6035

Will SemiconductorSHSE:603501 Stock Report

Market Cap

CN¥208.3b

7D

1.0%

1Y

29.0%

Updated

20 Sep, 2021

Data

Company Financials +
603501 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends0/6

603501 Overview

Will Semiconductor Co., Ltd. manufactures and sells semiconductor devices and mix-signal ICs worldwide.

Share Price & News

How has Will Semiconductor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 603501 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 603501's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

1.0%

603501

-6.9%

CN Semiconductor

-2.4%

CN Market


1 Year Return

29.0%

603501

36.4%

CN Semiconductor

9.3%

CN Market

Return vs Industry: 603501 underperformed the CN Semiconductor industry which returned 36.4% over the past year.

Return vs Market: 603501 exceeded the CN Market which returned 9.3% over the past year.


Shareholder returns

603501IndustryMarket
7 Day1.0%-6.9%-2.4%
30 Day-7.2%-5.2%3.5%
90 Day-11.5%9.8%1.9%
1 Year29.1%29.0%36.8%36.4%10.9%9.3%
3 Year517.0%514.1%274.2%263.3%66.9%58.3%
5 Yearn/a211.1%198.5%29.0%20.0%

Long-Term Price Volatility Vs. Market

How volatile is Will Semiconductor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Will Semiconductor Fundamentals Summary

How do Will Semiconductor's earnings and revenue compare to its market cap?
603501 fundamental statistics
Market CapCN¥208.30b
Earnings (TTM)CN¥3.96b
Revenue (TTM)CN¥24.23b

52.6x

P/E Ratio

8.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603501 income statement (TTM)
RevenueCN¥24.23b
Cost of RevenueCN¥16.99b
Gross ProfitCN¥7.24b
ExpensesCN¥3.28b
EarningsCN¥3.96b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.58
Gross Margin29.86%
Net Profit Margin16.34%
Debt/Equity Ratio63.9%

How did 603501 perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

7%

Payout Ratio

Valuation

Is Will Semiconductor undervalued compared to its fair value and its price relative to the market?

52.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 603501 (CN¥239.82) is trading above our estimate of fair value (CN¥208.79)

Significantly Below Fair Value: 603501 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 603501 is good value based on its PE Ratio (52.6x) compared to the CN Semiconductor industry average (75.9x).

PE vs Market: 603501 is poor value based on its PE Ratio (52.6x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 603501 is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: 603501 is overvalued based on its PB Ratio (15.6x) compared to the CN Semiconductor industry average (6.9x).


Future Growth

How is Will Semiconductor forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 603501's forecast earnings growth (20.7% per year) is above the savings rate (3.3%).

Earnings vs Market: 603501's earnings (20.7% per year) are forecast to grow slower than the CN market (23.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 603501's revenue (19% per year) is forecast to grow faster than the CN market (18.2% per year).

High Growth Revenue: 603501's revenue (19% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 603501's Return on Equity is forecast to be high in 3 years time (28.9%)


Past Performance

How has Will Semiconductor performed over the past 5 years?

79.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 603501 has high quality earnings.

Growing Profit Margin: 603501's current net profit margins (16.3%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: 603501's earnings have grown significantly by 79.7% per year over the past 5 years.

Accelerating Growth: 603501's earnings growth over the past year (186.9%) exceeds its 5-year average (79.7% per year).

Earnings vs Industry: 603501 earnings growth over the past year (186.9%) exceeded the Semiconductor industry 72.1%.


Return on Equity

High ROE: 603501's Return on Equity (29.3%) is considered high.


Financial Health

How is Will Semiconductor's financial position?


Financial Position Analysis

Short Term Liabilities: 603501's short term assets (CN¥17.7B) exceed its short term liabilities (CN¥7.7B).

Long Term Liabilities: 603501's short term assets (CN¥17.7B) exceed its long term liabilities (CN¥6.4B).


Debt to Equity History and Analysis

Debt Level: 603501's debt to equity ratio (63.9%) is considered high.

Reducing Debt: 603501's debt to equity ratio has reduced from 71% to 63.9% over the past 5 years.

Debt Coverage: 603501's debt is well covered by operating cash flow (48.4%).

Interest Coverage: 603501's interest payments on its debt are well covered by EBIT (31.2x coverage).


Balance Sheet


Dividend

What is Will Semiconductor current dividend yield, its reliability and sustainability?

0.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 603501's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 603501's dividend (0.13%) is low compared to the top 25% of dividend payers in the CN market (1.79%).


Stability and Growth of Payments

Stable Dividend: 603501 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 603501 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 603501 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 603501's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Song Wang (45 yo)

no data

Tenure

Mr. Song Wang is the General Manager of Will Semiconductor Co., Ltd. Mr. Wang holds bachelor's degree in radio technology and economics at Tianjin University, EMBA degree at Xi'an Jiaotong University.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Will Semiconductor Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Will Semiconductor Co., Ltd.
  • Ticker: 603501
  • Exchange: SHSE
  • Founded: 2007
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CN¥208.303b
  • Shares outstanding: 868.58m
  • Website: https://www.willsemi.com

Number of Employees


Location

  • Will Semiconductor Co., Ltd.
  • Building 4
  • Floor 7
  • Shanghai
  • 201203
  • China

Listings


Biography

Will Semiconductor Co., Ltd. manufactures and sells semiconductor devices and mix-signal ICs worldwide. The company offers TVS and TSS protection devices; MOSFET, SCHOTTKY, and transistor power devices; LD...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 09:06
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.