证券时报e公司讯，11月26日，格科微宣布成功量产多光谱CIS，为图像传感器赋予新能力。 该方案可在复杂环境光下精准识别场景内的光谱信息，提升色彩还原能力的同时，赋能更多智能化检测 应用，满足消费者更加智能化、精细化的需求。 ...

Investment Rating - Buy | Maintain [10] Core Views - Strong growth in high-pixel products: The company achieved revenue of 4.554 billion yuan in the first three quarters of 2024, a year-on-year increase of 40.35%. The revenue from 13MP and above products reached approximately 1 billion yuan, compared to less than 100 million yuan in the same period last year, indicating strong market recognition for the company's single-chip technology [12][13] - High-pixel products are driving revenue growth: The company's 32MP and 50MP products have been widely adopted in mid-to-high-end smartphone models, with the 50MP product expected to cover high, mid, and low-end markets by the end of 2024 [13] - Non-mobile CIS business grew by 13% year-on-year, mainly driven by 4MP and above products, applied in smart city, smart home, and conference systems [13] - TDDI (Touch and Display Driver Integration) now accounts for over 50% of the display driver chip business revenue [13] - Exchange rate losses partially mitigated: The impact of exchange rate losses on the company's performance has been partially alleviated as the USD/CNY exchange rate gradually rises [13][15] Financial Performance - Revenue for the first three quarters of 2024: 4.554 billion yuan, up 40.35% year-on-year [12] - Net profit attributable to shareholders: 8.1114 million yuan, down 83.69% year-on-year [12] - Exchange rate losses: 92.8916 million yuan in Q3 2024, with a cumulative impact of 57.6657 million yuan in the first three quarters [13] - R&D expenses: 631.0947 million yuan, up 35.5403 million yuan year-on-year, driven by increased investment in high-pixel product development [15] Profit Forecast - Expected revenue for 2024-2026: 6.36 billion yuan, 8.017 billion yuan, and 10.064 billion yuan, respectively [16] - Expected net profit attributable to shareholders for 2024-2026: 150 million yuan, 500 million yuan, and 1 billion yuan, respectively [16] - Current PE ratios for 2024-2026: 283x, 85x, and 43x, respectively [16] Financial Ratios - Gross margin: 29.6% in 2023, expected to be 25.3%, 26.6%, and 26.8% in 2024-2026 [21] - Net margin: 1.0% in 2023, expected to be 2.4%, 6.3%, and 9.9% in 2024-2026 [21] - ROE: 0.6% in 2023, expected to be 1.9%, 5.9%, and 10.5% in 2024-2026 [21] - Asset-liability ratio: 61.0% in 2023, expected to be 65.0%, 64.7%, and 63.3% in 2024-2026 [21]

证券代码：688728 证券简称：格科微 公告编号：2024-056 格科微有限公司 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： 本次归属股票数量：1,704,000 股。 根据中国证监会、上海证券交易所、中国证券登记结算有限责任公司上海分公司 有关业务规则的规定，格科微有限公司（以下简称"公司"）于近日收到中国证券登记 结算有限责任公司上海分公司出具的《过户登记确认书》，公司于 2024 年 11 月 19 日 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 2023 年 6 月 7 日，公司召开第一届董事会第二十五次会议，审议通过了《关于< 格科微有限公司 2023 年限制性股票激励计划（草案）>及其摘要的议案》《关于<格科 微有限公司 2023 年限制性股票激励计划实施考核管理办法>的议案》以及《 ...

证券代码：688728 证券简称：格科微 公告编号：2024-055 格科微有限公司 关于获得政府补助的公告 格科微有限公司董事会 2024年11月11日 1 格科微有限公司（以下简称"公司"）全资子公司格科微电子（上海）有限公 司近日收到政府补助款项共计人民币500.00万元，为与收益相关的政府补助。 二、政府补助的类型及对公司的影响 根据《企业会计准则第 16 号-政府补助》等有关规定，确认上述事项并划分 补助类型。上述政府补助未经审计，具体的会计处理以及对公司损益的影响最终 以审计机构年度审计确认后的结果为准。敬请投资者注意投资风险。 特此公告。 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。 一、获得补助的基本情况 ...

证券代码：688728 证券简称：格科微 格科微有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|--------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动类 别 | □ □ 媒体采访 √业绩说明会 □新闻发布会 □路演活动 □ | 特定对象调研 □分析师会议 现场 ...

Summary of the Conference Call Company Overview - The conference call pertains to GeKowei Electronics, focusing on the company's performance in the first three quarters of 2024, with a reported revenue of 4.554 billion RMB, representing a year-on-year growth of 40.35% [1] - The revenue for Q3 alone was 1.76 billion RMB, indicating a quarter-on-quarter growth of 17.6% [1] Key Points and Arguments Revenue Breakdown - Revenue from mobile CIS (CMOS Image Sensors) was 2.62 billion RMB, non-mobile CIS was 957 million RMB, and display driver chips generated 974 million RMB [1] - The mobile CIS product line saw a sales increase of 79% year-on-year, with shipment volume up by 38% [1] High-Pixel Products - High-pixel products (13 million and above) generated close to 1 billion RMB in sales, a tenfold increase compared to the same period last year [2] - The company has successfully transitioned from mid-to-low-end to mid-to-high-end products, with significant orders from major brands like Vivo and Oppo [2] Non-Mobile CIS Growth - Non-mobile CIS revenue grew by 12.68% year-on-year, driven by increased R&D and production of 4 million and 8 million pixel products [3] - The introduction of the new 4 million pixel product GC4103, which supports always-on functionality, has enhanced market share [3] Display Driver Products - Display driver product line revenue grew by 6% year-on-year, with TDDI (Touch and Display Driver Integration) products accounting for over 50% of this revenue [4] - The company plans to increase market promotion for TDDI products and introduce OLED products for wearable devices [4] Production Capacity and Efficiency - The company’s factory has achieved mass production of 8 million and 13 million pixel products, with a transition to 50 million pixel products underway [5] - The factory's operational efficiency has improved, with losses narrowing significantly [5] Financial Performance - The company reported a foreign exchange loss of 57 million RMB in the first three quarters, with a significant impact in Q3 [6] - R&D expenses totaled 630 million RMB, reflecting a focus on high-pixel product development [8] - Total assets increased to 5.86 billion RMB, primarily due to inventory buildup for high-pixel products [8] Market Position and Competition - The company maintains a competitive edge in single-chip high-pixel technology, with a strong R&D capability and faster iteration cycles compared to competitors [10][12] - The gross margin for high-end products is under pressure due to competition, but the company expects to maintain profitability as market share grows [12][29] Future Outlook - The company is optimistic about the continued demand for high-pixel products and plans to expand its product offerings in the automotive sector [16] - The introduction of multi-spectral CIS products is underway, with promising early results [18] - The company aims to achieve profitability in its factory operations by optimizing production and focusing on high-margin products [32] Additional Important Information - The company has successfully developed proprietary manufacturing processes that enhance product performance and reduce reliance on external foundries [20][21] - The management emphasizes the importance of maintaining a robust supply chain and production capacity to meet market demands [26][27] This summary encapsulates the key insights from the conference call, highlighting GeKowei Electronics' performance, strategic initiatives, and market outlook.

证券代码：688728 证券简称：格科微 公告编号：2024-054 格科微有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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。 | 回购方案首次披露日 | 2024/3/6，由公司实际控制人、董事长、首席执行 | | --- | --- | | | 官赵立新先生提议 | | 回购方案实施期限 | 2024/03/05~2025/03/04 | | 预计回购金额 | 万元 15,000 万元~30,000 | | 回购用途 | □减少注册资本 | | | √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 万股 2,206.63 | | 累计已回购股数占总股本比 | 0.8485% | | 例 | | | 累计已回购金额 | 29,186.69 万元 | | 实际回购价格区间 | 10.11 元/股~18.00 元/股 | 一、 回购股份的基本情况 2024 年 3 月 5 日，公司召开第二届董 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥1,764,028,903, representing a year-over-year increase of 36.43%[2] - The net profit attributable to shareholders for Q3 2024 was -¥69,378,143, a decrease of 195.62% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥89,221,333, reflecting a decline of 384.71% year-over-year[2] - Total revenue for the first three quarters of 2024 reached CNY 4,554,095,635, a significant increase of 40.4% compared to CNY 3,244,867,291 in the same period of 2023[22] - The company's net profit for the first three quarters of 2024 was CNY 8,111,352, a decrease from CNY 49,725,666 in the same period of 2023[24] - The total comprehensive income for Q3 2024 is -100,698,199 CNY, significantly down from 32,000,275 CNY in Q3 2023[25] Research and Development - Research and development expenses totaled ¥244,092,074 in Q3 2024, a decrease of 17.62% compared to the same period last year[4] - The company has increased its R&D investment, leading to a rise in R&D expenses[12] - Research and development expenses for the first three quarters of 2024 were CNY 631,094,690, compared to CNY 595,554,393 in 2023, reflecting a year-over-year increase of 6.0%[24] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥21,906,523,217, an increase of 8.43% from the end of the previous year[4] - Current assets totaled CNY 11,033,890,405 as of September 30, 2024, compared to CNY 9,788,688,196 at the end of 2023, representing a growth of 12.7%[20] - The company's total assets reached CNY 21,906,523,217, up from CNY 20,203,228,116, indicating a growth of 8.4%[21] - The total liabilities increased to CNY 14,290,921,143 from CNY 12,323,360,149, representing a growth of 15.9%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 28,859, with no preferred shareholders restoring voting rights[13] - Uni-sky Holding Limited is the largest shareholder, holding 1,050,000,000 shares, which accounts for 40.38% of the total shares[13] - Cosmos L.P. holds 310,599,100 shares, representing 11.94% of the total shares[14] - Keenway International Limited owns 175,000,000 shares, which is 6.73% of the total shares[14] - There are no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[17] Cash Flow - The net cash flow from operating activities for the year-to-date is -73.16 million RMB, primarily due to increased procurement costs related to high-pixel chip inventory[12] - Cash flow from operating activities for the first three quarters of 2024 is 5,843,336,877 CNY, an increase from 4,033,216,056 CNY in the same period of 2023[26] - The net cash flow from operating activities for Q3 2024 is 114,488,638 CNY, a decrease from 426,513,977 CNY in Q3 2023[26] - Cash flow from investing activities for Q3 2024 is -1,339,718,742 CNY, compared to -1,168,274,044 CNY in Q3 2023[27] - Cash flow from financing activities for Q3 2024 is 985,578,017 CNY, down from 1,218,692,995 CNY in Q3 2023[27] - The cash and cash equivalents at the end of Q3 2024 amount to 3,947,025,856 CNY, slightly down from 4,070,853,212 CNY at the end of Q3 2023[27] Earnings Per Share - Basic earnings per share for the current reporting period is -200.00 RMB, reflecting a substantial decrease in net profit[12] - Diluted earnings per share for the current reporting period is also -200.00 RMB, indicating increased R&D expenses including employee compensation and material costs[12] - The basic and diluted earnings per share for Q3 2024 are both 0.00 CNY, compared to 0.02 CNY in Q3 2023[25] Foreign Exchange and Financial Expenses - The company reported a foreign exchange loss of ¥92,891,600 in Q3 2024, with a cumulative loss of ¥57,665,700 for the first three quarters[6] - The company's interest expenses for the first three quarters of 2024 were ¥230,212,700, an increase of ¥106,550,700 year-over-year[8] - The company reported a financial expense of CNY 221,417,314, significantly higher than CNY 24,356,636 in the previous year[24] - The net profit attributable to shareholders, excluding non-recurring gains and losses, for the current reporting period is -384.71 million RMB, significantly impacted by large foreign exchange losses due to a sharp decline in the USD exchange rate[12] - The company reported a significant decrease in other comprehensive income, with a net amount of -108,809,551 CNY for Q3 2024, compared to -17,725,391 CNY in Q3 2023[25]

一、 2024年前三季度计提资产减值准备情况概述 结合格科微有限公司（以下简称"公司"）的实际经营情况及行业市场变化等 因素的影响，根据《企业会计准则第1号——存货》《企业会计准则第22号——金 融工具确认和计量》及《企业会计准则第8号——资产减值》（以下合称"《企业 会计准则》"）等相关会计政策规定，为客观、公允地反映公司截至2024年9月30 日的财务状况及2024年1-9月的经营成果，经公司及下属子公司对各项金融资产、 存货和长期资产等进行全面充分的评估和分析，认为上述资产中部分资产存在一 定的减值迹象。2024年前三季度，公司计提的减值准备总额合计为11,513.03万元。 具体情况如下表所示： 单位：万元 证券代码：688728 证券简称：格科微 公告编号：2024-053 格科微有限公司 关于2024年前三季度计提资产减值准备的公告 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。 1 二、 2024年前三季度计提资产减值准备事项的具体说明 （一）信用减值损失 公司以预期信用损失为基础，对应收账款、应收票据、其他应 ...

证券代码：688728 证券简称：格科微 公告编号：2024-050 格科微有限公司 关于作废部分已授予尚未归属的限制性股票的公告 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。 格科微有限公司（以下简称"公司"）于 2024 年 10 月 19 日召开的第二届董 事会第七次会议审议通过了《关于作废部分已授予尚未归属的限制性股票的议 案》，现将相关事项公告如下： 一、 公司2023年限制性股票激励计划已履行的决策程序和信息披露情况 2023 年 6 月 7 日，公司召开第一届董事会第二十五次会议，审议通过了《关 于<格科微有限公司 2023 年限制性股票激励计划（草案）>及其摘要的议案》《关 于<格科微有限公司 2023 年限制性股票激励计划实施考核管理办法>的议案》以 及《关于提请股东大会授权董事会办理公司股权激励计划相关事宜的议案》。公 司独立董事就 2023 年限制性股票激励计划（以下简称"本激励计划"）相关议案 发表了独立意见。 2023 年 6 月 9 日，公司于上海证券交易所网站（www.sse.com.cn）披 ...