Sino-American Silicon Products Inc
5483: ROCO (TWN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$$ | LOCK|%tNk | LOCK|wc>&S> |
Sino-American Silicon Earnings: Other Subsidiaries Cushioned GlobalWafers' Gross Margin Shock
September-quarter gross margin of Sino-American Silicon plunged 512 basis points sequentially to 20.2% as its subsidiary GlobalWafers' incurred heavy ramp-up costs for new fabs in cost of sales. Revenue from GlobalWafers marked a new low at 76% of the total. Shares fell 7% on Nov. 10.
