Company Overview - InnoScience (英诺赛科) is a high-tech enterprise focused on the research and manufacturing of GaN-on-Si (Gallium Nitride on Silicon) devices, utilizing an Integrated Device Manufacture (IDM) model [2] - The company has established the world's largest 8-inch GaN-on-Si wafer production line, aiming to provide high-quality and reliable GaN devices at lower prices [2] Financial Performance - As of December 31, 2024, InnoScience reported total revenue of 828 million yuan, representing a year-on-year growth of 39.77% [1] - The net profit attributable to shareholders was -1.046 billion yuan, with a year-on-year increase of 5.11% [1] - The gross profit margin stood at -19.48%, and the debt-to-asset ratio was 46.44% [1] Stock Performance - As of July 16, the stock price of InnoScience was 41.85 HKD per share, with a daily increase of 9.55% and a trading volume of 7.3499 million shares, amounting to a turnover of 298 million HKD [1] - Over the past month, the stock has seen a cumulative increase of 3.24%, while year-to-date, it has risen by 22.24%, underperforming the Hang Seng Index, which has increased by 22.58% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the semiconductor industry (TTM) is 26.15 times, with a median of 7.36 times [1] - InnoScience's P/E ratio is -29.8 times, ranking 15th in the industry [1] - Comparatively, other companies in the sector have the following P/E ratios: China Electric Power Technology (4.77), AV CONCEPT HOLD (6.77), Yuanxu Technology (7.36), Chipwise Holdings (8.33), and Jingyang Group (11.53) [1]
英诺赛科（02577.HK）7月16日收盘上涨9.55%，成交2.98亿港元