AXT is a materials science company that develops and produces compound and single element semiconductor substrates, also known as wafers. Co.'s consolidated subsidiaries produce and sell certain raw materials some of which are used in its substrate manufacturing process and some of which are sold to other companies. Co. has two product lines: specialty material substrates and raw materials integral to these substrates. Co.'s compound substrates combine indium with phosphorous (indium phosphide) or gallium with arsenic (gallium arsenide). Co.'s single element substrates are made from germanium. Through its consolidated subsidiaries in its supply chain, Co. also sells certain raw materials. The AXTI stock yearly return is shown above.
The yearly return on the AXTI stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AXTI annual return calculation with any dividends reinvested as applicable (on ex-dates).
|