Movement Alert|CCTC Rises 3.44% in Regular Trading, MLCC Industry Price Hike Wave Continues Amid Strong H1 Earnings Growth

Market Focus09:31

On August 14, CCTC rose 3.44% in regular trading, trading at 133.5 HKD/share with turnover of 6.7139 million HKD, extending its recent strong momentum.

On the news front, the MLCC industry supply tightness continues to intensify. Samsung Electro-Mechanics has announced a 30% price increase across all MLCC products effective September, with Japan's Taiyo Yuden also following suit, as robust AI demand drives elevated passive component sector activity. The company previously disclosed its H1 earnings preview, projecting net profit attributable to shareholders of 1.794 billion to 2.041 billion yuan, representing 45% to 65% year-over-year growth, while non-recurring adjusted net profit is expected to grow 55% to 80% YoY. MLCC product sales volume and revenue both recorded significant year-over-year increases, benefiting from improved customer recognition and partial price recovery to reasonable levels. Additionally, the company continues to implement its A-share buyback program, with cumulative repurchases demonstrating management confidence in corporate value.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment