颀中科技 20250821 摘要 2025 年第二季度，合肥颐中科技毛利率回升至 31.3%，营业利润率达 14.3%，税后净利润为 6,900 万元，每股收益 0.06 元，显示扩产效益， 但税后净利润同比仍衰退 18%。 2025 年上半年，合肥颐中科技营收 9.95 亿元，同比增长 6.6%，毛利 率 27.7%，营业费用 1.56 亿元，同比增长三成，税后净利润 9,900 万 元，每股收益 0.08 元。全年毛利率预计稳守 30%以上。 2025 年上半年，12 寸制程收入占比 84%，8 寸制程占比 16%。高清 电视占营收 38%，智能手机 44%，笔电 7%，显示器约 5%，电子标签 1%，平板 2%。电源管理 IC 营收占比 73%，射频为 17%。 截至 2025 年 6 月底，公司货币资金 10.46 亿元，总资产 69.3 亿元， 总负债 8 亿元，负债率 12%，股东权益 60.73 亿元，流动比例 3.41， 负债权益比 0.04，财务状况稳健。 大尺寸 TV 的 COF 稼动率较高，平均 85%至 90%。Q3 各制程段均有 增长预期，高阶测试机几乎满载。研发人员扩充集中在非显示 ...

Core Viewpoint - The company, Runxin Technology, has reported a steady growth in revenue and net profit for the fiscal year 2024, driven by its focus on AIoT, automotive electronics, and audio sensors, while also emphasizing its strategic partnerships and technological innovations in the semiconductor industry [4][5]. Company Overview - Runxin Technology specializes in the distribution, application design, and technological innovation of wireless communication ICs, RF ICs, and sensors, positioning itself as a leading provider of IC products and solutions in China [3]. - The company collaborates with major suppliers such as Qualcomm and has established a strong customer base including Midea Group and DJI [3]. Financial Performance - For the fiscal year 2024, the company reported a revenue of 2.596 billion yuan, representing a growth of 20.16% compared to 2023 [4]. - The net profit attributable to shareholders for 2024 was 36.37 million yuan, an increase of 2.07% from the previous year [4]. - The net profit after deducting non-recurring gains and losses was 34.50 million yuan, reflecting a growth of 10.17% year-on-year [4]. - The adjusted net profit, excluding the impact of stock option expenses, was 50.81 million yuan for 2024, up 57.54% from 32.25 million yuan in 2023 [4]. Business Development - The company has seen robust business development in AIoT smart modules, automotive electronics, and audio sensors during the reporting period [4]. - Runxin Technology is enhancing its AIoT chip business capabilities by investing in edge computing and sensor integration technologies, aiming to meet the increasing demand for hardware performance in AI applications [5][6]. - The company has launched customized wireless smart appliance chips and has seen a 42.22% increase in sales from its self-developed and customized chip business, totaling 176 million yuan [6]. Technological Innovations - The company is actively involved in the development of innovative technologies such as AI and edge computing, which are expected to create new business opportunities [5]. - Runxin Technology is collaborating with the National Intelligent Sensor Innovation Center to develop integrated sensor solutions and enhance its technological capabilities in MEMS sensors [5]. - The introduction of Chiplet heterogeneous stacking technology aims to improve production efficiency and reduce costs, catering to diverse customer needs [6].