Minsheng securities maintains the Semiconductor Manufacturing International Corporation(688981) recommended rating, and the net profit is expected to increase by 141.51% year-on-year in 2021

Minsheng securities issued a research report on August 6 to maintain the Semiconductor Manufacturing International Corporation(688981) recommended rating. Minsheng securities predicts that Semiconductor Manufacturing International Corporation(688981) 2021’s net profit attributable to the parent company will be 10.463 billion yuan, a year-on-year increase of 141.51%.

Main financial indicators and valuation

2021E

2022E

2023E

Total operating revenue (RMB 100 million) 35712474 ninety-seven thousand six hundred and thirty-one point seven one

Net profit attributable to parent company (RMB 100 million) 10463115 twenty-one thousand one hundred and thirty-three point eight nine

Earnings per share (yuan) 1.31 fifty-one point seven

Net assets per share (yuan) 13.915 four hundred and seventeen point one

Price earnings ratio (PE) 50.746 one hundred and thirty-nine point six

Price to book ratio (PB) 4.84 forty-three point nine

Return on net assets (%) 9.59 fifty-nine point nine

Return on total assets (%) 55.46

Note: the data is obtained from the text of the research report.

Semiconductor Manufacturing International Corporation(688981) two research reports of securities companies have attracted attention in recent month. The detailed data of the research report are shown in the table below:

Research report date

Organization abbreviation

Target price

This rating

details

On August 6, 2021, Minsheng securities recommended that H1 performance greatly exceeded expectations and is expected to at least double in the whole year

On August 6, 2021 Sinolink Securities Co.Ltd(600109) 77, the increase of advanced manufacturing process was blocked, and the profit broke out quarterly

Disclaimer: This article is based on big data production and is for reference only. It does not constitute any investment suggestions. Therefore, the operator shall bear the operational risk.

 

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