Reported Earnings • Aug 17
Second quarter 2026 earnings released: EPS: CN¥0.30 (vs CN¥0.13 in 2Q 2025) Second quarter 2026 results: EPS: CN¥0.30 (up from CN¥0.13 in 2Q 2025). Revenue: CN¥400.6m (up 35% from 2Q 2025). Net income: CN¥120.4m (up 131% from 2Q 2025). Profit margin: 30% (up from 18% in 2Q 2025). Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥40.30, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 111x in the Semiconductor industry in China. Total returns to shareholders of 40% over the past year. New Risk • Jul 17
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 12% 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 (12% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥49.84, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 133x in the Semiconductor industry in China. Total returns to shareholders of 86% over the past year. Announcement • Jun 30
Shenzhen China Micro Semicon Co., Ltd. to Report First Half, 2026 Results on Aug 17, 2026 Shenzhen China Micro Semicon Co., Ltd. announced that they will report first half, 2026 results on Aug 17, 2026 Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥43.01, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 102x in the Semiconductor industry in China. Total returns to shareholders of 68% over the past year. Board Change • May 20
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. 10 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Xiao Ke Song 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. Announcement • Mar 30
Shenzhen China Micro Semicon Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Shenzhen China Micro Semicon Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Mar 19
Shenzhen China Micro Semicon Co., Ltd., Annual General Meeting, Apr 09, 2026 Shenzhen China Micro Semicon Co., Ltd., Annual General Meeting, Apr 09, 2026, at 14:30 China Standard Time. Location: 21F, Building T1, Qianhai Financial Center, Guiwan 3rd Road, Nanshan Subdistrict, Qianhai Shenzhen - Hong Kong Cooperation Zone, Shenzhen, Guangdong China Announcement • Dec 26
Shenzhen China Micro Semicon Co., Ltd. to Report Fiscal Year 2025 Results on Mar 20, 2026 Shenzhen China Micro Semicon Co., Ltd. announced that they will report fiscal year 2025 results on Mar 20, 2026 Announcement • Sep 30
Shenzhen China Micro Semicon Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Shenzhen China Micro Semicon Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jun 30
Shenzhen China Micro Semicon Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Shenzhen China Micro Semicon Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Apr 11
Shenzhen China Micro Semicon Co., Ltd., Annual General Meeting, May 28, 2025 Shenzhen China Micro Semicon Co., Ltd., Annual General Meeting, May 28, 2025, at 14:00 China Standard Time. Location: 21F, Building T1, No. 91, Guiwan 3rd Road, Nanshan Subdistrict, Qianhai Shenzhen Hong Kong Cooperation Zone, Shenzhen, Guangdong China Announcement • Mar 28
Shenzhen China Micro Semicon Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Shenzhen China Micro Semicon Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
Shenzhen China Micro Semicon Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025 Shenzhen China Micro Semicon Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.032 loss in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.17 (up from CN¥0.032 loss in 3Q 2023). Revenue: CN¥220.7m (up 26% from 3Q 2023). Net income: CN¥68.3m (up CN¥100.8m from 3Q 2023). Profit margin: 31% (up from net loss in 3Q 2023). Buy Or Sell Opportunity • Oct 11
Now 23% undervalued Over the last 90 days, the stock has risen 45% to CN¥24.62. The fair value is estimated to be CN¥31.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 67% over the last year. Meanwhile, the company became loss making. Announcement • Sep 30
Shenzhen China Micro Semicon Co., Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Shenzhen China Micro Semicon Co., Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.038 (vs CN¥0.045 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.038 (up from CN¥0.045 loss in 2Q 2023). Revenue: CN¥223.3m (up 43% from 2Q 2023). Net income: CN¥14.2m (up CN¥30.6m from 2Q 2023). Profit margin: 6.4% (up from net loss in 2Q 2023). Announcement • Jun 28
Shenzhen China Micro Semicon Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024 Shenzhen China Micro Semicon Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 29
Shenzhen China Micro Semicon Co., Ltd., Annual General Meeting, May 17, 2024 Shenzhen China Micro Semicon Co., Ltd., Annual General Meeting, May 17, 2024, at 14:00 China Standard Time. Location: 21F, Building T1, Qianhai Excellence Financial Center, Guiwan 3rd Road, Nanshan District, Shenzhen, Guangdong China Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.11 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.11 in 1Q 2023). Revenue: CN¥205.4m (up 56% from 1Q 2023). Net income: CN¥28.8m (down 33% from 1Q 2023). Profit margin: 14% (down from 33% in 1Q 2023). Announcement • Mar 29
Shenzhen China Micro Semicon Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Shenzhen China Micro Semicon Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 26
Full year 2023 earnings released: CN¥0.07 loss per share (vs CN¥0.17 profit in FY 2022) Full year 2023 results: CN¥0.07 loss per share (down from CN¥0.17 profit in FY 2022). Revenue: CN¥713.6m (up 12% from FY 2022). Net loss: CN¥27.8m (down 147% from profit in FY 2022). New Risk • Feb 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 7.7% 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: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Board Change • Dec 01
No independent 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. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
