Sandisk Corporation
Foreign stocks · NASDAQ · Technology · Memory chips
Makes NAND flash memory and SSDs for data centres, computers, phones and consumers. Spun off from Western Digital in early 2025
For every 100 dollars of sales: cost of sales 29 · operating expenses 10 · tax and other items 5 · leaving 56 as net profit
Investors in Thailand can buy SNDK through 14 mutual funds open to retail investors. Most of them (15 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds SNDK.
| Fund | SNDK weight | How it invests | 1-year return |
|---|---|---|---|
 TLDRAMTALIS MEMORY FUND | 10.75% | Via DRAM | N/A |
 LHDRAMLH MEMORY FUND | 10.68% | Via DRAM | N/A |
 DAOL-MEMORYDAOL MEMORY FUND | 8.72% | Via DRAM | N/A |
 ASP-AIEQRMFAsset Plus Artificial Intelligence Equity Growth RMF Fund | 6.35% | Buys the stock directly | +1.62% |
| ASP-AIEQAsset Plus Artificial Intelligence Equity Growth Fund | 6.31% | Buys the stock directly | +0.57% |
| LHAI-INFRALH AI INFRASTRUCTURE FUND | 5.36% | Via TCAI | N/A |
| DAOL-AIINFRADAOL AI INFRASTRUCTURE FUND | 4.40% | Via TCAI | N/A |
 KF-AINEXTKrungsri AI and Next Gen Software Fund | 3.75% | Via IGPT | N/A |
| KF-AINEXT-FXKrungsri AI and Next Gen Software FX Fund | 3.70% | Via IGPT | N/A |
 ES-GTECHEastspring Global Technology Fund | 3.14% | Via POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND | +20.89% |
Yearly average over the last 3 years · Latest annual sales 20.2B USD
For every 100 dollars of sales, about 56 dollars is left as net profit
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
Now 55.8% below its 1-year high
| Item (USD) | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| Total revenue | 6.1B USD | 6.7B USD | 7.4B USD | 20.2B USD |
| Gross profit | 430.0M USD | 1.1B USD | 2.2B USD | 14.5B USD |
| Operating profit | −2.0B USD | −468.0M USD | −1.4B USD | 12.4B USD |
| Net profit | −2.1B USD | −672.0M USD | −1.6B USD | 11.4B USD |
| EPS (diluted) | −14.78 | −4.63 | −11.32 | 73.76 |
| Gross margin | 7.1% | 16.1% | 30.1% | 71.5% |
| Operating margin | −33.4% | −7.0% | −18.7% | 61.2% |
| Net margin | −35.2% | −10.1% | −22.3% | 56.5% |
| Operating cash flow | −713.0M USD | −309.0M USD | 84.0M USD | 11.7B USD |
| Free cash flow | −932.0M USD | −475.0M USD | −120.0M USD | 11.5B USD |
| Total assets | N/A | 13.5B USD | 13.0B USD | 22.5B USD |
| Total liabilities | N/A | 2.4B USD | 3.8B USD | 6.8B USD |
| Shareholders' equity | N/A | 11.1B USD | 9.2B USD | 15.7B USD |
| Period | SMA | EMA | Price vs line |
|---|---|---|---|
| 10 days | 1,217.87 | 1,206.43 | Below |
| 20 days | 1,327.59 | 1,313.98 | Below |
| 50 days | 1,531.18 | 1,448.58 | Below |
| 100 days | 1,583.80 | 1,449.30 | Below |
| 200 days | 1,268.95 | 1,244.46 | Below |
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 30.53 | Down |
| MACD(12,26) | −126.74 | Down |
| ADX(14) | 33.47 | Neutral |
| ATR(14) % of price | 6.37 | Neutral |
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
DAOLINV5LHFUND3ASSETFUND3
MFC2KSAM2EASTSPRING2TALISAM1| Fund | SNDK weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| M-MEMNot sold to retail investors | 14.36% | Buys the stock directly | N/A | 1.96% |
| TLDRAM | 10.75% | DRAM | N/A | 1.48% |
| LHDRAM | 10.68% | DRAM | N/A | 2.10% |
| DAOL-MEMORY | 8.72% | DRAM | N/A | 1.96% |
| ASP-AIEQRMF | 6.35% | Buys the stock directly | +1.62% | 2.96% |
| ASP-AIEQ | 6.31% | Buys the stock directly | +0.57% | 2.93% |
| LHAI-INFRA | 5.36% | TCAI | N/A | 1.91% |
| DAOL-DRAMNot sold to retail investors | 4.55% | DRAM | N/A | 1.96% |
| DAOL-AIINFRA | 4.40% | TCAI | N/A | 1.96% |
| LHDRAM-AINot sold to retail investors | 4.11% | DRAM | N/A | 2.10% |
| ASP-MEMNot sold to retail investors | 3.89% | DRAM | N/A | 2.64% |
| KF-AINEXT | 3.75% | IGPT | N/A | 1.00% |
| KF-AINEXT-FX | 3.70% | IGPT | N/A | 1.00% |
| ES-GTECH | 3.14% | POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND | +20.89% | 1.21% |
| DAOL-GTECHRMF | 3.14% | POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND | N/A | 1.96% |
| ES-GTECHSSF | 3.11% | POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND | +20.33% | 1.78% |
| MGTECH | 2.94% | BGF Next Generation Technology Fund | +3.87% | 1.96% |
| DAOL-GTECH | 2.85% | POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND | +18.40% | 2.04% |
| Master fund | Thai funds using this route | Master fund's SNDK weight |
|---|---|---|
| POLAR CAPITAL FUNDS PLC - GLOBAL TECHNOLOGY FUND | 4 | 3.14% |
| Defiance Memory UCITS ETF | 3 | 10.75% |
| Roundhill Memory ETF | 3 | 4.55% |
| Tortoise AI Infrastructure ETF | 2 | 5.36% |
| Invesco AI and Next Gen Software ETF | 2 | 3.75% |
| BGF Next Generation Technology Fund | 1 | 2.94% |
