The profit of the PCB factory in the fourth quarter of last year was the most stable in Apple’s supply chain. Judging from the profit of the whole year in 2022, Xinxing (3037-TW), Kending (3044-TW) and Zhen Ding- KY(4958-TW), meanwhile, Huatong (2313-TW) The annual after-tax net profit will hit a new high, and the annual net profit per share will rise to 6.6 yuan.
Huatong’s revenue in the fourth quarter of last year was 20.846 billion yuan, a quarterly decrease of 3.9%, and an annual increase of 5.63%, mainly due to the decline in capacity utilization in December last year, which caused a rare quarterly decline in revenue in the fourth quarter, but it is estimated that In the fourth quarter, while the scale of operation was enlarged, the gross profit margin was still able to maintain a level of 20%. The net profit after tax in a single quarter remained at the level of 2 billion yuan in the same period last year. .
Jianding’s revenue in the first three quarters of 2022 is 51.122 billion yuan, with a gross profit margin of 17.65%, an annual decrease of 1.1 percentage points, an after-tax net profit of 4.538 billion yuan, an annual increase of 3.79%, and a net profit per share of 8.63 yuan. However, in the fourth quarter of 2022, the revenue will drop to 14.663 billion yuan, and the estimated after-tax net profit will be 1.32 billion yuan.
Jianding estimates that the annual net profit per share in 2022 will be about 11.15 yuan, which will also be Jianding’s 4 consecutive years since 2019 to earn back a share capital.
As for Xinxing and Zhending, they will earn 15.09 yuan and 10.04 yuan per share respectively in the first three quarters of 2022. The annual profit will reach a new high, and they will surely earn back more than one share capital. Profit per share king.