Hua Hong Grace Semiconductor Ltd Shs Unitary 144A/Reg S

01347: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Hua Hong Earnings: Encouraged by Better New Plant Visibility and Tech Migration, Valuation Is Up 52%

Phelix Lee

Feb 14, 2025

Hua Hong's fourth-quarter 2024 revenue and gross margin were USD 539 million and 11.4%, respectively, in line with guidance. Management hinted at a more aggressive approach in process node migration and affirmed plans to add monthly capacity of 300mm 83,000 wafers by the end of 2026.

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Hua Hong Grace Semiconductor Ltd Shs Unitary 144A/Reg S

Hua Hong Earnings: Encouraged by Better New Plant Visibility and Tech Migration, Valuation Is Up 52%

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