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芯原股份:AIOT风起,芯片代工业务潜力大
群益证券· 2024-12-18 07:55
2024 年 12 月 18 日 朱吉翔 C0044@capital.com.tw 目标价 65 元 | --- | --- | --- | --- | |-----------------------|----------|--------|-----------------| | | | | | | | | | | | 公司基本资讯 | | | | | 产业别 | | | 电子 | | A 股价 (2024/12/17) | | | 48.10 | | 上证指数 (2024/12/17) | | | 3361.49 | | 股价 12 个月高/低 | | | 62.68/24.45 | | 总发行股数 (百万) | | | 500.36 | | A 股数(百万 ) | | | 497.77 | | A 市值(亿元) | | | 239.43 | | 主要股东 | | | 芯原股份有限 | | | | 公司 | (15.14%) | | 每股净值(元 ) | | | 4.65 | | 股价 / 账面净值 | | | 10.35 | | | | | | | | 一个月 | 三个月 | 一年 | | 股价涨跌 ...
芯原股份:Chiplet芯片设计服务加速推进
中邮证券· 2024-12-09 07:24
证券研究报告:电子 | 公司点评报告 2024 年 12 月 9 日 52 周内最高/最低价 59.12 / 24.79 资产负债率(%) 38.7% 市盈率 -87.12 第一大股东 VeriSilicon Limited 股票投资评级 买入|维持 个股表现 -56% -47% -38% -29% -20% -11% -2% 7% 16% 25% 2023-12 2024-02 2024-05 2024-07 2024-09 2024-12 芯原股份 电子 资料来源:聚源,中邮证券研究所 公司基本情况 最新收盘价(元) 51.40 总股本/流通股本(亿股)5.00 / 4.98 总市值/流通市值(亿元)257 / 256 研究所 分析师:吴文吉 SAC 登记编号:S1340523050004 Email:wuwenji@cnpsec.com 芯原股份(688521) Chiplet 芯片设计服务加速推进 ⚫ 投资要点 大算力推动 IP 行业生态发展。为顺应大算力需求所推动的 SoC(系统级芯片)向 SiP(系统级封装)发展的趋势,芯原正在 以"IP 芯片化(IP as a Chiplet)"、"芯片平台化( ...
九点特供:华为新钠离子电池专利获公布!机构预计钠电池2025年将正式量产,这家公司与中科大签署合作协议,联合开展电池及电极材料研究;中欧电动汽车关税或取消,利好我国自主品牌出海
财联社· 2024-11-24 23:56
①华为新钠离子电池专利获公布!机构预计钠电池2025年将正式量产,这家公司与中科大签署合作协 议,联合开展电池及电极材料研究; ②中欧电动汽车关税或取消,分析师认为这将利好我国自主品牌 出海,且2025年出口销量有望延续可观的增长,这家公司主力产品在多个国家已跻身细分市场前列; ③海外映射:金山云涨近25%,野村证券首度赋予其买入评级;毫微大涨89%,公司宣布推出第二代专 注于数字货币挖矿的芯片产品。 【个股竞价和连板数据(新版)】 随着指数调整,首板家数果不其然跌回了30+,但上周五虽然大千生态没能连扳,但连板股的数量和晋 级率依然保持在较高的位置,这里不排除资金后续继续抱团高标,且如果市场不能有效放量的话,这个 抱团趋势很可能会继续向小微盘股靠拢。 【市场主线】 上周五市场午后单边下行,创业板指领跌,沪指下跌超100点失守3300点。盘面上,电商概念股一度大 涨,稀土永磁板块午后异动,此外高位人气股仍逆势走强,但全市场超4900只个股下跌。指数层面, 上周五盘前已经说过,周四的市场已经呈现出罕见的均势,可以等周末的走向确定后再做定夺,没想到 调整提前而至。这里可以先找几个消息层面的利空,由于现在是国内消息 ...
芯原股份(688521) - 2024年11月12日-11月14日投资者关系活动记录表
2024-11-14 07:34
证券代码:688521 证券简称:芯原股份 芯原微电子(上海)股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------|--------------------------|-------------------------------------------------------------------| | 投资者关系活 | √ | 特定对象调研 □ 分析师会议 | | 动类别 | □ | 媒体采访 □ 业绩说明会 | | | □ 新闻发布会 √ | 路演活动 | | | □ 现场参观 □ | 电话会议 | | | □ 其他( ) | | | 参与单位名称 | 2024 年 11 月 12 日 | | | | 鹏华基金、易方达基金 | | | | 2024 年 11 月 13 日 | | | | | 春秋资本、湖北都宜基金、基石资产管理、深圳华强资产管理、泰石投 | | | 资、招银理财、中道投资等 | | | | 2024 年 11 月 14 日 | | | | 资、中欧瑞博等 | 华泰证券自营、弘文文化科技创业投资、嘉实国际、唯德投资、裕晋 ...
芯原股份20241030
2024-11-03 17:14
也非常感谢大家今天来参加我们的一个三级报的一个业绩交流会那今天盘后呢我们也已经披露了我们的一个三级报的一个情况那会议开始前呢我也再介绍一下就是今天线上呢还有我们公司创始人董事长兼总裁戴维明博士以及我们公司CFO兼总秘书总 那接下来我先跟各位再简单介绍一下我们三季度的一个经营情况那后面呢我们会把这个时间交给戴总去做更多的一个行业市场和这个业务上的一个分享对那这个从我们公司在2020年上市以来呢整体还是保持一个成长的趋势那比方说在这个2021年整个行业里面成能紧张的情况下 我们还是实现了量产业务收入增长35%同时总营收增长42%那在2022年的时候呢全球白老铁产业呢增速有所放缓那在有一些公司可能这个个位数增长或者不增长的情况下我们公司在2022年还是保持一个收入25%的一个成长 同时呢在这一年也是实现了这个扩飞前后净利润盈利那在2023年的上半年呢我们依然保持了一个盈利的趋势但在下半年由于受到部分客户订单进度的影响那收入是有所波动的包括加上这个积极的一个影响在下半年的时候业绩转机有所承压 但更重要的一个趋势呢是我们看到从去年的四季度开始我们公司的这个客户的新签订单情况是非常好的那目前我们这个在手订单已经连续四个季 ...
芯原股份:2024年三季报点评:营收稳步增长,持续加大研发投入
民生证券· 2024-11-02 03:09
芯原股份(688521.SH)2024 年三季报点评 [盈利预 Table_Forcast] 测与财务指标 营收稳步增长,持续加大研发投入 2024 年 11 月 02 日 ➢ 事件:10 月 30 日,芯原股份发布 2024 年第三季度报告,2024 年前三季 度实现营业收入 16.50 亿元,同比减少 6.50%;实现归母净利润-3.96 亿元;实 现扣非归母净利润-4.22 亿元。其中 3Q24 单季度公司实现营收 7.18 亿元,同比 增长 23.60%,环比增长 16.96%,实现归母净利润-1.11 亿元。 ➢ 产业逐渐复苏,业绩延续改善趋势。芯原股份是一家依托自主半导体 IP,为 客户提供平台化、全方位、一站式芯片定制服务和半导体 IP 授权服务的企业。 2024 年上半年,半导体产业逐步复苏,下游客户库存情况已明显改善,得益于 公司独特的商业模式,2024 年第三季度保持经营改善的趋势。3Q24 单季度公 司实现营收 7.18 亿元,同比增长 23.60%,环比增长 16.96%;实现归母净利润 -1.11 亿元,主要是由于公司坚持研发投入导致期间费用增加所致。公司将不断 拓展行业头部客户,为 ...
芯原股份(688521) - 2024年10月30日-10月31日投资者关系活动记录表
2024-10-31 08:38
证券代码:688521 证券简称:芯原股份 芯原微电子(上海)股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------|-----------------------------------------------------|----------------------------------------------------------------------------------------| | | | | | 投资者关系活 | □ | 特定对象调研 □ 分析师会议 | | 动类别 | □ 媒体采访 √ | 业绩说明会 | | | □ | 新闻发布会 □ 路演活动 | | | □ 现场参观 √ 电话会议 | | | | □ 其他( ) | | | 参与单位名称 | 2024 年 10 月 30 日 JK Capital Management Limited | 、华商基金、汇安基金、嘉实基金、景林 资产、太平洋资产管理、中意资产管理等 | | | | | | | | | | | 2024 年 10 月 31 日 | | | | 公开业绩说 ...
芯原股份Q3亏损1.11亿收窄近三成 毛利持续承压
财联社· 2024-10-30 23:30
《科创板日报》10月31日讯(记者 吴旭光) 10月30日晚间,芯原股份披露三季度报告。 财报显示,**该公司前三季度营业收入为16.50亿元,同比下降6.50%;归母净利润为-3.96亿元,上年同 期为-1.34亿元;扣非归母净利润为-4.22亿元,上年同期为-1.56亿元;基本每股收益-0.79元。 其中,该公司半导体IP授权业务同比增长6.13%;一站式芯片定制业务同比下降11.63%。 芯原股份表示,2024年前三季度,该公司量产业务收入下降主要系部分下游客户受到去库存周期影响等 因素所致;净利润下降主要由于其收入、毛利同比有所下降,并坚持研发投入故研发费用等期间费用增 加,导致净利润波动。 根据三季报,芯原股份第三季度实现营业总收入7.18亿元,同比增长23.60%,环比增长16.96%;归母净 利润-1.11亿元,亏损金额收窄29.01%,环比下降42.70%;扣非净利润-1.18亿元,亏损金额收窄 25.64%,环比下降33.24%。 盈利能力方面,2024年前三季度,该公司实现毛利7.02亿元,同比减少8.43% ;其综合毛利率为 42.52%,同比减少0.90个百分点。 芯原股份是一家依托自 ...
芯原股份(688521) - 2024 Q3 - 季度财报
2024-10-30 10:14
Revenue Performance - Revenue for Q3 2024 reached 717.98 million yuan, a 23.60% year-over-year increase and a 16.96% quarter-over-quarter growth[4] - Revenue from semiconductor IP licensing business in the first three quarters of 2024 was 478 million yuan, an 8.78% year-over-year increase, with 171 IP licensing instances, up 92 from the previous year[6] - Revenue from chip design business in the first three quarters of 2024 was 518 million yuan, a 37.02% year-over-year increase, with 96.21% from 28nm and below process nodes and 86.22% from 14nm and below[7] - Revenue from mass production business in the first three quarters of 2024 was 574 million yuan, a 33.06% year-over-year decrease, but new mass production orders surged 303.17% year-over-year to 597 million yuan[8] - Revenue from AI-related intellectual property licensing in the first three quarters of 2024 was 232 million yuan, accounting for 48.59% of total IP licensing revenue[6] - Operating revenue for the first three quarters of 2024 was 1,649,971,464.11 RMB, a decrease from 1,764,647,377.77 RMB in the same period of 2023[19] - Revenue from sales of goods and services was 1,627,197,562.06 RMB, slightly up from 1,625,397,798.13 RMB in the same period last year[24] Intellectual Property Licensing - Intellectual property licensing revenue in Q3 2024 was 218 million yuan, up 36.62% quarter-over-quarter[4] - Revenue from semiconductor IP licensing business in the first three quarters of 2024 was 478 million yuan, an 8.78% year-over-year increase, with 171 IP licensing instances, up 92 from the previous year[6] - Revenue from AI-related intellectual property licensing in the first three quarters of 2024 was 232 million yuan, accounting for 48.59% of total IP licensing revenue[6] Orders and Backlog - New orders in Q3 2024 totaled 648 million yuan, with a backlog of 2.138 billion yuan, of which 78.26% is expected to convert to revenue within one year[5] - Revenue from mass production business in the first three quarters of 2024 was 574 million yuan, a 33.06% year-over-year decrease, but new mass production orders surged 303.17% year-over-year to 597 million yuan[8] Profitability and Margins - Gross profit for the first three quarters of 2024 was 702 million yuan, a 8.43% year-over-year decrease, with a gross margin of 42.52%, down 0.90 percentage points year-over-year[9] - Net loss attributable to shareholders in Q3 2024 was 111.05 million yuan, narrowing by 45 million yuan year-over-year[9] - Net profit attributable to shareholders of the listed company for the period from the beginning of the year to the reporting period showed fluctuations due to a year-on-year decline in revenue and gross profit, coupled with increased R&D expenses[11] - Net profit attributable to shareholders was -395,858,494.37 RMB, a significant decline from -134,218,721.31 RMB in the same period last year[22] - Basic and diluted earnings per share were -0.79 RMB, compared to -0.27 RMB in the previous year[22] R&D Investment - R&D investment in the first three quarters of 2024 was 880 million yuan, a 24.63% year-over-year increase, accounting for 53.35% of revenue[3] - R&D expenses increased to 880,249,163.34 RMB, up from 699,484,459.73 RMB, reflecting a 25.8% year-over-year growth[21] Cash Flow and Financial Position - Operating cash flow for the reporting period was -170.81 million, primarily due to a decrease in cash paid for goods and services and an increase in tax refunds received[11] - Net cash flow from operating activities was -393,381,013.48 RMB, compared to -144,192,928.66 RMB in the previous year[24] - Investment activities generated a net cash inflow of 201,042,470.29 yuan, compared to a net outflow of -122,207,792.96 yuan in the previous period[25] - The company received 1,456,670,000.00 yuan from other investment-related activities, a significant increase from 280,000,000.00 yuan in the previous period[25] - Cash outflow for investment activities totaled 1,259,820,298.56 yuan, with 1,145,000,000.00 yuan allocated to other investment-related payments[25] - Financing activities resulted in a net cash inflow of 231,985,759.25 yuan, a decrease from 309,914,592.02 yuan in the previous period[25] - The company obtained 406,200,000.00 yuan from borrowings, up from 377,900,000.00 yuan in the previous period[25] - Cash and cash equivalents at the end of the period amounted to 726,905,240.60 yuan, compared to 809,772,340.31 yuan in the previous period[25] - The company allocated 112,820,298.56 yuan for the purchase of fixed assets, intangible assets, and other long-term assets[25] - Cash outflow for financing activities totaled 174,214,240.75 yuan, including 75,650,943.34 yuan for debt repayment and 98,563,297.41 yuan for other financing-related payments[25] - The net increase in cash and cash equivalents was 41,652,729.61 yuan, slightly lower than the 47,888,061.68 yuan increase in the previous period[25] - The impact of exchange rate changes on cash and cash equivalents was 2,005,513.55 yuan[25] Shareholder Information - VeriSilicon Limited holds 15.14% of the company's shares, making it the largest shareholder[12] - The National Integrated Circuit Industry Investment Fund holds 6.95% of the company's shares[12] - The top 10 shareholders collectively hold a significant portion of the company's shares, with no shares pledged, marked, or frozen[13] - The company's top 10 shareholders and top 10 unrestricted shareholders did not participate in margin trading or securities lending activities[14] - The company's top 10 shareholders and top 10 unrestricted shareholders did not experience any changes due to securities lending or return activities[15] Asset and Liability Changes - Total assets increased to 4,717,286,963.49 RMB as of September 30, 2024, compared to 4,406,380,975.42 RMB at the end of 2023[17][18] - Total liabilities rose to 2,408,137,454.74 RMB as of September 30, 2024, up from 1,706,087,354.69 RMB at the end of 2023[18][19] - Accounts receivable increased to 1,162,252,658.43 RMB as of September 30, 2024, compared to 1,021,639,249.64 RMB at the end of 2023[17] - Inventory grew to 367,264,179.56 RMB as of September 30, 2024, up from 278,622,683.88 RMB at the end of 2023[17] - Fixed assets increased to 720,820,142.63 RMB as of September 30, 2024, compared to 505,111,613.96 RMB at the end of 2023[17] - Intangible assets rose to 546,994,721.70 RMB as of September 30, 2024, up from 396,537,174.64 RMB at the end of 2023[18] - Long-term loans increased to 838,826,256.76 RMB as of September 30, 2024, compared to 659,611,343.09 RMB at the end of 2023[18] - Contract liabilities grew to 604,216,602.51 RMB as of September 30, 2024, up from 453,522,036.80 RMB at the end of 2023[18] - Retained earnings decreased to -2,211,316,187.65 RMB as of September 30, 2024, compared to -1,815,457,693.28 RMB at the end of 2023[19] Operating Costs and Expenses - Total operating costs rose to 2,039,426,765.96 RMB, up from 1,871,531,586.08 RMB, an increase of 9%[21] - Sales expenses increased to 98,127,551.96 RMB, up from 90,121,995.89 RMB, reflecting a 8.9% year-over-year growth[21] - Cash received from tax refunds decreased to 8,852,994.22 RMB, down from 41,495,180.21 RMB in the previous year[24] Comprehensive Income - Other comprehensive income after tax was 162,763.70 RMB, compared to -1,782,577.74 RMB in the same period last year[22] - Total comprehensive income was -395,695,730.67 RMB, a significant decline from -136,001,299.05 RMB in the previous year[22]
芯原股份:业绩预告隐藏信息:煤炭下游盈利修复,智能手机市场回暖!
北京韬联科技· 2024-10-15 11:30
业绩预告隐藏信息:煤炭下游盈利修复,智能手机市场回暖! 导语:回落之后,煤价仍居历史高位。 作者:市值风云 App:萧瑟 10 月 12 日至 10 月 14 日盘前,沪深京三市新增 9 家公司披露三季度业绩预告, 其中 8 家预增、7 家预盈,仅芯原股份(688521.SH)一家前三季度利润预减且 亏损,不过三季度亏损幅度亦有收窄趋势。 (二)业绩预告情况 (来源:芯原股份三季度业绩预告) 预增且预亏的则是芯联集成(688469.SH),同比减亏 50%后仍亏损 6.8 亿。 按照净利润预告下限统计,剩余 7 家预盈公司的预增幅度均在 50%以上,但利 润规模都不大,多数只有 2 亿左右的量级。 25.0 600% 22.5 485% 193% 1889 10 C 80% 71% 72% 5.0 2.5 2 5 2.3 1.6 0.3 0.1 0.0 (5.0) (4:0) (6.8) (10.0) 申科股份 思特威 容原設分 凯尔达 容是环保 乐鑫科技 上海电力 蓝特光学 (来源:市值风云 APP,均使用增速下限) 唯一利润规模超过两位数的就是上海电力(600021.SH),我们就先来看看它。 一、煤炭价 ...