View ValuationDioo Microcircuits Jiangsu 향후 성장Future 기준 점검 3/6 Dioo Microcircuits Jiangsu 수익은 증가할 것으로 예상됩니다. 감소할 것으로 예상됩니다 77.1%.핵심 정보77.1%이익 성장률n/aEPS 성장률Semiconductor 이익 성장48.3%매출 성장률n/a향후 자기자본이익률n/a애널리스트 커버리지None마지막 업데이트20 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공고 • Jun 30Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2026 Results on Aug 31, 2026Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2026 results on Aug 31, 2026Declared Dividend • Jun 06Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments.New Risk • Jun 01New 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 10% 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.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Zhi Gang Fang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Apr 22Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 13, 2026Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 13, 2026, at 11:00 China Standard Time. Location: TC East Building, Wanxiang Business Center, Lane 206, Haojing Road, Minhang District, Shanghai China공고 • Mar 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q1, 2026 Results on Apr 23, 2026Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q1, 2026 results on Apr 23, 2026공고 • Dec 26Dioo Microcircuits Co., Ltd. Jiangsu to Report Fiscal Year 2025 Results on Apr 23, 2026Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report fiscal year 2025 results on Apr 23, 2026공고 • Sep 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q3, 2025 Results on Oct 31, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q3, 2025 results on Oct 31, 2025공고 • Jun 30Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2025 Results on Aug 23, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2025 results on Aug 23, 2025공고 • Apr 26Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 16, 2025Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 16, 2025, at 11:00 China Standard Time. Location: Building TC East, Lane 206, Haojing Road, Minhang District, Shanghai China공고 • Mar 28Dioo Microcircuits Co., Ltd. Jiangsu to Report Q1, 2025 Results on Apr 26, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q1, 2025 results on Apr 26, 2025공고 • Dec 27Dioo Microcircuits Co., Ltd. Jiangsu to Report Fiscal Year 2024 Results on Apr 26, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report fiscal year 2024 results on Apr 26, 2025공고 • Dec 04Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces an Equity Buyback for CNY 200 million worth of its shares.Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces a share repurchase program. Under the program, the company will repurchase up to 200 million worth of its shares. The shares will be repurchased at a price of not more than CNY 41.68 per share. The shares purchased will be used for the company's equity incentive plan/employee stock ownership plan. If the company fails to use the shares for above purpose within three years after the completion of the repurchase of shares, the company will promptly perform the relevant review procedures, cancel the repurchased shares that have not been transferred, and reduce the registered capital accordingly. The program will be funded out of the company's own funds and special loans for CNY 140 million from China Merchants Bank Co., Ltd. Shanghai Branch. The program will be valid till 12 months.공고 • Nov 02Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces an Equity Buyback for 1,439,500 shares, representing 0.58% of its issued share capital.Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces a share repurchase program. Under the program, the company will repurchase up to1,439,500 class A shares, representing 0.58% of its share capital. The shares will be repurchased at a price of not more than CNY 41.68 per share. The shares purchased will be used for the company's equity incentive plan/employee stock ownership plan. The program will be funded out of the company's own funds. The program will be valid till 12 months.New Risk • Oct 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 58x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.016 profit in 3Q 2023)Third quarter 2024 results: CN¥0.035 loss per share (down from CN¥0.016 profit in 3Q 2023). Revenue: CN¥144.1m (up 25% from 3Q 2023). Net loss: CN¥8.43m (down 305% from profit in 3Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.공고 • Sep 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q3, 2024 Results on Oct 26, 2024Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q3, 2024 results on Oct 26, 2024Buy Or Sell Opportunity • Sep 28Now 23% overvaluedOver the last 90 days, the stock has fallen 11% to CN¥17.40. The fair value is estimated to be CN¥14.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has declined by 85%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 968% in the next 2 years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.075 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.044 (down from CN¥0.075 in 2Q 2023). Revenue: CN¥137.6m (up 31% from 2Q 2023). Net income: CN¥10.7m (down 44% from 2Q 2023). Profit margin: 7.8% (down from 18% in 2Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.공고 • Jun 28Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2024 Results on Aug 17, 2024Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2024 results on Aug 17, 2024공고 • Apr 29Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 17, 2024Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: Building TC East, Lane 206, Haojing Road, Minhang District, Shanghai ChinaReported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.04 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.065 (up from CN¥0.04 in 1Q 2023). Revenue: CN¥128.3m (up 70% from 1Q 2023). Net income: CN¥16.1m (up 61% from 1Q 2023). Profit margin: 13% (in line with 1Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.공고 • Mar 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q1, 2024 Results on Apr 27, 2024Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Feb 25Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.83 in FY 2022)Full year 2023 results: EPS: CN¥0.06 (down from CN¥0.83 in FY 2022). Revenue: CN¥381.5m (down 24% from FY 2022). Net income: CN¥15.0m (down 91% from FY 2022). Profit margin: 3.9% (down from 35% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.New Risk • Feb 05New 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (12% net profit margin).Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥13.98, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 24x in the Semiconductor industry in China. Total loss to shareholders of 70% over the past year.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.20 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥115.2m (up 6.1% from 3Q 2022). Net income: CN¥4.12m (down 90% from 3Q 2022). Profit margin: 3.6% (down from 38% in 3Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China.공고 • Sep 01Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces an Equity Buyback for CNY 200 million worth of its shares.Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The program is valid for 12 months.New Risk • Aug 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: 21% Last year net profit margin: 39% 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 Dividend is not well covered by cash flows (353% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.075 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥105.0m (down 21% from 2Q 2022). Net income: CN¥19.0m (down 66% from 2Q 2022). Profit margin: 18% (down from 42% in 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.공고 • Jun 28Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2023 Results on Aug 12, 2023Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2023 results on Aug 12, 2023Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.34 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.04 (down from CN¥0.34 in 1Q 2022). Revenue: CN¥75.6m (down 53% from 1Q 2022). Net income: CN¥9.99m (down 85% from 1Q 2022). Profit margin: 13% (down from 40% in 1Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥49.17, the stock trades at a trailing P/E ratio of 58x. Average trailing P/E is 54x in the Semiconductor industry in China.이익 및 매출 성장 예측XSSC:688381 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2026514-103-340-152N/A12/31/2025562-66-280-106N/A9/30/2025573-90-251-88N/A6/30/2025566-78-234-63N/A3/31/2025551-51-90-43N/A12/31/2024526-47-129-76N/A9/30/20244961-98-50N/A6/30/202446713-67-25N/A3/31/202443421-62-23N/A12/31/202338115-40-2N/A9/30/202339646-2819N/A6/30/2023389831961N/A3/31/2023416119-32124N/A12/31/2022502174-2154N/A9/30/2022548214-30165N/A6/30/2022578225-4198N/A3/31/202255720037166N/A12/31/2021508165-6161N/A12/31/202024840-2670N/A12/31/20191373N/A-25N/A12/31/201897-8N/A-29N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 688381 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.4%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: 688381 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: 688381 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: 688381 의 수익이 CN 시장보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 매출: 688381 의 수익이 연간 20%보다 빠르게 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 688381의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 23:47종가2026/07/23 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 소스Dioo Microcircuits Co., Ltd. Jiangsu는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jian HuGuosen Securities Co., Ltd.Ye ZiGuosen Securities Co., Ltd.
공고 • Jun 30Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2026 Results on Aug 31, 2026Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2026 results on Aug 31, 2026
Declared Dividend • Jun 06Dividend of CN¥0.10 announcedShareholders will receive a dividend of CN¥0.10. Ex-date: 10th June 2026 Payment date: 10th June 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments.
New Risk • Jun 01New 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 10% 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.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Zhi Gang Fang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Apr 22Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 13, 2026Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 13, 2026, at 11:00 China Standard Time. Location: TC East Building, Wanxiang Business Center, Lane 206, Haojing Road, Minhang District, Shanghai China
공고 • Mar 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q1, 2026 Results on Apr 23, 2026Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q1, 2026 results on Apr 23, 2026
공고 • Dec 26Dioo Microcircuits Co., Ltd. Jiangsu to Report Fiscal Year 2025 Results on Apr 23, 2026Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report fiscal year 2025 results on Apr 23, 2026
공고 • Sep 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q3, 2025 Results on Oct 31, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q3, 2025 results on Oct 31, 2025
공고 • Jun 30Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2025 Results on Aug 23, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2025 results on Aug 23, 2025
공고 • Apr 26Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 16, 2025Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 16, 2025, at 11:00 China Standard Time. Location: Building TC East, Lane 206, Haojing Road, Minhang District, Shanghai China
공고 • Mar 28Dioo Microcircuits Co., Ltd. Jiangsu to Report Q1, 2025 Results on Apr 26, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q1, 2025 results on Apr 26, 2025
공고 • Dec 27Dioo Microcircuits Co., Ltd. Jiangsu to Report Fiscal Year 2024 Results on Apr 26, 2025Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report fiscal year 2024 results on Apr 26, 2025
공고 • Dec 04Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces an Equity Buyback for CNY 200 million worth of its shares.Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces a share repurchase program. Under the program, the company will repurchase up to 200 million worth of its shares. The shares will be repurchased at a price of not more than CNY 41.68 per share. The shares purchased will be used for the company's equity incentive plan/employee stock ownership plan. If the company fails to use the shares for above purpose within three years after the completion of the repurchase of shares, the company will promptly perform the relevant review procedures, cancel the repurchased shares that have not been transferred, and reduce the registered capital accordingly. The program will be funded out of the company's own funds and special loans for CNY 140 million from China Merchants Bank Co., Ltd. Shanghai Branch. The program will be valid till 12 months.
공고 • Nov 02Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces an Equity Buyback for 1,439,500 shares, representing 0.58% of its issued share capital.Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces a share repurchase program. Under the program, the company will repurchase up to1,439,500 class A shares, representing 0.58% of its share capital. The shares will be repurchased at a price of not more than CNY 41.68 per share. The shares purchased will be used for the company's equity incentive plan/employee stock ownership plan. The program will be funded out of the company's own funds. The program will be valid till 12 months.
New Risk • Oct 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 58x earnings per share. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin).
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.016 profit in 3Q 2023)Third quarter 2024 results: CN¥0.035 loss per share (down from CN¥0.016 profit in 3Q 2023). Revenue: CN¥144.1m (up 25% from 3Q 2023). Net loss: CN¥8.43m (down 305% from profit in 3Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
공고 • Sep 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q3, 2024 Results on Oct 26, 2024Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q3, 2024 results on Oct 26, 2024
Buy Or Sell Opportunity • Sep 28Now 23% overvaluedOver the last 90 days, the stock has fallen 11% to CN¥17.40. The fair value is estimated to be CN¥14.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last year. Earnings per share has declined by 85%. Revenue is forecast to grow by 73% in 2 years. Earnings are forecast to grow by 968% in the next 2 years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: CN¥0.044 (vs CN¥0.075 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.044 (down from CN¥0.075 in 2Q 2023). Revenue: CN¥137.6m (up 31% from 2Q 2023). Net income: CN¥10.7m (down 44% from 2Q 2023). Profit margin: 7.8% (down from 18% in 2Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China.
공고 • Jun 28Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2024 Results on Aug 17, 2024Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2024 results on Aug 17, 2024
공고 • Apr 29Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 17, 2024Dioo Microcircuits Co., Ltd. Jiangsu, Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: Building TC East, Lane 206, Haojing Road, Minhang District, Shanghai China
Reported Earnings • Apr 28First quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.04 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.065 (up from CN¥0.04 in 1Q 2023). Revenue: CN¥128.3m (up 70% from 1Q 2023). Net income: CN¥16.1m (up 61% from 1Q 2023). Profit margin: 13% (in line with 1Q 2023). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.
공고 • Mar 30Dioo Microcircuits Co., Ltd. Jiangsu to Report Q1, 2024 Results on Apr 27, 2024Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.83 in FY 2022)Full year 2023 results: EPS: CN¥0.06 (down from CN¥0.83 in FY 2022). Revenue: CN¥381.5m (down 24% from FY 2022). Net income: CN¥15.0m (down 91% from FY 2022). Profit margin: 3.9% (down from 35% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China.
New Risk • Feb 05New 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (12% net profit margin).
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to CN¥13.98, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 24x in the Semiconductor industry in China. Total loss to shareholders of 70% over the past year.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.20 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.016 (down from CN¥0.20 in 3Q 2022). Revenue: CN¥115.2m (up 6.1% from 3Q 2022). Net income: CN¥4.12m (down 90% from 3Q 2022). Profit margin: 3.6% (down from 38% in 3Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China.
공고 • Sep 01Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces an Equity Buyback for CNY 200 million worth of its shares.Dioo Microcircuits Co., Ltd. Jiangsu (SHSE:688381) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The program is valid for 12 months.
New Risk • Aug 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: 21% Last year net profit margin: 39% 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 Dividend is not well covered by cash flows (353% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (21% net profit margin).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: CN¥0.075 (vs CN¥0.29 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.075 (down from CN¥0.29 in 2Q 2022). Revenue: CN¥105.0m (down 21% from 2Q 2022). Net income: CN¥19.0m (down 66% from 2Q 2022). Profit margin: 18% (down from 42% in 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China.
공고 • Jun 28Dioo Microcircuits Co., Ltd. Jiangsu to Report First Half, 2023 Results on Aug 12, 2023Dioo Microcircuits Co., Ltd. Jiangsu announced that they will report first half, 2023 results on Aug 12, 2023
Reported Earnings • Apr 23First quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.34 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.04 (down from CN¥0.34 in 1Q 2022). Revenue: CN¥75.6m (down 53% from 1Q 2022). Net income: CN¥9.99m (down 85% from 1Q 2022). Profit margin: 13% (down from 40% in 1Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥49.17, the stock trades at a trailing P/E ratio of 58x. Average trailing P/E is 54x in the Semiconductor industry in China.