Core Viewpoint - 华虹公司 reported a significant decline in net profit for Q1 2025 despite an increase in revenue, indicating challenges in the semiconductor industry due to rising costs and external factors [1][2] Group 1: Financial Performance - 华虹公司 achieved operating revenue of 39.13 billion yuan in Q1 2025, representing a year-on-year growth of 18.66% [1] - The net profit attributable to shareholders was 22.76 million yuan, a substantial decrease of 89.73% year-on-year [1] - The company’s Q1 sales revenue was reported at 541 million USD with a gross margin of 9.2%, aligning with guidance [2] Group 2: Operational Insights - The increase in net profit decline was primarily due to higher R&D investments, reduced tax credits, and increased foreign exchange losses, partially offset by rising gross profit [1] - 华虹's manufacturing capacity ramp-up is on track, positively impacting revenue growth, product mix optimization, and core competitiveness [2] - The company anticipates Q2 main business revenue to be between 550 million USD and 570 million USD, with a gross margin expected to be between 7% and 9% [2] Group 3: Market Environment - The semiconductor industry faces significant uncertainty regarding customer demand, procurement costs, and supply chain dynamics due to recent international changes and policy shifts [2] - 华虹 plans to enhance R&D capabilities, expand effective capacity, and actively explore market opportunities while managing potential supply chain disruptions [2]

中芯国际5月8日晚发布的2025年一季报显示，公司一季度实现营业收入163.01亿元，同比增长29.4%； 归母净利润为13.56亿元，同比增长166.5%。 中芯国际称，公司净利润大幅增长的主要原因是晶圆销量上升、产品组合变化。 中芯国际第一季度产能利用率为89.6%，相对于2024年一季度的80.8%、2024年第四季度的85.5%均有不 同程度的提升。 中芯国际表示，预计二季度公司收入环比下降4%至6%，毛利率预计为18%至20%。今年下半年机遇和 挑战并存，公司将提升应变和抵抗风险能力，保持定力，做好本业，做好当下。 【导读】2025年一季度，大基金分别减持中芯国际、华虹公司6597.72万股、633.3万股 目前，中芯国际的第三大流通股股东为国家集成电路产业投资基金股份有限公司旗下全资孙公司鑫芯 (香港)投资有限公司。 5月8日晚间，国内两大晶圆代工巨头中芯国际、华虹公司披露2025年一季报。数据显示，一季度，中芯 国际净利大增166.5%，华虹公司则增收不增利，净利大降89.73%。 值得注意的是，一季度，俗称"大基金"的国家集成电路产业投资基金股份有限公司旗下全资孙公司鑫芯 (香港)投资有限公司 ...