ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Backlog Data
Rhea-AI Summary
ACM Research (NASDAQ: ACMR)'s operating subsidiary, ACM Shanghai, has reported significant growth in its backlog figures. As of September 29, 2025, the total backlog reached RMB 9,071.5 million (USD $1,271.6 million), marking a substantial 34.1% increase year-over-year.
The backlog includes both shipped tools pending revenue recognition under Chinese GAAP and future shipment orders. ACM Shanghai will release its complete financial results for the nine months ended September 30, 2025, on October 29, 2025, after the Chinese market close. ACM will announce preliminary results the same day before U.S. market open, with full Q3 2025 results and a conference call scheduled for early November 2025.
Positive
- Substantial backlog growth of 34.1% year-over-year to $1.27 billion
- Strong order pipeline indicating robust market demand
- Dual-market presence in both U.S. and Chinese markets providing broader exposure
Negative
- Backlog figures may not translate directly to actual revenue
- Complex reporting structure between U.S. and Chinese entities may affect transparency
News Market Reaction
On the day this news was published, ACMR gained 2.30%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $54M to the company's valuation, bringing the market cap to $2.41B at that time.
Data tracked by StockTitan Argus on the day of publication.
FREMONT, Calif., Sept. 29, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer and panel processing solutions for semiconductor and advanced packaging applications, today announced that its operating subsidiary, ACM Research (Shanghai), Inc. (“ACM Shanghai”) posted backlog figure for ACM Shanghai as of September 29, 2025 on the Shanghai Stock Exchange website [link to China Disclosure].
Backlog
As of September 29, 2025, ACM Shanghai’s total backlog amounted to RMB 9,071.5 million (USD
Backlog is not a financial measure that is defined or recognized by Chinese GAAP or U.S. generally accepted accounting principles, and ACM Shanghai’s method for determining and calculating backlog, and the underlying assumptions, may not be comparable to the methodologies and assumptions used by other companies. Orders included in backlog may not actually generate the amounts of revenue estimated above.
All USD amounts above are for reference only and are translated using the September 26, 2025 Wall Street Journal closing exchange rate.
Reporting Dates
ACM Shanghai will release its full financial results for the nine months ended September 30, 2025 on October 29, 2025 after the market close in China, and on the same day ACM will report preliminary financial results for the nine months ended September 30, 2025 before the market open in the U.S.
ACM will release its full financial results for the third quarter of 2025 and conduct a corresponding conference call to discuss the results in early November 2025. The specific reporting date and details of the conference call will be released at a later date.
Forward-Looking Statements
Certain statements contained in this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
About ACM Research, Inc.
ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.
© ACM Research, Inc. ACM Research logo is a trademark of ACM Research, Inc. For convenience, these trademarks appear in this press release without ™ symbols, but that practice does not mean ACM will not assert, to the fullest extent under applicable law, its rights to such trademarks. All other trademarks are the property of their respective owners.
For investor and media inquiries, please contact:
| In the United States: | The Blueshirt Group Steven C. Pelayo, CFA +1 (360) 808-5154 steven@blueshirtgroup.co |
| In China: | The Blueshirt Group Asia Gary Dvorchak, CFA gary@blueshirtgroup.co |
FAQ
What is ACM Research's (ACMR) current backlog value as of September 2025?
How much did ACMR's backlog grow compared to last year?
When will ACM Research (ACMR) release its Q3 2025 financial results?
What types of orders are included in ACMR's backlog?
