ACM Shanghai prelim FY22 revenue RMB 2.7-2.9B (up 67-79%); net profit doubles

ACM Research, Inc.

2022-FY EPS reported $0.59 revenue$388,832,000

Preliminary revenue RMB 2.70-2.90B vs RMB 1.62B in 2021, YoY growth of 67%-79%.
Net profit attributable to shareholders RMB 600-720M vs RMB 266.2M, up 125%-170%.
Non-operating-item-adjusted net profit RMB 620-740M vs RMB 194.7M, up 218%-280%.
Total shipments expected RMB 3.88-3.96B vs RMB 2.41B, up 61%-64% year-over-year.
ACM owns 82.5% of ACM Shanghai; final results due Feb 24, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ACM Research, Inc. reported Fiscal Year 2022 results: revenue RMB 2.70 billion to RMB 2.90 billion, net income RMB 600.0 million to RMB 720.0 million.

Period: Fiscal Year 2022
Revenue: RMB 2.70 billion to RMB 2.90 billion
Net income: RMB 600.0 million to RMB 720.0 million
Result: preliminary results

Exact text from the filing

Standards for Business Enterprises under Chinese generally accepted accounting principles (“Chinese GAAP”). ● Revenue for ACM Shanghai is expected to be in a range of RMB 2.70 billion to RMB 2.90 billion versus revenue of RMB 1.62 billion in 2021. ● Net profit attributable to the shareholders of ACM Shanghai is expected to be in a range of RMB 600.0 million to

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accession 0001140361-23-003368

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