证券日报网讯 达利凯普11月12日在互动平台回答投资者提问时表示，截至目前，公司产能充足。公司 射频微波MLCC产品型号较多，公司的销售根据产品系列、尺寸规格、容值等因素影响，定价不同。截 至2025年11月10日收盘，公司股东总户数为20，028户。 （编辑 任世碧） ...

Group 1 - The company, Dali Cap (301566), focuses on the research, development, production, and sales of capacitors, primarily RF microwave MLCCs [1] - The products are applicable in 5G base stations, indicating a strategic alignment with emerging technology trends [1]

Financial Performance - In 2024, the company's operating revenue was 323.34 million CNY, a decrease of 6.47% compared to the previous year [3] - The net profit attributable to shareholders, excluding non-recurring gains and losses, decreased by 0.58% year-on-year, with a slower decline compared to 2023 [3] - In Q1 2025, the operating revenue reached 100.84 million CNY, an increase of 25.31% year-on-year [3] - The net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 58.78% year-on-year in Q1 2025 [3] - The net cash flow from operating activities increased by 349.38% year-on-year [3] - Basic earnings per share grew by 85.71% compared to the same period last year [3] Market and Strategic Outlook - The company is focusing on optimizing operational efficiency and enhancing market competitiveness to stabilize stock prices [3] - The company has no current plans for stock buybacks and will adhere to legal disclosure obligations [6] - The company is committed to strict compliance with legal regulations regarding information disclosure related to its strategic layout [6][8] Product and Industry Insights - The company's products are applicable in semiconductor equipment, RF power supplies, and various high-end electronic components [10] - The RF microwave MLCC products are crucial in communication, radar, and medical fields, indicating a positive industry outlook [12] - The company has established a sales team capable of covering both domestic and international markets, enhancing customer service [6] Customer and Order Management - As of the end of 2024, accounts receivable amounted to approximately 89.44 million CNY, reflecting a growth of about 5% year-on-year [13] - The company will adjust production capacity based on market demand and customer orders to ensure efficient operations [12]

Company Overview - The company specializes in the research, development, manufacturing, and sales of RF microwave ceramic capacitors, providing high-performance and reliable electronic components [2][4] - Main products include RF microwave MLCC and SLCC, characterized by high Q value, low ESR, high self-resonant frequency, and high reliability, widely used in civilian and military RF microwave circuits [2][4] Business Model - The company employs a self-production model, combining sales-driven production and inventory-based production to enhance capacity utilization and timely delivery [5] - The procurement strategy includes a combination of sales-driven procurement and inventory-based procurement, ensuring production continuity and efficiency [5] - Sales are primarily conducted through direct sales to downstream customers, supported by a nationwide sales team with capabilities for overseas expansion [6] Research and Development - The R&D efforts are overseen by the chief engineer, with a dedicated technical department managing various projects, including new product development and material research [8] - R&D projects are categorized into external and internal projects, with a structured process for project planning, execution, and evaluation [8] Industry Position - The company holds a leading position among domestic RF microwave MLCC suppliers, being one of the few that master the entire production process from raw material preparation to testing [8] - The company has established a significant market presence in both civilian and military sectors, with products validated by well-known customers [8] - In the reporting period, the company achieved operating revenue of approximately 323.34 million yuan, a decrease of 6.47% year-on-year, and a net profit of approximately 113.77 million yuan, down 8.86% year-on-year, primarily due to a slowdown in industry growth and decreased customer demand [8]