Earnings Alerts

Will Semiconductor (603501) Earnings: FY Net Income Aligns with Estimates Despite Revenue Miss

  • Will Semi’s net income for the fiscal year is 3.32 billion yuan, aligning with the market estimate of 3.3 billion yuan. This shows a significant increase from the previous year’s 555.6 million yuan.
  • The company’s revenue is reported at 25.73 billion yuan, representing a 22% increase compared to last year, though slightly below the estimated 26.24 billion yuan.
  • A final dividend of 22 RMB cents per share has been declared.
  • CMOS Image Sensor Products generated 19.19 billion yuan in revenue, exceeding the market estimate of 18.61 billion yuan.
  • TDDI revenue came in at 1.03 billion yuan, which is below the expected 1.18 billion yuan.
  • Revenue from Semiconductor Distribution was 3.94 billion yuan, surpassing the estimated 3.4 billion yuan.
  • Gross margin was slightly lower than expected at 29.4%, with an estimate of 29.6%.
  • Research and development expenses increased by 17%, totaling 2.62 billion yuan, which is close to the forecast of 2.63 billion yuan.
  • Capital expenditure was recorded at 1.25 billion yuan, falling short of the 1.35 billion yuan estimate.
  • Analyst recommendations include 35 buys, 2 holds, and 1 sell, indicating a generally positive outlook for the company.

Will Semiconductor on Smartkarma

Analyst coverage of Will Semiconductor on Smartkarma by Joe Jasper has provided a bullish outlook on the company amidst positive global market conditions. In the research report titled “More Countries Breaking Out; Bullish Outlook Intact; Buys in China, Europe, More; DXY & Yields Top,” Joe Jasper highlights the continued growth potential for Will Semiconductor. This report discusses the performance of various markets and identifies Will Semiconductor, among others like Shopify and Kingsoft Cloud, as part of the recommended buys/holds. The overall sentiment from the report leans towards a positive outlook on Will Semiconductor within the context of a bullish market stance.

Joe Jasper‘s analysis emphasizes the opportunities present in the global equities market, with specific focus on technology, services, communications, industrials, gold miners, and financials. The report notes the breakout of Will Semiconductor and its strategic positioning within the current market environment. By maintaining a bullish perspective on MSCI ACWI and observing key support levels, including the successful hold at $116, the analysis suggests a favorable trajectory for Will Semiconductor in alignment with broader market trends.


A look at Will Semiconductor Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience3
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts utilizing the Smartkarma Smart Scores for Will Semiconductor see a positive long-term outlook for the company. With a strong momentum score of 5, indicating a high level of market interest and trend strength, Will Semiconductor is well-positioned for potential growth in the future. Additionally, the company scored well in the growth and resilience categories, with scores of 3 for both, reflecting a solid potential for expansion and a stable foundation to weather market challenges.

While the value and dividend scores for Will Semiconductor are not as high, with scores of 2 in both categories, the overall outlook remains promising. Will Semiconductor Co., Ltd., based in Shanghai, focuses on manufacturing image sensor and semiconductor products, catering to a global market. With a diverse product portfolio including power management integrated circuits and radio frequency devices, the company demonstrates a commitment to innovation and adaptability in the competitive semiconductor industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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