Core Insights - Kema Technology (SZ301611) reported a revenue of 857 million yuan for 2024, representing a year-on-year growth of 78.45%, and a net profit of 311 million yuan, up 279.88% [1][2] Group 1: Business Performance - The main revenue sources for Kema Technology are advanced ceramic materials components and surface treatment services for the semiconductor equipment sector [1] - In 2024, revenue from the semiconductor sector reached 692 million yuan, accounting for 90.07% of the advanced ceramic materials revenue, while revenue from the broader semiconductor sector was 32.17 million yuan, making up 4.19% [1] - The company has established itself as a leading provider of advanced ceramic materials components for semiconductor equipment in China, with applications in various processes such as etching, thin film deposition, ion implantation, photolithography, and oxidation diffusion [1] Group 2: Client Base and Market Dynamics - Kema Technology has secured certifications from leading international semiconductor equipment manufacturers and maintains stable supply relationships with major domestic clients, including North Huachuang, Zhongwei Company, Tuojing Technology, and Shanghai Microelectronics [2] - The growth in performance is attributed to the mass production of ceramic heaters for semiconductor equipment, increased global semiconductor capital expenditure, and rising downstream demand, alongside the ongoing localization of key components in China's semiconductor equipment sector [2] - Despite strong growth in the semiconductor business, the gross margin for the broader semiconductor sector has declined, with revenue of 118 million yuan in 2024, reflecting a year-on-year increase of 1.10%, but a decrease in gross margin by 3.07 percentage points compared to the previous year [2]
半导体设备关键零部件国产化不断推进，珂玛科技2024年营收、净利润双增