Announcement • Jun 30
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Zhou Wei was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 10
Zhuhai Aerospace Microchips Science & Technology Co., Ltd., Annual General Meeting, May 12, 2026 Zhuhai Aerospace Microchips Science & Technology Co., Ltd., Annual General Meeting, May 12, 2026, at 15:00 China Standard Time. Location: 1F, R and D Building, No. 1, Baisha Road, Tangjia Dong'an, Zhuhai, Guangdong China Announcement • Mar 31
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 23, 2026 Announcement • Dec 31
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 Announcement • Sep 30
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Apr 26
Zhuhai Aerospace Microchips Science & Technology Co., Ltd., Annual General Meeting, May 20, 2025 Zhuhai Aerospace Microchips Science & Technology Co., Ltd., Annual General Meeting, May 20, 2025, at 15:00 China Standard Time. Location: 1F, R and D Building, No. 1, Baisha Road, Tangjia Dong'an, Zhuhai, Guangdong China Announcement • Mar 31
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 31
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: CN¥0.053 loss per share (vs CN¥0.007 profit in 3Q 2023) Third quarter 2024 results: CN¥0.053 loss per share (down from CN¥0.007 profit in 3Q 2023). Revenue: CN¥58.4m (down 29% from 3Q 2023). Net loss: CN¥36.7m (down CN¥41.8m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: CN¥0.046 loss per share (vs CN¥0.035 profit in 2Q 2023) Second quarter 2024 results: CN¥0.046 loss per share (down from CN¥0.035 profit in 2Q 2023). Revenue: CN¥68.3m (down 35% from 2Q 2023). Net loss: CN¥31.8m (down 232% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Jul 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 8.6% 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 Risk Earnings have declined by 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Announcement • Jun 29
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 28
Zhuhai Aerospace Microchips Science & Technology Co., Ltd., Annual General Meeting, May 20, 2024 Zhuhai Aerospace Microchips Science & Technology Co., Ltd., Annual General Meeting, May 20, 2024, at 15:00 China Standard Time. Location: 1F, R and D Building, No. 1, Baisha Road, Tangjia Dong'an, Zhuhai, Guangdong China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 annual report and its summary; to consider 2023 profit distribution plan; to consider special report on the deposit and use of raised funds in 2023; to consider reappointment of 2024 audit firm; to consider confirmation of 2023 remuneration for directors and senior management, and 2024 remuneration plan; to consider confirmation of 2023 remuneration for supervisors and 2024 remuneration plan; and to consider other matters. Reported Earnings • Apr 26
Full year 2023 earnings released: CN¥0.61 loss per share (vs CN¥0.81 loss in FY 2022) Full year 2023 results: CN¥0.61 loss per share (improved from CN¥0.81 loss in FY 2022). Revenue: CN¥352.7m (down 17% from FY 2022). Net loss: CN¥425.3m (loss narrowed 26% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Dec 30
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024 New Risk • Nov 20
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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 45% per year over the past 5 years. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.007 (vs CN¥0.40 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.007 (up from CN¥0.40 loss in 3Q 2022). Revenue: CN¥82.5m (down 4.5% from 3Q 2022). Net income: CN¥5.08m (up CN¥284.5m from 3Q 2022). Profit margin: 6.2% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Zhuhai Aerospace Microchips Science & Technology Co., Ltd. to Report Q3, 2023 Results on Oct 27, 2023 Zhuhai Aerospace Microchips Science & Technology Co., Ltd. announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.035 (vs CN¥0.012 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.035 (up from CN¥0.012 in 2Q 2022). Revenue: CN¥104.4m (down 20% from 2Q 2022). Net income: CN¥24.1m (up 175% from 2Q 2022). Profit margin: 23% (up from 6.7% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Board Change • Jun 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Donghui Zhang was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 03
Zhuhai Orbita Aerospace Science & Technology Co.,Ltd Announces Board Election Zhuhai Orbita Aerospace Science & Technology Co.,Ltd at the EGM held on 1 June 2023, elected Zhang Donghui, Deng Xiangxiang and Gao Tong as non-independent directors. The company elected Fu Jin and Zhang Yi as independent directors. The company elected Fang Qiupeng as supervisors. Reported Earnings • Apr 16
First quarter 2023 earnings released: EPS: CN¥0.039 (vs CN¥0.012 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.039 (up from CN¥0.012 in 1Q 2022). Revenue: CN¥120.4m (down 13% from 1Q 2022). Net income: CN¥27.3m (up 241% from 1Q 2022). Profit margin: 23% (up from 5.8% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Non-Independent Director Xinzhang Zhang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.40 loss per share (vs CN¥0.016 profit in 3Q 2021) Third quarter 2022 results: CN¥0.40 loss per share (down from CN¥0.016 profit in 3Q 2021). Revenue: CN¥86.4m (down 55% from 3Q 2021). Net loss: CN¥279.4m (down CN¥290.6m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Oct 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. Non-Independent Director Xinzhang Zhang is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 28
Full year 2021 earnings released: EPS: CN¥0.061 (vs CN¥0.15 in FY 2020) Full year 2021 results: EPS: CN¥0.061 (down from CN¥0.15 in FY 2020). Revenue: CN¥696.0m (down 20% from FY 2020). Net income: CN¥42.6m (down 61% from FY 2020). Profit margin: 6.1% (down from 12% in FY 2020). Over the next year, revenue is forecast to grow 48%, compared to a 44% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Independent Director Ronghua Chen was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥8.60, the stock trades at a trailing P/E ratio of 58.5x. Average trailing P/E is 65x in the Semiconductor industry in China. Total returns to shareholders of 8.1% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.016 (vs CN¥0.026 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥191.1m (down 7.4% from 3Q 2020). Net income: CN¥11.2m (down 38% from 3Q 2020). Profit margin: 5.8% (down from 8.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.018 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥188.7m (down 11% from 2Q 2020). Net income: CN¥15.3m (up 19% from 2Q 2020). Profit margin: 8.1% (up from 6.1% in 2Q 2020). The increase in margin was driven by lower expenses. 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 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥10.62, the stock trades at a trailing P/E ratio of 69.4x. Average trailing P/E is 75x in the Semiconductor industry in China. Total loss to shareholders of 7.3% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥10.03, the stock trades at a trailing P/E ratio of 65.6x. Average trailing P/E is 70x in the Semiconductor industry in China. Total loss to shareholders of 9.4% over the past three years. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS CN¥0.15 (vs CN¥0.34 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥869.8m (up 2.1% from FY 2019). Net income: CN¥108.1m (up CN¥341.9m from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Dec 24
New 90-day low: CN¥8.76 The company is down 25% from its price of CN¥11.68 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: CN¥10.12 The company is down 24% from its price of CN¥13.25 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 8.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥260.1m, with earnings decreasing by CN¥335.9m from the prior year. Total revenue was CN¥843.1m over the last 12 months, down 4.6% from the prior year. Is New 90 Day High Low • Oct 28
New 90-day low: CN¥11.06 The company is down 7.0% from its price of CN¥11.85 on 30 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is down 9.0% over the same period. 
