电子行业跟踪报告：2024年业绩预喜率较高，继续关注AI端侧及自主可控板块

Investment Rating - The report maintains an "Outperform" rating for the electronic industry [5] Core Insights - The SW electronic industry has a high earnings forecast disclosure rate of approximately 59.5%, which is above the overall A-share market disclosure rate of 52.1% [1][14] - The industry shows a positive earnings forecast rate of about 44.52%, surpassing the overall A-share market's positive earnings proportion of 33.7% [2][19] - The total net profit for the SW electronic industry is expected to reach 45.905 billion yuan in 2024, representing a significant year-on-year increase of 431.4% compared to 8.639 billion yuan in 2023 [3][20] - Approximately 60.4% of companies in the industry are expected to see improved profit performance, with 32.9% of companies projecting year-on-year growth [3][20] Summary by Sections Earnings Forecast Disclosure - A total of 283 companies in the SW electronic industry have disclosed their earnings forecasts for 2024, with a disclosure rate of 59.5%, which is higher than the overall A-share market [1][14] - The disclosure rates for different boards within the industry are as follows: North Exchange (41.2%), ChiNext (59.9%), Sci-Tech Innovation Board (63.9%), and Main Board (57.1%) [2][16] Profitability Improvement - The total net profit forecast for the SW electronic industry is 45.905 billion yuan, a substantial increase from 8.639 billion yuan in 2023, indicating a recovery in profitability [3][20] - Among the 280 companies with disclosed profit forecasts, 169 are expected to improve their profit performance, with 92 companies projecting year-on-year growth [3][20] Investment Recommendations - The report suggests focusing on companies with year-on-year profit growth and those turning losses into profits, particularly in the AI application and self-controlled chip sectors [3][24]