Duyuru • Jun 05
KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026 KINGSEMI Co., Ltd., Annual General Meeting, Jun 26, 2026, at 13:00 China Standard Time. Board Change • May 20
Less than half of directors are independent There are 9 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: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yu Zhong is the most experienced director on the board, commencing their role in 2022. Independent Director Weiwei Pan was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Mar 30
KINGSEMI Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026 KINGSEMI Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 Duyuru • Dec 26
KINGSEMI Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 KINGSEMI Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Duyuru • Sep 30
KINGSEMI Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 KINGSEMI Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Duyuru • Jun 30
KINGSEMI Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 KINGSEMI Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Duyuru • Apr 26
KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025 KINGSEMI Co., Ltd., Annual General Meeting, May 16, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Shenyang, Liaoning China Duyuru • Mar 28
KINGSEMI Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 KINGSEMI Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Duyuru • Dec 27
KINGSEMI Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 KINGSEMI Co., Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Reported Earnings • Oct 23
Third quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.42 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.16 (down from CN¥0.42 in 3Q 2023). Revenue: CN¥411.0m (down 20% from 3Q 2023). Net income: CN¥32.9m (down 61% from 3Q 2023). Profit margin: 8.0% (down from 17% in 3Q 2023). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Duyuru • Sep 30
KINGSEMI Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024 KINGSEMI Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 New Risk • Sep 13
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: 11% Last year net profit margin: 17% 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 High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). New Risk • Jul 18
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 9.5% 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 (9.5% average weekly change). High level of non-cash earnings (41% accrual ratio). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥67.62, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 33% over the past year. Duyuru • Jun 28
KINGSEMI Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 KINGSEMI Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥112, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 43% over the past year. Duyuru • May 26
KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024 KINGSEMI Co., Ltd., Annual General Meeting, Jun 17, 2024, at 13:30 China Standard Time. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.48 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.48 in 1Q 2023). Revenue: CN¥244.2m (down 15% from 1Q 2023). Net income: CN¥16.0m (down 76% from 1Q 2023). Profit margin: 6.6% (down from 23% in 1Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Duyuru • Mar 29
KINGSEMI Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 KINGSEMI Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CN¥1.82 (vs CN¥1.53 in FY 2022) Full year 2023 results: EPS: CN¥1.82 (up from CN¥1.53 in FY 2022). Revenue: CN¥1.72b (up 24% from FY 2022). Net income: CN¥250.5m (up 25% from FY 2022). Profit margin: 15% (in line with FY 2022). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Semiconductor industry in China. Duyuru • Feb 23
KINGSEMI Co., Ltd. (SHSE:688037) announces an Equity Buyback for CNY 20 million worth of its shares. KINGSEMI Co., Ltd. (SHSE:688037) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not more than CNY 150 per share. The repurchased share will be used for employee stock ownership plan and equity incentives. The funds for the repurchases are the part of the over-raised funds obtained from the company’s initial public offering of RMB ordinary shares. The program will be valid for a period of 6 months. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥89.93, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 25x in the Semiconductor industry in China. Duyuru • Dec 29
KINGSEMI Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024 KINGSEMI Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.61 (vs CN¥0.54 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.61 (up from CN¥0.54 in 3Q 2022). Revenue: CN¥510.9m (up 30% from 3Q 2022). Net income: CN¥84.6m (up 15% from 3Q 2022). Profit margin: 17% (down from 19% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in China. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: CN¥0.51 (vs CN¥0.29 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.51 (up from CN¥0.29 in 2Q 2022). Revenue: CN¥407.4m (up 27% from 2Q 2022). Net income: CN¥69.7m (up 88% from 2Q 2022). Profit margin: 17% (up from 12% in 2Q 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. New Risk • Aug 16
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 6.1% 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 High level of non-cash earnings (34% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change). Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥129, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 37x in the Semiconductor industry in China. Duyuru • Jun 28
KINGSEMI Co., Ltd. to Report First Half, 2023 Results on Aug 29, 2023 KINGSEMI Co., Ltd. announced that they will report first half, 2023 results on Aug 29, 2023 Reported Earnings • Apr 18
Full year 2022 earnings released: EPS: CN¥2.27 (vs CN¥0.92 in FY 2021) Full year 2022 results: EPS: CN¥2.27 (up from CN¥0.92 in FY 2021). Revenue: CN¥1.38b (up 67% from FY 2021). Net income: CN¥200.2m (up 159% from FY 2021). Profit margin: 14% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Semiconductor industry in China. Board Change • Mar 16
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. 6 non-independent directors. Independent Director Yu Zhu was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 