For stock trading insights, rely on authoritative, professional, timely, and comprehensive analyst research to help uncover potential thematic opportunities! After market close on October 29, GigaDevice Semiconductor Inc. (SH603986) released its third-quarter report. The report showed that the company achieved operating revenue of 8.732 billion yuan in the third quarter, a year-on-year increase of 225.65%; net profit attributable to shareholders of the listed company was 4.209 billion yuan, up 728.93% year-on-year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 4.551 billion yuan, up 814.39% year-on-year. For the first three quarters combined, the company achieved operating revenue of 20.297 billion yuan, a year-on-year increase of 197.11%; net profit attributable to shareholders was 11.066 billion yuan, up 921.55% year-on-year; non-GAAP net profit was 9.434 billion yuan, up 805.26% year-on-year; basic earnings per share were 15.83 yuan.
Regarding the shareholder structure, the total number of common shareholders at the end of the reporting period was 428,827. In the third quarter, well-known individual investor Ge Weidong's shareholding in GigaDevice Semiconductor Inc. (SH603986) remained unchanged at 16.447 million shares, while Ge Weidong's wife Wang Ping reduced her holdings by 6,000 shares to 8.6 million shares. The couple remained the company's fourth and sixth largest shareholders, respectively, with their combined stake in the company's total share capital decreasing by 0.01% to 3.56%.
Ge Weidong and GigaDevice Semiconductor Inc. (SH603986) first crossed paths in 2018. In the 2018 semi-annual report, Ge Weidong appeared in the company's top ten circulating shareholders list for the first time with 2.524 million shares, and has remained on the list ever since, holding shares for more than eight years. Ge Weidong's wife Wang Ping has appeared in the top ten circulating shareholders list since the 2024 annual report. Based on the closing price at the end of each period, Ge Weidong's holdings were worth approximately 13.404 billion yuan at the end of the second quarter, falling to approximately 5.821 billion yuan at the end of the third quarter, a single-quarter decrease of about 7.58 billion yuan; Wang Ping's holdings dropped from approximately 7.014 billion yuan to approximately 3.044 billion yuan, a decrease of about 3.97 billion yuan. Their combined holdings fell from approximately 20.42 billion yuan to approximately 8.86 billion yuan, a drawdown of about 11.55 billion yuan. Based on the closing price of 257.8 yuan on October 30, the couple's combined holdings were worth approximately 6.46 billion yuan. If not a single share was sold, their holdings' market value would have fallen by another approximately 2.4 billion yuan in October alone.
Additionally, in the third quarter, the shareholding of GigaDevice Semiconductor Inc. (SH603986) founder Zhu Yiming remained unchanged. According to the announcement, Zhu Yiming reduced his holdings through centralized bidding transactions by 6.9006 million shares and through block trades by 4.21 million shares between May 6 and June 12, totaling 11.1106 million shares, accounting for 1.58% of the company's total share capital. The reduction price range was 339.44 yuan to 538.90 yuan, with a total reduction amount of 4.4 billion yuan, implying an average reduction price of approximately 396.02 yuan. The announcement showed that Zhu Yiming did not carry out any further reductions after June 12, and his shareholding ratio dropped from 6.53% to 4.94%. After completing the reduction, Zhu Yiming issued a commitment letter on July 29, voluntarily undertaking not to reduce his holdings in the company for 12 months from that date.
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