SHSE:688012

Stock Analysis Report

Advanced Micro-Fabrication Equipment China

Executive Summary

Advanced Micro-Fabrication Equipment Inc.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Advanced Micro-Fabrication Equipment China's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

688012

-3.4%

CN Semiconductor

-1.5%

CN Market


1 Year Return

n/a

688012

53.2%

CN Semiconductor

22.7%

CN Market


Shareholder returns

688012IndustryMarket
7 Day0.7%-3.4%-1.5%
30 Day-14.1%-11.3%-2.9%
90 Day-25.1%6.7%2.7%
1 Yearn/a57.4%53.2%24.9%22.7%
3 Yearn/a4.6%1.1%-12.0%-15.5%
5 Yearn/a27.8%23.1%35.1%27.1%

Price Volatility Vs. Market

How volatile is Advanced Micro-Fabrication Equipment China's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Advanced Micro-Fabrication Equipment China undervalued compared to its fair value and its price relative to the market?

233.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 688012 (CN¥65.23) is trading above our estimate of fair value (CN¥0.76)

Significantly Below Fair Value: 688012 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 688012 is poor value based on its PE Ratio (233.5x) compared to the Semiconductor industry average (55.6x).

PE vs Market: 688012 is poor value based on its PE Ratio (233.5x) compared to the CN market (31.2x).


Price to Earnings Growth Ratio

PEG Ratio: 688012 is poor value based on its PEG Ratio (7x)


Price to Book Ratio

PB vs Industry: 688012 is overvalued based on its PB Ratio (14.6x) compared to the CN Semiconductor industry average (3.3x).


Next Steps

Future Growth

How is Advanced Micro-Fabrication Equipment China forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

33.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688012's forecast earnings growth (33.2% per year) is above the savings rate (2.7%).

Earnings vs Market: 688012's earnings (33.2% per year) are forecast to grow faster than the CN market (18.3% per year).

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

Revenue vs Market: 688012's revenue (25.5% per year) is forecast to grow faster than the CN market (15.2% per year).

High Growth Revenue: 688012's revenue (25.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has Advanced Micro-Fabrication Equipment China performed over the past 5 years?

123.6%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 688012's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 688012's past year earnings growth to its 5-year average.

Earnings vs Industry: 688012 earnings growth over the past year (123.6%) exceeded the Semiconductor industry 6.8%.


Return on Equity

High ROE: 688012's Return on Equity (6.3%) is considered low.


Return on Assets

ROA vs Industry: 688012 has a higher Return on Assets than the Semiconductor industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate 688012's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Advanced Micro-Fabrication Equipment China's financial position?


Financial Position Analysis

Short Term Liabilities: 688012's short term assets (CN¥2.5B) exceeds its short term liabilities (CN¥1.1B)

Long Term Liabilities: 688012's short term assets (2.5B) exceeds its long term liabilities (79.0M)


Debt to Equity History and Analysis

Debt Level: 688012 is debt free.

Reducing Debt: 688012 had no debt 5 years ago.

Debt Coverage: 688012 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 688012 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is Advanced Micro-Fabrication Equipment China's current dividend yield, its reliability and sustainability?

0.097%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%0.5%markettop25%1.9%industryaverage0.6%forecastin3Years0.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 688012's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 688012's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 688012's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 688012's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 688012's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

What is the CEO of Advanced Micro-Fabrication Equipment China's salary, the management and board of directors tenure and is there insider trading?

9.5yrs

Average management tenure


CEO

Zheyao Yin (75yo)

15.8yrs

Tenure

0

Dr. Gerald Z. Yin, Zheyao, Ph.D., founded Advanced Micro-Fabrication Equipment Inc. in 2004 and has been its Executive Chairman and Chief Executive Officer since 2004. Dr. Yin also serves on the Board of D ...


Management Age and Tenure

9.5yrs

Average Tenure

Experienced Management: 688012's management team is seasoned and experienced (9.5 years average tenure).


Board Age and Tenure

12.8yrs

Average Tenure

73yo

Average Age

Experienced Board: 688012's board of directors are seasoned and experienced ( 12.8 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Zheyao Yin (75yo)

    Executive Chairman & CEO

    • Tenure: 15.8yrs
  • Aihua Chen

    Executive Vice President and Executive Director

    • Tenure: 12.8yrs
  • Matt Ruby

    Vice President of Legal and General Counsel

    • Tenure: 12.1yrs
  • Andrew Chen (52yo)

    Chief Financial Officer and Vice President

    • Tenure: 7yrs
  • Du Zhiyou

    Executive VP

    • Tenure: 0yrs
  • Michael Chu

    Senior Vice President of Global Business Management

    • Tenure: 0.2yrs

Board Members

  • Lip-Bu Tan (59yo)

    Director

    • Tenure: 12.8yrs
  • Atul Kapadia

    Member of Board Observers

    • Tenure: 12.8yrs
  • Joe Bronson (71yo)

    Member of Advisory Board

    • Tenure: 12.8yrs
  • Albert Yu (78yo)

    Member of Advisory Board

    • Tenure: 12.8yrs
  • Koji Osawa

    Member of Board Observers

    • Tenure: 12.8yrs
  • Koichi Suzuki

    Member of Advisory Board

    • Tenure: 12.8yrs
  • Min-Su Kim

    Member of Board Observers

    • Tenure: 0yrs
  • Zheyao Yin (75yo)

    Executive Chairman & CEO

    • Tenure: 15.8yrs
  • Aihua Chen

    Executive Vice President and Executive Director

    • Tenure: 12.8yrs
  • Du Zhiyou

    Executive VP

    • Tenure: 0yrs

Company Information

Advanced Micro-Fabrication Equipment Inc. China's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advanced Micro-Fabrication Equipment Inc. China
  • Ticker: 688012
  • Exchange: SHSE
  • Founded: 2004
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: CN¥34.889b
  • Shares outstanding: 534.86m
  • Website: https://www.amec-inc.com

Location

  • Advanced Micro-Fabrication Equipment Inc. China
  • 188 Taihua Road
  • Jinqiao Export Processing Zone (South Area)
  • Shanghai
  • 201201
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
688012SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJul 2019

Biography

Advanced Micro-Fabrication Equipment Inc. China. manufactures micro-fabrication equipment to semiconductor industry and high-tech sectors. Its equipment is used to build tiny nano-scale devices that provid ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 15:26
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.