Abstract: We analyzed the EPS revision of STAR50 component stocks for May 2026, estimating the index's 2026E EPS at ¥24.38 as of end-May, down ¥0.39 (-1.6%) from ¥24.77 in April, with 15 stocks revised up versus 14 revised down. The STAR50 index itself rose 11% over the month from 1,571 to 1,751, and individual stock EPS revisions contributed -¥0.435 to the index EPS change. The largest positive contributor to index EPS was Cambricon (688256 CH), with a +¥0.30 index EPS impact driven by a 21.0% EPS upgrade, while the largest drag came from Jinko Solar (688223 CH) at -¥0.30 and Bestechnic (688608 CH) at -¥0.22. At the stock level, Xinjiang Daqo (688303 CH) led EPS upgrades at +327% month-on-month, followed by United Nova Technology (688469 CH) at +60.0%, while Bestechnic saw the steepest EPS cut at -43.5%, with revenue estimates also falling 23.0%. On revenue, Cambricon posted the strongest upgrade at +25.2%, while solar names dominated the downside, with Jinko Solar (-17.2%), Trina Solar (-9.25%), and CSI Solar (-7.19%) all seeing material cuts.
NEXCHIP SEMICONDUCTOR, Bestechnic, Xinjiang Daqo, Biokin Pharma, CSI SOLAR, ACM RESEARCH
A monthly review of consensus earnings revisions for STAR50 constituents. Each issue estimates how the index's forward EPS changed over the month, and tabulates the stocks with the largest impact on index EPS alongside their EPS and revenue revisions. All issues of Index Earnings Revision Monthly →
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