China Resources Microelectronics Limited

SHSE:688396 Stock Report

Market Cap: CN¥61.0b

China Resources Microelectronics Past Earnings Performance

Past criteria checks 2/6

China Resources Microelectronics has been growing earnings at an average annual rate of 11.2%, while the Semiconductor industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 10.7% per year. China Resources Microelectronics's return on equity is 3.4%, and it has net margins of 9.4%.

Key information

11.2%

Earnings growth rate

7.6%

EPS growth rate

Semiconductor Industry Growth27.3%
Revenue growth rate10.7%
Return on equity3.4%
Net Margin9.4%
Next Earnings Update30 Apr 2025

Recent past performance updates

Weak Statutory Earnings May Not Tell The Whole Story For China Resources Microelectronics (SHSE:688396)

Sep 06
Weak Statutory Earnings May Not Tell The Whole Story For China Resources Microelectronics (SHSE:688396)

Recent updates

Here's Why China Resources Microelectronics (SHSE:688396) Has A Meaningful Debt Burden

Dec 13
Here's Why China Resources Microelectronics (SHSE:688396) Has A Meaningful Debt Burden

China Resources Microelectronics (SHSE:688396) Will Want To Turn Around Its Return Trends

Nov 22
China Resources Microelectronics (SHSE:688396) Will Want To Turn Around Its Return Trends

At CN¥51.20, Is It Time To Put China Resources Microelectronics Limited (SHSE:688396) On Your Watch List?

Oct 30
At CN¥51.20, Is It Time To Put China Resources Microelectronics Limited (SHSE:688396) On Your Watch List?

Earnings Tell The Story For China Resources Microelectronics Limited (SHSE:688396) As Its Stock Soars 60%

Oct 08
Earnings Tell The Story For China Resources Microelectronics Limited (SHSE:688396) As Its Stock Soars 60%

Weak Statutory Earnings May Not Tell The Whole Story For China Resources Microelectronics (SHSE:688396)

Sep 06
Weak Statutory Earnings May Not Tell The Whole Story For China Resources Microelectronics (SHSE:688396)

China Resources Microelectronics Limited Just Missed Earnings - But Analysts Have Updated Their Models

Sep 03
China Resources Microelectronics Limited Just Missed Earnings - But Analysts Have Updated Their Models

China Resources Microelectronics Limited's (SHSE:688396) Shareholders Might Be Looking For Exit

Aug 23
China Resources Microelectronics Limited's (SHSE:688396) Shareholders Might Be Looking For Exit

China Resources Microelectronics (SHSE:688396) Could Be Struggling To Allocate Capital

Aug 02
China Resources Microelectronics (SHSE:688396) Could Be Struggling To Allocate Capital

China Resources Microelectronics (SHSE:688396) Has A Somewhat Strained Balance Sheet

Jul 12
China Resources Microelectronics (SHSE:688396) Has A Somewhat Strained Balance Sheet

Is China Resources Microelectronics Limited (SHSE:688396) Potentially Undervalued?

May 26
Is China Resources Microelectronics Limited (SHSE:688396) Potentially Undervalued?

Things Look Grim For China Resources Microelectronics Limited (SHSE:688396) After Today's Downgrade

May 03
Things Look Grim For China Resources Microelectronics Limited (SHSE:688396) After Today's Downgrade

China Resources Microelectronics (SHSE:688396) Might Be Having Difficulty Using Its Capital Effectively

Apr 28
China Resources Microelectronics (SHSE:688396) Might Be Having Difficulty Using Its Capital Effectively

Unpleasant Surprises Could Be In Store For China Resources Microelectronics Limited's (SHSE:688396) Shares

Apr 09
Unpleasant Surprises Could Be In Store For China Resources Microelectronics Limited's (SHSE:688396) Shares

Estimating The Intrinsic Value Of China Resources Microelectronics Limited (SHSE:688396)

Mar 18
Estimating The Intrinsic Value Of China Resources Microelectronics Limited (SHSE:688396)

Is China Resources Microelectronics (SHSE:688396) A Risky Investment?

Feb 29
Is China Resources Microelectronics (SHSE:688396) A Risky Investment?

Revenue & Expenses Breakdown

How China Resources Microelectronics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SHSE:688396 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 249,8429226901,158
30 Jun 249,6319827511,166
31 Mar 249,6701,1327681,157
31 Dec 239,9011,4797861,138
30 Sep 239,9581,6167991,154
30 Jun 239,9442,0417651,066
31 Mar 239,8922,3787401,005
31 Dec 2210,0602,617689904
30 Sep 229,9532,641633830
30 Jun 229,9402,555617809
31 Mar 229,7182,487593743
31 Dec 219,2492,268572713
30 Sep 219,0161,961593698
30 Jun 218,3691,628530622
31 Mar 217,6401,250487596
31 Dec 206,977964475566
30 Sep 206,500818446510
30 Jun 206,166639448493
31 Mar 205,939499434488
31 Dec 195,743401453483
31 Dec 186,271429491450
31 Dec 175,87670508443
31 Dec 164,397-303359343

Quality Earnings: 688396 has high quality earnings.

Growing Profit Margin: 688396's current net profit margins (9.4%) are lower than last year (16.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 688396's earnings have grown by 11.2% per year over the past 5 years.

Accelerating Growth: 688396's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 688396 had negative earnings growth (-42.9%) over the past year, making it difficult to compare to the Semiconductor industry average (12.9%).


Return on Equity

High ROE: 688396's Return on Equity (3.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 09:23
End of Day Share Price 2025/01/09 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Resources Microelectronics Limited is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen HeChasing Securities
Kevin ChenCitigroup Inc
Chaolien TsengCredit Suisse