00710 BOE VARITRONIX
- 4.060
- -0.010-0.25%
BOE VARITRONIX News
BOE Varitronix Schedules Key Board Meeting
Boe Varitronix (00710.HK) held a board of directors meeting on August 22 to approve the interim performance.
Boe Varitronix (00710.HK) announced on August 12 that the board of directors will hold a board meeting on August 22, 2024 (Thursday) to approve the company and its subsidiaries' mid-year performance ending June 30, 2024, consider the distribution of interim dividends (if any), and handle other matters.
BOE VARITRONIX: NOTIFICATION OF BOARD MEETING
CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
Gtja: Folding machine market is developing rapidly, and three-fold machines are poised for launch.
According to IDC's data, the sales growth rate of the folding machine market in China in the four quarters of Q3-24Q2 was 90%, 150%, 83%, and 105%, respectively, maintaining a high growth trend.
CMB International: Expects the ASP/profit margin of BOE Varitronix (00710) to recover in 2H24, with a target price of 9.9 Hong Kong dollars.
CMB International expects that BOE Varitronix's (00710) 1H24 revenue will increase by 15% year-on-year.
[Brokerage Focus] CMB International cuts BOE Varitronix (00710) target price by 9.5%, but expects improvement in revenue/net income in the second half of the year.
Kingway Financial News | CMB International stated that Boe Varitronix (00710) will release its 1H24 results in August. The bank predicts that the revenue for 1H24 will increase by 15% YoY, mainly driven by the increase in sales of high-end car displays, overseas customer orders, and shipments from the Chengdu factory. However, considering the inventory digestion offsetting the good utilization rate of production capacity, the YoY decrease in net income may narrow to -16% (2H23/1H23 was -18%/-19%). Looking ahead to 2H24, due to seasonal factors of orders, better product mix, and increased utilization rate of production capacity, the bank expects revenue/net income to improve. The bank
Counterpoint: The global PC market rebounded in Q2, with shipments increasing by 3.1% year-on-year to 62.5 million units.
In Q2 2024, global PC shipments increased by 3.1% year-on-year to reach 62.5 million units, marking the second consecutive quarter of year-on-year growth in the PC market.
Omdia predicts that OLED will account for 56% of the smart phone screen market by 2024 and become the dominant technology.
Panel manufacturers have been investing heavily in OLED for almost 10 years now.
GTJA: Multiple chip design companies have announced performance growth forecasts, bullish on downstream companies in the Apple industry chain, etc.
GTJA released a research report stating that multiple domestic chip design companies have issued profit increase announcements, and the global semiconductor industry is recovering. The high growth in the Chinese market continues, with storage showing stronger recovery than logical products.
IDC: Global PC market grew 3% in the second quarter, recovery still continuing.
According to the preliminary results of the International Data Corporation (IDC) Global Quarterly Personal Computing Device Tracker, global shipments reached 64.9 million units in the second quarter of 2024, an increase of 3% year-on-year.
Hong Kong Stock Market Update: Auto parts stocks fell today, institutions claim that the marginal easing of the car price war has stabilized the performance of major car companies in the industry chain.
Auto parts stocks fell today. As of press time, Zhengzhou Coal Mining Machinery Group (00564) fell by 5.43%, to HKD 9.57; Nexteer (01316) fell by 5.42%, to HKD 3.14; BOE Varitronix (00710) fell by 3.56%, to HKD 4.34; Minth Group (00425) fell by 2.5%, to HKD 11.7.
Guoyuan: Computer-side Asia vets acceleration landing, policy empowers emerging tracks.
According to the report released by Guoyuan Securities, as of the closing on June 26, 2024, excluding negative values, the PETTM of the computer (Shenwan) index was 34.75 times, a significant decline from the beginning of the year.
CMB International: rated boe varitronix (00710) as "buy" with a target price of HKD 10.94.
BOE Varitronix's management team expects that its revenue growth rate will exceed the market average in 2024 and that the net margin will continue to recover in 2024.
Hong Kong stocks fluctuated today, with the automobile industry chain falling. Despite deep discounts in the automotive market, sales have not shown a significant increase. There are reports that Canada may impose additional tariffs on electric cars impor
Today, the auto industry chain dropped across the board. As of press time, BOE Varitronix (00710) fell by 5.6% to HKD 4.71; Nexteer (01316) fell by 3.91% to HKD 3.86; Yongda Auto (03669) fell by 3.66% to HKD 1.58; Zhongsheng Hldg (00881) fell by 3.51% to HKD 12.1; LI Auto Inc-W (02015) fell by 3.23% to HKD 68.9.
Boe Varitronix (00710.HK) was subjected to shareholding of 299,000 shares by China Orient.
According to the latest equity disclosure information from the Hong Kong Stock Exchange on June 18, 2024, BOE Varitronix (00710.HK) was reduced by 299,000 shares at an average price of HKD 5.08 per share by China Orient Asset Management (International) Holding Limited, with a total capital of about HKD 1.519 million. After the shareholding, China Orient Asset Management (International) Holding Limited...
Here's Why Some Shareholders May Not Be Too Generous With BOE Varitronix Limited's (HKG:710) CEO Compensation This Year
Omdia: The OLED material market will resume growth and is expected to exceed 2 billion US dollars in 2024.
According to Omdia's forecast, this year's annual revenue from oled materials (excluding dopant revenue) is expected to exceed $2 billion, and will reach $2.6 billion by 2028.
Canalys: China's PC market is expected to fall by 1% in 2024, but will rebound by 12% in 2025.
According to Canalys, the mainland China personal computer (PC) market, including desktops, laptops, and workstations, is expected to shrink by 1% in 2024.
Omdia: Panel suppliers consider the automotive display panel system business as an important source of revenue.
In 2023, the automotive industry will become an important revenue pillar for several major panel suppliers: AU Optronics (16%), Innolux (23%), BOE (25%), Japan Display Inc. (55%), and lg display (9%).
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