Announcement • Mar 31
ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 21, 2026 ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 21, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Announcement • Mar 30
ASR Microelectronics Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 ASR Microelectronics Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Dec 26
ASR Microelectronics Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 ASR Microelectronics Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Sep 30
ASR Microelectronics Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 ASR Microelectronics Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
ASR Microelectronics Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 ASR Microelectronics Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Apr 30
ASR Microelectronics Co., Ltd., Annual General Meeting, May 20, 2025 ASR Microelectronics Co., Ltd., Annual General Meeting, May 20, 2025, at 10:00 China Standard Time. Location: The Company's Meeting Room, Shanghai China Announcement • Mar 28
ASR Microelectronics Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 ASR Microelectronics Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
ASR Microelectronics Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 ASR Microelectronics Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.36 loss per share (vs CN¥0.23 loss in 3Q 2023) Third quarter 2024 results: CN¥0.36 loss per share (further deteriorated from CN¥0.23 loss in 3Q 2023). Revenue: CN¥884.5m (up 12% from 3Q 2023). Net loss: CN¥147.8m (loss widened 64% from 3Q 2023). Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. 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 7.3% 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 Currently unprofitable and not forecast to become profitable over next 2 years (CN¥18m net loss in 2 years). Share price has been volatile over the past 3 months (7.3% average weekly change). Announcement • Sep 30
ASR Microelectronics Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 ASR Microelectronics Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 03
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥18m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 02
Second quarter 2024 earnings released: CN¥0.34 loss per share (vs CN¥0.29 loss in 2Q 2023) Second quarter 2024 results: CN¥0.34 loss per share. Revenue: CN¥825.1m (up 27% from 2Q 2023). Net loss: CN¥139.4m (flat on 2Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Jun 28
ASR Microelectronics Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 ASR Microelectronics Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 New Risk • May 16
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥435m Forecast net loss in 2 years: CN¥29m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Breakeven Date Change • May 13
No longer forecast to breakeven The 4 analysts covering ASR Microelectronics no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥205.7m in 2026. New consensus forecast suggests the company will make a loss of CN¥226.7m in 2026. Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.31 loss per share (vs CN¥0.55 loss in 1Q 2023) First quarter 2024 results: CN¥0.31 loss per share (improved from CN¥0.55 loss in 1Q 2023). Revenue: CN¥830.1m (up 103% from 1Q 2023). Net loss: CN¥125.3m (loss narrowed 36% from 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Breakeven Date Change • Apr 04
Forecast to breakeven in 2026 The 3 analysts covering ASR Microelectronics expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 65% per year to 2025. The company is expected to make a profit of CN¥205.7m in 2026. Average annual earnings growth of 65% is required to achieve expected profit on schedule. Reported Earnings • Apr 02
Full year 2023 earnings released: CN¥1.22 loss per share (vs CN¥0.61 loss in FY 2022) Full year 2023 results: CN¥1.22 loss per share (further deteriorated from CN¥0.61 loss in FY 2022). Revenue: CN¥2.60b (up 22% from FY 2022). Net loss: CN¥505.8m (loss widened 101% from FY 2022). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Announcement • Mar 30
ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 19, 2024 ASR Microelectronics Co., Ltd., Annual General Meeting, Apr 19, 2024, at 10:00 China Standard Time. Location: 8F, Building 10, No. 399, Keyuan Road, Free Trade Experimental Zone, Shanghai China Announcement • Mar 29
ASR Microelectronics Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 ASR Microelectronics Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Feb 24
Full year 2023 earnings released: CN¥1.23 loss per share (vs CN¥0.61 loss in FY 2022) Full year 2023 results: CN¥1.23 loss per share (further deteriorated from CN¥0.61 loss in FY 2022). Revenue: CN¥2.60b (up 22% from FY 2022). Net loss: CN¥510.9m (loss widened 103% from FY 2022). Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. New Risk • Nov 03
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥492m Forecast net loss in 2 years: CN¥30m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 02
Third quarter 2023 earnings released: CN¥0.23 loss per share (vs CN¥0.24 loss in 3Q 2022) Third quarter 2023 results: CN¥0.23 loss per share (improved from CN¥0.24 loss in 3Q 2022). Revenue: CN¥787.3m (up 57% from 3Q 2022). Net loss: CN¥90.4m (loss narrowed 7.8% from 3Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Semiconductor industry in China. New Risk • Sep 04
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CN¥499m Forecast net loss in 2 years: CN¥23m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.29 loss per share (vs CN¥0.13 loss in 2Q 2022) Second quarter 2023 results: CN¥0.29 loss per share (further deteriorated from CN¥0.13 loss in 2Q 2022). Revenue: CN¥648.6m (up 24% from 2Q 2022). Net loss: CN¥140.3m (loss widened 151% from 2Q 2022). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Board Change • Jul 06
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman of the Board & GM Baojia Dai is the most experienced director on the board, commencing their role in 2015. Independent Director Ke Zhang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Feb 15
ASR Microelectronics Co., Ltd. (SHSE:688220) announces an Equity Buyback for CNY 1,000 million worth of its shares. ASR Microelectronics Co., Ltd. (SHSE:688220) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its shares. The shares will be purchased at a price not exceeding CNY 88 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan in the future and will be transferred within three years after the implementation of share repurchase results and the announcement of share changes. If the company fails to complete the transfer within the prescribed time limit, it will perform the procedure of reducing the registered capital according to law, and the shares that have not been transferred will be cancelled. The program will be funded from company's over-raised funds. The program will be valid for 12 months.