上声电子688533 时间: 2025年4月1日星期二 33.71分综合得分 偏弱 趋势方向 主力成本分析 31.76 元 当日主力成本 31.81 5日主力成本 33.81 元 20日主力成本 34.75 元 60日主力成本 周期内涨跌停 过去一年内该股 元 涨停 0次 跌停 0 次 北向资金数据 | 持股量26.90万股 | 占流通比0.16% | | --- | --- | | 昨日净买入5.79万股 | 昨日增仓比0.036% | | 5日增仓比0.044% | 20日增仓比-0.04% | 技术面分析 31.50 短期支撑位 35.09 中期压力位 31.50 中期支撑位 目前短线趋势不慎明朗，静待主力资金选择方向； 目前中期趋势不慎明朗，静待主力资金选择方向 K线形态 暂无特殊形态 32.91 短期压力位 风险提示：以上内容仅作为作者或者嘉宾的观点，不代表和讯的任何立场，不构成与和讯相关的任何投 资建议。在作出任何投资决定前，投资者应根据自身情况考虑投资产品相关的风险因素，并于需要时咨 询专业投资顾问意见。和讯竭力但不能证实上述内容的真实性、准确性和原创性，对此和讯不做任何保 证和承诺。 资金流数 ...

Investment Rating - The investment rating for the company is not explicitly stated in the provided content, but the report indicates a positive outlook on the company's performance and growth potential [1]. Core Insights - The company reported a total revenue of 2.77 billion yuan for 2024, representing an 18.9% year-on-year increase, and a net profit attributable to shareholders of 236 million yuan, which is a 48.6% increase year-on-year [1]. - The automotive acoustic products market is expanding due to the electrification and intelligence of vehicles, with the number of speakers in new energy vehicles generally ranging from 8 to over 20, compared to 4-8 in traditional fuel vehicles [4]. - The company is actively expanding its global market presence, with 40.28% of its main business revenue coming from exports in the first half of 2024, particularly strong sales in the United States [4]. - Cost management optimization has led to improved profitability, with a net profit margin of 8.5% for 2024, an increase of 1.7 percentage points year-on-year [4]. - The company forecasts net profits of 340 million yuan and 431 million yuan for 2025 and 2026, respectively, with corresponding EPS of 2.09 yuan and 2.65 yuan [4]. Financial Summary - Total revenue (in million yuan): 1,769 (2022), 2,326 (2023), 2,766 (2024E), 3,653 (2025E), 4,384 (2026E) [5]. - Year-on-year growth rates for total revenue: 35.9% (2022), 31.5% (2023), 18.9% (2024E), 32.1% (2025E), 20.0% (2026E) [5]. - Net profit attributable to shareholders (in million yuan): 87 (2022), 159 (2023), 236 (2024E), 340 (2025E), 431 (2026E) [5]. - Net profit growth rates: 43.7% (2022), 82.4% (2023), 48.6% (2024E), 44.1% (2025E), 26.7% (2026E) [5]. - Gross margin: 20.3% (2022), 25.5% (2023), 26.2% (2024E), 26.5% (2025E), 26.7% (2026E) [5]. - Return on equity (ROE): 7.9% (2022), 12.2% (2023), 15.3% (2024E), 18.0% (2025E), 18.6% (2026E) [5]. - EPS (diluted): 0.54 (2022), 0.98 (2023), 1.45 (2024E), 2.09 (2025E), 2.65 (2026E) [5].

Investment Rating - The investment rating for the company is not explicitly stated in the provided content, but the report indicates a positive outlook based on performance metrics and market expansion strategies [1]. Core Viewpoints - The company has achieved a total revenue of 2.77 billion yuan in 2024, representing an 18.9% year-on-year increase, and a net profit of 236 million yuan, which is a 48.6% increase year-on-year [1][4]. - The automotive acoustic products market is expanding due to the electrification and intelligence of vehicles, with the number of speakers in new energy vehicles generally increasing from 4-8 in traditional models to 8-12 or more in new models [4]. - The company is actively expanding its global market presence, with 40.28% of its main business revenue coming from exports in the first half of 2024, particularly strong sales in the United States [4]. - Cost management optimization has led to improved profitability, with a net profit margin of 8.5% in 2024, an increase of 1.7 percentage points year-on-year [4]. - Profit forecasts indicate that the company's net profit will reach 340 million yuan in 2025 and 431 million yuan in 2026, with corresponding EPS of 2.09 yuan and 2.65 yuan [4]. Summary by Relevant Sections Financial Performance - Total revenue for 2024 is projected at 2,766 million yuan, with a year-on-year growth rate of 18.9% [5]. - The net profit for 2024 is expected to be 236 million yuan, reflecting a year-on-year increase of 48.6% [5]. - The gross profit margin is forecasted to be 26.2% in 2024, with a gradual increase to 26.7% by 2026 [5]. Market Expansion - The company has established production bases in multiple countries, including China, Czech Republic, Brazil, and Mexico, to enhance its global competitiveness and localize customer responses [4]. - The company has formed long-term partnerships with renowned automotive manufacturers and audio brands, contributing to its revenue growth [4]. Cost Management - The company is focusing on reducing material costs and optimizing labor costs through automation and improved manufacturing processes [4]. - The net profit margin has improved due to effective cost management strategies, with a reported net profit margin of 8.5% in 2024 [4].

证券代码：688533 证券简称：上声电子 公告编号：2025-003 债券代码：118037 债券简称：上声转债 本公告所载2024年度主要财务数据为初步核算数据，未经会计师 事务所审计，具体数据以苏州上声电子股份有限公司（以下简称"公 司"）2024年年度报告中披露的数据为准，提请投资者注意投资风险。 一、2024 年度主要财务数据和指标 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性依 法承担法律责任。 币种：人民币 单位：万元 | 项目 | 本报告期 | 上年同期 | 增减变动幅度（%） | | | --- | --- | --- | --- | --- | | 营业总收入 | 276,562.87 | 232,646.30 | | 18.88 | | 营业利润 | 28,854.25 | 18,616.83 | | 54.99 | | 利润总额 | 28,775.70 | 18,402.63 | | 56.37 | | 归属于母公司所有 者的净利润 | 23,620.03 | 15,898.82 | | 48.56 | | 归属于 ...

证券代码：688533 证券简称：上声电子 公告编号：2025-002 债券代码：118037 债券简称：上声转债 苏州上声电子股份有限公司 关于持股 5%以上股东减持股份计划的公告 本公司董事会、全体董事及相关股东保证本公告内容不存在任何 虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性依法承担法律责任。 重要内容提示： 5%以上股东持股的基本情况 截至本公告披露日，苏州上声电子股份有限公司(以下简称"公 司")5%以上大股东南京同泰创业投资合伙企业(有限合伙)（以下简 称"同泰创业"）持有上声电子股份 30,000,000 股，占公司股份总数 的 18.42%。上述股份均为公司首次公开发行前取得的股份，并已于 2024 年 4 月 19 日起上市流通。 减持计划的主要内容 同泰创业是公司的投资股东，长期看好公司的发展。截至本公告 日，因自身流动资金需求,公司收到同泰创业出具的《关于计划减持 持有苏州上声电子股份有限公司部分股份的告知函》：同泰创业计划 通过集中竞价及大宗交易方式合计减持不超过 4,885,410 股，自本公 告之日起 15 个交易日后的 3 个月内实施。其中以集中竞价 ...

证券代码：688533 证券简称：上声电子 公告编号：2025-001 债券代码：118037 债券简称：上声转债 苏州上声电子股份有限公司 可转债转股结果暨股份变动公告 重要内容提示： ●转股情况："上声转债"于 2024 年 1 月 12 日起开始进入转股 期。自 2024 年 1 月 12 日起至 2024 年 12 月 31 日，"上声转债"转 股的金额为人民币 52,025,000 元，因转股形成的股份数量为 1,757,952 股，占"上声转债"转股前公司已发行股份总额的 1.0987200%。 ●未转股可转债情况：截至 2024 年 12 月 31 日，"上声转债" 尚未转股的可转债金额为人民币 467,975,000 元，占"上声转债"发 行总量的 89.9951923%。 ●本季度转股情况：自 2024 年 10 月 1 日起至 2024 年 12 月 31 日，"上声转债"转股的金额为人民币 51,973,000 元，因转股形成 的股份数量为 1,756,868 股，占"上声转债"转股前公司已发行股份 总额的 1.0980425%。 一、可转债发行上市概况 经中国证券监督管理委员会证监许可 ...

证券代码：688533 证券简称：上声电子 公告编号：2024-095 债券代码：118037 债券简称：上声转债 苏州上声电子股份有限公司 关于向不特定对象发行可转换公司债券募投项目结项 的公告 上述募集资金到位情况经信永中和会计师事务所（特殊普通合伙） 进行审验，并出具了"XYZH/2023SUAA1B0072"号《验资报告》。 公司对募集资金采取了专户存储管理。募集资金到账后，已全部 存放于经董事会批准开设的募集资金专项账户内。公司与保荐机构东 吴证券股份有限公司（以下简称"东吴证券"）、募集资金专户所在 银行（兴业银行股份有限公司苏州分行、招商银行股份有限公司苏州 1 / 4 分行）签订了《募集资金专户存储三方监管协议》。除上述三方监管 协议外，公司与上声电子（合肥）有限公司、保荐机构东吴证券、存 放募集资金的商业银行（中信银行股份有限公司苏州分行）签订了《募 集资金专户存储四方监管协议》。前述三方及四方监管协议与上海证 券交易所三方及四方监管协议范本不存在重大差异。 截至本公告披露之日，公司向不特定对象发行可转换公司债券募 集资金专项账户的开立和存续情况如下： | 开户银行 | 银行账号 | 状态 ...

Company Overview - Suzhou Shangsheng Electronics Co., Ltd. is a leading supplier of automotive acoustic products in China, focusing on enhancing driving experiences through acoustic technology [1][2]. - The company has integrated into the development systems of numerous well-known automotive manufacturers both domestically and internationally [1]. Market Position - The company's market share for automotive speakers in the global passenger and light commercial vehicle market is 13.11%, holding the top position in the domestic market [2]. - The company has maintained rapid revenue and profit growth by seizing opportunities in both traditional overseas markets and the fast-growing domestic new energy vehicle sector [2]. Financial Performance - In Q3 2024, the company achieved operating revenue of 755.83 million yuan, a year-on-year increase of 20.09% [2]. - The net profit attributable to shareholders was 78.06 million yuan, representing a significant increase of 116.88% compared to the same period last year [2]. - The net profit after deducting non-recurring gains and losses was 58.82 million yuan, up 70.77% year-on-year [2]. Investor Relations and Communication - The company is committed to enhancing its operational management and core competitiveness to achieve sustainable development and provide returns to investors [3]. - A new public opinion management system was released on November 13, 2024, focusing on improving the clarity of information disclosure and reducing the reading difficulty for investors [3]. - The company actively engages with investors through various channels, including performance briefings, interactive platforms, and roadshows [3]. Research and Development - The company encourages innovation among research personnel through a stock incentive system and provides career development paths, training, and adequate funding for research projects [4]. - The R&D focus includes breakthroughs in new material applications, structural design, manufacturing processes, and the self-manufacturing of key components, aiming to build technological barriers in the automotive acoustic field [4].

苏州上声电子股份有限公司 关于本次限制性股票归属登记完成后调整可转债转股价格 暨转股停牌的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： 证券停复牌情况：适用 因苏州上声电子股份有限公司（以下简称"公司"）2023 年限制性 股票激励计划首次授予部分第一个归属期归属完成增发新股,本公司的 相关证券停复牌情况如下： | 118037 | 上声转债 | 可转债转股 停牌 | 2024/12/3 | 全天 | 2024/12/3 | 2024/12/4 | | --- | --- | --- | --- | --- | --- | --- | | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | ● 修正前转股价格：29.58 元/股 ● 修正后转股价格：29.56 元/股 ● 本次转股价格修正实施日期：2024 年 12 月 4 日 证券代码：688533 证券简称：上声电子 公告编号：2024-094 债券代码：118037 债券简称：上声转债 一、关 ...

证券代码：688533 证券简称：上声电子 公告编号：2024-093 债券代码：118037 债券简称：上声转债 苏州上声电子股份有限公司 关于 2023 年限制性股票激励计划首次授予部分第一个归属 期归属结果暨股份上市的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性依 法承担法律责任。 重要内容提示： 本次股票上市类型为股权激励股份；股票认购方式为网下，上 市股数为 1,089,200 股。 本次股票上市流通总数为 1,089,200 股。 本次股票上市流通日期为 2024 年 12 月 3 日。 苏州上声电子股份有限公司(以下简称"公司")收到中国证券登 记结算有限责任公司上海分公司于 2024 年 11 月 26 日出具的《证券 变更登记证明》，公司完成了 2023 年限制性股票激励计划(以下简称 "本激励计划")首次授予部分第一个归属期的股份登记工作。现将有 关情况公告如下： 一、本次限制性股票归属的决策程序及相关信息披露 1、2023 年 4 月 27 日，公司召开第二届董事会第十八次会议，审 议通过《关于公司 2023 ...