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Shennan Circuits (002916.SZ): In 2024, the company's sales revenue from direct exports of packaging substrate products to the USA accounts for a relatively low proportion of the Business's Overseas sales revenue.
On April 7th, Glonghui reported that Shennan Circuits (002916.SZ) stated on the investor interaction platform that in 2024, the sales revenue of packaged substrate products directly exported to the USA accounted for a relatively low proportion of the Business's Overseas sales revenue, and the overall direct impact on the company is small. In response to the new changes in the current international economic and trade environment, there remains uncertainty, and the company continues to closely monitor the situation while maintaining communication with all relevant parties in the Industry Chain to jointly negotiate solutions and prepare for flexible responses. At the same time, the company will continue to focus on its main business, leverage the advantages of its electronic interconnection product technology platform, adhere to Technology innovation, and strengthen its enterprises.
Express News | Shennan Circuits: The company's PCB capacity utilization rate remains running at a high level.
Shennan Circuits (002916): FC-BGA mass production up to 16 layers, Datacenter revenue exceeding 2 billion.
Investment highlights: In 2024: revenue of 17.907 billion yuan, +32.39% year-on-year; gross margin of 24.83%, +1.4 percentage points; net income attributable to shareholders of 1.878 billion yuan, +34.29% year-on-year;
Shennan Circuits (002916): PCB Business is experiencing high growth, with new packaging substrate products being continuously introduced.
Event: The company released its annual report for 2024, achieving revenue of 17.907 billion yuan, an increase of 32.39% year-on-year; Net income attributable to shareholders of listed companies was 1.878 billion yuan, an increase of 34.29% year-on-year; excluding non-
Research Reports Digging for Gold | China Post Securities: Maintain a "Buy" rating on Shennan Circuits, with the PCB Business showing steady growth.
On March 19, Gelonghui reported that Shennan Circuits (002916.SZ) expects a Net income of 1.878 billion yuan in 2024, a year-on-year increase of 34.29%. The demand in the Global packaging substrate market is gradually recovering in 2024, and the company's packaging substrate Business is increasing its market expansion efforts, accelerating the introduction of new substrate products and new customers, with Orders growing year-on-year, achieving revenue of 3.171 billion yuan, an increase of 37.49%, accounting for 17.71% of the company's total operating revenue. Seizing opportunities in the computing power and automotive electronics markets, the PCB Business is experiencing steady growth. Capital expenditures of Cloud Computing Service providers are focused on AI computing power.
Express News | Shennan Circuits: Recently, the capacity utilization rate of the PCB Business remains at a high level running.