奥士康(002913) - 2023年5月3日投资者关系活动记录表

Revenue and Profitability - In 2022, the company achieved a revenue of 4.567 billion, representing a year-on-year growth of 3% [3] - The net profit for 2022 was 307 million, with a non-recurring net profit of 483 million [3] - The company's revenue from data center-related products accounted for over 20% of total revenue in 2022, up from 10% in 2020 [4][5] Business Segments - ICT products accounted for over 50% of revenue, while automotive and digital energy each contributed approximately 25% [3] - The automotive sector is identified as one of the two core growth areas, focusing on electrification, intelligence, and integration [7] Cost and Margin Analysis - The comprehensive gross margin for Q4 2022 was close to 28%, driven by seasonal demand and improved production efficiency [3] - The company faced significant one-time costs in Q4 2022, including 227 million related to stock option plans and losses from factory relocation [3] Production Capacity and Efficiency - The company has a total production capacity of approximately 760,000 square meters per month, with 320,000 from the Hunan base and 440,000 from the Guangdong base [6] - The introduction of large-format technology is expected to improve efficiency by over 25%, potentially increasing per capita annual output value from 600,000-800,000 to 2.5-3 million [4] Future Strategies - The company plans to enhance its digitalization efforts, maintain strategic focus, and expand its product range in PCB manufacturing [4] - There is an emphasis on expanding overseas markets, with the Thailand factory serving as a starting point for further international expansion [6] Market Outlook - The PCB industry is projected to experience a compound annual growth rate (CAGR) of 3.8% from 2022 to 2027, despite a forecasted decline of 4.1% in 2023 [7] - Key growth sectors include servers, automotive electronics, and military/aerospace, with expected growth rates exceeding 5% in the coming years [7]