The two companies are subsidiaries of FiconTEC
Posted: Sun Feb 16, 2025 4:46 am
The book value of Feikongtech's net assets is 990 million yuan, and the premium rate is 15%, which seems acceptable. However, the book value of the owners' equity of the other two companies was only 1.598 million euros, and the premium rate was nearly 99 times!
A German optical module leader. As leading equipment manufacturers in the field of global photonic and semiconductor automated packaging and testing, they provide high-speed silicon photonic module packaging and testing equipment, and can provide microscopy, testing and mounting equipment for silicon-based optical chips.
In 2022, 2023 and January-July 2024, FiconTEC's net profit was -626,100 yuan, 29.004 million yuan, and -24.8116 million yuan, respectively.
It was stated in the merger and acquisition draft that after the hong kong telegram data completion of this transaction, the new goodwill in the company's consolidated balance sheet will reach 1.092 billion yuan. In other words, if the target company's performance in the future does not meet expectations, goodwill impairment will be required, which will directly reduce the current profit of the listed company, which will undoubtedly make the situation worse.
The current fundamentals of the target company can hardly support a valuation of 1 billion yuan, and at first glance it seems impossible to use the price-to-earnings ratio to estimate it.
A German optical module leader. As leading equipment manufacturers in the field of global photonic and semiconductor automated packaging and testing, they provide high-speed silicon photonic module packaging and testing equipment, and can provide microscopy, testing and mounting equipment for silicon-based optical chips.
In 2022, 2023 and January-July 2024, FiconTEC's net profit was -626,100 yuan, 29.004 million yuan, and -24.8116 million yuan, respectively.
It was stated in the merger and acquisition draft that after the hong kong telegram data completion of this transaction, the new goodwill in the company's consolidated balance sheet will reach 1.092 billion yuan. In other words, if the target company's performance in the future does not meet expectations, goodwill impairment will be required, which will directly reduce the current profit of the listed company, which will undoubtedly make the situation worse.
The current fundamentals of the target company can hardly support a valuation of 1 billion yuan, and at first glance it seems impossible to use the price-to-earnings ratio to estimate it.