Jiantao Laminate (01888) rose more than 6% in the intraday period. As of press release, it was up 5.1% to HK$6.18, with a turnover of HK$19841,300.
The Zhitong Finance App learned that Jiantao Laminated Board (01888) rose more than 6% in the intraday period. As of press release, it had risen 5.1% to HK$6.18, with a turnover of HK$198413 million.
Cinda Securities pointed out that demand for AI is currently rising rapidly, and AI servers and switches are expected to show high double-digit growth in the next few years. Among them, PCB/CCL value is high, technical barriers are deep, and related individual stocks are expected to usher in a new round of growth opportunities. Furthermore, the traditional PCB/CCL industry is at the bottom of the cycle. With macroeconomic recovery, consumer electronics is expected to recover in 2024, and the industry chain manufacturer boom is expected to return rapidly.
Dahua Jixian previously released a research report saying that the net profit of Jiantao Laminate in the second half of last year increased 15% to HK$485 million compared to the first half of the year, which is slightly higher than the SWP guidelines. The company's copper clad plate (CCL) sales recovered in the second half of last year, but the average price of the product continued to fall, which continued to affect gross profit margin. In the end, gross margin remained the same as in the first half of the year. The bank expects that Jiantao laminated boards will gradually recover this year, and any prudent policy on electronics/equipment replacement may bring room to the bank's predictions.