Topic：Jianghai Capacitor

Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.

Jianghai’s third-quarter revenue was flat sequentially and its gross margin recovered; Nomura Orient lowers its target price and upgrades its rating

Gradual implementation of price increases and an improved product mix lifted the gross margin, but foreign exchange losses and administrative expenses left profit for the first three quarters slightly below Nomura Orient’s expectations. The bank cut its 2026 earnings forecast and upgraded its rating from Neutral to Buy.

Nomura Orient International Securities · 2026.10.30 02:29

Jianghai: Fourth-quarter ramp-up in AI capacitors meets expectations; scope for 2027 upgrades depends on capacity expansion

Citi expects fourth-quarter AI-related revenue of approximately 350 million yuan, double its third-quarter estimate, but profit to be broadly in line with its original forecast. Management has given higher sales volume and average selling price figures for 2027; capacity, customer qualification and price competition will determine whether the additional growth materializes.

Citi · 2026.10.30 02:44