National Silicon Industry Group Co Ltd Class A
688126: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|HL | LOCK|!C | LOCK|&rN |
National Silicon Earnings: Poor Pricing Environment and Finland Ramp-up Costs Weaken Finances
National Silicon Industry Group's March-quarter revenue grew 11% year on year to CNY 802 million due to higher 300mm wafers sales. However, gross margin deteriorated to negative 11.4% on higher depreciation costs and lower wafer prices.
