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AXT, Inc.

NASDAQ•AXTI
CEO: Dr. Morris S. Young Ph.D.
板块: Technology
行业: Semiconductors
上市日期: 1998-05-21
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.
联系方式
4281 Technology Drive, Fremont, CA, 94538, United States
510-438-4700
www.axt.com
市值
$2.19B
市盈率 (TTM)
-102.8
45.8
股息率
--
52周最高
$51.98
52周最低
$1.13
52周范围
94%
排名44Top 53.8%
3.7
F-Score
改良版 Piotroski 分析
基于 10 年期基本面
疲弱 • 3.7 / 9 分
评分区间 (0-9)
8-9: 价值优异
6-7: 基本面强劲
4-5: 整体稳健
0-3: 表现疲弱
数据范围: 2016-2025

财务仪表盘

Q4 2025 数据

营业收入

$23.04M+0.00%
近4季度走势

每股收益

-$0.08+0.00%
近4季度走势

自由现金流

$0.00+0.00%
近4季度走势

2025 Q3 财报亮点

核心亮点

Revenue Declines Sharply Nine months revenue totaled $65.29M, reflecting a 12.1% decrease compared to $74.26M last year due to market factors.
Gross Profit Severely Impacted Nine months gross profit fell 67.0% to $6.42M versus $19.43M previously, driven by unfavorable yields and product mix shifts.
Net Loss Widens Significantly Net loss attributable to AXT, Inc. reached $(17.71M) for nine months, substantially worse than the $(6.54M) loss reported in 2024.
Liquidity Position Tightens Cash and restricted cash decreased to $31.21M as of September 30, 2025, following net cash usage in operations and investing.

关注风险

Escalating Trade Tariffs Risk US tariffs on China products reached 100%; export restrictions and trade volatility severely impact revenue and profitability outlook.
Manufacturing Yield Deterioration Unfavorable yields in GaAs production lines caused a negative gross margin impact, significantly reducing overall profitability metrics.
Tongmei IPO Redemption Risk Failure of Tongmei STAR Market IPO could trigger mandatory redemption rights totaling approximately $49M from private equity investors.
Nasdaq Listing Non-Compliance Company is currently non-compliant with Nasdaq Audit Committee independence rules following director passing; cure period granted until July 2026.

前瞻展望

Capacity Expansion Planned Intends to construct facilities at Chao Yang LiMei location to provide additional production capacity to meet anticipated future demand.
New Capital Raising Prepared Filed Form S-3 shelf registration statement to potentially offer up to $100.00M in securities for working capital needs.
Monitoring Export Permit Status Actively monitoring status of applications for export permits for indium phosphide substrates to resume US shipments.
Board Governance Adjustments Appointed new director Leonard J. Leblanc to fill vacancy and regain Audit Committee structure compliance.

同行对比

营业收入 (TTM)

BKKT stock ticker logoBKKT
$3.85B
+102.0%
WALD stock ticker logoWALD
$514.94M
+48.5%
TCX stock ticker logoTCX
$390.30M
+7.7%

毛利率 (最新季度)

NVEC stock ticker logoNVEC
78.6%
-5.7pp
LAW stock ticker logoLAW
75.1%
+2.4pp
VLN stock ticker logoVLN
60.5%
+6.6pp

关键指标

股票代码
市值
市盈率 (TTM)
净资产收益率 (TTM)
负债率
AXTI$2.19B-102.8-10.4%15.1%
LPTH$458.51M-21.5-70.2%6.9%
NVEC$325.93M23.023.5%2.8%

长期趋势

近4季度
营业收入
净利润
经营现金流
4季度营收复合增长率
6.0%
稳定增长
4季度净利润复合增长率
N/M
盈利状态转变
现金流稳定性
0%
现金流需要关注

深度研究

下次财报:2026年4月23日
|
每股收益:-$0.05
|
营业收入:$26.22M
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过去12个月
无数据