Professional
Added to YB: 2026-09-17
Pitch date: 2026-06-30
688012.SS [bullish]
Advanced Micro-Fabrication Equipment Inc. China
Author Info
The Antipodes Emerging Markets Fund is an actively managed long only equities fund focused on attractively valued companies exposed to emerging markets or listed on emerging market stock exchanges. Our selective approach, typically holding a minimum of 30 long positions, combines rigorous research and disciplined stock selection to target long-term capital growth for investors willing to accept higher volatility. Sign up for the newsletter.
Company Info
Advanced Micro-Fabrication Equipment Inc. China engages in the research and development, manufacture, and sale of high-end semiconductor equipment and related semiconductor equipment in China, Taiwan, and internationally.
Market Cap
CNY 309.3B
Pitch Price
N/A
Price Target
N/A
Dividend
0.07%
EV/EBITDA
161.49
P/E
73.50
EV/Sales
21.25
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Antipodes Emerging Markets Fund Added On Portfolio Holding: AMEC
688012.SS (added to position): Meaningfully increased the position as conviction deepened in AMEC’s structural role in China’s semiconductor self-sufficiency program, alongside accelerating domestic investment. Its etching and MOCVD equipment serves customers at every major Chinese foundry ramping capacity for domestic AI infrastructure demand and substitution of Western equipment. Strong performance validated the thesis, while entry levels remained attractive given the expected multi-year earnings growth trajectory.
Read full article (1 min)