|Bid||12.23 x N/A|
|Ask||12.24 x N/A|
|Day's Range||12.21 - 12.49|
|52 Week Range||8.04 - 18.14|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.19|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of STATS ChipPAC Pte. Ltd. Hong Kong, May 23, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of STATS ChipPAC Pte. Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Washington's blacklisting of technology giant Huawei has taken a toll on U.S. semiconductor shares, but China-listed firms have rallied as investors bet they can gain from Beijing's stepped-up efforts to build a homegrown supply chain. Share price gains of little-known firms such as Shenzhen Fastprint Circuit Tech and Jiangsu Changjiang Electronics Technology could be fleeting, analysts say, but Huawei's troubles could accelerate a long-term campaign in China to replace imported technologies. Since the White House added Huawei Technologies Co Ltd to a trade blacklist last week, several global companies have suspended business with the world's largest telecoms equipment maker.
April 15 (Reuters) - Jiangsu Changjiang Electronics Technology Co Ltd: * SAYS IT SEES 2018 NET LOSS AT 950 MILLION YUAN ($141.68 million) VERSUS NET PROFIT OF 343.4 MILLION YUAN YEAR EARLIER Source text ...
"The upgrade reflects the significant reduction in debt following the sizeable cash injection from its parent Jiangsu Changjiang Electronics Tech Co., Ltd (JCET) which funded the early redemption of its senior secured notes," says Annalisa Di Chiara, a Moody's Vice President - Senior Credit Officer. In January, JCET injected $479 million of cash into STATS ChipPAC which was used to redeem the $425 million senior secured notes due 2020 at 104.25%. "This injection is significant as it came in as equity -- not as a shareholder loan -- and accounts for around half of the $950 million funding STATS ChipPAC has received from JCET since 2016," adds Di Chiara.
Nov 28 (Reuters) - Jiangsu Changjiang Electronics Technology Co Ltd: * SAYS IT PLANS TO SELL STAKES IN THREE UNITS FOR A COMBINED 658.8 MILLION YUAN ($94.75 million) Source text in Chinese: https://bit.ly/2QvG8Hz ...
Sept 25 (Reuters) - Jiangsu Changjiang Electronics Technology Co Ltd: * SAYS IT PLANS TO INJECT $479 MILLION IN STATS CHIPPAC VIA CAPITAL BOOST TO HELP THE LATTER REPAY SENIOR NOTES * SAYS IT PLANS TO ...
Sept 24 (Reuters) - Jiangsu Changjiang Electronics Technology Co Ltd: * SAYS IT PLANS TO BOOST UNITS' CAPITAL BY $479 MILLION * SAYS IT PLANS TO BOOST UNIT'S CAPITAL BY 950 MILLION YUAN ($138.57 million) ...