兆馳股份(002429.SZ)：預計上半年淨利潤同比上升35%至45%
格隆匯7月13日丨兆馳股份(002429.SZ)公佈，預計上半年淨利潤71,082.45萬元至76,347.82萬元，比上年同期上升35%至45%，扣非淨利潤60,433.70萬元至65,699.07萬元，比上年同期上升36.75%至48.66%。
2023年，公司一方面開拓北美市場高端新客户，另一方面助力核心客户快速提升市場份額，並一度單月成為北美市場佔有率第二的品牌方，公司訂單大幅增長。同時在面板價格快速上升的背景下，公司提升運營效率鎖定交易價格，公司上半年電視ODM出貨量532萬台，較去年同期增長35.7%，以液晶電視為核心產品的智慧顯示板塊利潤同比增長強勁。
產能方面，LED氮化鎵芯片擴產項目在2023年4月開始放量，並於6月底已經實現氮化鎵產能100萬片(4寸片)，為公司提升MiniRGB、MiniBLU、高端照明等高附加值市場份額提供源動力。芯片尺寸微縮可以實現在同等光效的前提下，MiniRGB芯片成本直線下降，並助力MiniLED顯示產業鏈持續降本。產品方面，LED市場需求企穩復甦，下游訂單充足，在保證公司滿產滿銷的前提下，公司提升了應用在普通照明市場的LED芯片產品價格，並基於產能釋放提升中高端照明產品的結構佔比、並開拓更多的MiniLED背光及顯示市場的市場份額，2023年Q2，公司LED芯片產品同時實現量價齊升，中高端產品佔比提升。
公司通過核心技術突破解決了阻礙COB技術大規模普及的行業痛點，如直通良率低、檢測返修難和顏色/墨色一致性問題，最終實現COB的成本端大幅下降。也因成本端的大幅下降，將會在小間距市場替代SMD技術成為最優技術路徑，並同時推動P1.0以下MiniLED市場規模爆發。兆馳晶顯目標在技術、工藝及規模上成為全球MiniLED龍頭企業。2023年上半年，COB技術已實現P0.65-P1.87點間距全覆蓋，2023年下半年，公司將推出一系列MiniLEDCOB高端電視，推動MiniLED顯示走進C端家庭場景。2023年上半年，公司以現有600條COB顯示模組大規模生產，產能及在手訂單充足，2023年下半年，公司後續擴產的產線將陸續到位並投產，預計將在下半年為公司貢獻更多的利潤。隨着MiniLED顯示應用規模爆發，未來COB直顯將會成為公司LED產業鏈中重要的業績增長點。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app！
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
