panel double tiger AUO and Qunchuang completed cash reduction and were relisted today (10th). AUO was listed for 15.85 yuan and Qunchuang was listed for 10.5 yuan. opened higher and higher after opening , AUO rose 4.42%, temporarily 16.6 yuan; Qunchuang rose 7.62%, approaching the daily limit for a while, temporarily 11.3 yuan.
AUO and Qunchuang have both handled cash capital reduction this year, with the reduction ratios of 20% and 9.5% respectively. After the reduction, the capital amount dropped to 76.993 billion yuan and 95.565 billion yuan, and the net value per share rose from 23.3 yuan and 27.33 yuan to 29.17 yuan respectively.
group hit a revenue of 17 billion yuan in September, a monthly increase of 11.1%, a record high in three months; total revenue in the third quarter was 48 billion yuan, a decrease of 48.4% and a quarterly decrease of 17.1%. AUO is expected to announce its September revenue today and a briefing will be held on October 26.
Judging from the panel quotation, the TV panel is expected to show signs of stopping the decline after five consecutive quarters of decline. Fan Boyu, deputy director of research at TrendForce, pointed out that panel factories strictly control power and demand have slightly strengthened, making the prices of TV panels that are close to the bottom line of material costs expected to stop falling in October. He expects that the price of panels below 75-inches is expected to stop falling across the board, and the 32-inch demand will be the most obvious, and it is expected to increase by $1.
Fan Boyu believes that if we want to continue the price support and even the strength of rising, in addition to the panel manufacturers continuing to strictly and cautiously control the power of the TV production line, we also need to observe whether the next Chinese festival sales results are better than expected, so that the stocking momentum can be continued, and thus completely escape the sluggish market conditions of the TV panels. The price of
IT panel also gradually converges in the decline with the production reduction effect. Fan Boyu believes that as the production capacity of IT panels that can be supplied is still expanding in the future, demand is still weak, and it is not easy to see the prices of mainstream panels completely stop falling. In addition, the new production capacity of Chinese panel factories is gradually released next year, which may intensify the price competition in the IT panel market, and the potential downward pressure is still there.
(First picture source: Science and Technology News)
