http://www.huajinsc.cn/ 1 / 3 请务必阅读正文之后的免责条款部分 下 | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

华 发 集 团 旗 下 企 业 | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------|-------------------------------|-----------------------------------------------------------------------------------|--------------------------------------|----------------| | 2024 年 11 月 14 日 \n集成电路 | | | 行业研究●证券研究报告 \n行业动态分析 | | | 封测板块 Q3 总结：前三季度业绩同比改善， | 投资评级 | | 领先大市(维持 | ) | | 尖端先进封测 /AI 相关或为 25 年主旋律 | 首选股票 | | | 评级 | | 投资要点 | | | | | | 封测板块毛利率自 24Q1 呈恢复趋势，仍未及 23Q4 水平。 ...

华 发 集 团 旗 下 企 业 | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------|---------------------|-------------------------------------------------------------------------------|----------------------------------|----------------| | 2024 年 11 月 13 日 \n通信 \n卫星出海迎新机遇，北斗产业规模化发展开启 | 投资评级 | 领先大市（维持） | 行业研究●证券研究报告 \n行业快报 | | | | 首选股票 | | | 评级 | | 投资要点 | 002465.SZ | 海格通信 | 增持 | -B | | | 001270.SZ | 铖昌科技 | 增持 | -B | | 事件：近日，据巴西里约时报在线网站披露，巴西准备引入中国卫星互联网服务 | | ...

华 发 集 团 旗 下 企 业 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------|-------------------------------------------|----------------------------------|----------------------------------|----------------| | 2024 年 11 月 12 日 \n传媒 \n长周期、多渠道、多形式营销助力双十一 | 投资评级 | 领先大市（维持） | 行业研究●证券研究报告 \n行业快报 | | | | | | | | | | | | | | | 投资要点 | 首选股票 | | | 评级 | | | | | | | | 事件：今年双十一，各电商平台提前布局，其中直播电商平台的抖音在 10 月 8 | | | | | | 日开启，快手于 10 月 10 日进入预热阶段；综合电商平台的淘天、京东、拼 ...

Investment Rating - The investment rating for the company is maintained at "Accumulate" [1][4][7] Core Views - The company has raised its revenue forecast for the full year 2024 to a range of 56.00 to 58.80 billion yuan, up from a previous estimate of 53.00 to 58.80 billion yuan, indicating strong performance in Q4 2024 [1][4] - The expected revenue for Q4 2024 is projected to be between 16.23 and 19.03 billion yuan, representing a year-on-year growth of 42.40% to 66.96% and a quarter-on-quarter growth of 3.22% to 21.02% [1][4] - The company is benefiting from strong demand in the semiconductor equipment sector, with significant progress in new customer acquisition and market development [1][4] Revenue and Profit Forecast - Revenue projections for 2024 to 2026 are updated to 56.77 billion yuan, 70.39 billion yuan, and 84.47 billion yuan respectively, with growth rates of 46.0%, 24.0%, and 20.0% [4][5] - Net profit forecasts for the same period are 11.42 billion yuan, 15.20 billion yuan, and 18.90 billion yuan, with growth rates of 25.4%, 33.1%, and 24.3% [4][5] Financial Data - The company reported a revenue of 15.73 billion yuan in Q3 2024, a year-on-year increase of 37.96% and a quarter-on-quarter increase of 6.09% [1][5] - The gross profit margin for Q3 2024 was 45.09%, a decrease of 10.27 percentage points year-on-year [1][5] - The company’s total assets are projected to reach 11,649 million yuan by 2024, with total liabilities of 4,321 million yuan [6][5] Market Position and Strategy - The company is positioned as a leader in cleaning and plating equipment, with a strategy focused on technological differentiation and product platformization [1][4] - The company has successfully established a comprehensive product portfolio covering approximately 200 billion USD market [1][4] - The new production facility in Lingang is expected to generate over 10 billion yuan in output value [1][4]

http://www.huajinsc.cn/ 1 / 5 请务必阅读正文之后的免责条款部分 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------|-------------|----------------------------------------|---------------------------------------|--------------------------------------| | 2024 年 11 月 12 日 \n华海诚科（ 688535.SH ） \n全面收购华威电子，共铸环氧塑封料领军企业 | 投资评级 | | 公司研究●证券研究报告 \n电子 \| | 公司快报 \n半导体材料Ⅲ \n增持(维持 ) | | 投资要点 | 股价 | (2024-11-11) | | 92.81 元 | | 2024 年 11 月 11 日，华海诚科发布公告，拟购买华 ...

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华 发 集 团 旗 下 企 业 | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------|------------------------------------------------------|----------------------------------|----------------------------------|--------| | 2024 年 11 月 11 日 \n传媒 \nAI 改善营销效果，应用内推广拓宽场景 | 投资评级 | 领先大市（维持） | 行业研究●证券研究报告 \n行业快报 | | | | | | | | | | | | | | | 投资要点 | 首选股票 | | 评级 | | | | | | | | | 事件： AppLovin 公司（ NASDAQ: APP ）于北京时间 7 日发布的 2024 年第三季 | | | | | | 度财报显示，收入为 12 亿美元，同比增长 39% ；净收入 ...

| --- | --- | --- | --- | --- | |-------------------------------------------------------------------------------------|------------------------------------------------------------|----------------------------|----------------------------------|--------| | 2024 年 11 月 11 日 \n半导体 | | | 行业研究●证券研究报告 \n行业快报 | | | 索尼 CIS 稼动率满载，行业供需格局加速优化 | 投资评级 | | 领先大市(维持 | ) | | 投资要点 | 一年行业表现 | | | | | 索尼 CIS 稼动率满载， SK 海力士退出行业格局加速优化 | | | | | | 索尼 FQ2-2024（2024.7.1~2024.9.30 ）图像传感器实现收入 5034.94 亿日元， | | | | | | 同比增长 33.96% ，环比增长 ...

华 发 集 团 旗 下 企 业 | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------|---------------------------------------|----------------------------------|--------| | 2024 年 11 月 10 日 \n半导体 | | | 行业研究●证券研究报告 \n行业快报 | | | 美国审查五家设备厂商，设备国产化替代迫在 | 投资评级 | 领先大市 | | (维持) | | 眉睫 | 一年行业表现 | | | | | 投资要点 | | | | | | 美国审查五家设备厂商，设备国产化替代迫在眉睫 | | ...