No Data
Semiconductor giant wingtech technology's Q3 performance is improving, with convertible bond prices rising by over 50% from the low point of the year.
①In the third quarter, the net income attributable to shareholders of the listed company was 0.274 billion yuan, turning from a loss to a profit compared to the second quarter, with significant improvement. The performance recovery may drive the continuous rise of 'Wentai Convertible Bonds'. ②It is worth noting that the net income attributable to the mother company in the first three quarters still decreased by 80.26% year-on-year, and the company's shares have frequently encountered shareholder shareholding this year.
Express News | Wisdom Micro: The company has no cooperation with Huawei.
Research reports | Huachuang Securities: Wingtech Technology's performance is expected to achieve trend improvement, maintaining a "strong recommendation" rating.
Gelonghui on November 11th | Huachuang Securities Research Report pointed out that Wingtech Technology (600745.SH) the semiconductor and product integration business are taking off together, the trough period is over and the operation is expected to rebound. From 2022 to 2023, terminal demand is weak, coupled with a peak investment period, the company's profitability is under pressure. Since the second quarter of 2024, the market has bottomed out and warmed up, coupled with the rapid development of the company's semiconductor business in the domestic autos market at the operational level, as well as the continuous cost reduction and efficiency improvement of the product integration business, profitability has been substantially improved. With further focus on business layout and continuous strengthening of production and operation management, the company's performance is expected to be solid.
Wingtech Technology (600745) in-depth research report: ODM is expected to trend towards turning losses into profits, with the automotive semiconductor cycle about to start.
Semiconductors and product integration business are taking off together, the trough period has passed, and the operation is expected to rebound. The company was established in 2006 and has now become a global leader in integrated research, development, design, and manufacturing of semiconductors and product integration enterprises. The company started in
Wingtech Technology (600745): Achieved a turnaround in the third quarter, the turning point in operation has emerged.
On October 25, 2024, Wingtech Technology released the third quarterly report of 2024. During the reporting period, the company achieved revenue of 53.161 billion yuan, a year-on-year increase of 19.70%, with a net income attributable to the parent company of 0.415 billion yuan.
Wingtech Technology (600745): Profitability improves month-on-month, bringing sustained momentum to the semiconductor business.
Investment summary event overview on October 26, the company released the third quarter report of 2024. The company's revenue for 2024 Q1-3 reached 53.161 billion yuan, with a year-on-year growth of +19.70%, of which the revenue in 2024 Q3 reached
No Data
No Data