CLP Huada Technology (00085) rose more than 13% at the end of the session, with a cumulative increase of about 50% since the beginning of February. As of press release, it rose 12.35% to HK$1.82, with a turnover of HK$3.533,600.
The Zhitong Finance App learned that CLP Huada Technology (00085) rose more than 13% at the end of the session, with a cumulative increase of about 50% since the beginning of February. As of press release, it rose 12.35% to HK$1.82, with a turnover of HK$3.533,600.
According to reports, CLP Huada Technology's integrated circuit products are mainly used in the fields of smart cards, radio frequency identification, and wireless communication. Specific products include second-generation resident ID cards, social security cards, fuel cards, telecom cards, electricity cards, transportation cards, and wireless network equipment used by Chinese citizens.
The Zhitong Finance App points out in “PE (TTM): CEP Huada Technology (00085)”, that CLP Huada Technology has excellent performance. In 2020-2022, the compound revenue growth rate was 36.9%, and the growth rate in the first half of 2023 is 55.9%, which is likely to maintain a high growth trend throughout the year. In addition to strong growth, the company's profitability continues to improve. It is worth noting that CLP Huada Technology is also very generous in paying dividends. It pays dividends every year. The dividend ratio has stabilized at more than 30%, and in terms of current market capitalization, the dividend rate has reached 5%. Furthermore, CLP Huada Technology's valuation is very low, and PE (TTM) is only 3 times higher.