Qinkai’s EPS hit new highs in the first three quarters, and its full-year profit challenged more than one share capital
Electronic materials major Qinkai's third-quarter EPS reached 3.44 yuan, and the cumulative EPS in the first three quarters was 8.59 yuan, surpassing last year's full year; its October revenue of 309 million yuan set a new historical record.
Quick Look
- Qinkai, a major electronic materials manufacturer, announced that its third-quarter EPS reached 3.44 yuan, and its cumulative EPS for the first three quarters was 8.59 yuan, exceeding last year's 7.05 yuan and setting a record high.
- In addition, revenue in October was 309 million yuan, an annual increase of 64.02%.
- The cumulative revenue in the first ten months reached a new high.
AI-generated summary
Why It Matters
Qinkai is a major electronic materials manufacturer. In recent years, it has actively deployed emerging application areas such as advanced semiconductor packaging, heat dissipation materials, and high-frequency and high-speed transmission.
Qinkai (4760), a major electronic materials manufacturer, announced that its third quarter after-tax earnings per share (EPS) was 3.44 yuan, a quarterly increase of 24%, and its gross profit margin climbed to 21%. The cumulative EPS for the first three quarters reached 8.59 yuan, not only exceeding last year’s 7.05 yuan Yuan, a record high; at the same time, revenue in October was 309 million yuan, a monthly increase of 1.93%, and an annual increase of 64.02%, setting a new historical record. The cumulative revenue in the first ten months was 2.526 billion yuan, an annual increase of 66.57%, and a new high.
Zhuang Shuyuan, deputy director of Qinkai, said that with the rapid development of AI, high-performance computing and semiconductor advanced packaging technology, the demand for high-end electronic materials applications continues to expand. In addition to continuing to deepen the existing passive component market, it has actively deployed emerging application fields such as semiconductor advanced packaging, heat dissipation materials and high-frequency high-speed transmission in recent years. Currently, some new products have been gradually introduced to customers and gradually increased in volume. A number of other products are continuing to be sent for sample verification, which is expected to add growth momentum to next year and mid- to long-term operations.
Looking forward to the fourth quarter of operations, Zhuang Shuyuan also said that the market demand for passive components remains stable, covering application fields such as MLCC (multilayer ceramic capacitors), inductors and resistors. She analyzed that copper paste shipments hit a new high of 27 tons in October, and the softening of international silver prices has caused customers to actively replenish inventory. Operations this quarter are expected to maintain a high level; the legal person predicts that the profit for the whole year this year is expected to reach more than one equity.
What to Watch
AI outlook — possibilities, not facts
Annual profit exceeded one share capital
Likely · Within months
Open Questions
- Can the actual earnings per share for the whole year successfully exceed one share capital?
- When will new product verification progress fully contribute to revenue?
