Buy Or Sell Opportunity • May 28
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 31% to CN¥131. The fair value is estimated to be CN¥108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • May 11
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 35% to CN¥130. The fair value is estimated to be CN¥108, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years, while earnings per share has been flat. 공시 • Apr 20
Zbit Semiconductor, Inc., Annual General Meeting, May 11, 2026 Zbit Semiconductor, Inc., Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China 공시 • Mar 30
Zbit Semiconductor, Inc. to Report Q1, 2026 Results on Apr 24, 2026 Zbit Semiconductor, Inc. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings have declined by 56% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 56% per year over the past 5 years. Reported Earnings • Mar 05
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥1.20 loss per share (improved from CN¥1.95 loss in FY 2024). Revenue: CN¥474.6m (up 28% from FY 2024). Net loss: CN¥98.7m (loss narrowed 39% from FY 2024). Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) missed analyst estimates by 118%. 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. 공시 • Dec 26
Zbit Semiconductor, Inc. to Report Fiscal Year 2025 Results on Apr 18, 2026 Zbit Semiconductor, Inc. announced that they will report fiscal year 2025 results on Apr 18, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: CN¥0.30 loss per share (vs CN¥0.37 loss in 3Q 2024) Third quarter 2025 results: CN¥0.30 loss per share (improved from CN¥0.37 loss in 3Q 2024). Revenue: CN¥131.6m (up 53% from 3Q 2024). Net loss: CN¥24.5m (loss narrowed 19% from 3Q 2024). Revenue is forecast to grow 27% 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 55% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. New Risk • Oct 30
New major risk - Revenue and earnings growth Earnings have declined by 69% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 69% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (CN¥9.8m net loss next year). New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (CN¥22m net loss next year). Share price has been volatile over the past 3 months (7.1% average weekly change). 공시 • Sep 30
Zbit Semiconductor, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Zbit Semiconductor, Inc. announced that they will report Q3, 2025 results on Oct 30, 2025 Reported Earnings • Aug 25
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: CN¥99.1m (up 2.3% from 2Q 2024). Net loss: CN¥44.5m (loss widened 7.6% from 2Q 2024). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. 공시 • Jun 30
Zbit Semiconductor, Inc. to Report First Half, 2025 Results on Aug 23, 2025 Zbit Semiconductor, Inc. announced that they will report first half, 2025 results on Aug 23, 2025 Reported Earnings • Apr 28
First quarter 2025 earnings released: CN¥0.32 loss per share (vs CN¥0.40 loss in 1Q 2024) First quarter 2025 results: CN¥0.32 loss per share (improved from CN¥0.40 loss in 1Q 2024). Revenue: CN¥75.1m (down 6.7% from 1Q 2024). Net loss: CN¥26.3m (loss narrowed 20% from 1Q 2024). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. New Risk • Apr 27
New major risk - Revenue and earnings growth Earnings have declined by 82% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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). Earnings have declined by 82% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (CN¥33m net loss next year). 공시 • Apr 26
Zbit Semiconductor, Inc., Annual General Meeting, May 23, 2025 Zbit Semiconductor, Inc., Annual General Meeting, May 23, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China 공시 • Mar 28
Zbit Semiconductor, Inc. to Report Q1, 2025 Results on Apr 26, 2025 Zbit Semiconductor, Inc. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Feb 27
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: CN¥1.96 loss per share (improved from CN¥2.09 loss in FY 2023). Revenue: CN¥372.3m (up 22% from FY 2023). Net loss: CN¥162.1m (loss narrowed 6.1% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. New Risk • Jan 23
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥181m Forecast net loss in 2 years: CN¥9.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥9.8m net loss in 2 years). 공시 • Dec 27
Zbit Semiconductor, Inc. to Report Fiscal Year 2024 Results on Apr 26, 2025 Zbit Semiconductor, Inc. announced that they will report fiscal year 2024 results on Apr 26, 2025 공시 • Nov 30
Zbit Semiconductor, Inc. (SHSE:688416) announces an Equity Buyback. Zbit Semiconductor, Inc. (SHSE:688416) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be purchased at a price not exceeding CNY 52.51 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the employees, and jointly promote the company's long-term development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and self-raised funds. The program will be valid for 12 months. The company had 82,637,279 shares outstanding. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.37 loss per share (vs CN¥0.58 loss in 3Q 2023) Third quarter 2024 results: CN¥0.37 loss per share (improved from CN¥0.58 loss in 3Q 2023). Revenue: CN¥86.2m (up 30% from 3Q 2023). Net loss: CN¥30.2m (loss narrowed 37% from 3Q 2023). Revenue is forecast to grow 39% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. New Risk • Sep 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. 공시 • Sep 30
Zbit Semiconductor, Inc. to Report Q3, 2024 Results on Oct 31, 2024 Zbit Semiconductor, Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 25
Second quarter 2024 earnings released: CN¥0.50 loss per share (vs CN¥0.35 loss in 2Q 2023) Second quarter 2024 results: CN¥0.50 loss per share (further deteriorated from CN¥0.35 loss in 2Q 2023). Revenue: CN¥96.9m (up 22% from 2Q 2023). Net loss: CN¥41.3m (loss widened 39% from 2Q 2023). Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. 공시 • Jun 28
Zbit Semiconductor, Inc. to Report First Half, 2024 Results on Aug 24, 2024 Zbit Semiconductor, Inc. announced that they will report first half, 2024 results on Aug 24, 2024 공시 • May 01
Zbit Semiconductor, Inc., Annual General Meeting, May 24, 2024 Zbit Semiconductor, Inc., Annual General Meeting, May 24, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Hefei, Anhui China Reported Earnings • Apr 30
Full year 2023 earnings released: CN¥2.09 loss per share (vs CN¥0.31 profit in FY 2022) Full year 2023 results: CN¥2.09 loss per share (down from CN¥0.31 profit in FY 2022). Revenue: CN¥305.8m (down 29% from FY 2022). Net loss: CN¥172.6m (down CN¥193.8m from profit in FY 2022). 공시 • Mar 30
Zbit Semiconductor, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Zbit Semiconductor, Inc. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: CN¥2.07 loss per share (vs CN¥0.31 profit in FY 2022) Full year 2023 results: CN¥2.07 loss per share (down from CN¥0.31 profit in FY 2022). Revenue: CN¥305.8m (down 29% from FY 2022). Net loss: CN¥170.9m (down CN¥192.1m from profit in FY 2022). Reported Earnings • Nov 01
Third quarter 2023 earnings released: CN¥0.58 loss per share (vs CN¥0.004 profit in 3Q 2022) Third quarter 2023 results: CN¥0.58 loss per share (down from CN¥0.004 profit in 3Q 2022). Revenue: CN¥66.5m (down 21% from 3Q 2022). Net loss: CN¥47.8m (down CN¥48.0m from profit in 3Q 2022). New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings have declined by 7.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). Reported Earnings • Aug 23
Second quarter 2023 earnings released: CN¥0.35 loss per share (vs CN¥0.34 profit in 2Q 2022) Second quarter 2023 results: CN¥0.35 loss per share (down from CN¥0.34 profit in 2Q 2022). Revenue: CN¥79.8m (down 44% from 2Q 2022). Net loss: CN¥29.6m (down 241% from profit in 2Q 2022). 공시 • Jun 28
Zbit Semiconductor, Inc. to Report Q2, 2023 Results on Aug 23, 2023 Zbit Semiconductor, Inc. announced that they will report Q2, 2023 results on Aug 23, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released: CN¥0.23 loss per share (vs CN¥0.38 profit in 1Q 2022) First quarter 2023 results: CN¥0.23 loss per share (down from CN¥0.38 profit in 1Q 2022). Revenue: CN¥71.7m (down 46% from 1Q 2022). Net loss: CN¥18.7m (down 181% from profit in 1Q 2022). Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: CN¥0.31 (vs CN¥2.43 in FY 2021) Full year 2022 results: EPS: CN¥0.31 (down from CN¥2.43 in FY 2021). Revenue: CN¥433.3m (down 25% from FY 2021). Net income: CN¥21.4m (down 86% from FY 2021). Profit margin: 4.9% (down from 26% in FY 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥56.45, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 60x in the Semiconductor industry in China. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.004 (vs CN¥0.75 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.004 (down from CN¥0.75 in 3Q 2021). Revenue: CN¥83.7m (down 46% from 3Q 2021). Net income: CN¥239.0k (down 100% from 3Q 2021). Profit margin: 0.3% (down from 30% in 3Q 2021).