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Ping An Securities: High-bandwidth characteristics unleash the performance of AI hardware. The continued prosperity of AI drives high demand for growth.
With the current sustained prosperity of AI computing power, HBM, as an important memory technology for AI hardware and systems to enhance computing performance, has shown strong growth in market demand.
Suzhou Secote Precision ElectronicLTD (SHSE:603283) Stock Performs Better Than Its Underlying Earnings Growth Over Last Three Years
Announcement of Half-Year Performance Expected to Increase in 2024 by Suzhou Sitech Precision Electronics Co., Ltd.
Suzhou Secote Precision Electronic (603283.SH): It is expected that net income will increase by 42.97% to 54.56% year-on-year in the first half of the year.
Suzhou Secote Precision Electronic (603283.SH) announced on July 12th that, according to the preliminary calculation of the financial department, it is expected to achieve a net income attributable to the owner of the parent company of 0.148 billion yuan to 0.16 billion yuan in the first half of 2024, an increase of 44.4785 million yuan to 56.4785 million yuan compared with the same period last year (statutory disclosed data), a year-on-year increase of 42.97% to 54.56%. It is expected that the net profit attributable to the owner of the parent company after deducting non-recurring gains and losses in the first half of 2024 will be 0.1285 billion yuan to 0.14 billion yuan, which is compared with the same period of the previous year (statutory disclosed data).
Suzhou Secote Precision Electronic Co.,LTD's (SHSE:603283) Largest Shareholder, CEO Feng Sun Sees Holdings Value Fall by 4.6% Following Recent Drop
Suzhou Secote Precision Electronic Co.,LTD's (SHSE:603283) Low P/E No Reason For Excitement
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