000988 Huagong Tech
- 30.80
- -0.79-2.50%
Huagong Tech News
Huagong Technology (000988): Continuously increasing profitability, broad business space for high-speed optical modules
Core view The year-on-year decline in the company's revenue in the first quarter was mainly due to a marked decline in revenue from the small base station business in the connectivity business, while deducted non-net interest rates fell even more, mainly due to the impact of investment income. As the company continues to increase investment in R&D, it continues to expand
1.6T optical module makes data “run” more smoothly. Huagong Technology leads the world with another “light capability”
On May 6, at Huagong Zhengyuan, a subsidiary of Huagong Technology, a 1.6T silicon high-speed optical module shaped like a USB flash drive was undergoing high and low temperature cycle tests from -40℃ to 85℃. This is currently one of the fastest optical modules in the world. It was released in March this year. It uses a single-wave 200G silicon optical chip independently developed by Huagong Zhengyuan, which is at the leading level in the world. “As the development trend of generative artificial intelligence gradually becomes clear, 1.6T or even faster optical modules will become a strong support to support data centers moving towards higher computing power.” Hu Changfei said that the company is currently focusing on the stability and data of 1.6T silicon optical high-speed optical modules
The CPO concept continued to dive. Guangxun Technology fell by nearly 5%, Tianfu Communications and Zhongji Xuchuang both fell by more than 3%, and Huagong Technology and Bochuang Technology fell by more than 2%.
The CPO concept continued to dive. Guangxun Technology fell by nearly 5%, Tianfu Communications and Zhongji Xuchuang both fell by more than 3%, and Huagong Technology and Bochuang Technology fell by more than 2%.
Huagong Technology (000988): Gross margin continues to improve under Q1 operating pressure
Incident: Huagong Technology released its 2024 quarterly report. In Q1, the company achieved revenue of 2.17 billion yuan (-18.56% YoY, -27.68%) and net profit to mother of 290 million yuan (-5.92% YoY).
Express News | Huagong Technology: Shipment of 400G coherent optical modules is progressing smoothly
Huagong Technology (000988): Q1 performance under short-term pressure, gross margin continued to rise
1Q24's performance is under pressure in the short term, and profitability continues to improve. According to the company's 2024 quarterly report, 1Q24's revenue was 2.17 billion yuan, a year-on-year decrease of 18.6%, mainly due to the decline in the company's small base station business; back to mother
Huagong Tech's Q1 Profit, Operating Income Slide
Huagong Tech's (SHE:000988) attributable profit fell 5.9% to 289.9 million yuan in the first quarter, from 308.1 million yuan in the year-ago period, according to a Friday filing with the Shenzhen Sto
Huagong Technology (000988.SZ): Net profit of 290 million yuan in the first quarter decreased by 5.92% year-on-year
Gelonghui, April 25 | Huagong Technology (000988.SZ) released its report for the first quarter of 2024, achieving operating income of 2.170 billion yuan, a year-on-year decrease of 18.56%; net profit attributable to shareholders of listed companies of 290 million yuan, a year-on-year decrease of 5.92%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 226 million yuan, a year-on-year decrease of 18.28%; and basic earnings per share of 0.29 yuan.
Huagong Technology (000988) Comment: Multiple businesses work together to achieve steady growth in performance and continuous improvement in profitability
Incident: The company released its 2023 annual report. The company achieved operating income of 10.208 billion yuan for the full year of '23, a year-on-year decrease of 15.01%; net profit to mother was 1,007 billion yuan, an increase of 11.14% over the previous year; net operating performance
Heavy warehouse bought back Meituan Kuaishou! Zhong Geng Qiu Dongrong's quarterly report revealed that there were many moves to adjust positions
Early this morning, Qiu Dongrong's products revealed a quarterly report.
The big three CPO companies bucked the trend. Tianfu Communications rose more than 4%, Zhongji Xuchuang and Xinyisheng quickly became popular, and Huagong Technology and Guangxun Technology rallied slightly.
The big three CPO companies bucked the trend. Tianfu Communications rose more than 4%, Zhongji Xuchuang and Xinyisheng quickly became popular, and Huagong Technology and Guangxun Technology rallied slightly.
Express News | Qiu Dongrong bought gold stocks in the first quarter
Huagong Technology (000988): Steady growth in performance and significant improvement in net operating cash flow
Incident: Huagong Technology released its 2023 annual report. The company 23 achieved full-year revenue of 10.208 billion yuan (-15.01% YoY) and net profit to mother of 1,007 billion yuan (+11.14% YoY), after deducting net income from the mother
Huagong Technology (000988.SZ): The third-generation semiconductor wafer laser cutting equipment independently developed by Huagong Laser has completed testing
Gelonghui April 3 丨 Huagong Technology (000988.SZ) held a performance briefing on April 2 to discuss “the company's technology and product reserves in silicon carbide?” The company replied that as a new type of wide bandgap semiconductor material, silicon carbide has obvious advantages in power density and efficiency, and its application in new energy fields such as electric vehicles and photovoltaics is growing rapidly. The third-generation semiconductor wafer laser cutting equipment independently developed by Huagong Laser has been tested. The products currently being developed cover the front and back processes of compound semiconductors, including inspection of appearance defects on silicon carbide substrates, wafer laser marking equipment, and wafer laser annealing equipment.
Express News | Huagong Technology: Coherent optical modules will gradually increase in quantity this year and are expected to be launched one after another starting in April
Express News | Galaxy Securities: Technological changes in the computing power industry chain are optimistic that leading companies in the industrial chain will continue to benefit
Earnings Report: Huagong Tech Company Limited Missed Revenue Estimates By 9.9%
Huagong Tech Company Limited (SZSE:000988) just released its latest yearly report and things are not looking great. Huagong Tech missed analyst forecasts, with revenues of CN¥10b and statutory ea
Express News | Huagong Zhengyuan, a core subsidiary of Huagong Technology, launched a 1.6T-200g/lambda silicon high-speed optical module
Express News | Huagong Technology's core subsidiary released a new 800G OSFP 2*FR4 TRO optical module
Huagong Technology (000988): Steady growth in performance and continuous increase in gross margin
Revenue in 2023 was under pressure in the short term, and increased profitability drove a steady increase in net profit. According to the company's 2023 annual report, the company's revenue in 2023 was 10.21 billion yuan, a year-on-year decrease of 15.0%; net profit to mother was 10.
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