688234 Sicc Co., Ltd.
- 55.54
- +0.16+0.29%
Sicc Co., Ltd. News
Tianyue Advanced: 8-inch silicon carbide has been sold in batches and plans are being made to increase production capacity in the second phase of the Lingang factory|Direct Performance Report
① Zong Yanmin said that only a few enterprises in Tianyue Advanced are engaged in the research and development of liquid phase method as a new technology, but liquid phase method is cutting-edge technology and has not yet achieved large-scale industrial production; ② Shanghai's Lingang plant already has the capacity to produce 300,000 conductive substrates per year.
Earnings Beat: SICC Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shareholders will be ecstatic, with their stake up 23% over the past week following SICC Co., Ltd.'s (SHSE:688234) latest quarterly results. It looks like a credible result overall - although re
Express News | Tianyue Advanced: net profit of 46.1 million yuan in the first quarter
Tianyue Advanced (688234): Overseas market development successfully became the top three in the world for conductive silicon carbide substrates
Incident: The company released its 2023 report23. The annual results were in line with expectations, and the scale effect led to a continuous increase in profitability. 23 Throughout the year, the company achieved revenue of 1.25 billion yuan, YoY +200%, net profit to mother - 50 million yuan
Guohai Securities released a research report on April 14 stating that it gave Tianyue Advanced (688234.SH) a purchase rating. The main reasons for the rating include: 1) rapid rise in production capacity and continuous improvement in profitability; 2) lon
Guohai Securities released a research report on April 14 stating that it gave Tianyue Advanced (688234.SH) a purchase rating. The main reasons for the rating include: 1) rapid rise in production capacity and continuous improvement in profitability; 2) long-term binding to leading international customers such as Infineon and Bosch, leading the global conductive silicon carbide market in 2023; 3) the market share of substrates rose to second place in the world; 4) R&D expenses continued to grow, leading the automotive-grade and 8-inch product industry. (Mainichi Keizai Shimbun)
Tianyue Advanced (688234) 2023 Annual Report Review: High growth in SIC substrate production and sales throughout the year, significant improvement in profitability
Incident: The company released its annual report for 23 years, with revenue of 1,251 billion yuan, YoY +199.90%; net profit to mother - 46 million yuan, net profit not attributable to mother - 113 million yuan, all with year-on-year loss reduction; main business gross
Tianyue Advanced (688234) 2023 Annual Report Review Report: Capacity Expansion+Successful Development of Major Customers Continued Improvement in Profit Levels
Event: On April 11, Tianyue Advanced released its 2023 annual report. In 2023, it achieved revenue of 1,251 billion yuan, an increase of 19.90% over the previous year; net profit to mother was -46 million yuan, compared to 2022
Tianyue Advanced (688234): Product production continues to increase, ranking second in the global conductive silicon carbide substrate market
Matters: The company announced its 2023 annual report. In 2023, the company achieved revenue of 1,251 billion yuan, an increase of 199.90% over the previous year; net profit attributable to shareholders of listed companies - 45.72 million yuan, which is narrower than the loss for the same period last year. Safety point of view:
Affected by the rising production capacity of new projects, Tianyue Advanced's revenue growth in 2023 will not increase profit, and overseas revenue will increase 8 times year-on-year
① The company said it mainly benefited from the expansion of the overall silicon carbide market size and the smooth rise in production capacity after delivery of the company's Lingang plant, which increased both revenue and profit. ② During the reporting period, the company's top five customers accounted for 51.16% of total sales in 2023, and the customer concentration was high.
Tianyue Advanced (688234.SH)'s revenue in 2023 increased by 199.90% to 1,251 billion yuan, production capacity and output of conductive products continued to increase
Gelonghui, April 11 | Tianyue Advanced (688234.SH) disclosed the 2023 annual report. In 2023, the company achieved total operating income of 1256.957 million yuan, an increase of 199.90% over the same period of the previous year; operating income after deducting business income unrelated to the main business and income without commercial substance was 1254.555 million yuan, an increase of 199.92% over the same period of the previous year; basic earnings per share, diluted earnings per share, and basic earnings per share after deducting non-recurring profit and loss increased compared to the previous period; net profit attributable to the parent company's owners- 45.755 million,
Tianyue Advanced (688234.SH) announced 2023 annual results with a net loss of 45.72 million yuan
Tianyue Advanced (688234.SH) disclosed its 2023 annual report. During the reporting period, the company achieved revenue of 1,251 billion yuan, a year-on-year increase of 199.9%; net profit loss to mother of 45.72 million yuan, a year-on-year narrowing; net profit loss of 113 million yuan, a year-on-year reduction; and basic earnings per share of -0.1 yuan.
Tianyue Advanced (688234.SH) has repurchased 988,700 shares at a cost of 53.02 million yuan
Zhitong Finance App News, Tianyue Advanced (688234.SH) announced that as of March 31, 2024, the company had repurchased a total of 988,700 shares, accounting for 0.2301% of the company's total share capital. The highest purchase price was 61.15 yuan/share, the lowest price was 43.96 yuan/share, and the amount paid was RMB 53.085 million (excluding transaction fees such as stamp duty and transaction commissions).
We Think SICC (SHSE:688234) Can Afford To Drive Business Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, although Amazon.com made losses for many years after listing, if you had bought and held the
Tianyue Advanced (688234.SH): Global market share of conductive silicon carbide substrate materials in 2023, the company ranked in the top three
Gelonghui, March 6 | Tianyue Advanced (688234.SH) said on the investor interactive platform that the company currently focuses on SiC silicon carbide semiconductor materials and is a leading international manufacturer of silicon carbide semiconductor materials. The company is committed to providing high-quality products to a wide range of domestic and foreign customers, and has now cooperated with well-known domestic and foreign semiconductor companies such as Infineon and Bosch Group. According to the 2023 global market share of conductive silicon carbide substrate materials calculated by Fuji Economic Report, an authoritative industry research agency in Japan, the company ranked in the top three, surpassing Coherent (Coherent) to second place in the world. The company will continue to seize
Tianyue Advanced (688234.SH): A total of 738,700 shares have been repurchased
Gelonghui, March 1, 丨 Tianyue Advanced (688234.SH) announced that as of February 29, 2024, the company had repurchased a total of 738,701 shares of the company through centralized bidding transactions, accounting for 0.1719% of the company's total share capital. The highest purchase price was 61.15 yuan/share, the lowest price was 43.96 yuan/share, and the amount paid was RMB 40,353,042.51 (excluding transaction fees such as stamp duty and transaction fees).
Express News | CITIC Securities: Huawei overcharging has ecological support and performance advantages, and the pace of implementation focuses on the three leading indicators
Tianyue Advanced (688234.SH): The first phase of the Lingang Plant's annual production capacity of 300,000 conductive substrates will be achieved ahead of schedule
Gelonghui, Feb. 26 | Tianyue Advanced (688234.SH) said on the investor interactive platform that Japan's authoritative industry research agency Fuji Keizai's “2024 New Generation Power Devices & Related Market Status and Prospects” indicates that, driven by the fields of electric vehicles, power equipment, and energy, the overall demand for SiC power devices is strong. In 2030, the SiC power device market will reach nearly 15 billion US dollars, accounting for about 24% of the overall power device market, and is expected to exceed 20 billion US dollars in 2035. At that time, the SiC device market size will account for the overall power device market Over 40% of devices. from
SICC's Loss Narrows in 2023 as Revenue Soars 200%
SICC (SHA:688234) incurred a loss attributable to owners of 47.4 million yuan in 2023, narrowing from the year-ago loss of 175.89 million yuan. Loss per share was at 0.11 yuan, compared to 0.41 yuan a
Tianyue Advanced (688234.SH): net loss of 47375,300 yuan in 2023
Gelonghui, Feb. 25, 丨 Tianyue Advanced (688234.SH) announced the 2023 annual results report. In 2023, the company achieved operating income of 1256.957 million yuan, an increase of 199.90%; net profit attributable to the owner of the parent company - 47.3753 million yuan, a year-on-year decrease of 73.06%; net profit attributable to the owner of the parent company after deducting non-recurring gains and losses - 111.4538 million yuan, a year-on-year decrease of 56.88%.
MSCI to Remove 74 Companies From China Onshore Index Including China Southern Airlines, Weibo, Greentown China
MSCI will drop 74 Chinese stocks from its MSCI China-A Onshore Index, effective after Feb. 29, and add three new stocks following its February review, the New-York based index provider said in a relea
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