Oriental Semi(SH:688261)2024-11-14 08:44Company Overview - Suzhou Dongwei Semiconductor Co., Ltd. focuses on high-performance power device R&D and sales, offering products like high-voltage super junction MOSFETs, medium and low-voltage shielded gate MOSFETs, TGBT products, and SiC MOSFETs [1] - The company targets industrial and automotive applications, including photovoltaic inverters, energy storage, electric vehicle onboard chargers, DC charging piles, 5G base station power supplies, data center power supplies, and industrial lighting [1] Financial Performance - For the first three quarters of 2024, the company reported revenue of CNY 680.518 million, a decrease of 11.62% year-on-year [1] - Net profit attributable to shareholders was CNY 30.638 million, down 76.73% compared to the previous year [2] - The net profit after deducting non-recurring gains and losses was CNY 4.296 million, a significant decrease of 96.37% year-on-year [2] - Despite the overall decline, the company experienced a quarter-on-quarter growth trend in revenue and net profit, with notable increases in shipments for onboard chargers and communication power supplies [2] Product Differentiation - The company operates under a Fabless model, distinguishing itself from other domestic power semiconductor firms [2] - The diverse demand in the power semiconductor sector leads to a wide range of product specifications, allowing for the creation of thousands of product models [2] - The company aims to build competitive barriers and create differentiated advantages in the market [2] Future Development - Future R&D will focus on enhancing product categories in industrial and automotive sectors, aligning with market demands [3] - The company plans to adjust its product structure and direction to better respond to market competition [3] - Marketing strategies will prioritize the domestic market while gradually expanding into overseas markets, considering geopolitical and monetary policy impacts [3]