新股消息 | 长光辰芯二次递表港交所 在全球CIS公司中排名第三

Company Overview - Changchun Changguang Chenshin Microelectronics Co., Ltd. (referred to as Changguang Chenshin) has submitted a listing application to the Hong Kong Stock Exchange, marking its second application this year, having previously submitted one on June 19 [1] - The company is ranked third globally among CIS (CMOS Image Sensor) companies in terms of industrial imaging revenue for 2024, holding a market share of 15.2% [1][3] Product and Technology - Changguang Chenshin specializes in the research and development of CMOS image sensors, offering nine product series applicable in advanced technology fields such as industrial imaging, scientific imaging, professional imaging, and medical imaging [3] - The company has developed a comprehensive standard product portfolio consisting of over 50 standard products and provides customized sensor solutions when standard products do not meet specific application requirements [3][4] Financial Performance - For the fiscal year ending December 31, 2022, the company reported revenues of RMB 604.4 million, with a gross profit of RMB 460.3 million, resulting in a gross margin of 76.2% [6][7] - In the fiscal year 2023, revenues are projected to be RMB 604.8 million, with a gross profit of RMB 384.0 million and a gross margin of 63.5% [6][7] - The company recorded a net loss of RMB 84.1 million in 2022, but turned profitable in 2023 with a net profit of RMB 170.0 million [8] Industry Overview - The global CIS market is expected to grow moderately from RMB 127.5 billion in 2020 to RMB 139.1 billion in 2024, with a compound annual growth rate (CAGR) of 2.2% [9] - The industrial imaging and scientific imaging segments are projected to grow faster than the overall CIS market, driven by increasing demand in high-value applications such as automotive, industrial vision, and medical imaging [13][14] - The professional-grade CIS market is expected to maintain stable growth, reaching RMB 9.1 billion by 2029, driven by demand for high-quality imaging in drones, sports cameras, and personal content creation [12]