603986 GigaDevice Semiconductor Inc.
- 78.75
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GigaDevice Semiconductor Inc. News
Giga Device Semiconductor's (SHSE:603986) Soft Earnings Are Actually Better Than They Appear
Shareholders appeared unconcerned with Giga Device Semiconductor Inc.'s (SHSE:603986) lackluster earnings report last week. We did some digging, and we believe the earnings are stronger than they see
Mega Easy Innovation (603986.SH): The corresponding repurchase amount for repurchased shares to be repurposed and cancelled is approximately RMB 497.25 million
Gelonghui, April 23 | Zhaoyi Innovation (603986.SH) announced that in order to effectively protect the interests of investors, enhance investor confidence, and increase long-term investment value, the company's board of directors agreed to change the use of some of the shares already repurchased. For 500,000 shares of the company's repurchased shares in 2023, the use was changed from the original repurchase plan “for subsequent implementation of the equity incentive plan” to “for cancellation and reduction of registered capital”. This change is subject to review and approval by the company's shareholders' meeting before it can take effect. Based on the average repurchase price of RMB 99.45 per share, the repurchased share pairs that the company plans to repurpose and cancel
Demand for memory chips picked up, GigaYi innovated both revenue and profit growth in Q1 | Financial News
Q1 net profit increased 36.45% year over year, surpassing the full year of last year.
Zhaoyi Innovation (603986.SH): Proposed 6.7814 million stock option incentive plan
Gelonghui, April 19 | Zhaoyi Innovation (603986.SH) announced the 2024 stock options incentive plan. The company plans to grant a total of 6.781,400 stock options to incentive recipients. The underlying stock types involved are RMB A shares common stock, accounting for 1.02% of the company's total share capital of 666.90.63.48 million shares when the draft incentive plan was announced.
Zhaoyi Innovation (603986.SH): Net profit of 161 million yuan in 2023 fell 92.15% year on year
On April 19, Ge Longhui Innovation (603986.SH) released its 2023 annual report. During the reporting period, it achieved operating income of 5.761 billion yuan, a year-on-year decrease of 29.14%; net profit attributable to shareholders of listed companies was 161 million yuan, a year-on-year decrease of 92.15%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 274.06 million yuan, a year-on-year decrease of 98.57%; and basic earnings per share were 0.24 yuan.
Shanxi Securities: The trend of rising storage prices may continue for longer, and storage vendors are expected to welcome a double hit from Davis
The Zhitong Finance App learned that Shanxi Securities released a research report stating that considering that the operating profit margins of the three major storage manufacturers still have a lot of room to rise from historical highs, and that storage prices continue to rise for at least 6-8 quarters in each upward cycle, storage prices have only risen for 2 quarters in this upward cycle, so the storage price increase trend may continue for longer. In the future, as operating margins improve due to the continued rise in storage prices, storage vendors are expected to face a double hit in performance and valuation, and there is plenty of room for a rebound in the industry. The main opinion of Shanxi Securities is as follows: Shanxi Securities said that the price of upstream storage wafers
Is Now The Time To Look At Buying Giga Device Semiconductor Inc. (SHSE:603986)?
Giga Device Semiconductor Inc. (SHSE:603986), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the past couple of months on the SHSE. While good ne
Dongwu Securities: How do you view the storage sector in April? Focus on the two main lines of “price increase performance flexibility” and “localization”
In April, the two main lines of “price increase flexibility” and “localization” in the storage sector were clarified.
Zhaoyi Innovation (603986.SH): A total cost of 45.5 million yuan to buy back 0.09% of shares
Gelonghui, April 1 | Zhaoyi Innovation (603986.SH) announced that as of March 31, 2024, the company had repurchased 582,800 shares through centralized bidding transactions, accounting for 0.09% of the company's total share capital. The highest purchase price was RMB 79.94 per share, the lowest price was RMB 73.71 per share, and the total amount paid was RMB 45,054,183.00 (not including transaction fees).
CICC: Major types of storage benefit from HBM's short supply and demand pattern, which is expected to continue to be optimized
With the gradual recovery of demand in the downstream mobile phone, PC, server and other industries, and the gradual implementation of production capacity cuts by original storage manufacturers, starting in 3Q23, the prices of some major storage categories began to bottom out and enter an upward channel.
Zhaoyi Innovation (603986.SH): Plans to participate in Changxin Technology's capital increase of 1.5 billion yuan
Gelonghui, March 28 | Zhaoyi Innovation (603986.SH) announced that since the company first invested in Changxin Technology in 2020, the two sides have given full play to their respective professional advantages, continued to deepen cooperation in the memory business field, strengthen strategic partnerships, and achieve win-win cooperation. Changxin Technology is currently carrying out a new round of equity financing. The company plans to use its own capital of RMB 1.5 billion to participate in the current round of Changxin Technology's capital increase. The company will cooperate with Changxin Technology, early shareholders Hefei Changxin Integrated Circuit Co., Ltd., Hefei Qinghui Electric Collection Enterprise Management Partnership (Limited Partnership), and Hefei Jixin Enterprise Management
Open source securities: Currently HBM is in short supply, NAND flash memory prices are expected to rise 15%-20% in the second quarter
Recently, Micron Technology released its latest financial report. Its performance far exceeded expectations and achieved a strong recovery. In terms of guidance, the Micron HBM3e will supply Nvidia H200 GPUs, which have now been mass-produced.
Should Weakness in Giga Device Semiconductor Inc.'s (SHSE:603986) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Giga Device Semiconductor (SHSE:603986) has had a rough three months with its share price down 15%. However, the company's fundamentals look pretty decent, and long-term financials are usually align
Galaxy Securities: The storage industry's boom has reached an inflection point, bringing about a new cycle of AI, localization, and demand recovery
The Zhitong Finance App learned that Galaxy Securities released a research report saying that the memory chip circuit is a high-growth and strong cycle industry. The current time is a new starting point for the next cycle of the memory chip circuit. Against the backdrop of AI/localization and demand recovery compounded by the digital economy's continuous rise in demand for memory, it is optimistic about investment opportunities for listed companies related to the domestic storage industry chain. Focus on memory chip design companies such as Zhaoyi Innovation (603986.SH), Beijing Junzheng (300223.SZ), Lanqi Technology (688008.SH), etc., and module manufacturers focus on Jiang Bolong (301308.SZ) and Demingli (
Open Source Securities: DDR3 is short of supply and price increases are spreading to niche storage markets
As the supply and demand structure of the niche market improves, niche storage products such as DDR3 are expected to continue to rise, recovering all categories of memory chips, and the sector's prosperity will continue to rise.
Mega Easy Innovation (603986.SH): Initial repurchase of 67,800 shares
Gelonghui, March 11 | Zhaoyi Innovation (603986.SH) announced that on March 11, 2024, the company repurchased 67,800 shares for the first time through centralized bidding transactions, accounting for 0.01% of the company's total share capital. The highest purchase price was RMB 74.60 yuan/share, the lowest price was RMB 73.71 per share, and the total amount paid was RMB 5,021,872.
Mega Easy Innovation (603986.SH): Looking ahead to 2024, mainstream storage prices will continue to rise, driving niche storage prices to rise
Gelonghui, February 7 | Zhaoyi Innovation (603986.SH) said on an interactive platform that please pay attention to the 2023 Annual Report for the detailed business situation of the company in 2023. At present, after several years of research and development, the company's 24nm SLC NAND products have good yield and reliability. They have excellent competitiveness, and can cover the mainstream needs of the niche SLC NAND market. By the end of 2023, the tight production capacity of SLC NAND will be greatly reduced compared to before, and batch supply will begin. Production capacity will continue to be expanded in 2024, further increasing market share. Hope in Netcom in 2024
Mega Easy Innovation (603986.SH): No HBM products
Gelonghui, Feb. 7 | Zhaoyi Innovation (603986.SH) said on an interactive platform that the company has no HBM products. The company's DRAM is mainly niche products, including small-capacity DDR4, DDR3, etc., and is also actively developing research and development of other niche DRAM products such as 8Gb DDR4 to complement the entire standard interface niche DRAM product line, effectively support the development of the company's DRAM business and meet customer needs. As the average unit price of a product bottomed out at the end of 2023, gross margin also bottomed out.
Mega Easy Innovation (603986.SH): NOR and MCU prices are at the bottom of the industry, and expectations for 2024 are relatively stable
Gelonghui, Feb. 7 | Zhaoyi Innovation (603986.SH) said on the interactive platform that from the second half of 2022 to the whole of 2023, with the reversal of supply and demand, sluggish demand, and increased competition, unit prices for all of the company's product lines showed a downward trend. By Q4 2023, prices for many product lines were close to or reached the bottom, and DRAM and NAND prices stabilized, judging that prices would continue to rebound slightly in 2024; NOR and MCU prices were at the bottom of the industry, and expectations for 2024 were relatively stable; prices of fingerprint chips continued to decline after more than a year, and prices bottomed out at the end of 2023.
Zhaoyi Innovation (603986.SH): Actual controller and chairman Zhu Yiming proposed to buy back 100 million yuan to 200 million yuan of shares
Gelonghui, Feb. 6, 丨 Zhaoyi Innovation (603986.SH) announced that on February 6, 2024, the company received a “Letter on Proposing Zhaoyi Innovation Technology Group Co., Ltd. to repurchase the company's shares” from Mr. Zhu Yiming, the controlling shareholder, actual controller and chairman of the company. The repurchased shares will all be used for equity incentives and/or employee stock ownership plans. The total capital for repurchasing shares shall not be less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive); the repurchase price of shares shall not exceed RMB 110 per share (inclusive).
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