According to the Open Source Securities Research Report, the performance of Ziguang Co., Ltd. exceeded expectations, and the AI switch and server were two-wheel drive. The company released a performance forecast for the first half of 2026. As the ICT market grows rapidly driven by AI computing power demand, the company continues to deeply cultivate the industry market and focus on product development and technological innovation, and is expected to continue to benefit from the market opportunities brought by domestic computing power and supernodes. In the first half of 2026, the company's revenue achieved rapid growth and the gross profit level continued to rise. The increase in the shareholding ratio of the subsidiary Xinhua 3 further increased the company's net profit to the mother and raised the 2026-2028 profit forecast. The net profit to the mother is expected to increase from 33.19, 47.16, and 5.634 billion yuan respectively to 43.21, 57.44, and 7.018 billion yuan. The current closing price corresponds to PE 25.4, 19.1, and 15.7 times, maintaining the “buy” rating.
智通財經·07/14/2026 07:09:09
語音播報
According to the Open Source Securities Research Report, the performance of Ziguang Co., Ltd. exceeded expectations, and the AI switch and server were two-wheel drive. The company released a performance forecast for the first half of 2026. As the ICT market grows rapidly driven by AI computing power demand, the company continues to deeply cultivate the industry market and focus on product development and technological innovation, and is expected to continue to benefit from the market opportunities brought by domestic computing power and supernodes. In the first half of 2026, the company's revenue achieved rapid growth and the gross profit level continued to rise. The increase in the shareholding ratio of the subsidiary Xinhua 3 further increased the company's net profit to the mother and raised the 2026-2028 profit forecast. The net profit to the mother is expected to increase from 33.19, 47.16, and 5.634 billion yuan respectively to 43.21, 57.44, and 7.018 billion yuan. The current closing price corresponds to PE 25.4, 19.1, and 15.7 times, maintaining the “buy” rating.