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晶科电子股份(02551.HK)预计上半年营收增长0%–10%,车规级器件产品订单实现大幅增长
Ge Long Hui· 2025-08-21 09:55
Core Viewpoint - Jinko Electronics Holdings Co., Ltd. (02551.HK) anticipates a slight increase in revenue for the first half of 2025, but a significant decline in net profit due to strategic investments and increased competition in the automotive sector [1][2] Group 1: Financial Performance - The company expects revenue between RMB 1.08 billion and RMB 1.178 billion, representing a year-on-year growth of approximately 0% to 10% [1] - Net profit is projected to be between RMB 10 million and RMB 20 million, reflecting a year-on-year decrease of about 60% to 80% [1] Group 2: Strategic Investments - Increased costs are attributed to the construction of the Guangzhou Lingwei Visual Greater Bay Area headquarters and R&D base, aimed at enhancing technical capabilities and order acquisition [1] - The company believes these investments will lay a solid foundation for long-term growth despite short-term cost increases [1] Group 3: Business Segments and Outlook - The company's main business segments include automotive intelligent vision, new displays, and high-end lighting, which exhibit a certain level of market resilience [2] - The new display and high-end lighting segments are expected to maintain stable growth in the first half of 2025 [2] - The automotive intelligent vision segment has seen significant year-on-year growth in orders for automotive-grade components, indicating strong product competitiveness and growth potential [2] - The board expresses confidence in the company's medium to long-term growth potential as strategic investments begin to yield benefits [2]