Times Electric (03898) rose by over 4% again. As of the time of publication, it rose by 3.87%, to HKD 32.2, with a turnover of HKD 87.1488 million.
According to the Zhongtong Finance APP, Times Electric (03898) rose by over 4% again. As of the time of publication, it rose by 3.87%, to HKD 32.2, with a turnover of HKD 87.1488 million.
Shanxi Securities pointed out that Times Electric has completed its cross-industry and cross-domain layout from rail transit to the "big transportation" and "new energy". In the short and medium term, the recovery of rail transit equipment demand, maintenance increment, and urban rail signal system business are expected to jointly promote the company's business to a new stage. The start of production of power semiconductor capacity is expected to further help the company expand its market share, optimize its product structure, and support the development of system business. In the medium and long term, the company is expected to form a situation of both big transportation and new energy, and achieve leapfrog development.
Guosen Securities pointed out that the shipment volume of low and medium voltage products continued to rebound, and the gross margin is expected to see a phased stabilization and recovery. The short-term price and demand of IGBT module products have entered an adjustment phase, and the silicon carbide car model is accelerating its launch. In the short and medium term, benefiting from price reductions and production expansion, leading companies in the subdivided fields are expected to have their share and profitability repaired in stages. Low and medium voltage products have taken the lead in entering the improvement phase, while some high and medium voltage products are still in the adjustment period. Recommendation to pay attention to Times Electric, etc.