Shanghai Fudan (01,385) rebounded by more than 5% and rose 5.35% at press time to HK$9.85, with a turnover of HK$14.03 million.
The Zhitong Finance App learned that Shanghai Fudan (01,385) rebounded by more than 5% and rose 5.35% at press time to HK$9.85, with a turnover of HK$14.03 million.
In terms of performance, the company's performance for the year ended December 31, 2023, with operating income of 3,536 billion yuan (RMB, same below), which was basically the same as the previous year; net profit attributable to shareholders of the parent company was 719 million yuan, a year-on-year decrease of 33.18%; and basic income per share was 0.88 yuan. The company plans to distribute a cash dividend of 1.00 yuan (tax included) to all shareholders for every 10 common shares. As of December 31, 2023, the total assets of the Group were approximately RMB 8.411 billion, up 37.65% year on year; net assets attributable to shareholders of the parent company were approximately RMB 5.303 billion, up 17.03% year on year.
CITIC Securities recently released a research report stating that the overall investment idea for the semiconductor sector in 2024 is “safety, recovery, and innovation.” Safety is the foundation, recovery is the trend, and innovation opens up space. Overall, I am optimistic about the investment opportunities brought about by the semiconductor sector driven by safety and innovation and the restoration of the industry's overall valuation. Overall, it is expected that industry demand will still show a weak recovery in terminal demand in 24Q1 or the first half of the year. In 24Q2 or the second half of the year, as terminal demand gradually begins, it is expected to drive related companies' performance to improve quarterly. The bank said that 2024 is an inflection point in the industry cycle, and it is expected to gradually recover from the low base of 2023. Beneficial factors: Prices of storage products have increased, demand for AI continues to be strong, and inventory adjustments have returned to normal levels.