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Matson: Boring, Profitable, Ignored
Seeking Alpha· 2025-07-11 13:01
Matson ( MATX ) isn’t your typical shipping stock. It doesn’t chase scale like ZIM ( ZIM ) or spend heavily like Maersk ( OTCPK:AMKBY ). Instead, it focuses on high-value, niche routes — particularly Hawaii and China –Long Beach — and operates withI’m an independent equity trader and licensed financial advisor focused on uncovering high-upside opportunities in overlooked sectors — especially small-caps, energy, commodities, and special situations. My investment strategy is rooted in the CAN SLIM framework b ...
X @Bloomberg
Bloomberg· 2025-07-10 00:10
Thailand is known for its scenic beaches, Buddhist temples, and vibrant nightlife.However, it also serves as a cautionary tale of a society where democratic institutions crumble, leaving oligarchs to fight it out.Read The Big Take: https://t.co/yMLFgjxbEi📷: Seksan Rochanametakul/SOPA Images/LightRocket via Getty Images ...
X @Bloomberg
Bloomberg· 2025-07-09 21:04
Thailand is known for its scenic beaches, Buddhist temples, and vibrant nightlife. However, it also serves as a cautionary tale of a society where democratic institutions crumble, leaving oligarchs to fight it out https://t.co/r8dknSviTv ...
又有国产CPU厂商,冲刺科创板!
Zhong Guo Ji Jin Bao· 2025-06-18 10:45
Core Viewpoint - The domestic CPU manufacturer Zhaoxin Integrated Circuit Co., Ltd. is planning to go public on the Sci-Tech Innovation Board, following other companies like Haiguang Information and Loongson Technology [1][3]. Company Overview - Zhaoxin Integrated is one of the six major domestic CPU manufacturers, with a cumulative loss of 2.354 billion yuan over the past three years. The company aims to raise 4.169 billion yuan through its IPO [3]. - The projected operating revenues for Zhaoxin Integrated from 2022 to 2024 are 340 million yuan, 555 million yuan, and 889 million yuan, respectively. The net profits attributable to shareholders for the same period are projected to be -727 million yuan, -676 million yuan, and -951 million yuan, indicating ongoing losses [3]. - The company is primarily focused on R&D investments to maintain technological advancement, which has led to significant financial losses. It is currently in a rapid development phase and faces risks related to sales expansion and market demand [3]. Shareholding Structure - Shanghai Lianhe Investment Co., Ltd., wholly owned by the Shanghai State-owned Assets Supervision and Administration Commission, holds 50.07% of Zhaoxin Integrated, making it the controlling shareholder. Via a partnership agreement, VIA Technologies holds 7.89% of the shares [3][4]. Competitive Landscape - Zhaoxin Integrated operates within a competitive environment dominated by global giants Intel and AMD, which maintain a duopoly in the x86 architecture processor market. Domestically, it faces competition from other CPU manufacturers like Huawei HiSilicon, Haiguang Information, and Loongson Technology [5][6]. - The company’s gross margin is projected to be 15.4% in 2024, significantly lower than the industry average of 50.49% and below Loongson Technology's 31.03% [5][6]. Financial Performance Comparison - In 2024, Haiguang Information is expected to generate revenues of 9.162 billion yuan with a net profit of 1.931 billion yuan, while Loongson Technology is projected to have revenues of 504 million yuan and a net loss of 625 million yuan. Zhaoxin Integrated's revenues are expected to be 889 million yuan with a net loss of 951 million yuan, indicating weaker performance compared to its competitors [6].
又有国产CPU厂商,冲刺科创板!
中国基金报· 2025-06-18 10:34
招股说明书显示,2022年至2024年,兆芯集成的营业收入分别为3.4亿元、5.55亿元和8.89 亿元,归属于母公司股东的净利润分别为-7.27亿元、-6.76亿元和-9.51亿元,扣非归母净 利润分别为-9.45亿元、-9.35亿元和-10.65亿元。 兆芯集成尚未盈利且最近一期末存在累计未弥补亏损,主要原因是CPU芯片研发对技术先进 性和复杂度有较高要求,为保持核心技术的先进性,公司持续进行大额研发投入,不断更新 迭代产品。公司目前仍处于快速发展阶段,若公司未能按计划实现销售规模扩张,或产品总 体市场需求大幅度下滑,则公司的营业收入可能无法达到预计规模,公司未来一定期间可能 无法盈利。同时,公司参股公司格兰菲从事GPU业务,仍需要大量研发投入。 目前,上海国资委100%持股的上海联和投资有限公司(以下简称联和投资)直接持有兆芯集 成50.07%股份,为其控股股东。 【导读】国产CPU厂商兆芯集成拟在科创板上市 中国基金报记者 卢鸰 继海光信息、龙芯中科之后,又有国产CPU厂商在科创板上市。 上交所官网显示,上海兆芯集成电路股份有限公司(以下简称兆芯集成)科创板IPO申请于6 月17日获受理。 招股书显示 ...