Suzhou Tfc Optical Communication Co.,Ltd. (Tianfu Communication) reached a new all-time high in its stock price. As of 11:04, the stock surged 9.08% to 244.33 yuan, with a trading volume of 40.8644 million shares and a turnover value of 9.548 billion yuan. The turnover rate stood at 5.27%. The company's latest total A-share market capitalization reached 189.946 billion yuan, while its circulating A-share market cap was 189.564 billion yuan.
According to statistics from Data Bao of Securities Times, within the communication sector to which Tianfu Communication belongs, the overall increase was 1.70%. Within the sector, 49 stocks were rising, with Lante Communications, Changjiang Communication, and Tongding Interconnection among the top gainers, rising 10.48%, 10.01%, and 9.94% respectively. Conversely, 78 stocks declined, led by Guangha Communication, Yongding Co., Ltd., and Mengwang Technology, which fell 5.84%, 5.73%, and 5.44% respectively.
Margin trading data showed that the stock's latest margin balance (as of January 29) was 8.027 billion yuan, of which the financing balance was 8.002 billion yuan. This figure increased by 2.875 billion yuan over the past 10 days, a sequential growth of 56.08%.
In terms of institutional ratings, six institutions rated the stock over the past 10 days. Guotai Haitong Securities provided the highest target price, issuing a research report on January 27 that set a target price of 248.20 yuan for the company.
According to the company's third-quarter report, total operating revenue for the first three quarters reached 3.918 billion yuan, a year-on-year increase of 63.63%. Net profit attributable to shareholders was 1.465 billion yuan, up 50.07% year-on-year. Basic earnings per share were 1.8863 yuan, and the weighted average return on equity was 31.30%.
On January 21, the company released its 2025 performance forecast, projecting a net profit between 1.881 billion yuan and 2.150 billion yuan, representing a year-on-year change of 40.00% to 60.00%.
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