太辰光股价创出历史新高，截至10:13，该股上涨6.14%，股价报63.80元，成交量3958.20万股，成交金 额23.78亿元，换手率20.58%，该股最新A股总市值达144.91亿元，该股A股流通市值122.68亿元。 证券时报•数据宝统计显示，太辰光所属的通信行业，目前整体跌幅为0.14%，行业内，目前股价上涨的 有46只，涨停的有永鼎股份、中信国安等6只。股价下跌的有84只，跌幅居前的有纵横通信、长盈通、 铭普光磁等，跌幅分别为7.42%、5.92%、5.51%。 两融数据显示，该股最新（10月23日）两融余额为4.95亿元，其中，融资余额为4.94亿元，近10日增加 2.55亿元，环比增长106.62%。 机构评级来看，近10日共有1家机构对该股进行评级，10月14日国泰君安证券发布的研报给予公司目标 价为52.80元。 公司发布的半年报数据显示，上半年公司共实现营业收入5.10亿元，同比增长30.60%，实现净利润 7951.49万元，同比增长10.96%，基本每股收益为0.3515元，加权平均净资产收益率5.66%。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 智能 ...

财联社财经通讯社打开APP09:52:17【CPO概念探底回升 太辰光20CM涨停】财联社10月23日电，早盘 CPO概念探底回升，光芯片方向领涨，太辰光20CM涨停，源杰科技、长光华芯涨超10%，聚飞光电、 光库科技、仕佳光子等快速跟涨。 消息面上，10月21日，广东省人民政府印发《广东省加快推动光芯片产业创新发展行动方案(2024— 2030年)》的通知，提出力争到2030年，把光芯片培育形成广东新的千亿级产业集群。 A股盘面直播CPO财联社声明：文章内容仅供参考，不构成投资建议。 投资者据此操作，风险自担。 2024-10-23 09:52:17113393 阅读商务合作发送 ...

证券代码：300570 证券简称：太辰光 公告编号：2024- 03 8 深圳太辰光通信股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、公司股票交易异常波动的情况 6、不存在违反公平信息披露规定的情形。 三、是否存在应披露而未披露信息的说明 公司董事会确认，截至本公告日，公司目前没有根据《深圳证券交易所创业 板股票上市规则》等有关规定应予以披露而未披露的事项或与该事项有关的筹划、 商谈、意向、协议等；董事会也未获悉公司有根据《深圳证券交易所创业板股票 深圳太辰光通信股份有限公司（以下简称"公司"）股票于 2024 年 10 月 18 日、2024 年 10 月 21 日和 2024 年 10 月 22 日连续三个交易日收盘价格涨幅偏离 值累计超过 30%，根据深圳证券交易所相关规定，属于股票交易异常波动的情况。 二、公司关注并核实情况的说明 针对公司股票异常波动情况，公司董事会就相关事项进行了核实，现将有关 情况说明如下： 1、公司前期披露的信息不存在需要更正、补充之处。 2、公司未发现近期公共传媒报道了可能或已经 ...

Investment Rating - The report initiates coverage with a target price of 52.8 CNY, assigning a "Buy" rating [2][3]. Core Views - The report highlights that the company is a leading domestic optical connector device enterprise, with expectations for its optical interconnect business to exceed forecasts due to rapid AI development [2][3][14]. - The company has a strong order backlog, with a projected revenue growth of 30% year-on-year in the first half of 2024, and the second quarter nearing historical revenue highs [12][14]. - The company is expected to gradually introduce its self-developed MT chip solutions in the second half of 2024, which will alleviate capacity constraints and enhance overall profitability [3][12]. Financial Summary - The company’s revenue is projected to grow from 885 million CNY in 2023 to 1.267 billion CNY in 2024, reflecting a growth rate of 43.2% [4][13]. - Net profit attributable to the parent company is forecasted to increase from 155 million CNY in 2023 to 187 million CNY in 2024, representing a growth rate of 20.3% [4][13]. - The earnings per share (EPS) is expected to rise from 0.68 CNY in 2023 to 0.82 CNY in 2024 [4][13]. Company Overview - The company has over 20 years of experience in the optical connector industry, starting with ceramic inserts and expanding through acquisitions to cover the entire production process [14][20]. - It is a dominant player in the domestic ceramic insert industry and a leading supplier of MPO/MTP optical connectors, with significant exports to international data centers [20][21]. Market Dynamics - The report notes that the company’s revenue is highly concentrated in overseas markets, with over 70% of sales coming from international clients, particularly in North America [25][26]. - The demand for MPO/MTP connectors is expected to surge due to the ongoing upgrades in data centers to support AI and high-density connections [3][12][25]. Valuation Analysis - The report assigns a price-to-earnings (PE) ratio of 43x for 2025, leading to a target price of 52.8 CNY based on industry average valuations [15][17]. - A price-to-book (PB) ratio of 6.83x is also considered, suggesting a reasonable valuation range of 45.9 to 52.8 CNY [17][18].

Investment Rating - The report maintains a "Buy" rating for the company [4] Core Views - The company reported a revenue of 510 million yuan for the first half of 2024, representing a year-on-year growth of 30.6%. The net profit attributable to shareholders was 79.51 million yuan, up 11% year-on-year [1] - The growth in revenue and gross margin for optical devices is driven by AI, with optical device revenue reaching 495 million yuan, a 30.3% increase year-on-year, and a gross margin of 31.9%, up 3 percentage points [1] - The company is expanding its production capacity to meet the growing demand for high-density optical interconnects, particularly in overseas markets [1] - Continuous investment in R&D is emphasized, with a focus on passive, active, and optical sensing products, while maintaining cost control [1] Financial Summary - The company’s projected financial performance for 2024-2026 includes net profits of 250 million yuan, 330 million yuan, and 400 million yuan respectively, with corresponding P/E ratios of 24, 18, and 15 times [2] - The financial indicators show a revenue forecast of 1.17 billion yuan for 2024, with a year-on-year growth rate of 32.7% [3] - The company’s net profit for 2023 is expected to be 155 million yuan, reflecting a decline of 13.9% year-on-year, but a significant recovery is anticipated in the following years [3]

动业绩改善—太辰光（300570.SZ）公司动态点评》 2024-04-08 2、《Q2 盈利能力环比改善，AI 超算驱动光通信需求 增长—太辰光（300570）公司动态点评》2023-09-14 证券研究报告 | 公司动态点评 2024 年 08 月 26 日 太辰光（300570.SZ） 24 年 H1 业绩同比稳增长，期待 400G 光模块放量驱动业绩增长 | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------|-------|-------|-------|-------|-------|------------------------------------------|----------| | 财务指标 | 2022A | 2023A | 2024E | 2025E | 2026E | 增持（维持评级） | | | 营业收入（百万元） | 934 | 885 | 1,242 | 1,698 | 2,260 | 股票信息 | | | 增长率 yoy （ % ） | ...

Investment Rating - The investment rating for the company is "Outperform the Market" and is maintained [2] Core Views - The company reported a revenue of 510 million yuan for the first half of 2024, representing a year-on-year increase of 30.60%. The net profit attributable to shareholders was 79.51 million yuan, up 10.96% year-on-year [6] - The growth in revenue is primarily driven by an increase in customer orders, while the slower profit growth is attributed to reduced foreign exchange gains and increased R&D investments [6][7] - The company benefits from AI investments, which have driven demand for efficient data transmission and the widespread application of dense connection technology [7] - The company is expected to maintain stable revenue growth, with projected revenues of 1.245 billion, 1.626 billion, and 1.950 billion yuan for 2024, 2025, and 2026, respectively [7][8] Financial Performance - In Q2 2024, the company achieved a revenue of 287 million yuan, a year-on-year increase of 42.99% and a quarter-on-quarter increase of 28.34%. The net profit for Q2 was 47.77 million yuan, up 11.06% year-on-year and 50.45% quarter-on-quarter [6] - The gross profit margin for the first half of 2024 was 31.83%, an increase of 2.22 percentage points year-on-year, while the net profit margin was 15.60%, a decrease of 2.76 percentage points year-on-year [6] - R&D expenses for the first half of 2024 were 36.86 million yuan, a year-on-year increase of 31.65%, with an R&D expense ratio of 7.23% [6] Market Position and Product Development - The company's optical device products generated 495 million yuan in revenue, accounting for 97.15% of total revenue, with a year-on-year increase of 30.47% [7] - The company is enhancing its product offerings in both passive and active products, including upgrades to optical waveguide products and advancements in optical modules and AOC [7] - The company is positioned as one of the largest manufacturers of dense connection products globally, benefiting from the demand for AI computing power and 5G infrastructure [7]

Investment Rating - The investment rating for the company is "Buy (Maintain)" with a current price of 29.86 CNY [4]. Core Insights - The company reported a net profit attributable to shareholders of 79.51 million CNY for the first half of 2024, representing a year-on-year increase of 10.96%. In Q2 2024, the net profit was 47.77 million CNY, up 11.06% year-on-year and 50.45% quarter-on-quarter [2][6]. - The gross margin for H1 2024 reached 31.83%, an increase of 2.22 percentage points year-on-year. In Q2 2024, the gross margin was 32.55%, up 5.26 percentage points year-on-year and 1.65 percentage points quarter-on-quarter [2][6]. - The company is focusing on in-depth research and development in passive products, active products, and optical sensing products, gradually enriching and upgrading its product line [2][6]. - The construction of the production base in Vietnam is actively progressing, with the wholly-owned subsidiary, Sait Communication Co., Ltd., completing the business registration process [2][6]. Financial Performance Summary - For H1 2024, the company achieved an operating income of 510 million CNY, a year-on-year increase of 30.60%. In Q2 2024, the operating income was 287 million CNY, up 42.99% year-on-year and 28.34% quarter-on-quarter [6]. - The R&D expenses for H1 2024 amounted to 36.86 million CNY, a year-on-year increase of 31.65%. In Q2 2024, R&D expenses were 20.27 million CNY, up 31.44% year-on-year and 22.13% quarter-on-quarter [6]. - The company expects operating revenues for 2024-2026 to be 1.304 billion CNY, 1.694 billion CNY, and 2.200 billion CNY, with year-on-year growth rates of 47.34%, 29.92%, and 29.89%, respectively [6][7]. Valuation Metrics - The company’s earnings per share (EPS) for 2024 is projected to be 1.04 CNY, with a price-to-earnings (P/E) ratio of 28.5 [7]. - The projected net profit for 2024 is 237 million CNY, with a year-on-year growth rate of 52.88% [7].

Investment Rating - The report maintains a "Recommended" rating for the company [1]. Core Views - The company achieved significant year-on-year and quarter-on-quarter growth in Q2 2024, driven by AI demand for dense connectivity products, with revenue reaching 5.10 billion yuan in the first half of 2024, a 30.6% increase year-on-year [1]. - The company is positioned as one of the largest manufacturers of dense connectivity products globally, with a strong competitive advantage in fiber optic connector products, and is expected to benefit from the growing demand for data communication products driven by AI [1][2]. - The company has been focusing on R&D investments, with R&D expense ratios of 5.6%, 7.2%, 6.3%, and 7.2% for the years 2021 to the first half of 2024, which supports its ability to capture future AI development opportunities [1]. Financial Summary - In Q2 2024, the company reported revenue of 2.87 billion yuan, a 43.0% increase year-on-year and a 28.3% increase quarter-on-quarter, with a net profit of 480 million yuan, reflecting an 11.1% year-on-year increase and a 50.4% quarter-on-quarter increase [1]. - The company's revenue from exports in the first half of 2024 was 3.98 billion yuan, a 34.0% increase year-on-year, accounting for 78.0% of total revenue, with North America contributing 3.60 billion yuan [1]. - The projected net profits for the company from 2024 to 2026 are 300 million yuan, 448 million yuan, and 543 million yuan, respectively, with corresponding PE multiples of 23, 15, and 12 [2][4].

深圳太辰光通信股份有限公司 2024 年半年度报告全文 深圳太辰光通信股份有限公司 2024 年半年度报告 【2024 年 8 月 22 日】 1 深圳太辰光通信股份有限公司 2024 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人张致民、主管会计工作负责人张艺明及会计机构负责人(会计 主管人员)黄伟新声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 公司在本报告"第三节 管理层讨论与分析"之第十部分"公司面临的风 险和应对措施"部分，详细描述了公司经营中可能存在的风险，敬请投资者 关注相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 深圳太辰光通信股份有限公司 2024 年半年度报告全文 目录 | --- | --- | |-------------------------------|-------| | | | | 第一节 重要提示、目录和释义 _ | | | 第二 ...