深圳市德明利技术股份有限公司 2024 年第三季度报告 证券代码：001309 证券简称：德明利 公告编号：2024-106 深圳市德明利技术股份有限公司 2024 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 1 深圳市德明利技术股份有限公司 2024 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|------------------------------ ...

上 市 公 司 证 券 研 究 报 告 电子 2024 年 10 月 12 日 德明利 (001309) ——触控资产剥离完成，定增获准加速产品升级 报告原因：有业绩公布需要点评 增持（维持）投资要点： ⚫ 公告：1）触控资产出售完成，对 2024 净利润正向贡献。2）存储升级项目增发获准。 | --- | --- | |------------------------------------|-------------------------------| | 市场数据： | 2024 年 10 月 11 日 | | 收盘价（元） | 79.80 | | 一年内最高/最低（元） | 144.50/54.16 | | 市净率 | 7.8 | | 息率（分红 / 股价） | 0.16 | | 流通 A 股市值（百万元） | 6,958 | | 上证指数 / 深证成指 | 3,217.74/10,060.74 | | 注："息率"以最近一年已公布分红计算 | | | --- | --- | |------------------------------|------------------------| | | ...

上 市 公 司 证 券 研 究 报 告 电子 公 司 研 究/ 公 司 点 评 | --- | --- | |-------------------------------------------|-------------------------------| | 市场数据： | 2024 年 09 月 12 日 | | 收盘价（元） | 65.05 | | 一年内最高/最低（元） | 144.50/54.16 | | 市净率 息率（分红/股价） | 6.3 0.20 | | | 5,672 | | 流通 A 股市值（百万元） 上证指数/深证成指 | 2,717.12/8,054.24 | | | | | --- | --- | |-------------------------------|------------------------| | | | | 基础数据 : | 年 06 月 30 日 | | 每股净资产（元） | 10.28 | | | | | 资产负债率 % | 68.77 | | 总股本 /流通 A 股（百万） | 148/87 | | 流通 B 股 /H 股（百万） | -/- | ...

电子 | 证券研究报告 — 调整盈利预测 2024 年 9 月 4 日 001309.SZ 买入 原评级：买入 市场价格:人民币 70.58 板块评级:强于大市 股价表现 (%) 今年 1 3 12 (25%) (3%) 18% 40% 61% 83% Sep-23Oct-23Nov-23Dec-23Jan-24Feb-24Mar-24Apr-24May-24Jun-24Jul-24Sep-24 德明利 深圳成指 至今 个月 个月 个月 绝对 (20.5) (6.3) (17.8) (2.5) 相对深圳成指 (8.4) (2.9) (6.1) 18.5 | --- | --- | --- | |-------------------------------|------------|-----------| | | | | | 发行股数 ( 百万 ) | | 147.59 | | 流通股 ( 百万 ) | | 87.20 | | 总市值 ( 人民币 百万 ) | | 10,416.64 | | 3 个月日均交易额 ( 人民币 | 百万 ) | 482.65 | | 主要股东 | | | | 李虎 | | 39 ...

深圳市德明利技术股份有限公司 2024 年半年度报告全文 深圳市德明利技术股份有限公司 2024 年半年度报告 2024 年 8 月 31 日 1 深圳市德明利技术股份有限公司 2024 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人李虎、主管会计工作负责人褚伟晋及会计机构负责人(会计主 管人员)文灿丰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本公司敬请投资者认真阅读本报告，公司在本报告"第三节 管理层讨论 与分析"之"十、公司面临的风险和应对措施"的部分，描述了公司未来经 营可能面临的主要风险及应对措施，敬请广大投资者注意风险。 本报告中涉及的未来发展计划等前瞻性陈述，不构成公司对投资者的实 质承诺，投资者及相关人士均应当对此保持足够的风险认识，并且应当理解 计划、预测与承诺之间的差异。 本公司敬请投资者认真阅读本报告，公司在本报告"第三节 管理层讨论 与分析"之"十、公司面临的风险 ...

备注：上年同期基本每股收益已按照除权调整后的股本重新计算。 证券代码：001309 证券简称：德明利 公告编号：2024-061 深圳市德明利技术股份有限公司 2024 年半年度业绩预告 一、本期业绩预计情况 2024 年 1 月 1 日至 2024 年 6 月 30 日 预计净利润： 扭亏为盈 | --- | --- | --- | --- | |------------------|---------------------------------------|--------|---------------------| | 项 目 | 本报告期 | | 上年同期 | | 营业收入 | 金额： 200,000 万元– 230,000 万元 | 金额： | 59,053.15 万元 | | | 比上年同期增长： 238.68%-289.48% | | | | 归属于上市公司股 | 盈利： 38,000 万元– 45,000 万元 | 亏损： | 7,941.65 万元 | | 东的净利润 | 比上年同期增长： 578.49%-666.63% | | | | 扣除非经常性损益 | 盈利： 36,000 万元 ...

1Q24 利润持续高增，产品结构加速优化 请务必阅读正文之后的免责声明及其项下所有内容 证券研究报告 | 2024年05月05日 电子·半导体 | --- | --- | |----------------------------------------|-------------------------------| | | | | 基础数据 | | | 投资评级 | 增持(维持) | | 合理估值 收盘价 | 103.64 元 | | 总市值/流通市值 | 15254/9037 百万元 | | 52 周最高价/最低价 近 3 个月日均成交额 | 144.50/54.16 元 493.35 百万元 | | 市场走势 | | 相关研究报告 资料来源: Wind, 国信证券经济研究所整理 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------|-------|----------------------------|---------------- ...

德明利（001309.SZ） 增持 公司 1Q24 扣非净利润同比增长 522%。公司主要以存储颗粒为原材料进行存 储模组开发，产品包括嵌入式存储、固态硬盘及移动存储。受市场疲软影响， 23 半年各存储颗粒原厂营业利润均跌入负值区间，随着上游厂商持续减产供 给收缩，存储价格 4Q23 显著回暖，1Q24 涨价持续，在此背景下：公司 4Q23 实现营收 8.0 亿元(YoY+124.6%，QoQ+107.3%)，扣非归母净利润 1.34 亿元 (YoY+470.7%，QoQ+494.1%)，毛利率 32.6%(YoY+21.2pct，QoQ+26.7pct)； 1Q24 实现营收 8.1 亿元(YoY+168.5%，QoQ+1.4%)，扣非归母净利润 1.93 亿 元(YoY+521.8%，QoQ+44.2%)，毛利率 37.3%(YoY+31.4pct，QoQ+4.7pct)。 存储步入上行周期，需求修复亦将带动存储器销售逐步增加。存储模组环节 主要通过购买存储颗粒，将晶圆设计封装为存储器产品，存储颗粒占产品成 本约 80%，存储晶圆的价格波动直接影响公司盈利水平。存储行业下行周期 自 22 年延续至 23 ...

Financial Performance - Revenue for the first quarter reached 810.87 million yuan, a year-on-year increase of 168.52%[3] - Net profit attributable to shareholders of the listed company was 195.49 million yuan, a year-on-year increase of 546.49%[3] - Basic earnings per share were 1.73 yuan, a year-on-year increase of 543.59%[3] - Revenue increased by 168.52% to 810,869,692.86, driven by rising prices in the storage industry[37] - Net profit attributable to parent company owners was 195,492,337.08, compared to a loss of 43,784,403.78 in the previous period[80] - Basic and diluted earnings per share were 1.73, compared to a loss of 0.39 in the previous period[80] - Total comprehensive income for the period was 195,475,603.55, compared to a loss of 45,165,074.72 in the previous period[80] - The company's operating revenue for the first quarter of 2024 was RMB 810.87 million, compared to RMB 301.97 million in the same period last year[68] Assets and Liabilities - Total assets at the end of the reporting period were 3.82 billion yuan, an increase of 16.09% compared to the end of the previous year[3] - The company's total assets increased from RMB 3.29 billion at the beginning of the period to RMB 3.82 billion at the end of the period[67] - The company's total assets increased to 3,817,336,485.88 from 3,288,196,110.77 in the previous period[78] - Total liabilities increased to 2,504,165,700.26 from 2,164,958,507.69 in the previous period[78] - Total equity attributable to parent company owners increased to 1,311,844,740.36 from 1,122,034,573.15 in the previous period[78] Cash Flow - Net cash flow from operating activities was -82.07 million yuan, compared to 13.19 million yuan in the previous period[21] - Net cash flow from investing activities was -85.82 million yuan, compared to 15.87 million yuan in the previous period[21] - Net cash flow from financing activities was 107.47 million yuan, compared to 76.20 million yuan in the previous period[21] - The company's cash and cash equivalents at the end of the period were 199.77 million yuan, compared to 154.61 million yuan in the previous period[22] - Operating cash flow decreased by 722.02% to -82,072,765.52, mainly due to increased inventory payments[38] - Investment cash flow decreased by 640.59% to -85,818,850.28, primarily due to increased fixed asset investments[38] - Financing cash flow increased by 41.04% to 107,474,416.43, supported by increased bank financing[38] - The company's cash flow from operating activities showed a significant increase in cash received from sales of goods and services[70] - The company's monetary funds decreased from RMB 274.36 million at the beginning of the period to RMB 204.66 million at the end of the period[46] Operating Costs and Expenses - Operating costs increased to 590.49 million yuan, up from 324.95 million yuan in the same period last year[19] - R&D expenses rose to 29.71 million yuan, compared to 20.78 million yuan in the previous year[19] - R&D expenses grew by 42.97% to 29,710,654.38, driven by increased R&D personnel and equity incentives[37] Accounts Receivable and Prepayments - Accounts receivable decreased by 44.87% to 232,991,258.89 due to faster customer repayments[37] - Prepaid expenses surged by 126.44% to 240,919,759.34, reflecting expanded procurement scale[37] - The company's accounts receivable decreased from RMB 422.64 million at the beginning of the period to RMB 232.99 million at the end of the period[67] - The company's prepayments increased from RMB 106.39 million at the beginning of the period to RMB 240.92 million at the end of the period[67] Contract Liabilities and Inventory - Contract liabilities rose by 842.09% to 177,137,610.36, driven by increased sales prepayments[37] - The company's contract liabilities increased from RMB 18.80 million at the beginning of the period to RMB 177.14 million at the end of the period[67] - The company's inventory increased from RMB 1.93 billion at the beginning of the period to RMB 2.49 billion at the end of the period[67] Fixed Assets and Investments - The company's fixed assets increased from RMB 43.24 million at the beginning of the period to RMB 92.69 million at the end of the period[67] Government Subsidies and Non-Recurring Gains - Government subsidies included in current profits amounted to 3.49 million yuan[35] - The company's total non-recurring gains and losses amounted to 2.94 million yuan[35] Stock Incentive Plans and Equity Adjustments - The company completed the registration and listing of its 2023 restricted stock incentive plan, granting 1.00028 million shares to 98 employees[13] - The company adjusted its 2020 stock option incentive plan, refunding a total of 7,494.55 yuan to 6 incentive objects[12] - The company adjusted the number of reserved shares in the 2023 restricted stock incentive plan from 254,520 shares to 330,876 shares, and the grant price from 24.66 yuan per share to 18.87 yuan per share[24] - The company adjusted the number of stock options from 56,350 to 73,255 and the exercise price from 7.01 to 5.29 due to the 2023 equity distribution[73] - Repurchased and canceled 30,800 restricted shares from 8 departing employees at a price of 24.66 per share plus bank deposit interest, totaling approximately 759,528[75] Fundraising and IPO - The company raised 530.8 million yuan through its initial public offering, with a net fundraising amount of 455.89 million yuan after deducting issuance-related expenses[15] - As of March 30, 2024, the company has used 456.16 million yuan of the funds raised from the initial public offering (including financial income and interest), with a remaining balance of 5.23 million yuan[25] Asset Sales and Transfers - The company completed the transfer of 85 patents, with 3 patents still under pledge and 39 software copyrights in the process of transfer[11] - The company sold its touch control business assets, as disclosed in the report[40] - The company sold its touch business assets to Zhuhai Hongpeihan Electronic Technology Co., Ltd. for RMB 24.17 million, based on an asset valuation report dated November 30, 2023[41] Short-Term Borrowings - The company's short-term borrowings increased from RMB 1.58 billion at the beginning of the period to RMB 1.69 billion at the end of the period[67] Sales Revenue and Cash Receipts - Sales revenue from goods and services received in cash increased to 1,206,054,763.01, up from 407,975,497.33 in the previous period[70] Share Issuance and Subscription - The company plans to issue shares to specific investors, with controlling shareholder Li Hu subscribing to 5%-30% of the issuance[39]

[盈利预测与财务指标 Table_Forcast] 推荐 维持评级 当前价格： 109.55 元 分析师 方竞 执业证书： S0100521120004 邮箱： fangjing@mszq.com 分析师 童秋涛 执业证书： S0100522090008 邮箱： tongqiutao@mszq.com 定增获受理，加码嵌入式存储及高端 SSD 2024 年 04 月 16 日 [Table_Author] 德明利（001309.SH）事件点评 ➢ 事件。2024 年 4 月 15 日，德明利发布公告，公司向特定对象发行股票申 请获得深圳证券交易所受理。此次发行拟募集资金不超过 12.46 亿元，发行数量 不超过发行前公司总股本的 30%。 ➢ 定增获受理，募集资金投向嵌入式存储及高端 SSD。本次发行拟募集资金总 额不超过 12.46 亿元，其中 4.54 亿元拟投入 PCIe SSD 存储控制芯片及存储模 组的研发和产业化项目，6.14 亿元拟投入嵌入式存储控制芯片及存储模组的研 发和产业化项目。相关项目有望推动公司在存储芯片领域产品优化升级，提高公 司产品技术水平和覆盖领域，实现公司产品从移动存储市场向嵌 ...