New Risk • May 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 81% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Announcement • Apr 25
Shanghai New Vision Microelectronics Co., Ltd, Annual General Meeting, May 28, 2026 Shanghai New Vision Microelectronics Co., Ltd, Annual General Meeting, May 28, 2026, at 14:00 China Standard Time. Location: Office Building T3, No. 10, Cangwu Road, Xuhui District, Shanghai China New Risk • Apr 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 4.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 81% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Announcement • Mar 30
Shanghai New Vision Microelectronics Co., Ltd to Report Q1, 2026 Results on Apr 25, 2026 Shanghai New Vision Microelectronics Co., Ltd announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Feb 01
New major risk - Revenue and earnings growth Earnings have declined by 51% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Dec 26
Shanghai New Vision Microelectronics Co., Ltd to Report Fiscal Year 2025 Results on Apr 25, 2026 Shanghai New Vision Microelectronics Co., Ltd announced that they will report fiscal year 2025 results on Apr 25, 2026 Board Change • Nov 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Bo Zhou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.006 (vs CN¥0.021 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.006 (down from CN¥0.021 in 3Q 2024). Revenue: CN¥151.0m (up 35% from 3Q 2024). Net income: CN¥2.73m (down 60% from 3Q 2024). Profit margin: 1.8% (down from 6.1% in 3Q 2024). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. New Risk • Oct 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Sep 30
Shanghai New Vision Microelectronics Co., Ltd to Report Q3, 2025 Results on Oct 25, 2025 Shanghai New Vision Microelectronics Co., Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 New Risk • Sep 11
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 8.3% 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 Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 25
Second quarter 2025 earnings released: EPS: CN¥0.007 (vs CN¥0.016 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.007 (down from CN¥0.016 in 2Q 2024). Revenue: CN¥135.2m (up 3.2% from 2Q 2024). Net income: CN¥3.26m (down 60% from 2Q 2024). Profit margin: 2.4% (down from 6.2% in 2Q 2024). Revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Jun 30
Shanghai New Vision Microelectronics Co., Ltd to Report First Half, 2025 Results on Aug 23, 2025 Shanghai New Vision Microelectronics Co., Ltd announced that they will report first half, 2025 results on Aug 23, 2025 Announcement • May 29
Shanghai New Vision Microelectronics Co., Ltd, Annual General Meeting, Jun 20, 2025 Shanghai New Vision Microelectronics Co., Ltd, Annual General Meeting, Jun 20, 2025, at 14:00 China Standard Time. Location: T3 Office Building, No. 10, Cangwu Road, Xuhui District, Shanghai China New Risk • May 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 27
First quarter 2025 earnings released: EPS: CN¥0.005 (vs CN¥0.025 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.005 (up from CN¥0.025 loss in 1Q 2024). Revenue: CN¥150.3m (up 50% from 1Q 2024). Net income: CN¥2.19m (up CN¥13.6m from 1Q 2024). Profit margin: 1.5% (up from net loss in 1Q 2024). Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Announcement • Mar 28
Shanghai New Vision Microelectronics Co., Ltd to Report Q1, 2025 Results on Apr 26, 2025 Shanghai New Vision Microelectronics Co., Ltd announced that they will report Q1, 2025 results on Apr 26, 2025 Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Bo Zhou was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (13% average weekly change). Announcement • Dec 27
Shanghai New Vision Microelectronics Co., Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025 Shanghai New Vision Microelectronics Co., Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 19
Third quarter 2024 earnings released: EPS: CN¥0.021 (vs CN¥0.006 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.021 (up from CN¥0.006 loss in 3Q 2023). Revenue: CN¥111.9m (down 15% from 3Q 2023). Net income: CN¥6.79m (up CN¥9.48m from 3Q 2023). Profit margin: 6.1% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. 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 8.0% 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: Major Risk Earnings have declined by 4.6% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Announcement • Sep 30
Shanghai New Vision Microelectronics Co., Ltd to Report Q3, 2024 Results on Oct 19, 2024 Shanghai New Vision Microelectronics Co., Ltd announced that they will report Q3, 2024 results on Oct 19, 2024 Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.016 (vs CN¥0.037 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.016 (down from CN¥0.037 in 2Q 2023). Revenue: CN¥131.0m (up 7.5% from 2Q 2023). Net income: CN¥8.10m (down 45% from 2Q 2023). Profit margin: 6.2% (down from 12% in 2Q 2023). Announcement • Jun 29
Shanghai New Vision Microelectronics Co., Ltd to Report First Half, 2024 Results on Aug 24, 2024 Shanghai New Vision Microelectronics Co., Ltd announced that they will report first half, 2024 results on Aug 24, 2024 Announcement • Apr 29
Shanghai New Vision Microelectronics Co., Ltd, Annual General Meeting, May 22, 2024 Shanghai New Vision Microelectronics Co., Ltd, Annual General Meeting, May 22, 2024, at 14:00 China Standard Time. Location: T3, No. 10, Cangwu Road, Pudong New Area, Shanghai China Reported Earnings • Apr 28
First quarter 2024 earnings released: CN¥0.025 loss per share (vs CN¥0.046 profit in 1Q 2023) First quarter 2024 results: CN¥0.025 loss per share (down from CN¥0.046 profit in 1Q 2023). Revenue: CN¥100.2m (down 8.6% from 1Q 2023). Net loss: CN¥11.5m (down 166% from profit in 1Q 2023). Announcement • Mar 30
Shanghai New Vision Microelectronics Co., Ltd to Report Q1, 2024 Results on Apr 27, 2024 Shanghai New Vision Microelectronics Co., Ltd announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: CN¥0.065 (vs CN¥0.29 in FY 2022) Full year 2023 results: EPS: CN¥0.065 (down from CN¥0.29 in FY 2022). Revenue: CN¥480.4m (up 13% from FY 2022). Net income: CN¥27.4m (down 75% from FY 2022). Profit margin: 5.7% (down from 25% in FY 2022). The decrease in margin was driven by higher expenses. Announcement • Feb 23
Shanghai New Vision Microelectronics Co., Ltd (SHSE:688593) announces an Equity Buyback for CNY 80 million worth of its shares. Shanghai New Vision Microelectronics Co., Ltd (SHSE:688593) announces a share repurchase program. Under the program, the company will repurchase up to its A shares for a total of CNY 80 million. The shares will be purchased at a price not exceeding CNY 16.6 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. New Risk • Feb 05
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 6.9% 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: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (9.3% net profit margin). Reported Earnings • Nov 01
Third quarter 2023 earnings released Third quarter 2023 results: CN¥0.006 loss per share. Net loss: CN¥2.69m (flat on 3Q 2022). New Risk • Aug 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 30% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). New Risk • Jun 29
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2021. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2021 fiscal period end). Shares are highly illiquid. Announcement • Jun 28
Shanghai New Vision Microelectronics Co., Ltd to Report First Half, 2023 Results on Aug 28, 2023 Shanghai New Vision Microelectronics Co., Ltd announced that they will report first half, 2023 results on Aug 28, 2023 Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥17.63, the stock trades at a trailing P/E ratio of 53.1x. Average trailing P/E is 70x in the Semiconductor industry in China.