西安奕斯伟材料科技股份有限公司2025年年度业绩预告

Performance Forecast - The company forecasts a revenue of approximately 2,650 million yuan for 2025, representing an increase of about 528.55 million yuan or 24.91% compared to the previous year [3] - The company expects a net loss attributable to shareholders of approximately -738 million yuan, which is roughly in line with the previous year's loss [3] - The net loss attributable to shareholders after deducting non-recurring gains and losses is projected to be around -809 million yuan, an increase of approximately 46.45 million yuan or 6.09% compared to the previous year [3] Previous Year Performance - In the previous year, the total profit was -737.64 million yuan, with a net loss attributable to shareholders also at -737.64 million yuan [5] - The net loss attributable to shareholders after deducting non-recurring gains and losses was -762.55 million yuan [5] - The earnings per share for the previous year was -0.21 yuan [6] Industry Context - The global semiconductor industry is entering a structural recovery phase, driven by increased demand from applications such as artificial intelligence and data centers [7] - The global semiconductor market is expected to grow by 22.5% year-on-year in 2025 according to the World Semiconductor Trade Statistics organization [7] - The semiconductor wafer market is projected to see a shipment area increase of 5.4% year-on-year in 2025, benefiting the company as it capitalizes on the recovery window [7] Operational Insights - The company is actively expanding its market presence and capacity during the industry recovery, leading to sustained growth in operational scale [7] - Despite the positive market environment, there is a lag in demand transmission from downstream customers to the semiconductor wafer segment [8] - The company is currently in a capacity ramp-up phase for its second factory, and ongoing product structure optimization is in progress [8] - The company maintains positive operating cash flow, indicating good sustainable operational capability [8] - Future improvements in profitability are anticipated as the semiconductor wafer market continues to recover and as the company realizes scale effects [8]