Advanced Micro-Fabrication Equipment Inc. China (688012.SS) stock analysis

In our weekly check, Advanced Micro-Fabrication Equipment Inc. China is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 19 pass, warnings: 2, red flags: 4.

About Advanced Micro-Fabrication Equipment Inc. China

Advanced Micro-Fabrication Equipment Inc. China is a Technology company (Semiconductors) based in China, listed on SHH as 688012.SS.

What our checks show for 688012.SS

Red flags

• The gross margin fell by 4.8 points, to 38.2%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 10.5 points from today's 30%.
• The price swings a lot: 60.7% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 72% from a peak. Would you have held through that?

Warning signs

• The net margin fell by 2.6 points over 5 years, to 30%: the company keeps less of each sale as profit.
• Recovering from its deepest fall took about 2.8 years.

Strengths

• Debt is low: 0.03x equity.
• Operating profit covers interest 255 times over.
• Analysts expect earnings per share to grow about 16.8% a year over the next years.
• Analysts expect revenue to grow about 38.8% a year over the next years.
• Revenue grew 43.9% a year over the last 3 years.
• Earnings per share grew 40.2% a year over the last 3 years.

Next earnings report: 2026-10-31

Similar companies

KLAC · ADI · 6415.TW · ARM · 6239.TW · 2337.TW

Questions

What grade does Advanced Micro-Fabrication Equipment Inc. China (688012.SS) have?

In our weekly check, Advanced Micro-Fabrication Equipment Inc. China is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 19 pass, warnings: 2, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 688012.SS stock?

This week's biggest flags for Advanced Micro-Fabrication Equipment Inc. China: Gross margin falling, Margins expected to shrink, Very volatile. In total 6 of 25 checks show a warning or a red flag.

What does Advanced Micro-Fabrication Equipment Inc. China do?

Advanced Micro-Fabrication Equipment Inc. China is a Technology company (Semiconductors) based in China, listed on SHH as 688012.SS.

When does Advanced Micro-Fabrication Equipment Inc. China report earnings next?

The next earnings report is expected on 2026-10-31. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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