No Data
No Data
Citigroup reiterates a "buy" rating on Times Electric (03898) with a target price of 43.2 Hong Kong dollars.
Citi expects the ROE of Times Electric to gradually recover to 11% in 2024 and 12.2% in 2025.
Times Electric (688187.SH): It is expected that the semiconductor business may have a better performance in the second half of the year.
Gronto's September 12 report shows that Times Electric (688187.SH) disclosed the investor relations activity record, indicating that despite lower-than-expected orders in the first half of the year, the company remains optimistic about the IGBT high-voltage business in the second half of the year. With the increase in power grid and rail transit orders, the company expects the semiconductor business to perform better in the second half of the year. The company will continue to strive to improve production capacity and management qualification rate to cope with the market's pricing pressure.
Times Electric (688187.SH): The Yixing production line will be basically completed by the end of this year.
GLEE12th September | Times Electric (688187.SH) disclosed the record of investor relations activities, indicating that the Yixing production line will be basically completed by the end of this year, and the capacity utilization rate is expected to reach over 70% next year. Currently, domestic and foreign customers are in discussions for cooperation.
Times Electric (688187.SH): Currently has an annual production capacity of 0.025 million pieces of 6-inch silicon carbide.
Gelonghui September 12th, times electric (688187.SH) disclosed the record of investor relations activities, showing that the company has prepared both the technology and production capacity for silicon carbide devices, and the technical performance of the products has been benchmarked against leading companies' products. Currently, we have an annual production capacity of 0.025 million pieces of 6-inch silicon carbide. We have already released an electric drive system based on silicon carbide devices, and sales are expected to be generated this year, with mass promotion scheduled for next year.
Estimating The Fair Value Of Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898)
Hong Kong stocks have fluctuated | Times Electric (03898) is currently down more than 4%. The Yixing production line will be converted into fixed assets in the second half of the year, which may depreciate and drag down the net profit margin.
times electric (03898) is now down more than 4%, as of the time of publication, down 3.56%, at 25.7 Hong Kong dollars, with a turnover of 0.132 billion Hong Kong dollars.
No Data
No Data