National Silicon Industry Group Co Ltd Class A
688126: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @.@ | LOCK|Pv< | LOCK|@?$ |
NSIG Earnings: Underwhelming Pricing, but Rebound Likely in Second Half; Valuation Unchanged
National Silicon Industry Group's June-quarter revenue grew 38% year on year to CNY 1.23 billion, while gross margin was less bad at negative 5.3% as the firm shipped 90% more 300-millimeter wafers year over year. The 300 mm wafer average selling price fell 17%. Shares dropped 8% on Aug. 20.
