ASR Microelectronics Full Year 2024 Earnings: EPS Misses Expectations

ASR Microelectronics (SHSE:688220) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥34t (up by CN¥34t from FY 2023).
• Net loss: CN¥6.87t (loss widened by CN¥6.87t from FY 2023).
• CN¥1.69 loss per share (further deteriorated from CN¥1.22 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ASR Microelectronics EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.0%.

Looking ahead, revenue is expected to decline by 150% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in China are expected to grow by 24%.

Performance of the Chinese Semiconductor industry.

The company's shares are up 50% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with ASR Microelectronics, and understanding this should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.