National Silicon Industry Group Co Ltd Class A
688126: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| LOCK|$R | LOCK|<&m | LOCK|>j |
National Silicon: Preliminary Results Show Ballooning Costs and Aggressive Price Cuts
National Silicon Industry Group's preliminary December-quarter revenue was flat sequentially at CNY 909 million, 13% over our forecast as price cuts boosted market share. Price cuts, goodwill write-downs, and new site startup costs led to net loss doubling to CNY 434 million from the prior quarter.
