New Risk • Apr 30
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: CN¥418m Forecast net loss in 1 year: CN¥91m 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 Earnings have declined by 64% per year over the past 5 years. Minor Risk Currently unprofitable and not forecast to become profitable next year (CN¥91m net loss next year). Reported Earnings • Apr 29
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥1.14 loss per share (improved from CN¥1.56 loss in FY 2024). Revenue: CN¥635.3m (up 26% from FY 2024). Net loss: CN¥455.1m (loss narrowed 27% from FY 2024). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 28% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Mar 30
Loongson Technology Corporation Limited to Report Q1, 2026 Results on Apr 29, 2026 Loongson Technology Corporation Limited announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Feb 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: CN¥1.13 loss per share (improved from CN¥1.56 loss in FY 2024). Revenue: CN¥635.3m (up 26% from FY 2024). Net loss: CN¥453.7m (loss narrowed 28% from FY 2024). Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates by 40%. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. New Risk • Jan 15
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 7.3% 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 Less than 1 year of cash runway based on current free cash flow (-CN¥589m). Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Dec 26
Loongson Technology Corporation Limited to Report Fiscal Year 2025 Results on Apr 29, 2026 Loongson Technology Corporation Limited announced that they will report fiscal year 2025 results on Apr 29, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: CN¥0.24 loss per share (vs CN¥0.27 loss in 3Q 2024) Third quarter 2025 results: CN¥0.24 loss per share (improved from CN¥0.27 loss in 3Q 2024). Revenue: CN¥107.2m (up 22% from 3Q 2024). Net loss: CN¥99.3m (loss narrowed 5.1% from 3Q 2024). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Loongson Technology Corporation Limited to Report Q3, 2025 Results on Oct 29, 2025 Loongson Technology Corporation Limited announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 16
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 7.6% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 31
Second quarter 2025 earnings released: CN¥0.36 loss per share (vs CN¥0.40 loss in 2Q 2024) Second quarter 2025 results: CN¥0.36 loss per share (improved from CN¥0.40 loss in 2Q 2024). Revenue: CN¥118.6m (up 19% from 2Q 2024). Net loss: CN¥143.2m (loss narrowed 12% from 2Q 2024). Revenue is forecast to grow 37% 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, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Announcement • Jun 30
Loongson Technology Corporation Limited to Report First Half, 2025 Results on Aug 28, 2025 Loongson Technology Corporation Limited announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 22
Loongson Technology Corporation Limited, Annual General Meeting, Jun 12, 2025 Loongson Technology Corporation Limited, Annual General Meeting, Jun 12, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China New Risk • May 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CN¥536m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 29
First quarter 2025 earnings released: CN¥0.38 loss per share (vs CN¥0.19 loss in 1Q 2024) First quarter 2025 results: CN¥0.38 loss per share (further deteriorated from CN¥0.19 loss in 1Q 2024). Revenue: CN¥125.0m (up 4.1% from 1Q 2024). Net loss: CN¥151.3m (loss widened 102% from 1Q 2024). Revenue is forecast to grow 53% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Mar 28
Loongson Technology Corporation Limited to Report Q1, 2025 Results on Apr 29, 2025 Loongson Technology Corporation Limited announced that they will report Q1, 2025 results on Apr 29, 2025 Reported Earnings • Feb 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥1.56 loss per share (further deteriorated from CN¥0.82 loss in FY 2023). Revenue: CN¥506.9m (flat on FY 2023). Net loss: CN¥623.8m (loss widened 89% from FY 2023). Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Semiconductor industry in China. Announcement • Dec 27
Loongson Technology Corporation Limited to Report Fiscal Year 2024 Results on Apr 29, 2025 Loongson Technology Corporation Limited announced that they will report fiscal year 2024 results on Apr 29, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.27 loss per share (vs CN¥0.26 loss in 3Q 2023) Third quarter 2024 results: CN¥0.27 loss per share (further deteriorated from CN¥0.26 loss in 3Q 2023). Revenue: CN¥88.2m (up 2.1% from 3Q 2023). Net loss: CN¥104.6m (loss widened 1.5% from 3Q 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. 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 8.4% 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. Announcement • Sep 30
Loongson Technology Corporation Limited to Report Q3, 2024 Results on Oct 30, 2024 Loongson Technology Corporation Limited announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.40 loss per share (vs CN¥0.08 loss in 2Q 2023) Second quarter 2024 results: CN¥0.40 loss per share (further deteriorated from CN¥0.08 loss in 2Q 2023). Revenue: CN¥99.6m (down 48% from 2Q 2023). Net loss: CN¥163.3m (loss widened 417% from 2Q 2023). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in China. Announcement • Jun 29
Loongson Technology Corporation Limited to Report First Half, 2024 Results on Aug 28, 2024 Loongson Technology Corporation Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • May 24
Loongson Technology Corporation Limited, Annual General Meeting, Jun 12, 2024 Loongson Technology Corporation Limited, Annual General Meeting, Jun 12, 2024, at 14:00 China Standard Time. Location: Wukuang Junlan Hotel, Haidian District, Beijing China Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.19 loss per share (vs CN¥0.18 loss in 1Q 2023) First quarter 2024 results: CN¥0.19 loss per share (further deteriorated from CN¥0.18 loss in 1Q 2023). Revenue: CN¥120.0m (up 1.6% from 1Q 2023). Net loss: CN¥74.8m (loss widened 3.6% from 1Q 2023). Revenue is forecast to grow 68% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Mar 30
Loongson Technology Corporation Limited to Report Q1, 2024 Results on Apr 27, 2024 Loongson Technology Corporation Limited announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 29
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: CN¥0.82 loss per share (down from CN¥0.14 profit in FY 2022). Revenue: CN¥508.4m (down 31% from FY 2022). Net loss: CN¥329.3m (down CN¥381.1m from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.5%. Revenue is forecast to grow 60% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Dec 30
Loongson Technology Corporation Limited to Report Fiscal Year 2023 Results on Apr 27, 2024 Loongson Technology Corporation Limited announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.26 loss per share (vs CN¥0.041 loss in 3Q 2022) Third quarter 2023 results: CN¥0.26 loss per share (further deteriorated from CN¥0.041 loss in 3Q 2022). Revenue: CN¥86.4m (down 37% from 3Q 2022). Net loss: CN¥103.1m (loss widened CN¥87.4m from 3Q 2022). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Announcement • Aug 31
Loongson Technology Corporation Limited (SHSE:688047) announces an Equity Buyback for CNY 50 million worth of its shares. Loongson Technology Corporation Limited (SHSE:688047) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million. The shares will be purchased at a price not exceeding CNY 128 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months. Reported Earnings • Aug 24
Second quarter 2023 earnings released: CN¥0.08 loss per share (vs CN¥0.15 profit in 2Q 2022) Second quarter 2023 results: CN¥0.08 loss per share (down from CN¥0.15 profit in 2Q 2022). Revenue: CN¥189.8m (up 14% from 2Q 2022). Net loss: CN¥31.6m (down 160% from profit in 2Q 2022). Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Jun 28
Loongson Technology Corporation Limited to Report First Half, 2023 Results on Aug 24, 2023 Loongson Technology Corporation Limited announced that they will report first half, 2023 results on Aug 24, 2023 Reported Earnings • Apr 26
First quarter 2023 earnings released: CN¥0.18 loss per share (vs CN¥0.10 profit in 1Q 2022) First quarter 2023 results: CN¥0.18 loss per share (down from CN¥0.10 profit in 1Q 2022). Revenue: CN¥118.1m (down 35% from 1Q 2022). Net loss: CN¥72.2m (down 298% from profit in 1Q 2022). Revenue is forecast to grow 62% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Reported Earnings • Feb 25
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.13 (down from CN¥0.66 in FY 2021). Revenue: CN¥739.3m (down 39% from FY 2021). Net income: CN¥50.8m (down 79% from FY 2021). Profit margin: 6.9% (down from 20% in FY 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 34%. Earnings per share (EPS) also missed analyst estimates by 71%. Revenue is forecast to grow 62% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Hui Wu 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. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: CN¥0.041 loss per share. Net loss: CN¥15.7m (flat on 3Q 2021). Revenue is forecast to grow 43% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. Reported Earnings • Sep 01
Second quarter 2022 earnings released Second quarter 2022 results: EPS: CN¥0.15. Net income: CN¥52.3m (up CN¥52.3m from 2Q 2021). Over the next year, revenue is forecast to grow 91%, compared to a 46% growth forecast for the Semiconductor industry in China.