Thursday, January 02, 2020 6:02:33 AM
2019-12-31 11:06 Central News Agency reporter Zhong Rongfeng Taipei 31st
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Hon Hai's industrial Fulian is expected to benefit from three major growth drivers next year. Among them, new demand for 5G outside China will drive heavy orders in the third quarter of next year. In addition to the new design of the new iPhone metal frame, the legal person estimates that profits will increase by 16% next year.
Looking forward to the operation performance of Industrial Fulian next year, a Chinese corporate report indicates that the top 5 customers of Industrial Fulian are customers outside China, and 80% of its revenue comes from overseas. The starting point of Industrial Fulian's performance depends on the overseas 5G investment cycle.
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The legal person expects that Chinese overseas operators will obtain a 5G license next year. Driven by new demand, Industrial Fulian is expected to enter a new growth cycle next year. It is estimated that 5G orders from Industrial Fulian will have the opportunity to increase volume in the third quarter of next year.
In addition, in terms of consumer electronics products, the legal person expects that next year's Apple iPhone will design a new metal frame, with both volume and price rising, and the related performance of Industrial Fulian is expected to continue to rise.
As a whole, next year, including the assembly of communication network equipment, assembly of cloud service equipment, and processing of high-precision mechanical parts of communication network equipment, will be the three major growth momentums of Industrial Fulian next year.
The legal person estimates that the growth rate of the industrial affiliate's performance in the first half of next year can exceed expectations. Next year's full-year net profit after tax is expected to exceed RMB 20.7 billion, an increase of 15% to 16% over this year. The profit target in 2021 will exceed RMB 26 billion. , An increase of 25% to 26% over 2020.
Industrial Fulian's net profit after tax for the first three quarters of this year was RMB 10.185 billion, an annual growth of 4.39%, and basic net profit per share was RMB 0.52. Net profit after tax for the third quarter was RMB 4.707 billion, an annual growth of 9.16%, and EPS for the third quarter was RMB 0.24.
From the perspective of customers, the core customers of Industrial Fulian include Amazon, Amazon, Apple, ARRIS, iQiyi, Cisco, Dell, Ericsson, HP, Huawei, Tencent, Lenovo , NetApp, Nokia, nVIDIA, Oracle, Xiaomi, etc.
Benefiting from the growth of new product shipments in the third quarter of next year, analysts previously reported that Industrial Wealth is expected to enter the relevant case supply chain in iPhone 11, iPhone SE2, iPad Pro new products, new MacBooks, and new 5G versions of iPhones. . Industrial Fulian has the opportunity to become one of the beneficiaries of the newly designed metal middle frame of the 5G version of the iPhone next year.
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