鼎龙股份2024年盈利5.21亿 新业务实现突破

Core Insights - Dinglong Co., Ltd. reported strong financial performance for 2024 and Q1 2025, with significant revenue and profit growth [1] - The semiconductor segment has become a key driver of the company's revenue, with a notable increase in its contribution to total income [1][2] Financial Performance - In 2024, the company achieved operating revenue of 3.338 billion yuan, a year-on-year increase of 25.14%, and a net profit attributable to shareholders of 521 million yuan, up 134.54% [1] - For Q1 2025, operating revenue reached 824 million yuan, reflecting a 16.37% year-on-year growth, while net profit was 141 million yuan, marking a 72.84% increase [1] Business Segments - CMP polishing materials and display materials have seen substantial growth, contributing to the overall performance [1] - The CMP polishing pad business generated sales revenue of 716 million yuan in 2024, up 71.51%, with record monthly sales achieved [2] - CMP polishing liquids and cleaning liquids reported sales of 215 million yuan, a remarkable increase of 178.89% [2] - The semiconductor display materials segment achieved sales of 402 million yuan, growing by 131.12% [2] Semiconductor Segment Growth - The semiconductor segment's revenue accounted for 45.5% of total operating income in 2024, with a significant year-on-year growth of 77.40%, totaling 1.52 billion yuan [1][2] - The company has made strides in high-end wafer photoresist products, securing orders from major domestic wafer manufacturers [2] Market Position and Strategy - The company is positioned as a leading domestic supplier of semiconductor materials, benefiting from recent changes in international trade policies that may enhance domestic production capabilities [3] - The ability to control core raw materials domestically is expected to facilitate customer acquisition and market share expansion [3]