Nanofilm Technologies

[winston]

not vested

Nanofilm Technologies International (NANO SP)

Expect Higher Expenditures To Fund Future Growth

We expect Nanofilm to deliver earnings of S$47m for 2H21 (vs S$18m in 1H21) with the
easing of supply chain issues and seasonally stronger demand.

However, we remain cautious as:-
a) we expect Nanofilm to incur higher costs to enhance its future growth and
b) Nanofilm’s PE multiple is reasonably higher vs its peers’, which could cap its
upside in a rising interest rate environment.

We trim our 2022F EPS by 13%. Maintain HOLD with a 31% lower target price of S$2.67 (22x 2022F PE).

Source: UOBKH

https://research.uobkayhian.com/content ... 9edcba273f

[behappyalways]

Nanofilm Technologies reports 2HFY2021 earnings of $44.3 million, up 145% over 1HFY2021
https://www.theedgesingapore.com/capita ... r-1hfy2021

[winston]

not vested

Nanofilm Technologies International (NANO SP)
2021: Results In Line; Expect Higher Expenditures To Fund Growth

Nanofilm's 2021 earnings of S$62m (+8% yoy) was in line, meeting 96% of our
estimate. 2H21 saw a rebound with earnings growth of 145% hoh and 12% yoy.

Nanofilm is optimistic of its sustainable growth outlook in 2022 with its BU-driven
strategy in accelerating the adoption of its nanotechnology solutions.

However, we remain cautious as we expect Nanofilm to incur higher costs to enhance its future growth.

Maintain HOLD with a 2% higher target price of S$2.72 (23x 2022F PE).

Source: UOBKH

https://research.uobkayhian.com/content ... 16b0bec415

[winston]

not vested

Nanofilm records 27% growth in Q1 revenue amid growth in all business units

by YONG JUN YUAN

Source: Business Times

https://www.businesstimes.com.sg/compan ... ness-units

[winston]

not vested

Mainboard-listed Nanofilm Technologies posted a 27 per cent increase in revenue year on year in the first quarter of 2022.

In its business update released on Tuesday (Apr 19), the nanotechnology solutions provider noted that its advanced materials business unit contributed 81 per cent of revenue in the first quarter.

The consumer electronics, communication and computers (3C) segment contributed 77.8 per cent of revenue within the unit.

“Barring any potential logistics and production challenges arising from the Covid-19 situation in China, the 3C segment’s business pipeline visibility is strong, as the group enters into its typical peak season in the second half of the year,” the company said.

Its nanofabrication business unit contributed 6 per cent of its revenue in the first quarter of the year.

Mass production projects such as its micro-lens array project for wearables’ sensors and a Fresnel lens project led the unit.

Source: Phillips

[winston]

Nanofilm (NANO SP): <Alert> 1Q22 business update: Strong growth momentum [BUY, TP S$4.12]

Good start to year with all units registered growth in 1Q22

Strong business pipeline for 3C segment with the easing of supply chain disruptions

Minimal impact from recent lockdown in Shanghai; measures in place to mitigate inflationary cost pressures

Maintain BUY with TP of S$4.12; expect strong earnings ahead

Source: DBS

[behappyalways]

Nanofilm sees 27% increase in group revenue with growth in all business units in 1Q update
https://www.theedgesingapore.com/capita ... -1q-update

[winston]

not vested

Confident of growing in FY22F

In its 1Q22 business update, Nanofilm reported that revenue increased 27%
yoy supported by growth in all its business units.

While acknowledging the challenging operating environment, the group
guided that it remained confident of growth in FY22F.

We reiterate our Add call as Nanofilm enters the typically stronger second-half.

TP: Sin$3.50

Source: CIMB

https://rfs.cgs-cimb.com/api/download?f ... 0CEE6B5A5B

[winston]

not vested

Nanofilm Technologies International (NANO SP)

1Q22: Revenue In Line; Positive Outlook Despite Macro Challenges

Nanofilm's 1Q22 revenue growth of 27% yoy was largely in line with our estimate of
30% yoy growth for 2022.

AMBU, the largest segment, contributed 81% of revenue in 1Q22, with 3C products contributing 63%.

Nanofilm highlighted that the market has returned to operating in a normalised cycle with the easing of supply chain disruptions.

Despite several macro challenges, Nanofilm is positive and confident of 2022.

Maintain HOLD and target price of S$2.72 (23x 2022F PE).

Source: UOBKH

https://research.uobkayhian.com/content ... ab03913578

[winston]

not vested

Nanofilm reports rise in revenue and earnings in 'challenging' 1HFY22, raises dividend by 10%

by Lim Hui Jie

Nanofilm has reported revenue of $111.3 million for its 1HFY2022 ended June 30, a 15.3% jump y-o-y.

Earnings also grew 5.1% to $18.8 million, a 5.1% rise y-o-y.

Source: The Edge

https://www.theedgesingapore.com/news/r ... paign=FREE