not vested
HUA HONG SEMI Craters 4.8% as 4Q24 Net Loss US$25.2M on FX Losses
HUA HONG SEMI (01347.HK) 4Q24 quarterly revenue surged by 18.4% YoY to US$539.2 million, up 2.4% QoQ.
Gross margin was 11.4%, up 7.4 ppts YoY but down 0.8 ppts QoQ.
Net loss attributable to shareholders of the parent company amounted to US$25.2 million, compared to net profit of US$35.4 million in 4QFY23 and US$44.8 million in 3Q24, primarily due to foreign exchange losses in the period versus foreign exchange gains in previous periods.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
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Hua Hong Semi 1347
9 posts
• Page 1 of 1
Hua Hong Semi 1347
by winston » Fri Feb 14, 2025 10:46 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: HUA HONG SEMI 1347
by winston » Fri Nov 07, 2025 8:03 am
not vested
<Results>HUA HONG SEMI 3Q NP Slips 42.6% YoY to USD25.725M
HUA HONG SEMI(01347.HK) has announced its results for 3Q ended September 2025.
Its net profit slipped by 42.6% YoY to USD25.725 million, with basic EPS at USD1.5 cents.
Looking ahead to 4Q25, HUA HONG SEMI expects sales revenue to grow to around USD650-660 million, with GPM at 12-14%.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Results>HUA HONG SEMI 3Q NP Slips 42.6% YoY to USD25.725M
HUA HONG SEMI(01347.HK) has announced its results for 3Q ended September 2025.
Its net profit slipped by 42.6% YoY to USD25.725 million, with basic EPS at USD1.5 cents.
Looking ahead to 4Q25, HUA HONG SEMI expects sales revenue to grow to around USD650-660 million, with GPM at 12-14%.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Wed Jan 07, 2026 4:30 pm
not vested
<Research>HTSC Adds HUA HONG SEMI (01347.HK) TP to $120 as Acquisition of Quality Assets Boosts Profitability
The market is closely monitoring asset operations and production expansion progress in the semiconductor industry, Huatai Securities released a research report saying.
HUA HONG SEMI (01347.HK) planned to acquire 97.4988% equity of Huali Microelectronics by issuing shares, with the transaction valued at approx. RMB8.27 billion, in its restructuring proposal.
Meanwhile, the Company intended to issue shares to specific investors to raise supporting funds not exceeding RMB7.56 billion.
The broker conducted a pro forma assessment using 2024 data.
Huali Microelectronics, as a quality wafer foundry asset, is expected to immediately enhance performance upon infusion.
Pro forma net profit attributable to the parent company is projected to increase by 151% to RMB960 million from RMB380 million, boosting EPS by 127% to RMB0.5 from RMB0.22, potentially achieving a leapfrog growth in profitability.
Therefore, Huatai Securities added its target price for HUA HONG SEMI's H-shares from $119 to $120, with rating kept at Buy.
Related News - BOCOMI: HUA HONG SEMI May Enhance Average Profitability of Existing Production Lines After Acquiring HLMC Equity
Source: AASTOCKS Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>HTSC Adds HUA HONG SEMI (01347.HK) TP to $120 as Acquisition of Quality Assets Boosts Profitability
The market is closely monitoring asset operations and production expansion progress in the semiconductor industry, Huatai Securities released a research report saying.
HUA HONG SEMI (01347.HK) planned to acquire 97.4988% equity of Huali Microelectronics by issuing shares, with the transaction valued at approx. RMB8.27 billion, in its restructuring proposal.
Meanwhile, the Company intended to issue shares to specific investors to raise supporting funds not exceeding RMB7.56 billion.
The broker conducted a pro forma assessment using 2024 data.
Huali Microelectronics, as a quality wafer foundry asset, is expected to immediately enhance performance upon infusion.
Pro forma net profit attributable to the parent company is projected to increase by 151% to RMB960 million from RMB380 million, boosting EPS by 127% to RMB0.5 from RMB0.22, potentially achieving a leapfrog growth in profitability.
Therefore, Huatai Securities added its target price for HUA HONG SEMI's H-shares from $119 to $120, with rating kept at Buy.
Related News - BOCOMI: HUA HONG SEMI May Enhance Average Profitability of Existing Production Lines After Acquiring HLMC Equity
Source: AASTOCKS Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Fri Jan 23, 2026 8:37 am
not vested
<Research>G Sachs Lifts HUA HONG SEMI's TP to HKD134 w/ Rating Reiterated Buy
Goldman Sachs has published a research report estimating that HUA HONG SEMI (01347.HK) will continue to trend upward.
The broker based its estimate on tailwinds including;-
1. Customer preference for local foundries
2. Structural growth opportunities driven by the increase in market share of Chinese fabless companies in the global supply chain
3. Improvement in the supply-demand relationship in the Chinese semiconductor industry and
4. Long-term uptrend in average selling prices thanks to continuous capacity expansion fueled by the advance of the next plant toward the 28/22nm process node.
Related News - JPM: Semiconductor & Equipment Industry's 4Q Results Likely in Line or Beat; Nvidia, Broadcom Rated Overweight
Goldman Sachs has reiterated a Buy rating on HUA HONG SEMI and lifted its target price from HKD117 to HKD134.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>G Sachs Lifts HUA HONG SEMI's TP to HKD134 w/ Rating Reiterated Buy
Goldman Sachs has published a research report estimating that HUA HONG SEMI (01347.HK) will continue to trend upward.
The broker based its estimate on tailwinds including;-
1. Customer preference for local foundries
2. Structural growth opportunities driven by the increase in market share of Chinese fabless companies in the global supply chain
3. Improvement in the supply-demand relationship in the Chinese semiconductor industry and
4. Long-term uptrend in average selling prices thanks to continuous capacity expansion fueled by the advance of the next plant toward the 28/22nm process node.
Related News - JPM: Semiconductor & Equipment Industry's 4Q Results Likely in Line or Beat; Nvidia, Broadcom Rated Overweight
Goldman Sachs has reiterated a Buy rating on HUA HONG SEMI and lifted its target price from HKD117 to HKD134.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Fri Feb 13, 2026 12:40 pm
<Research>G Sachs Keeps Buy on HUA HONG SEMI; 4Q Rev. & GPM in Line
HUA HONG SEMI (01347.HK) guided for a 1% QoQ decline or flat revenue for 1Q26, with a GPM standing at 13-15%, compared to 13% in 4Q25, reflecting continuous improvement as driven by strong capacity utilization, rising average selling prices, and cost control, according to a report released by Goldman Sachs.
The midpoint of HUA HONG SEMI's revenue guidance is lower than Goldman Sachs' and market expectations, while the GPM guidance midpoint meets the broker's expectations and is slightly above market expectations.
Related News: Citi Raises TPs for SMIC/ HUA HONG SEMI to HKD75/ HKD115
In 4Q25, HUA HONG SEMI's revenue rose 22% YoY or 4% QoQ to USD660 million, in line with Goldman Sachs' guidance.
The GPM reached 13%, within the guidance range of 12-14%, roughly meeting the broker's and the market's expectations.
Goldman Sachs has kept a Buy rating on HUA HONG SEMI, with a target price of HKD134.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
HUA HONG SEMI (01347.HK) guided for a 1% QoQ decline or flat revenue for 1Q26, with a GPM standing at 13-15%, compared to 13% in 4Q25, reflecting continuous improvement as driven by strong capacity utilization, rising average selling prices, and cost control, according to a report released by Goldman Sachs.
The midpoint of HUA HONG SEMI's revenue guidance is lower than Goldman Sachs' and market expectations, while the GPM guidance midpoint meets the broker's expectations and is slightly above market expectations.
Related News: Citi Raises TPs for SMIC/ HUA HONG SEMI to HKD75/ HKD115
In 4Q25, HUA HONG SEMI's revenue rose 22% YoY or 4% QoQ to USD660 million, in line with Goldman Sachs' guidance.
The GPM reached 13%, within the guidance range of 12-14%, roughly meeting the broker's and the market's expectations.
Goldman Sachs has kept a Buy rating on HUA HONG SEMI, with a target price of HKD134.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Fri Feb 13, 2026 12:54 pm
not vested
<Results>HUA HONG SEMI Swings to Profit US$17.454M in 4Q; Rev. Up 22.4% Sets New High
HUA HONG SEMI (01347.HK) +0.550 (+0.552%) announced its full-year results for the year ended December 31, 2025.
Revenue reached US$2.402 billion, marking a YoY increase of 19.9%.
Gross margin hiked 1.6 ppts YoY to 11.8%, in line with management's expectations.
It recorded a net profit of US$54.881 million, reflecting a YoY decline of 5.6%, with an EPS of US3.2 cents.
In the fourth quarter alone, the company's revenue mounted 22.4% YoY to nearly US$660 million, a record high.
The gross margin for the quarter was 13%, notching a YoY rise of 1.6 ppts.
Hua Hong turned a loss into a profit in the quarter, earning US$17.454 million, compared to a loss of US$25.199 million in the same period of the previous fiscal year, with an EPS of US1 cent.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Results>HUA HONG SEMI Swings to Profit US$17.454M in 4Q; Rev. Up 22.4% Sets New High
HUA HONG SEMI (01347.HK) +0.550 (+0.552%) announced its full-year results for the year ended December 31, 2025.
Revenue reached US$2.402 billion, marking a YoY increase of 19.9%.
Gross margin hiked 1.6 ppts YoY to 11.8%, in line with management's expectations.
It recorded a net profit of US$54.881 million, reflecting a YoY decline of 5.6%, with an EPS of US3.2 cents.
In the fourth quarter alone, the company's revenue mounted 22.4% YoY to nearly US$660 million, a record high.
The gross margin for the quarter was 13%, notching a YoY rise of 1.6 ppts.
Hua Hong turned a loss into a profit in the quarter, earning US$17.454 million, compared to a loss of US$25.199 million in the same period of the previous fiscal year, with an EPS of US1 cent.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Fri Feb 13, 2026 1:34 pm
not vested
<Research>BofAS Says HUA HONG SEMI (01347.HK) Continues Operating Loss, Reiterates Underperform Rating
HUA HONG SEMI (01347.HK) aligned with expectations for its 4Q25 results, while continuing to experience operating loss, BofA Securities said in a research report.
The company reported 4Q25 sales of USD660 million (up 4% QoQ, or up 22% YoY), reaching the upper end of guidance.
The gross margin was 13%, within the guidance range of 12-14%, but showed no noticeable improvement from 3Q25's 13.5%.
BofA Securities anticipated a resumption of dividends in 2026.
It raised the company's target price from HKD59 to HKD61, reiterating the Underperform rating.
Source: AASTOCKS Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>BofAS Says HUA HONG SEMI (01347.HK) Continues Operating Loss, Reiterates Underperform Rating
HUA HONG SEMI (01347.HK) aligned with expectations for its 4Q25 results, while continuing to experience operating loss, BofA Securities said in a research report.
The company reported 4Q25 sales of USD660 million (up 4% QoQ, or up 22% YoY), reaching the upper end of guidance.
The gross margin was 13%, within the guidance range of 12-14%, but showed no noticeable improvement from 3Q25's 13.5%.
BofA Securities anticipated a resumption of dividends in 2026.
It raised the company's target price from HKD59 to HKD61, reiterating the Underperform rating.
Source: AASTOCKS Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Fri May 15, 2026 8:20 am
not vested
Hua Hong Semiconductor Q1 net surges over 4 times
by Helen Zhong
Source: The Standard
https://www.thestandard.com.hk/innovati ... le/332040/
Hua Hong Semiconductor Q1 net surges over 4 times
by Helen Zhong
Hua Hong Semiconductor (1347) saw its first-quarter net profit surge 4.58 times year-on-year to US$20.9 million (HK$163.7 million) in 2026.
Revenue of US$660.9 million, representing a growth of 22.2 percent, primarily driven by increased wafer shipments and improved average selling price.
Its estimated gross margin in the next quarter is in the range of 14 percent to 16 percent.
Revenue from China was US$525.2 million, up 18.7 percent, while the income growth of North America and Europe was 51.9 percent and 43.2 percent, respectively.
Source: The Standard
https://www.thestandard.com.hk/innovati ... le/332040/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
Re: Hua Hong Semi 1347
by winston » Mon May 18, 2026 8:52 am
not vested
<Research>Brokers' Latest Ratings, TPs, Views on HUA HONG SEMI
Brokers | Ratings | TPs | Summary of Key Views
Related News: HUA HONG SEMI (01347.HK) 1Q26 Net Profit USD20.929 million, Up 458.1% YoY
BOCI | Buy | HKD116.5 -> 152.4
1Q results were mediocre but the broker remained positive on the domestic computing power industry chain. AI spillover effects and price hikes were expected to underpin 2026 outlook.
CLSA | Outperform | HKD129.5 -> 147.6
1Q results and 2Q guidance were largely in line. Fab 9A is set to complete its capacity ramp-up in 3Q26 and the company is actively exploring new areas such as compound semiconductors and silicon photonics supported by AI demand.
Nomura | Neutral | HKD100
1Q revenue met expectations but gross margin hit the lower end of guidance. Management guided that higher ASP and increased wafer shipments in 2Q will support QoQ revenue growth of 5%. The acquisition of HLMC Fab 5 and the expansion of Wuxi Fab 9B are progressing smoothly and have not been affected by US export controls.
Related News Daiwa Reiterates Buy on HUA HONG SEMI (01347.HK) as 1Q26 Profit Meets Expectations
Morgan Stanley | Equalweight | HKD88
1Q results met expectations, but 2Q revenue outlook is weak. The company was expected to continue ramping up Fab 9B capacity this year. Strong demand for power ICs driven by China's AI infrastructure will support its positioning in mature-node foundry services.
Daiwa | Buy | Not mentioned
1Q net profit surged 4.6x YoY due to a low base effect, in line. Gross margin was expected to expand in 2Q, driven by higher ASP and shipment growth. Fab 9B capacity expansion is progressing smoothly, with no disruption to equipment procurement.
BNP Paribas | Underperform | HKD41.8
1Q gross margin disappointed due to lower capacity utilization. Geopolitical headwinds may hinder the expansion of advanced nodes at its sister company HLMC and reduce potential benefits from asset injection. From 2027 onwards, Fab 9B expansion was expected to bring higher depreciation and margin pressure.
Source: AASTOCKS Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>Brokers' Latest Ratings, TPs, Views on HUA HONG SEMI
Brokers | Ratings | TPs | Summary of Key Views
Related News: HUA HONG SEMI (01347.HK) 1Q26 Net Profit USD20.929 million, Up 458.1% YoY
BOCI | Buy | HKD116.5 -> 152.4
1Q results were mediocre but the broker remained positive on the domestic computing power industry chain. AI spillover effects and price hikes were expected to underpin 2026 outlook.
CLSA | Outperform | HKD129.5 -> 147.6
1Q results and 2Q guidance were largely in line. Fab 9A is set to complete its capacity ramp-up in 3Q26 and the company is actively exploring new areas such as compound semiconductors and silicon photonics supported by AI demand.
Nomura | Neutral | HKD100
1Q revenue met expectations but gross margin hit the lower end of guidance. Management guided that higher ASP and increased wafer shipments in 2Q will support QoQ revenue growth of 5%. The acquisition of HLMC Fab 5 and the expansion of Wuxi Fab 9B are progressing smoothly and have not been affected by US export controls.
Related News Daiwa Reiterates Buy on HUA HONG SEMI (01347.HK) as 1Q26 Profit Meets Expectations
Morgan Stanley | Equalweight | HKD88
1Q results met expectations, but 2Q revenue outlook is weak. The company was expected to continue ramping up Fab 9B capacity this year. Strong demand for power ICs driven by China's AI infrastructure will support its positioning in mature-node foundry services.
Daiwa | Buy | Not mentioned
1Q net profit surged 4.6x YoY due to a low base effect, in line. Gross margin was expected to expand in 2Q, driven by higher ASP and shipment growth. Fab 9B capacity expansion is progressing smoothly, with no disruption to equipment procurement.
BNP Paribas | Underperform | HKD41.8
1Q gross margin disappointed due to lower capacity utilization. Geopolitical headwinds may hinder the expansion of advanced nodes at its sister company HLMC and reduce potential benefits from asset injection. From 2027 onwards, Fab 9B expansion was expected to bring higher depreciation and margin pressure.
Source: AASTOCKS Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 114748
- Joined: Wed May 07, 2008 9:28 am
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