
AI-generated summary
Leadtek is a supplier of graphics cards and AI solutions. Benefiting from the continued increase in demand for AI-related products, Leadtek's operating performance in the third quarter was outstanding.
Leadtek (2465) benefited from the continued rise in demand for AI-related products and delivered outstanding operating results in the third quarter, driving the stock price to rise strongly today (4th). (File photo)
[Financial Channel/Comprehensive Report] Leadtek (2465), a graphics card and AI solutions provider, benefited from the continued increase in demand for AI-related products and delivered outstanding operating results in the third quarter, driving its stock price to rise strongly today (4th). After Leadtek opened flat at 114 yuan today, it immediately attracted buyers to enter the market, and the stock price quickly rose to the daily limit of 125 yuan, setting a new high in about 28 months since mid-July 2024, becoming the focus of the Taiwan stock market.
As of 11:16 a.m. Taipei time, Leadtai's trading volume has exceeded 10,000 contracts, and the number of daily limit orders has exceeded 9,800, showing that the market is eager to pursue prices.
In terms of fundamentals, Leadtek's consolidated revenue in the third quarter reached 3.315 billion yuan, an annual increase of 69.86%, setting a new single-quarter historical record; net profit after tax reached 379 million yuan, and net profit per share (EPS) was 4.03 yuan. The single-quarter profit has exceeded the full-year EPS performance in previous years except 2021. Further observation of operations in September showed that the net profit after tax reached 150 million yuan, an annual increase of 344.38%, and the single-month EPS reached 1.59 yuan, which also set a new high, indicating that the company's profit momentum continues to increase.
From a technical perspective, Leadtek's stock price has recently been firmly above the weekly, monthly and quarterly lines. The short-term moving averages have shown a bullish arrangement. Technical indicators such as MACD, RSI and KD have also maintained bullish signals, and the stock price has continued to be in the high-end range in recent months. In addition, the trading volume has been enlarged to more than 1,000 lots recently, reflecting the increasing popularity of market transactions and the short-term bullish momentum is still strong.
In terms of chips, the recent over-buying ratio of the main players in the past 5 days and the past 20 days has fluctuated in the positive range. The three major legal persons have also shown over-buying from time to time since late October, and the official shareholding ratio has remained at about 4%. Overall, the chips are partially concentrated, but there is still room for changing hands.
Looking forward to the market outlook, whether Leadtek's stock price can continue to be strong after hitting a new high in the band, it still needs to be observed whether high-end trading volume can continue to cooperate, and whether the main and foreign trading trends remain bullish. If volume and leverage continue to support it, it will help continue the market’s focus on the growth theme of its AI operations.

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