立昂微(605358) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company forecasts H1 2025 revenue of approximately 1.666 billion CNY, a 14.20% increase, while net loss attributable to shareholders is expected to be 121 million CNY, an 80.98% increase in loss, with EBITDA growing 16.94% to 471 million CNY Key Financial Performance Forecast for H1 2025 | Metric | H1 2025 (Forecast) (million CNY) | H1 2024 (Prior Period) (million CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | Approx. 1,666.00 | 1,458.86 | Approx. +14.20% | | Net Profit Attributable to Shareholders | Approx. -121.00 | -66.86 | Approx. +80.98% (Loss Widened) | | Net Profit Attributable to Shareholders (Excl. Non-recurring Items) | Approx. -120.00 | -41.59 | Approx. +188.52% (Loss Widened) | | EBITDA | Approx. 471.26 | 402.99 | Approx. +16.94% | Prior Period Performance Review In H1 2024, the company achieved 1.459 billion CNY in operating revenue, with a net loss attributable to shareholders of 66.86 million CNY and EBITDA of 403 million CNY Key Financial Performance for H1 2024 | Metric | H1 2024 Performance | | :--- | :--- | | Operating Revenue | 1,458.86 million CNY | | Net Profit Attributable to Shareholders | -66.86 million CNY | | Net Profit Attributable to Shareholders (Excl. Non-recurring Items) | -41.59 million CNY | | EBITDA | 402.99 million CNY | | Earnings Per Share | -0.10 CNY/share | Analysis of Forecasted Loss The expanded net loss is primarily due to increased depreciation from new production lines, significant inventory impairment provisions, and reduced profits from an acquired associate, despite sales growth in core products Analysis of Main Business Impact Core product sales, including semiconductor silicon wafers and power device chips, grew, but net profit was impacted by increased depreciation, significant inventory impairment, and reduced profits from an acquired associate Key Product Sales Performance | Product Category | Sales Volume (10k pieces) | YoY Change | QoQ Change | | :--- | :--- | :--- | :--- | | Semiconductor Silicon Wafers (6-inch equivalent) | 927.86 | +38.72% | +9.95% | | Of which: 12-inch Silicon Wafers | 81.15 | +99.14% | +16.68% | | Semiconductor Power Device Chips | 94.20 | +4.48% | +2.12% | | Compound Semiconductor RF Chips | 1.37 | -22.36% | -38.69% | - The decline in compound semiconductor RF chip sales is due to the company's proactive adjustment of sales structure, reducing sales of negative gross margin products, leading to an 18.96% year-on-year increase in average selling price[14] - Three main reasons for the decline in net profit: - Increased Depreciation and Amortization: Production expansion projects led to an approximate 73.7 million CNY year-on-year increase in depreciation and amortization costs[14] - Inventory Impairment Provision: Approximately 96 million CNY in inventory impairment provision was recognized based on prudence principles[14] - Acquisition Impact: Acquisition of an associate by a subsidiary resulted in an approximate 17.86 million CNY reduction in profit[14] Impact of Non-Operating Gains and Losses Non-recurring losses decreased by approximately 24.35 million CNY year-on-year, primarily due to reduced fair value changes in held listed company shares - Non-recurring losses attributable to shareholders decreased by approximately 24.35 million CNY year-on-year, mainly due to reduced fair value changes in listed company shares held[15] Risk Warning The company states that the performance forecast data is unaudited and contains no material uncertainties affecting its accuracy - The performance forecast data has not been audited by a certified public accountant[16] - The company declares no material uncertainties exist that would affect the accuracy of this performance forecast[16] Other Disclosures The company emphasizes that the forecast data is preliminary, and final accurate financial data will be based on the official H1 2025 semi-annual report - The above forecast data is preliminary, and the final accurate financial data will be subject to the company's officially disclosed H1 2025 semi-annual report[17]