Changes in Hong Kong stocks | Copper clad plate prices are expected to continue to rise, Jiantao Laminate (01888) rises by more than 10%, and Jiantao Group (00148) rises by more than 4%
Jiantao continued to rise in early trading. As of press release, Jiantao Laminate (01888) rose 9.76% to HK$8.32; Jiantao Group (00148) rose 3.92% to HK$20.7.
Changes in Hong Kong stocks | Some manufacturers in the CCL industry announced price increases, Jiantao Group (00148) increased by more than 7%, and Jiantao laminated board (01888) increased by more than 3%
Jiantao generally rose in early trading. As of press release, Jiantao Group (00148) rose 6.55% to HK$19.52; Jiantao laminated board (01888) rose 1.93% to HK$7.38.
Changes in Hong Kong stocks | Jiantao Laminate (01888) rose by more than 12%, raw material prices increased, combined with a recovery in demand, the industry's profit level is expected to continue to recover
Jiantao Laminate (01888) rose by more than 12%. As of press release, it rose 11.66% to HK$6.61, with a turnover of HK$116 million.
Hong Kong Stock Concept Tracking | AI PCB Market Size Continues to Grow, Leading Companies or Profit Improvements (with concept stocks)
China Merchants Securities believes that the conditions for CCL to begin an upward cycle of price increases this year are significantly better than last year. Currently, Jiantao Laminate and Meizhou Willy Bang have all issued price increase letters. Judging from the magnitude of the price increase, it is expected that the profit level of the CCL process will gradually improve in the short term.
China Merchants Securities: PCB manufacturers increasing raw material inventory preparations are expected to drive the CCL industry into an upward channel of price increases
The Zhitong Finance App learned that China Merchants Securities released a research report saying that since the beginning of the year, downstream demand has continued to pick up, PCB operating rates have generally improved, while upstream main material prices have continued to rise. Some manufacturers in the CCL industry have already raised prices for the first time in March-April. Recently, upstream copper prices have risen sharply, and copper foil processing fees are also on the rise. Electronic glass fiber cloth manufacturers have restoratively raised product prices, and midstream copper clad plate (CCL) manufacturers have also begun issuing downstream price increase notices to ease cost pressure. Currently, downstream demand is picking up and the upward trend in upstream commodity prices remains unchanged. PCB manufacturers are expected to increase raw material inventory preparations, all of which are expected to drive CCL
Bureau of Statistics: Profits of industrial enterprises above the national scale increased by 4.3% from January to March 2024
According to data released by the National Bureau of Statistics, from January to March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year; of these, private enterprises achieved a total profit of 367.97 billion yuan, an increase of 5.8%.
Dongguan Securities: Upward upstream and downstream prosperity drives copper-clad plate companies to start a new cycle of price increases
Recently, the price of raw materials has risen further. As of April 22, LME copper had reached 9,814 US dollars/ton, up more than 16% from the beginning of the year. At the same time, companies such as China Jushi also further raised the price of glass fiber.
建滔積層板:2023 年報
Can't take it anymore? Glass fiber electronic gauze factory opens “repricing” analysis says there may still be a possibility of subsequent increases
The price of products has been depressed for a long time, compounded by the impact of rising costs, and many companies in the glass fiber industry are struggling. Over the past few days, manufacturers including China Jushi (600176.SH) and Jiantao laminated board (01888.HK) have successively made restorative price adjustments on electronic grade glass fiber yarn and glass fiber cloth (electronic yarn/cloth for short) products.
The value added of industries above scale in China increased 4.5% year-on-year in March
In March, the value added of large-scale industries actually increased by 4.5% year-on-year.
Changes in Hong Kong stocks | Jiantao Laminate (01888.HK) rose more than 6% in the intraday PCB/CCL deeply benefited from AI industry trends, institutions are optimistic about the company's gradual recovery this year
Jiantao Laminate (018888.HK) rose more than 6% in the intraday period. As of press release, it was up 5.1% to HK$6.18, with a turnover of HK$198413 million.
Hong Kong Stock Concept Tracking | The promotion of the GB200 architecture will have a positive impact on PCB manufacturers. Mainstream PCB manufacturers are worth looking forward to in the future (with concept stocks)
The architecture of the GB200PCB sector has brought about some important updates, and these updates have had a significant impact on the value of the entire PCB industry. First, the use of PCBs in the GB200 structure is expected to increase significantly. In a rack configuration with 72 GPUs, each rack contains multiple basic components. The computertree structure is the core part. Each tree contains two PCB units, and each unit contains two GPUs and one CPU. Additionally, NVIDIA SwitchTree acts as an intermediary for information exchange between GPUs, and In
Kingboard Laminates Holdings Limited Just Missed EPS By 35%: Here's What Analysts Think Will Happen Next
Kingboard Laminates Holdings Limited (HKG:1888) just released its latest full-year report and things are not looking great. Results showed a clear earnings miss, with HK$17b revenue coming in 2.1
Changes in Hong Kong stocks | Jiantao Laminated Board (01888) rose by more than 9%, and annual net profit of over 900 million yuan, slightly higher than the Yingshun's guidance that it may gradually recover this year
Jiantao Laminate (01888) rose more than 9% in early trading. As of press release, it had risen 9.44% to HK$6.49, with a turnover of HK$2,079,800.
Kingboard Laminates Reports 51% Profit Drop for 2023; Declares Dividend
Kingboard Laminates Holdings' (HKG:1888) attributable net profit dropped 51% to HK$991 million in the year through December 2023, from HK$2 billion in 2022, according to a Monday filing with the Hong
Big Bank Rating | Dahua Jixian: Lowering the target price of Jiantao laminated boards to HK$6.1 and lowering the profit forecast for this year and next two years
Gelonghui, March 19 | Dahua Jixian released a report stating that the net profit of Jiantao Laminate in the second half of last year increased 15% to HK$485 million compared to the first half of the year, slightly higher than the SWP guidelines. The company's copper clad plate (CCL) sales recovered in the second half of last year, but the average price of the product continued to fall, which continued to affect gross profit margin. In the end, gross margin remained the same as in the first half of the year. The bank expects that Jiantao laminated boards will gradually recover this year, and any prudent policy on electronic product/equipment replacement by the government may bring room for improvement in the bank's predictions. The bank maintained its “hold” rating for Jiantao laminates, and the target price was lowered from HK$7.4 to 6.
Big Bank Rating | Citibank: Lowering the target price of Jiantao laminates to HK$8.2, preferring Jiantao Group
Glonghui, March 19 | Citigroup released a report saying that Jiantao Laminate's net profit and recurring profit decreased by 52% and 51%, respectively, to HK$907 million and HK$991 million respectively last year. This is better than the 55% year-on-year drop of 55% to at least HK$860 million, as predicted by the Financial Services earlier. The bank lowered the stock's profit forecast for this year and next two years by 40% and 33%. Based on an earlier profit warning, the target price also dropped from HK$10 to HK$8.2. The bank pointed out that after the analysts' meeting, it is believed that the company's business recovery is still slow this year, even though profits were low last year. The bank favors the Jiantao Group over the Jiantao laminated board, based on later
KB LAMINATES To Go Ex-Dividend On June 12th, 2024 With 0.1 HKD Dividend Per Share
March 18th - $KB LAMINATES(01888.HK)$ is trading ex-dividend on June 12th, 2024. Shareholders of record on June 13th, 2024 will receive 0.1 HKD dividend per share on July 4th, 2024. The ex-dividen
Jiantao Laminate (01888) announces 2023 results, net profit attributable to company holders of approximately HK$907 million and final interest of HK$10 per share
According to the Zhitong Finance App, Jiantao Multilayer Board (01888) announced its 2023 results, with a turnover of about HK$16.75 billion, a year-on-year decrease of 25%; net profit attributable to company holders was approximately HK$907 million, a year-on-year decrease of 52.47%; earnings per share were 29.1 HK cents, with a recommended final dividend of HK$10 cents per share. Demand in the electronics industry declined during the review period, but the copper-clad panel division actively expanded into new market areas and made ideal progress in optimizing the product portfolio. Thin sheets for portable devices, lead-free halogen-free copper-clad panels that meet high environmental standards, flame-resistant copper-clad panels with a wide range of environmental adaptability, and low loss
KB LAMINATES: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
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