Reported Earnings • Aug 10
Second quarter 2026 earnings released: EPS: CN¥0.24 (vs CN¥0.16 in 2Q 2025) Second quarter 2026 results: EPS: CN¥0.24 (up from CN¥0.16 in 2Q 2025). Revenue: CN¥344.1m (up 33% from 2Q 2025). Net income: CN¥29.9m (up 42% from 2Q 2025). Profit margin: 8.7% (up from 8.2% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥31.34, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 98x in the Semiconductor industry in China. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to CN¥53.17, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 143x in the Semiconductor industry in China. Total returns to shareholders of 101% over the past three years. Announcement • Jun 30
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report First Half, 2026 Results on Aug 10, 2026 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report first half, 2026 results on Aug 10, 2026 Board Change • Jun 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Pucha Wang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Jun 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 8.6% 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. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥46.82, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 106x in the Semiconductor industry in China. Total returns to shareholders of 85% over the past three years. New Risk • Apr 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 12% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Apr 23
First quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.05 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.14 (up from CN¥0.05 in 1Q 2025). Revenue: CN¥267.3m (up 22% from 1Q 2025). Net income: CN¥18.3m (up 200% from 1Q 2025). Profit margin: 6.9% (up from 2.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 23
Changzhou Galaxy Century Microelectronics Co.,Ltd., Annual General Meeting, May 22, 2026 Changzhou Galaxy Century Microelectronics Co.,Ltd., Annual General Meeting, May 22, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China New Risk • Apr 08
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 8.2% 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 10% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Announcement • Mar 30
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥32.07, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 84x in the Semiconductor industry in China. Total returns to shareholders of 14% over the past three years. Announcement • Dec 26
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 23, 2026 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 23, 2026 Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.071 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.071 in 3Q 2024). Revenue: CN¥268.2m (up 21% from 3Q 2024). Net income: CN¥19.1m (up 89% from 3Q 2024). Profit margin: 7.1% (up from 4.5% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 30
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Pucha Wang was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • May 05
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: 6.5% Last year net profit margin: 9.4% 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 11% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.5% net profit margin). Announcement • Apr 28
Changzhou Galaxy Century Microelectronics Co.,Ltd., Annual General Meeting, May 19, 2025 Changzhou Galaxy Century Microelectronics Co.,Ltd., Annual General Meeting, May 19, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Reported Earnings • Apr 27
Full year 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.50 in FY 2023) Full year 2024 results: EPS: CN¥0.56 (up from CN¥0.50 in FY 2023). Revenue: CN¥909.0m (up 31% from FY 2023). Net income: CN¥71.9m (up 12% from FY 2023). Profit margin: 7.9% (down from 9.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥19.00, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 66x in the Semiconductor industry in China. Total loss to shareholders of 31% over the past three years. Announcement • Mar 28
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: CN¥0.54 (vs CN¥0.50 in FY 2023) Full year 2024 results: EPS: CN¥0.54 (up from CN¥0.50 in FY 2023). Revenue: CN¥903.6m (up 30% from FY 2023). Net income: CN¥69.7m (up 8.9% from FY 2023). Profit margin: 7.7% (down from 9.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Dec 27
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥26.94, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 68x in the Semiconductor industry in China. Total loss to shareholders of 34% over the past three years. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.15 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.071 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥222.0m (up 15% from 3Q 2023). Net income: CN¥10.1m (down 48% from 3Q 2023). Profit margin: 4.5% (down from 9.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.08, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 58x in the Semiconductor industry in China. Total loss to shareholders of 27% over the past three years. Announcement • Sep 30
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥18.66, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 47x in the Semiconductor industry in China. Total loss to shareholders of 35% over the past three years. Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.16. Revenue: CN¥221.3m (up 21% from 2Q 2023). Net income: CN¥17.5m (down 6.3% from 2Q 2023). Profit margin: 7.9% (down from 10% in 2Q 2023). Announcement • Jun 28
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥21.90, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 52x in the Semiconductor industry in China. Total loss to shareholders of 34% over the past three years. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.09 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.09 in 1Q 2023). Revenue: CN¥194.8m (up 33% from 1Q 2023). Net income: CN¥17.3m (up 47% from 1Q 2023). Profit margin: 8.9% (up from 8.0% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥15.42, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 49x in the Semiconductor industry in China. Total loss to shareholders of 41% over the past three years. New Risk • Apr 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 91% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10.0% average weekly change). Large one-off items impacting financial results. Announcement • Mar 29
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Mar 26
Changzhou Galaxy Century Microelectronics Co.,Ltd., Annual General Meeting, Apr 17, 2024 Changzhou Galaxy Century Microelectronics Co.,Ltd., Annual General Meeting, Apr 17, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Changzhou, Jiangsu China Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.67 in FY 2022) Full year 2023 results: EPS: CN¥0.50 (down from CN¥0.67 in FY 2022). Revenue: CN¥695.3m (up 2.9% from FY 2022). Net income: CN¥64.1m (down 26% from FY 2022). Profit margin: 9.2% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥20.35, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 55x in the Semiconductor industry in China. Total loss to shareholders of 19% over the past three years. Announcement • Feb 08
Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) announces an Equity Buyback for CNY 50 million worth of its shares. Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) announces a share repurchase program. Under the program, the company will repurchase its own shares for a total of CNY 50 million. The shares will be purchased at a price not exceeding CNY 20 per share. The purpose of the program is to enhance investor confidence; fully mobilize the enthusiasm of the company's employees; improve the company's long-term incentive mechanism, and effectively integrate the interests of shareholders and the company's interests, promote for the company's long-term, stable, and sustainable development. The repurchased shares will be used for the implementation of ESOP or equity incentive plan and will be transferred within three years after the implementation results of the share repurchase and the announcement of share changes. If the company fails to transfer the repurchased shares within three years after the announcement of the results of the share repurchase and share changes, the repurchased shares that have not yet been transferred will be cancelled. The program will be funded from company's own funds. The program will be valid for 3 months. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to CN¥14.66, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 45x in the Semiconductor industry in China. Total loss to shareholders of 41% over the past three years. 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 6.7% 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 Dividend is not well covered by cash flows (205% cash payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥21.18, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 54x in the Semiconductor industry in China. Total loss to shareholders of 16% over the past year. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.082 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.082 in 3Q 2022). Revenue: CN¥193.5m (up 24% from 3Q 2022). Net income: CN¥19.2m (up 80% from 3Q 2022). Profit margin: 9.9% (up from 6.8% in 3Q 2022). New Risk • Oct 20
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 6.2% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.9% net profit margin). Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.26 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.26 in 2Q 2022). Revenue: CN¥183.0m (down 5.1% from 2Q 2022). Net income: CN¥18.7m (down 44% from 2Q 2022). Profit margin: 10% (down from 17% in 2Q 2022). Announcement • Jun 28
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report First Half, 2023 Results on Aug 29, 2023 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Upcoming Dividend • May 02
Upcoming dividend of CN¥0.22 per share at 0.9% yield Eligible shareholders must have bought the stock before 08 May 2023. Payment date: 08 May 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Chinese dividend payers (2.0%). In line with average of industry peers (0.8%). Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥23.78, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 62x in the Semiconductor industry in China. Total loss to shareholders of 4.7% over the past year. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: CN¥0.66 (vs CN¥1.12 in FY 2021) Full year 2022 results: EPS: CN¥0.66 (down from CN¥1.12 in FY 2021). Revenue: CN¥676.3m (down 19% from FY 2021). Net income: CN¥84.3m (down 40% from FY 2021). Profit margin: 13% (down from 17% in FY 2021). The decrease in margin was driven by lower revenue. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Director Liu Jun was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.082 (vs CN¥0.36 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.082 (down from CN¥0.36 in 3Q 2021). Revenue: CN¥156.6m (down 26% from 3Q 2021). Net income: CN¥10.7m (down 78% from 3Q 2021). Profit margin: 6.8% (down from 22% in 3Q 2021). The decrease in margin was driven by lower revenue. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.33 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.26 (down from CN¥0.33 in 2Q 2021). Revenue: CN¥192.8m (down 17% from 2Q 2021). Net income: CN¥33.4m (down 17% from 2Q 2021). Profit margin: 17% (in line with 2Q 2021). Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥33.86, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 59x in the Semiconductor industry in China. Total loss to shareholders of 5.7% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥30.38, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 48x in the Semiconductor industry in China. Total loss to shareholders of 1.8% over the past year. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.14 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥172.5m (flat on 1Q 2021). Net income: CN¥20.0m (up 14% from 1Q 2021). Profit margin: 12% (up from 10% in 1Q 2021). Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥32.06, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 62x in the Semiconductor industry in China. Total returns to shareholders of 43% over the past year. Reported Earnings • Mar 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: CN¥1.12 (up from CN¥0.72 in FY 2020). Revenue: CN¥831.5m (up 36% from FY 2020). Net income: CN¥140.4m (up 102% from FY 2020). Profit margin: 17% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 37% share price gain to CN¥57.72, the stock trades at a trailing P/E ratio of 59.2x. Average trailing P/E is 75x in the Semiconductor industry in China. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.20 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥211.9m (up 27% from 3Q 2020). Net income: CN¥47.4m (up 151% from 3Q 2020). Profit margin: 22% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS CN¥0.33 (vs CN¥0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥232.4m (up 39% from 2Q 2020). Net income: CN¥40.2m (up 113% from 2Q 2020). Profit margin: 17% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥32.00, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 77x in the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥34.35, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 69x in the Semiconductor industry in China. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥30.28, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 65x in the Semiconductor industry in China. Reported Earnings • Apr 20
First quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.17 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥172.1m (up 14% from 1Q 2020). Net income: CN¥17.6m (up 11% from 1Q 2020). Profit margin: 10% (in line with 1Q 2020). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥26.84, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 64x in the Semiconductor industry in China. Announcement • Feb 17
Changzhou Galaxy Century Microelectronics Co.,Ltd. to Report Fiscal Year 2020 Results on Apr 06, 2021 Changzhou Galaxy Century Microelectronics Co.,Ltd. announced that they will report fiscal year 2020 results on Apr 06, 2021 
