last year.Price Target Changed • May 29Price target increased by 8.6% to CN¥281Up from CN¥258, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥282. Stock is up 121% over the past year. The company is forecast to post earnings per share of CN¥2.88 for next year compared to CN¥2.27 last year.Price Target Changed • Apr 28Price target increased by 7.5% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 9.6% below last closing price of CN¥286. Stock is up 169% over the past year. The company is forecast to post earnings per share of CN¥3.08 for next year compared to CN¥2.27 last year.Price Target Changed • Apr 26Price target increased by 7.9% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of CN¥273. Stock is up 173% over the past year. The company is forecast to post earnings per share of CN¥2.77 for next year compared to CN¥2.27 last year.Major Estimate Revision • Apr 25Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥1.91b to CN¥2.12b. EPS estimate unchanged at CN¥2.77. Net income forecast to grow 28% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥236 to CN¥244. Share price rose 3.8% to CN¥294 over the past week.Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.27 (up from CN¥0.92 in FY 2021). Revenue: CN¥1.38b (up 67% from FY 2021). Net income: CN¥200.2m (up 159% from FY 2021). Profit margin: 14% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 29Price target increased by 8.5% to CN¥240Up from CN¥221, the current price target is an average from 5 analysts. New target price is 14% above last closing price of CN¥210. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥2.76 for next year compared to CN¥2.24 last year.Price Target Changed • Feb 25Price target increased by 12% to CN¥221Up from CN¥196, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥211. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥2.06 for next year compared to CN¥0.92 last year.Price Target Changed • Nov 16Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥203. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Price Target Changed • Nov 08Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is 16% below last closing price of CN¥245. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.Major Estimate Revision • Nov 04Consensus EPS estimates increase by 38%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥1.34b to CN¥1.37b. EPS estimate increased from CN¥1.63 to CN¥2.25 per share. Net income forecast to grow 87% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥181 to CN¥191. Share price rose 3.6% to CN¥259 over the past week.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.80 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.80 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥392.4m (up 100% from 3Q 2021). Net income: CN¥73.6m (up 309% from 3Q 2021). Profit margin: 19% (up from 9.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.33 in 2Q 2021). Revenue: CN¥320.5m (up 35% from 2Q 2021). Net income: CN¥37.0m (up 30% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 65%, compared to a 47% growth forecast for the Semiconductor industry in China.Reported Earnings • Apr 28First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥183.7m (up 62% from 1Q 2021). Net income: CN¥32.4m (up 398% from 1Q 2021). Profit margin: 18% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 35%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 63%, compared to a 44% growth forecast for the industry in China.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.92 (up from CN¥0.58 in FY 2020). Revenue: CN¥828.7m (up 152% from FY 2020). Net income: CN¥77.2m (up 58% from FY 2020). Profit margin: 9.3% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 52%, compared to a 55% growth forecast for the industry in China.Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.16 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥237.5m (up 340% from 2Q 2020). Net income: CN¥28.6m (up 103% from 2Q 2020). Profit margin: 12% (down from 26% in 2Q 2020).Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.09 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥113.4m (up CN¥104.9m from 1Q 2020). Net income: CN¥6.50m (up CN¥14.4m from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020).Reported Earnings • Mar 20Full year 2020 earnings released: EPS CN¥0.58 (vs CN¥0.46 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥328.9m (up 54% from FY 2019). Net income: CN¥48.8m (up 67% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Mar 09New 90-day low: CN¥82.45The company is down 12% from its price of CN¥93.62 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.공고 • Jan 22KINGSEMI Co., Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021KINGSEMI Co., Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021Is New 90 Day High Low • Dec 24New 90-day low: CN¥85.44The company is down 20% from its price of CN¥107 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.Is New 90 Day High Low • Dec 09New 90-day low: CN¥93.62The company is down 13% from its price of CN¥107 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.Is New 90 Day High Low • Oct 21New 90-day low: CN¥99.98The company is down 14% from its price of CN¥117 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.공고 • Jul 10KINGSEMI Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020KINGSEMI Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020이익 및 매출 성장 예측SHSE:688037 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20284,785860144350112/31/20273,68142378293112/31/20262,365188-946-72013/31/20262,00471-250-42N/A12/31/20251,94872-98103N/A9/30/20251,63985-28120N/A6/30/20251,769143-24119N/A3/31/20251,78519123219N/A12/31/20241,754203218442N/A9/30/20241,615138-30217N/A6/30/20241,715191-360-66N/A3/31/20241,673201-762-365N/A12/31/20231,717251-1,039-563N/A9/30/20231,695277-883-453N/A6/30/20231,576266-659-276N/A3/31/20231,489234-26821N/A12/31/20221,385200-14193N/A9/30/20221,178167-14444N/A6/30/2022982112-18232N/A3/31/2022899103-320-96N/A12/31/202182977-410-218N/A9/30/202166457-319-189N/A6/30/202161778-259-156N/A3/31/202143463-279-170N/A12/31/202032949-165-72N/A9/30/202032973-147-76N/A6/30/202020933-91-30N/A3/31/202021130-157N/A12/31/201921329N/A12N/A9/30/201921028N/A7N/A12/31/201821030N/A-28N/A12/31/201719026N/A42N/A12/31/20161485N/A67N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 688037 의 연간 예상 수익 증가율(73.8%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 688037 의 연간 수익(73.8%)이 CN 시장(26.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 688037 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 688037 의 수익(연간 32.8%)이 CN 시장(연간 16.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 688037 의 수익(연간 32.8%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 688037의 자본 수익률은 3년 후 15.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/10 15:58종가2026/08/10 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스KINGSEMI Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Guohan WangChina Renaissance SecuritiesFang WangZhongtai Securities Co. Ltd.
Price Target Changed • May 22Price target increased by 9.5% to CN¥104Up from CN¥95.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥94.39. Stock is up 52% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.01 last year.
Price Target Changed • May 20Price target decreased by 8.0% to CN¥90.00Down from CN¥97.88, the current price target is provided by 1 analyst. New target price is 8.0% below last closing price of CN¥97.78. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.47 for next year compared to CN¥1.01 last year.
Major Estimate Revision • May 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.60b to CN¥2.34b. EPS estimate also fell from CN¥1.65 per share to CN¥1.47 per share. Net income forecast to grow 80% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target of CN¥90.00 unchanged from last update. Share price was steady at CN¥97.78 over the past week.
Price Target Changed • Dec 16Price target increased by 11% to CN¥97.88Up from CN¥88.36, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥86.37. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥1.26 last year.
Major Estimate Revision • Nov 15Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.58b to CN¥1.75b. EPS estimate fell from CN¥1.68 to CN¥1.19. Net income forecast to grow 180% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.36 to CN¥90.91. Share price fell 3.5% to CN¥98.90 over the past week.
Major Estimate Revision • Nov 06Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.13b to CN¥1.58b. EPS estimate unchanged from CN¥1.68 per share at last update. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target broadly unchanged at CN¥88.36. Share price rose 9.7% to CN¥92.51 over the past week.
공고 • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026KINGSEMI Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026
공고 • Jun 05KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time.
Reported Earnings • Apr 20Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공고 • Mar 30KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
Reported Earnings • Mar 05Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥0.36 (down from CN¥1.01 in FY 2024). Revenue: CN¥1.95b (up 11% from FY 2024). Net income: CN¥71.7m (down 65% from FY 2024). Profit margin: 3.7% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 76%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 26% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
공고 • Dec 26KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Board Change • Nov 08Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Yu Zhong is the most experienced director on the board, commencing their role in 2022. Independent Director Weiwei Pan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
New Risk • Oct 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.1% Last year net profit margin: 8.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.1% net profit margin).
공고 • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025KINGSEMI Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Aug 26New 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). Large one-off items impacting financial results.
Declared Dividend • Jul 07Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 8th July 2025 Payment date: 8th July 2025 Dividend yield will be 0.1%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 96%.
공고 • Jun 30KINGSEMI Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025KINGSEMI Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Price Target Changed • May 22Price target increased by 9.5% to CN¥104Up from CN¥95.00, the current price target is an average from 2 analysts. New target price is 10% above last closing price of CN¥94.39. Stock is up 52% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥1.01 last year.
Price Target Changed • May 20Price target decreased by 8.0% to CN¥90.00Down from CN¥97.88, the current price target is provided by 1 analyst. New target price is 8.0% below last closing price of CN¥97.78. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥1.47 for next year compared to CN¥1.01 last year.
Major Estimate Revision • May 20Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥2.60b to CN¥2.34b. EPS estimate also fell from CN¥1.65 per share to CN¥1.47 per share. Net income forecast to grow 80% next year vs 62% growth forecast for Semiconductor industry in China. Consensus price target of CN¥90.00 unchanged from last update. Share price was steady at CN¥97.78 over the past week.
Reported Earnings • Apr 27Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Apr 26KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China
공고 • Mar 28KINGSEMI Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025KINGSEMI Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
New Risk • Mar 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥1.05 (down from CN¥1.26 in FY 2023). Revenue: CN¥1.77b (up 3.1% from FY 2023). Net income: CN¥210.9m (down 16% from FY 2023). Profit margin: 12% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공고 • Dec 27KINGSEMI Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025KINGSEMI Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Price Target Changed • Dec 16Price target increased by 11% to CN¥97.88Up from CN¥88.36, the current price target is an average from 3 analysts. New target price is 13% above last closing price of CN¥86.37. Stock is down 8.3% over the past year. The company is forecast to post earnings per share of CN¥1.10 for next year compared to CN¥1.26 last year.
Major Estimate Revision • Nov 15Consensus revenue estimates increase by 11%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.58b to CN¥1.75b. EPS estimate fell from CN¥1.68 to CN¥1.19. Net income forecast to grow 180% next year vs 58% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥88.36 to CN¥90.91. Share price fell 3.5% to CN¥98.90 over the past week.
Major Estimate Revision • Nov 06Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.13b to CN¥1.58b. EPS estimate unchanged from CN¥1.68 per share at last update. Semiconductor industry in China expected to see average net income growth of 58% next year. Consensus price target broadly unchanged at CN¥88.36. Share price rose 9.7% to CN¥92.51 over the past week.
Reported Earnings • Oct 23Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥411.0m (down 20% from 3Q 2023). Net income: CN¥32.9m (down 61% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 72%. Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Oct 09Consensus EPS estimates increase by 15%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥2.21b to CN¥2.13b. EPS estimate rose from CN¥1.53 to CN¥1.76. Net income forecast to grow 101% next year vs 59% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥79.49 to CN¥87.24. Share price rose 18% to CN¥97.52 over the past week.
공고 • Sep 30KINGSEMI Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024KINGSEMI Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024
New Risk • Sep 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% 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 Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin).
Price Target Changed • Jul 19Price target decreased by 12% to CN¥79.49Down from CN¥89.89, the current price target is an average from 4 analysts. New target price is 5.6% above last closing price of CN¥75.29. Stock is down 24% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.
Price Target Changed • Jul 17Price target decreased by 12% to CN¥79.49Down from CN¥89.88, the current price target is an average from 4 analysts. New target price is 17% above last closing price of CN¥67.87. Stock is down 33% over the past year. The company is forecast to post earnings per share of CN¥1.53 for next year compared to CN¥1.26 last year.
Major Estimate Revision • Jul 17Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥2.24b to CN¥2.19b. EPS estimate also fell from CN¥1.79 per share to CN¥1.53 per share. Net income forecast to grow 73% next year vs 55% growth forecast for Semiconductor industry in China. Consensus price target down from CN¥89.88 to CN¥79.49. Share price rose 17% to CN¥67.87 over the past week.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CN¥63.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 53% over the past three years.
공고 • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024KINGSEMI Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
공고 • May 26KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024, at 13:30 China Standard Time.
Price Target Changed • May 06Price target decreased by 20% to CN¥130Down from CN¥163, the current price target is an average from 3 analysts. New target price is 39% above last closing price of CN¥93.82. Stock is down 47% over the past year. The company is forecast to post earnings per share of CN¥2.54 for next year compared to CN¥1.82 last year.
Reported Earnings • Apr 28First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.48 in 1Q 2023). Revenue: CN¥244.2m (down 15% from 1Q 2023). Net income: CN¥16.0m (down 76% from 1Q 2023). Profit margin: 6.6% (down from 23% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 55%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공고 • Mar 29KINGSEMI Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Feb 27Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥1.82 (up from CN¥1.53 in FY 2022). Revenue: CN¥1.72b (up 24% from FY 2022). Net income: CN¥250.5m (up 25% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공고 • Feb 23KINGSEMI Co., Ltd. (SHSE:688037) announces an Equity Buyback for CNY 20 million worth of its shares.KINGSEMI Co., Ltd. (SHSE:688037) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 150 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The funds for the repurchases are the part of the over-raised funds obtained from the company’s initial public offering of RMB ordinary shares. The program will be valid for a period of 6 months.
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥90.47, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Semiconductor industry in China. Total returns to shareholders of 38% over the past three years.
공고 • Dec 29KINGSEMI Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024KINGSEMI Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.54 in 3Q 2022). Revenue: CN¥510.9m (up 30% from 3Q 2022). Net income: CN¥84.6m (up 15% from 3Q 2022). Profit margin: 17% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) exceeded analyst estimates by 20%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Sep 04Price target decreased by 13% to CN¥174Down from CN¥201, the current price target is an average from 5 analysts. New target price is 20% above last closing price of CN¥144. Stock is up 4.4% over the past year. The company is forecast to post earnings per share of CN¥2.04 for next year compared to CN¥1.53 last year.
New Risk • Aug 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 57% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (57% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥129, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 37x in the Semiconductor industry in China. Total returns to shareholders of 57% over the past three years.
공고 • Jun 28KINGSEMI Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023KINGSEMI Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023
Price Target Changed • Jun 21Price target increased by 8.4% to CN¥206Up from CN¥190, the current price target is an average from 5 analysts. New target price is 19% above last closing price of CN¥173. Stock is up 93% over the past year. The company is forecast to post earnings per share of CN¥1.97 for next year compared to CN¥1.53 last year.
Price Target Changed • May 29Price target increased by 8.6% to CN¥281Up from CN¥258, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥282. Stock is up 121% over the past year. The company is forecast to post earnings per share of CN¥2.88 for next year compared to CN¥2.27 last year.
Price Target Changed • Apr 28Price target increased by 7.5% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 9.6% below last closing price of CN¥286. Stock is up 169% over the past year. The company is forecast to post earnings per share of CN¥3.08 for next year compared to CN¥2.27 last year.
Price Target Changed • Apr 26Price target increased by 7.9% to CN¥258Up from CN¥240, the current price target is an average from 5 analysts. New target price is 5.4% below last closing price of CN¥273. Stock is up 173% over the past year. The company is forecast to post earnings per share of CN¥2.77 for next year compared to CN¥2.27 last year.
Major Estimate Revision • Apr 25Consensus revenue estimates increase by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from CN¥1.91b to CN¥2.12b. EPS estimate unchanged at CN¥2.77. Net income forecast to grow 28% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥236 to CN¥244. Share price rose 3.8% to CN¥294 over the past week.
Reported Earnings • Apr 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CN¥2.27 (up from CN¥0.92 in FY 2021). Revenue: CN¥1.38b (up 67% from FY 2021). Net income: CN¥200.2m (up 159% from FY 2021). Profit margin: 14% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 29Price target increased by 8.5% to CN¥240Up from CN¥221, the current price target is an average from 5 analysts. New target price is 14% above last closing price of CN¥210. Stock is up 35% over the past year. The company is forecast to post earnings per share of CN¥2.76 for next year compared to CN¥2.24 last year.
Price Target Changed • Feb 25Price target increased by 12% to CN¥221Up from CN¥196, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CN¥211. Stock is up 31% over the past year. The company is forecast to post earnings per share of CN¥2.06 for next year compared to CN¥0.92 last year.
Price Target Changed • Nov 16Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of CN¥203. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Price Target Changed • Nov 08Price target increased to CN¥205Up from CN¥181, the current price target is an average from 3 analysts. New target price is 16% below last closing price of CN¥245. Stock is up 28% over the past year. The company is forecast to post earnings per share of CN¥2.12 for next year compared to CN¥0.92 last year.
Major Estimate Revision • Nov 04Consensus EPS estimates increase by 38%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CN¥1.34b to CN¥1.37b. EPS estimate increased from CN¥1.63 to CN¥2.25 per share. Net income forecast to grow 87% next year vs 52% growth forecast for Semiconductor industry in China. Consensus price target up from CN¥181 to CN¥191. Share price rose 3.6% to CN¥259 over the past week.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: CN¥0.80 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.80 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥392.4m (up 100% from 3Q 2021). Net income: CN¥73.6m (up 309% from 3Q 2021). Profit margin: 19% (up from 9.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China.
Reported Earnings • Aug 31Second quarter 2022 earnings released: EPS: CN¥0.43 (vs CN¥0.33 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.43 (up from CN¥0.33 in 2Q 2021). Revenue: CN¥320.5m (up 35% from 2Q 2021). Net income: CN¥37.0m (up 30% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 65%, compared to a 47% growth forecast for the Semiconductor industry in China.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS in line with expectations, revenues disappointFirst quarter 2022 results: EPS: CN¥0.39 (up from CN¥0.08 in 1Q 2021). Revenue: CN¥183.7m (up 62% from 1Q 2021). Net income: CN¥32.4m (up 398% from 1Q 2021). Profit margin: 18% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 35%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 63%, compared to a 44% growth forecast for the industry in China.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.92 (up from CN¥0.58 in FY 2020). Revenue: CN¥828.7m (up 152% from FY 2020). Net income: CN¥77.2m (up 58% from FY 2020). Profit margin: 9.3% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to grow 52%, compared to a 55% growth forecast for the industry in China.
Reported Earnings • Aug 29Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.16 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥237.5m (up 340% from 2Q 2020). Net income: CN¥28.6m (up 103% from 2Q 2020). Profit margin: 12% (down from 26% in 2Q 2020).
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS CN¥0.08 (vs CN¥0.09 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥113.4m (up CN¥104.9m from 1Q 2020). Net income: CN¥6.50m (up CN¥14.4m from 1Q 2020). Profit margin: 5.7% (up from net loss in 1Q 2020).
Reported Earnings • Mar 20Full year 2020 earnings released: EPS CN¥0.58 (vs CN¥0.46 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥328.9m (up 54% from FY 2019). Net income: CN¥48.8m (up 67% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Mar 09New 90-day low: CN¥82.45The company is down 12% from its price of CN¥93.62 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.
공고 • Jan 22KINGSEMI Co., Ltd. to Report Fiscal Year 2020 Results on Mar 20, 2021KINGSEMI Co., Ltd. announced that they will report fiscal year 2020 results on Mar 20, 2021
Is New 90 Day High Low • Dec 24New 90-day low: CN¥85.44The company is down 20% from its price of CN¥107 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.
Is New 90 Day High Low • Dec 09New 90-day low: CN¥93.62The company is down 13% from its price of CN¥107 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period.
Is New 90 Day High Low • Oct 21New 90-day low: CN¥99.98The company is down 14% from its price of CN¥117 on 23 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 5.0% over the same period.
공고 • Jul 10KINGSEMI Co., Ltd. to Report First Half, 2020 Results on Aug 27, 2020KINGSEMI Co., Ltd. announced that they will report first half, 2020 results on Aug 27, 2020