bullish

Parade Tech (4966-TT): Quality Tech, at a Discount

Wium has highlighted this Insight as a Top Pick
216 Views22 Aug 2024 01:00
SUMMARY
  • Following a protracted downturn, Parade Technologies (4966 TT) delivered +24%y/y revenue growth driven by both its Display Port (+23%y/y) and its High-Speed Interface Solutions (+30%y/y) segments.
  • Parade’s gross margin has stabilised at around 43% as strong demand in the High-Speed Interface Solutions segment offset intensified price competition in the Display Panel segment.
  • Parade finished 2Q24 with NT$10.1bn in net cash on its balance sheet, roughly 16% of its Market Cap.
Discussions
(Paid Plans Only)
chart-bar
x