Report
EUR 56.04 For Business Accounts Only

Similar to Hynix, mgmt holds a positive view on 2H16

​Nanya Tech (NTC) hosted its 1Q16 results analyst meeting, and the company delivered EPS of NT$0.7 in 1Q16, which was not bad. Although the visibility for the overall tech industry is limited, both NTC and Hynix hold a rather positive on the market outlook, especially towards the 2H of this year. Meanwhile, NTC has strengthened its balance sheet, and the market expects its EPS to reach around NT$12 this year (vs. NT$7 in 2015), with a dividend yield of 7.5%.

Underlying
Nanya Technology Corporation

Nanya Technology and its subsidiaries are engaged in researching, developing, manufacturing and selling semiconductor products; and the import and export business with its machinery, equipment and raw materials. Co. manufactures memory products including dynamic random-access memory ("DRAM") chips, and provision of memory foundry services.

Provider
Yuanta
Yuanta

​Yuanta is a Taiwan-headquartered brokerage with a growing presence in Asia, especially across Greater China. Our team of 140+ provides cutting-edge analysis on key sectors, spread across offices in Taiwan, Hong Kong, Shanghai (A-Share), Seoul and Jakarta. With an ever-expanding coverage universe of 400+ companies, we provide in depth analysis with unique local color to investors. Consistently being voted the Best Investment Consulting Firm in Taiwan in the AsiaMoney broker poll is evidence of our strength. We target providing an extensive range of research, from small, to mid-sized, to large cap. We bring you the big, well-covered names, as well as going off the beaten track to research the less-familiar companies.

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