688234 Sicc Co., Ltd.
- 52.33
- -0.63-1.19%
Sicc Co., Ltd. News
Express News | Science and Technology Innovation Board review: PV concept stocks are active, semiconductor sector sentiment is sluggish
Tianyue Advanced (688234.SH) spent 100 million yuan to complete the repurchase of 20.59 million shares
Tianyue Advanced (688234.SH) announced that as of May 26, 2024, the repurchase period for the company's current share repurchase has expired. The company bought back a total of 2.059 million shares of the company through centralized bidding transactions, accounting for 0.47% 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 100 million (not including transaction fees such as stamp duty and transaction commissions).
Tianyue Advanced (688234.SH): Silicon carbide can improve efficiency and reduce the size and weight of aircraft power converters
Gelonghui, May 24 | Tianyue Advanced (688234.SH) said on the investor interactive platform that silicon carbide semiconductor materials, due to their excellent physical properties, rely on outstanding advantages in power conversion efficiency, etc., and are key materials for preparing next-generation power electronic devices. According to industry media reports, silicon carbide is also being used in electric aircraft and other fields. Silicon carbide can improve efficiency and reduce the size and weight of aircraft power converters. Power systems using silicon carbide semiconductors can achieve higher power density, voltage, temperature, and frequency while reducing heat dissipation.
Tianyue Advanced (688234): Conductive substrate production capacity climbed rapidly and the 23-year performance achieved a high year-on-year increase
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 1,251 billion yuan, an increase of 19.90% over the previous year; net profit to mother of -46 million yuan, a year-on-year increase
Another 150 million yuan! A small border town in Heilongjiang has emerged as a third-generation semiconductor company
① Beiyi Semiconductor was founded in 2020 from the small border town of Muleng. The latter belongs to Mudanjiang City, Heilongjiang Province. The founder is an entrepreneur returning home with 21 years of work experience at Samsung in South Korea; ② Beiyi Semiconductor's recent two rounds of financing are related to “production line expansion”. Technically, Beiyi Semiconductor has also moved from IGBT modules to silicon carbide MOSFETs.
Jefferies Upgrades SICC to Buy From Hold, Adjusts Price Target to 66 Yuan From 69 Yuan
05:51 AM EDT, 05/08/2024 (MT Newswires) -- Jefferies Upgrades SICC to Buy From Hold, Adjusts Price Target to 66 Yuan From 69 Yuan
Tianyue Advanced (688234) Company Incident Review Report: Continued Revenue Growth Fundamental Inflection Point Further Clarified
Tianyue Advanced released its 2023 annual report and 2024 quarterly report: in 2023, the company achieved revenue of 1,251 billion yuan, an increase of 199.90%; net profit loss to mother was 46 million yuan, with a loss margin of YoY
Tianyue Advanced (688234): Significant improvement in 1Q24 profit levels, maintaining leadership in product and customer development
Revenue increased for eight consecutive quarters, and net profit after deducting non-return to mother in 1Q24 reversed year-on-year losses. The company achieved revenue of 1.25 billion yuan (YoY +200%) in 23 years, net profit after deducting non-attributable net profit of $113 million (YoY +56%)
Tianyue Advanced (688234.SH): A total of 0.4668% of the company's shares have been repurchased
Gelonghui, May 6, 丨 Tianyue Advanced (688234.SH) announced that as of April 30, 2024, the company had repurchased 2,005,884 shares of the company through centralized bidding transactions, accounting for 0.4668% 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 100,218,531.64 (excluding transaction fees such as stamp duty and transaction fees).
Tianyue Advanced (688234): Gradual release of production capacity and significant increase in performance
Incident: The company disclosed its 2024 quarterly report. In the first quarter of 2024, the company achieved operating income of 426 million yuan, an increase of 120.66% over the previous year, and achieved net profit of 46 million yuan, an increase of 263.73% over the previous year
Tianyue Advanced (688234): Continued high growth trend in 24Q1, and silicon carbide spearhead set sail at high speed in the 800V era
Incident Overview: The company released its 2024 quarterly report with quarterly revenue of 426 million yuan, up 121% from the same period, and close to the same level; net profit to mother was 46 million yuan, reversing losses year on year; 23Q1 was -0.28 billion yuan, up 1 month on month
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 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) 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): 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.
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