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華工科技(000988.SZ):在無線&傳送領域一直是全球NO.1
格隆匯 04-20 10:15

格隆匯4月20日丨華工科技(000988.SZ)於2023年4月18日召開業績説明會,就“公司一季度聯接業務的光聯接和無線聯接營收均有下降,是由於對低毛利產品佈局的收縮還是行業需求的原因?”,公司回覆稱,一季度從大環境來看,不僅僅體現在光通信,在消費、網絡以及整個大環境來看都是淡季。

公司聯接業務分為兩個業務板塊。一是光模塊業務,一季度整體收入較去年同期是增加的。光模塊業務分為三個應用場景:第一個是無線&傳送,在無線&傳送領域,我們一直是全球NO.1。我們在無線&傳送所有型號和份額都是第一,Q1無線&傳送光模塊整體收入與上年同期是穩步增長的;第二個是數據中心:我們現有的數據中心業務以國內為主,現在正加快在北美市場擴大業務成果。一季度數中心業務在淡季中實現逆勢增長,毛利水平也是快速提升;第三個是接入,公司近兩年重新迴歸OLT光模塊,加上去年底關鍵設備商降價,導致接入產品毛利不太好。我們在去年底全面導入國產化方案,以提升產品毛利水平,再這樣的環境下,一季度整體光模塊業務的毛利水平仍提升了0.3個百分點。

公司聯接業務營收下降的主要原因是無線小站業務下降,主要受運營商建設週期延後的影響。近年來受疫情等因素影響,5G建設週期並不規律,在今年來看,國內市場主要的幾大運營商基本都在4月份開始啟動5G建設,5月份之後,到三季度和四季度會是運營商的建設高峯,未來幾年它有望迴歸正常的週期。同時在小站業務上,我們從中高附加值往中低附加值場景轉變,今年的轉折點之後,我們未來會有超千萬台到幾千萬台的量,從整個持續性和場景的分佈上,以及價值貢獻上還是可以長期看好的。

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