Company Analysis

SemiLEDS Corporation (LEDS)

Nasdaq: LEDS · Semiconductors & Related Devices · Chu-Nan, TW · filing with the SEC since 2005
Grade4.0
◀ Past 2.1● Present 4.2▶ Future 5.4

The grade of SemiLEDS Corporation

Nine metrics read from its own filings, by tense
Headline grade
4.0/10
◀ Past2.130% of the headline
● Present4.240% of the headline
▶ Future5.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

2.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.3/10

Has it survived what it has been through?

18 warning events since 2017; the latest 2026-07-27.

weight 33% of this tense · 13th percentile among 99 sector filers · read for itself

From the record

SemiLEDS Corporation's filings since 2017 show 18 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 14 times, the latest 2026-07-15); an auditor change (8-K item 4.01, 4 times, the latest 2026-07-27) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.0/10

What has it actually done, year after year?

+21.2% a year over 9 filed years; profitable in 0 of 9.

weight 45% of this tense · 30th percentile among 93 sector filers · read for its customers

From the record

SemiLEDS Corporation's 9 filed years say what it did: revenue went from $9 million in fiscal 2017 to $43 million in fiscal 2025, up 21.2% a year; it rose in 3 of 8 years; the deepest fall was 49% from fiscal 2017 to fiscal 2021; net income was positive in 0 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span21.2%top 21% of its family
  • the share of years revenue rosebottom 8% of its family
  • the share of filed years with a profitbottom 10% of its family
  • the deepest fall from a revenue peak48.6%bottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.5/10

How has it treated the people who own it?

Share count grew 19.5% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 15th percentile among 67 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-08-31, SemiLEDS Corporation's diluted share count grew about 19.5% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 16% of its family
  • cash returned against operating cash flowbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
1.9/10

Is it financially healthy right now?

ROE -41%: lost 41¢ per shareholder dollar. Leverage 82%: owes 82¢ per asset dollar.

weight 45% of this tense · 19th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-08-31, SemiLEDS Corporation lost about 41 cents for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns. Leverage: it owed about 82 cents per dollar of assets, and net share issuance: its share count grew 22.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 7% of its family
  • return on equitybottom 10% of its family
  • gross profit against assetsbottom 38% of its family
  • the share count against the year beforebottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.0/10

How strong is its position in its industry?

bottom 50% of 97 in its family; net margin -2.6%.

weight 33% of this tense · 50th percentile among 97 sector filers · read for its customers

From the record

SemiLEDS Corporation's standing among 97 graded names in its industry family: revenue of $43 million in fiscal 2025 ranks in the bottom 18% by size; a net margin of -2.6% ranks in the bottom 43%; revenue growth of 82.7% a year over the last 3 filed years ranks in the top 12% (its annual reports).

What it rests on

  • revenue against the family$43.0Mbottom 18% of its family
  • net margin-2.6%bottom 43% of its family
  • three-year revenue growth82.7%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.0/10

What are the people in charge doing?

top 20% of 67 in its family for leadership.

weight 22% of this tense · 80th percentile among 67 sector filers · read for its shareholders

From the record

SemiLEDS Corporation's leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 3 officers and directors filing in the last fifteen months have been on the record a median of 10.6 years (top 13%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 3 people in charge now (top 27%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge1 in three years among 3 peopletop 27% of its family
  • the median years the people in charge have filed10.6 yearstop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.7/10

How much room does it have to grow?

bottom 27% of 94 in its family for room to expand.

weight 45% of this tense · 27th percentile among 94 sector filers · read for itself

From the record

SemiLEDS Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against debt of $2 million leaves 5.7% of its assets as net cash, bottom 43% of its family; cash from operations less capital spending is 3.8% of revenue (bottom 47%); a gross margin of 5.7% (bottom 8%); research spending of 2.7% of revenue (bottom 8%) (its annual report).

What it rests on

  • cash less debt against assets5.7%bottom 43% of its family
  • cash from operations less capital spending against revenue3.8%bottom 47% of its family
  • gross margin5.7%bottom 8% of its family
  • research spending against revenue2.7%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.2/10

What could actually drive growth from here?

top 28% of 93 in its family for growth drivers.

weight 33% of this tense · 72nd percentile among 93 sector filers · read for its customers

From the record

SemiLEDS Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 82.7% a year over the last three filed years against 21.2% over all 9, speeding up (top 3% of its family); the newest year grew 731% (top 3%); research spending grew -8% a year (bottom 13%); capital spending grew 26.7% a year (top 21%) (its annual reports). SemiLEDS Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+61.4 points a yeartop 3% of its family
  • the newest year's revenue growth731.0%top 3% of its family
  • three-year growth of research spending-8.0%bottom 13% of its family
  • three-year growth of capital spending26.7%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.5/10

Did its newest year beat what its own record pointed to?

top 15% of 88 in its family for expectations against reality.

weight 22% of this tense · 85th percentile among 88 sector filers · read for its shareholders

From the record

SemiLEDS Corporation's newest year against its own record: revenue of $43 million in fiscal 2025 came in 867.8% above the $4 million its prior three years' pace pointed to (top 3% of its family); net income of $1 million against a prior three-year average of $2 million (top 28%); a net margin of -2.6% against -41.1% before (top 14%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace867.8%top 3% of its family
  • net income against the prior three years' average+55%top 28% of its family
  • net margin against its prior average+38.4 pointstop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LEDS · research, not advice