Jiangsu Sidike New Materials Sci Te

Sidike released its semi-annual report for 2026, achieving operating revenue of 1.593 billion yuan, up 14.11% year on year; net profit attributable to shareholders of the listed company was 46.0118 million yuan, up 82.38% year on year. The company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserve into share capital. According to calculations, the company's net profit for the second quarter was 31 million yuan, up 102% quarter on quarter.

On the afternoon of August 21, the MLCC concept rebounded in volatile trading, with Sinocera Materials rising more than 10%, and Sidike, Torch Electron, Boqian New Materials, Three-Circle Group, Fenghua Advanced Technology and other stocks among the top gainers. Behind the market action is the sustained price increase in the MLCC spot market that began in June 2026. As of August 2026, spot prices for ordinary standard products have risen more than 20%, while high-capacitance products such as 10 microfarad and 20 microfarad types used in AI servers have seen average increases of 60% to 80%, and some special models have doubled in price. Overseas leaders' earnings further confirm incremental AI computing demand. Murata's revenue in the second quarter of 2026 was 502.3 billion yen, up 20.7% year on year, and operating profit was 98.85 billion yen, up 59.8% year on year, with both revenue and profit setting record highs for a second quarter. Its MLCC business revenue was 282.508 billion yen, up 30% year on year, with orders in hand up 49.4% quarter on quarter and new orders up 85.5% year on year. Murata raised its full-year revenue guidance for fiscal 2026 to 2.11 trillion yen, an upward revision of 7.7% from its previous forecast, and added 80 billion yen specifically for expanding server MLCC production capacity. Samsung Electro-Mechanics reported second-quarter revenue of about 3.46 trillion won, up 24.2% year on year and a record quarterly high, with operating profit of 440.4 billion won, up 106.7% year on year. Institutions broadly expect this cycle to persist. Sealand Securities believes the shortage is spreading to consumer products, and the supply-demand gap for high-capacitance MLCCs may widen further in 2027. GF Securities notes that the current MLCC industry cycle is still in the early stage of an upcycle, and there may still be considerable room for price and profit elasticity to play out.

The dividend implementation season for listed companies has entered a dense phase, with six companies marking their equity registration date today. Among them, Fosun Pharma offers the most generous cash payout at 0.39 yuan per 10 shares, followed by Xinfengguang and Top Energy Company, with 0.22 yuan and 0.18 yuan per 10 shares respectively. In terms of share conversion ratios, Sidike and Xinfengguang both lead with a conversion of 4.00 shares for every 10 shares held. Statistics show that among the 3,652 companies that have announced distribution plans for 2025, 3,641 include cash dividends, with a total cash payout of 1.59 trillion yuan, and 401 include share conversions.