ACM Research operating subsidiary ACM Research Shanghai posted backlog figures for ACM Shanghai as of September 27, 2023 and September 30, 2022 on the Shanghai Stock Exchange website. As of September 27, 2023 and September 30, 2022, ACM Shanghai’s total backlog amounted to RMB 6,795.8 million, and RMB 4,644.2 million respectively. The total backlog figures include a mix of orders for tools that have been shipped but not yet recognized as revenue under Chinese generally accepted accounting principles, and orders for tools expected to be shipped at a future date.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ACMR:
- 3 Best Stocks to Buy Now, 9/28/2023, According to Top Analysts
- ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Backlog Data
- ACM Research Introduces Vacuum Cleaning Platform Targeting the Rapidly Growing Chiplets Industry
- 3 Best Stocks to Buy Now, 8/24/2023, According to Top Analysts
- ACM Research reports Q2 adjusted EPS 48c, consensus 12c