Associate to also come division achieve board! The prosperity of PC and secret worry

Civil | Jin Wei

Associate to also want to come division achieve board.

On January 12 evening, associate group (0992.HK) release announcement to say, the plan is in division achieve board appear on the market.

According to announcement, associate the board of directors approved the group to issue China to put hold a proof in the palm (CDR) , achieve to division of Shanghai stock exchange board application CDR appears on the market the initial proposal that reachs deal.

According to this proposal, associate plan to issue new occupy the company after expanding to already issued common stock gross not to exceed 10% , what the earning money that plans to will issue fundamental share uses at the research and development of new technology, product and solution, relevant industry is strategical investment, reach the battalion transport fund of additional firm.

Associate group president holds CEO Yang Yuanqing concurrently to express: "An A that announces now appear on the market the close connection that plans to will conduce to the capital market that strengthens company strategy and home to develop flourishingly, promotion inland investor invests the convenience sex that associate, release the value that associate further thereby. Release the value that associate further thereby..

Suffer this message effect, associate group share price goes up greatly. End on January 12 closing quotation, associate group share price signs up for 8.05 HK dollar / , go up 8.93% , total market prise 96.9 billion HK dollar; Its parent company associates control a newspaper 11.54 HK dollar / , go up 0.35% , total market prise 27.2 billion HK dollar.

Hold water 37 years, enter associate middleagedly, choose to land at the moment division achieve board, appetent He Wei?

Associate, it is to give priority to the enterprise of course of study with intelligent equipment and PC hardware, was 1984 at first the brainpower of 10 China computer that guides by Liu Chuanzhi establishs, hold water to already had 37 years up to now.

Be in early 1994, associate to already landed harbor to reach place, at the outset release price 1.33 HK dollar. Reforming and opening at the beginning of, drive in population bonus below, world plant begins to aid push associate the perch that mounts global PC market. The share price that associate reached a peak 1999, approach 10 HK dollar. But as Internet foamy undone, associate of share price drop all the way.

2005, associate the group buys IBM PC (Personal Computer, personal computer) career ministry; 2013, associate surmount HP, computer sale rises house world the first, become the PC with the greatest whole world manufacturer. Associated 2015 share price just again regain is bit taller, highest reach 10.54 HK dollar. However this also is to be apart from today last high point.

In October 2014, associate the group announces this company has finished what move to Motolora to buy. Rise in those days, associate the group established 4 new, relatively independent business group, it is group of business of service of group of business of level of PC business group, mobile business group, company, cloud respectively.

Before 2015, associate successive the achievement of before a few quarters maintain global smartphone shipment to measure 4, but 2016, smartphone business backwater not before, gradually fall drops out, after this as China for, rise abruptly millet quickly, smartphone market leaves the vivosphere that associate smaller and smaller, the share price that associate is immersed in subsequently low fan.

2017, associate the net gain of the group is for a time negative. From money the newspaper shows, came 2017 2019, associate group business income is two hundred and eighty-five billion one hundred and sixty-five million yuan respectively, three hundred and forty-three billion six hundred and sixty-four million yuan, three hundred and fifty-nine billion three hundred and thirty million yuan; Net profit is respectively - 797 million yuan, 4.425 billion yuan, 5.7 billion yuan.

Current, although hold throne of first of share of global PC market for a long time,associate, but associate group market prise is 12.5 billion dollar only at present, city is filled with rate it is 15 times about. Under photograph comparing, market prise of HP of second of global PC portion is as high as 33.3 billion dollar. City is filled with rate however under associate.

From the point of integral business, associate main component is the group personal computer and intelligent equipment, mobile business and data center Wu of 3 great undertaking board piece. Among them, the most essential nature is personal computer business.

2020 first half of the year, its battalion receives one hundred and eighty-nine billion seven hundred and seventy-five million yuan below epidemic situation setting, grow 3.06% compared to the same period; The profit before duty achieves 5.465 billion yuan, grow 40.44% compared to the same period; Net profit achieves 4.061 billion yuan, grow 31.82% compared to the same period.

Specific to each business board piece, associate the personal computer in group of intelligent equipment business and turnover of share of intelligent equipment business grow 7.6% compared to the same period, achieve 79.3 billion yuan, achieve the history new tall; The profit before duty is 5 billion yuan, grow 18.2% compared to the same period.

Suffer epidemic situation effect, chinese PC market is in 2020 the cold winter that encountered unprecedented first quarter, associate to be faced with demand of promotion of backwater of factory and start working of garden area delay, production, relative management cost, user to defer for a time wait for a lot of challenge. But on the other hand, epidemic situation also catalysis the new commercial opportunity such as recreation of online education, long-range office, online extensive, begin from the 2nd quarter, PC market gradually get warm again after a cold spell, volume of global PC shipment enters rapid growth phase.

The 3rd quarter, associated to release product of much money PC thick and fast: The whole world ThinkPad X1 Fold of computer of notebook of screen of the first fold appears on the market formally; The notebook computer Yoga5G of function of 5G of the first buy inside the paragraph is in the whole world Sino-US wait for the whole world to leave more sell.

According to IDC, volume of global PC shipment rose 13.1% compared to the same period 2020, among them the fourth quarter goes up greatly compared to the same period 26.1% , achieve 91.6 million. And advanced in 3 big firms, couplet thinks up money amount to be added compared to the same period fast amount to 29% , rank the first. In addition, associate share of market of PC of whole world of the fourth quarter also rises to 25.2% , continue to maintain first position.

Associate to describe epidemic situation to be opposite so in money newspaper of PC market drive: The demand with new pneumonic coronal is downwind the powerful activator that still is growth, working requirement already was become frivolous the apparent motivation of this sale... the abidance that the online study that already became all areas increases power... .

Announce to land division achieve board during, on January 12, associate in international to consume an electron to exhibit CES2021 another batch of new products were released on the line, rolled out include brand-new ThinkPad X1 Titanium Yoga inside several taste newly.

Market analysis says, industry of the PC before this ever was experienced glide for years continuously, associated one year to still maintain basic growth in the past, but Hong Kong market is very small to the appraise value that associate, and use division achieve board agile advantage, both neither need is changed demesne from Hong Kong retreat city and demolish red it is structure, OK still to prepare obtain inside more overmeasure value, couplet thinks and its investor is benefit is more than fraud.

That is to say, associate to be landed now division achieve board can obtain higher appraise cost, to PC winter during can store up grain. In associating in announcement also confirm this: "Place collect gets capital to will be used at the research and development of technology, product and solution, relevant industry strategy invests, reach fund of transport of additional firm battalion. Reach fund of transport of additional firm battalion..

Below setting of current epidemic situation, the growth of PC makes a person glad undoubtedly, associate right now land division achieve board also appear manage place ought to. Although PC market is fervent, but include to associate manufacturer waiting for PC still is faced with include an enterprise to tighten up purchase a budget, supply the challenge such as catenary shortage. If with a little bit more long-term thought is spent in light of, the growth of PC is put in secret worry of a gleam of again, because, PC industry lacks revolutionary change again, after epidemic situation ends have new point of growth very hard also, the continuance before this glides for years posture may be greeted bigger drop. Couplet wants to want to maintain the growth that stabilizes for a long time, market prise obtains heavy appraise, still cannot leave innovation and change.