SEHK:1385

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Shanghai Fudan Microelectronics Group

Executive Summary

Shanghai Fudan Microelectronics Group Company Limited designs, develops, and sells products of specific application integrated circuits (ICs) in Mainland China, rest of the Asia Pacific, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Shanghai Fudan Microelectronics Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1385 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1385's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

7.1%

1385

-0.2%

HK Semiconductor

-1.0%

HK Market


1 Year Return

101.4%

1385

107.4%

HK Semiconductor

9.0%

HK Market

Return vs Industry: 1385 underperformed the Hong Kong Semiconductor industry which returned 107.4% over the past year.

Return vs Market: 1385 exceeded the Hong Kong Market which returned 9% over the past year.


Shareholder returns

1385IndustryMarket
7 Day7.1%-0.2%-1.0%
30 Day-5.5%8.5%5.9%
90 Day-30.9%16.7%7.5%
1 Year101.4%101.4%109.3%107.4%13.4%9.0%
3 Year71.4%71.4%124.7%117.8%2.4%-8.3%
5 Year125.8%125.8%199.4%176.1%36.9%13.8%

Long-Term Price Volatility Vs. Market

How volatile is Shanghai Fudan Microelectronics Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shanghai Fudan Microelectronics Group undervalued compared to its fair value and its price relative to the market?

3.69x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 1385 (HK$11.74) is trading above our estimate of fair value (HK$0.81)

Significantly Below Fair Value: 1385 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1385 is unprofitable, so we can't compare its PE Ratio to the HK Semiconductor industry average.

PE vs Market: 1385 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1385's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1385 is overvalued based on its PB Ratio (3.7x) compared to the HK Semiconductor industry average (1.4x).


Next Steps

Future Growth

How is Shanghai Fudan Microelectronics Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.8%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shanghai Fudan Microelectronics Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Shanghai Fudan Microelectronics Group performed over the past 5 years?

-39.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1385 is currently unprofitable.

Growing Profit Margin: 1385 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1385 is unprofitable, and losses have increased over the past 5 years at a rate of 39.3% per year.

Accelerating Growth: Unable to compare 1385's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1385 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (36.4%).


Return on Equity

High ROE: 1385 has a negative Return on Equity (0.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shanghai Fudan Microelectronics Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1385's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥430.8M).

Long Term Liabilities: 1385's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥77.1M).


Debt to Equity History and Analysis

Debt Level: 1385 is debt free.

Reducing Debt: 1385 has not had any debt for past 5 years.

Debt Coverage: 1385 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1385 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Shanghai Fudan Microelectronics Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1385's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1385's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1385's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1385's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1385 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1385's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average board tenure


CEO

Lei Shi (53 yo)

no data

Tenure

CN¥3,629,000

Compensation

Mr. Lei Shi serves as a Managing Director of Shanghai Fudan Microelectronics Group Company Limited. Mr. Shi joined Shanghai Fudan Microelectronics Company Limited at the time of its establishment in July 1...


CEO Compensation Analysis

Compensation vs Market: Lei's total compensation ($USD555.69K) is about average for companies of similar size in the Hong Kong market ($USD462.64K).

Compensation vs Earnings: Lei's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Guoxing Jiang
Executive Chairmanno dataCN¥300.00k1.04%
CN¥ 84.6m
Lei Shi
MD & Executive Directorno dataCN¥3.63m1.04%
CN¥ 84.6m
Junxia Cheng
Chief Engineer & Executive Director20.42yrsCN¥1.31mno data
Jun Yu
Deputy MD & Executive Director20.42yrsCN¥2.74mno data
Qianling Zhang
Non-Executive Director20.33yrsno datano data
Ping Wu
Non-Executive Director1.33yrsno datano data
Li Guo
Independent Non-Executive Director14.58yrsCN¥36.00kno data
Zhicheng Ma
Non-Executive Director5.42yrsno datano data
Huajing Zhang
Non-Executive Director5.42yrsno datano data
Zhongyong Cao
Independent Non-Executive Director1.5yrsCN¥21.00kno data
Minyong Cai
Independent Non-Executive Director1.5yrsno datano data
Pin Wang
Independent Non-Executive Director1.5yrsCN¥21.00kno data

5.4yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 1385's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai Fudan Microelectronics Group Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Fudan Microelectronics Group Company Limited
  • Ticker: 1385
  • Exchange: SEHK
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: HK$8.153b
  • Shares outstanding: 694.50m
  • Website: https://www.fmsh.com

Number of Employees


Location

  • Shanghai Fudan Microelectronics Group Company Limited
  • Building 4
  • 127 Guotai Road
  • Shanghai
  • Shanghai Province
  • 200433
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1385SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDAug 2000
SFDM.YOTCPK (Pink Sheets LLC)ADRUSUSDJun 2010

Biography

Shanghai Fudan Microelectronics Group Company Limited designs, develops, and sells products of specific application integrated circuits (ICs) in Mainland China, rest of the Asia Pacific, and internationall...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/05 10:15
End of Day Share Price2020/12/04 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.