National Champion July Merger Jun Yao -ky Revenue Continued To Hit A New High Month

Guoju (2327), a large passive component manufacturer, reported a record monthly high of NT $9.812 billion in combined revenue including Junyao-KY in July. Guo said that the order visibility was as high as several quarters, and the order delivery ratio was nearly 3 times.

Guoju announced today that its self-financing and revenue, including Junyao-KY, totaled NT $9.812 billion in July. Its monthly revenue increased by 282.4% over the same period last year and by 21.8% over June.

National giant pointed out that 84.91% -KY shares have been acquired, -KY earnings from July have been incorporated into the grand financial report from July, with a giant single month revenue of 9 billion 581 million yuan, an increase of 273.4% over the same period last year, and an increase of 19% over June.

In July, the cumulative revenue of -KY was 40 billion 81 million yuan, an increase of 138.5% over the same period last year, with a combined revenue of 39 billion 850 million yuan in July before the merger, an increase of 137.2% over the same period of last year.

National giant pointed out that July revenue has been a single month of fifth months in a single month to create a new high of a single month, customer demand continues to be smooth and short supply, order visibility up to several seasons, the current ratio of receipt and shipment (B/B Ratio) is nearly 3 times, the company has good basic performance, cautiously optimistic about the prospects.

Looking forward to the industrial market, Guo Ju pointed out that in the last year, due to the adjustment of production capacity by the major Japanese manufacturers, some of its products have entered obstacles to most of the manufacturers, and the restrictions on the environmental laws and regulations in mainland China are strict, the supply of upstream materials is still tight and the machine equipment is delivered for up to 1 to 2 years. Therefore, the overall capacity of resistance and capacitance is not easy, but it is not easy to expand. Demand is still strong, especially in emerging industries doubling the demand for resistance and capacitance, so supply and demand are still very tight.

Observing Guoju's second quarter earnings performance, the local investment report predicted a few days ago that Guoju's gross margin in the second quarter was 70%, and the net profit per share in the second quarter could exceed 24 yuan. In the second half of the year, the passive component market in Taiwan can enter the demand for orders again and push up prices again.

Looking forward to the capacity layout of the ceramic capacitor (MLCC), the local legal person reported that the end of the MLCC equipment is still 14 months to 18 months. Under the continuous expansion of the high order process, it is expected that the MLCC suppliers in other regions are still quite difficult to obtain equipment, and the expected production capacity is very low, and the MLCC production is good. There will still be room for further growth in the second half of this year to next year. (Editor: Lin Yifeng) central society