杭州立昂微电子股份有限公司2025年年度业绩预告

Core Viewpoint - The company, Hangzhou Lian Microelectronics Co., Ltd., anticipates a significant reduction in losses for the fiscal year 2025, with projected revenues increasing by approximately 16.26% compared to the previous year, despite still reporting a net loss [2][4]. Financial Performance Summary - The company expects to achieve an operating revenue of approximately 359,500.00 million yuan for 2025, reflecting a year-on-year increase of about 16.26% [2][4]. - The projected net loss attributable to shareholders is around 12,100.00 million yuan, which represents a reduction in losses of approximately 54.47% compared to the previous year [2][4]. - The net profit attributable to shareholders after excluding non-recurring gains and losses is expected to be a loss of about 16,100.00 million yuan, indicating a year-on-year reduction in losses of approximately 39.46% [2][4]. - The company anticipates an EBITDA of approximately 112,000.00 million yuan, which is an increase of about 75.91% compared to the previous year [4]. Previous Year Comparison - In the previous year, the company reported an operating revenue of 309,231.66 million yuan [6]. - The net loss attributable to shareholders was 26,575.71 million yuan [7]. - The net profit attributable to shareholders after excluding non-recurring gains and losses was a loss of 26,595.86 million yuan [8]. - The EBITDA for the previous year was 63,669.83 million yuan [9]. Reasons for Performance Changes - The primary reasons for the change in net profit include increased depreciation and amortization expenses due to expansion projects, which amounted to approximately 112,370.00 million yuan, an increase of about 18,463.00 million yuan year-on-year [11]. - The company made a provision for inventory impairment of approximately 12,560.00 million yuan during the reporting period [11]. - Interest expenses related to convertible bonds were recorded at 13,540.00 million yuan [11]. - The acquisition of minority shares in a subsidiary led to a profit reduction of about 4,310.00 million yuan [11]. Business Segment Performance - The semiconductor silicon wafer segment showed a recovery in profitability, with average sales prices increasing and production scale expanding, particularly for 12-inch wafers, which saw significant growth in sales volume [12]. - The sales volume of semiconductor silicon wafers (equivalent to 6-inch) was approximately 1,939.41 million pieces, a year-on-year increase of about 28.20%, with 12-inch wafer sales increasing by approximately 61.90% [13]. - The revenue from the semiconductor silicon wafer business is expected to be around 267,867.85 million yuan, a year-on-year increase of about 19.66% [14]. - The revenue from the semiconductor power device chip business is projected to be 84,386.52 million yuan, a slight decrease of about 2.16% [14]. - The revenue from compound semiconductor RF and optoelectronic chips is expected to be approximately 32,744.47 million yuan, reflecting a year-on-year increase of about 10.84% [14]. Non-Recurring Gains and Losses - The company experienced a significant increase in non-recurring gains and losses, with a year-on-year increase of approximately 39.95 million yuan, primarily due to the appreciation of stock holdings and gains from the disposal of certain stocks [15].