May 06, 2021 09:41 AM (GMT+8) · EqualOcean
CITIC Securities research report pointed out that Ziguang Guowei is a leading integrated circuit design enterprise in China, with strong strength in the field of special integrated circuits and intelligent security chips. Ziguang Tongchuang FPGA, a joint-stock company, has a good business prospect. At present, the company has a leading market share in the highly independent and controllable market, and is expected to expand to the civil consumption market in the future. With reference to the valuation level of comparable companies and considering the company's industry status in the subdivided fields, the company is given 70 times PE in 2021, with a reasonable target market value of 91 billion yuan. For the first coverage, the company was given a "buy" rating with a target price of 150 yuan.