Stock speculation to see Jin Kirin analyst research report, authoritative, professional, timely, comprehensive, to help you tap the potential of the theme opportunity!
Original title: do it again! Increase the holding of Nantu assets by 0.58% to raise the brand of Shihua Technology.
"Science and Technology Innovation Board Daily" (Reporter Zhang Yinhai) this evening, Shihua Technology issued a notice on the change of shareholders' rights and interests. Shanghai Nantu Asset Management Co., Ltd. (hereinafter referred to as "Nantu Asset") increased its stake in the company by 0.58% to 5.57%.
According to the simplified equity change report, South Land assets have bought and sold and traded Shihua Technology every month for the past six months, and the shareholding ratio reached 4.99% before this equity change (September 22, 2021). The purchase price is 21.72 yuan per share to 48.75 yuan per share. Up to now, Nantu assets hold a total of 9.57 million shares of Shihua Technology, accounting for 5.57% of the company's total share capital.
A reporter from Science and Technology Innovation Board Daily noted that 16 private equity products owned by Nantu assets jointly own Shihua Technology, with a shareholding ratio of 0.1% to 1% for each product. And 16 of them belong to the "Eslite" series, and the fund manager is Liu Xiaohao. Eslite No. 1 private equity fund entered the top 10 tradable shares of Shihua Technology in the fourth quarter of 2020.
Judging from the performance of the Shihua technology market, although it has just been listed for a year, the market mainly comes from after May this year. Star Mining data show that Shihua Technology has risen 39.91% since May 6, while it has risen only 0.93% since its listing. However, Shihua Technology has retreated since it reached a high of 53.01 yuan per share on Aug. 26 and has fallen back by 30.5% since the high point.
It is worth noting that Shihua Technology disclosed its financial report for the first half of the year on the evening of August 26, and the larger increase in the previous period may be related to market expectations. According to the semi-annual report of Shihua Science and Technology, revenue of 149 million yuan / return net profit of 65 million yuan was realized, up 45.43% and 122.43% respectively over the same period last year. The gross profit margin was 62.48%, an increase of 5.1 percentage points over the same period last year.
Nantu Asset said in its Investment Outlook for the third quarter that investment in manufacturing, especially in high-end manufacturing, will be the next major driver of economic growth, and it is expected that more competitive industry leaders and enterprises with strong R & D capabilities in manufacturing will continue to deliver better answers.
Shihua Technology is mainly engaged in the research and development, production and sales of functional materials, including electronic composite functional materials, optoelectronic display module materials and precision process Applied Materials Inc. By the end of June 2021, electronic composite functional materials accounted for 66.08% of revenue, up 27.7% from the same period last year; Applied Materials Inc, a precision process, accounted for 30.72% of revenue; and optoelectronic display module materials accounted for 3.19% of revenue.
From the perspective of customers, Shihua Technology has the problem of high customer concentration. By the end of 2020, the company's top five customers accounted for 78% of total revenue. Among them, "customer one" accounts for 46.21% of revenue. Shihua Technology said that the company's direct customers are mainly die-cutting factories, but have technical exchanges with terminal brand customers and determine product prices.
Industry investors told Science and Technology Innovation Board Daily: "Shihua Technology is deeply bound to Apple Inc, and its products have been directly certified by Apple Inc in 2015. Electronic composite functional materials are the main driving force of the company's performance." Although the company has plans to expand the automotive and medical areas, but the current shipments are still small. "
With regard to the impact of the recent power cuts, Shihua Technology responded to investors on the interactive platform: "the company has not received the request to stop production, but the company has actively responded to the government's call for dual control of energy consumption, reducing non-production power consumption as much as possible, and arranging holiday time as a whole. It has a certain impact on the company; some of its customers have a periodic shutdown under the influence of electricity, which also has an impact on the company, but it is generally controllable."