Movement Alert|CFMEE Rises 5.5% in Regular Trading, New Semiconductor Investment Adds to Strong H1 Earnings Momentum

Market Focus
Sep 04

On September 4, CFMEE rose 5.5% in regular trading, trading at 335.0 HKD/share, with turnover of 27.31 million HKD.

On the news front, the company announced a new external investment on the same day, acquiring a 1.08% stake in Archimedes Semiconductor (Hefei) Co., Ltd., further expanding its semiconductor business footprint. On the fundamental side, the company's previously disclosed interim report showed H1 revenue of 1.106 billion yuan, up 68.95% year-over-year, with net profit attributable to shareholders reaching 281 million yuan, up 98.13% year-over-year. The Q2 standalone net margin reached 29.29%, indicating a notable improvement in profitability. Q2 net profit of 173 million yuan also represented a 59% sequential increase from Q1.

Institutional coverage remains broadly positive, with 10 firms issuing ratings in the past 90 days — 9 of which are buy ratings — and an average target price of 519.23 yuan. The company also recently approved raising its idle cash management ceiling to 1 billion yuan and plans to establish a wholly-owned subsidiary in Shanghai, signaling continued operational expansion.

(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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10