水晶光電(002273.SZ):新產品的毛利率會保持比較好的水平
格隆匯7月27日丨有投資者向水晶光電(002273.SZ)提問:關於終端訂單減少,以及供應鏈價格下降,請問公司有受到影響嗎?
水晶光電回覆:終端給供應商的需求是有結構的,在需求中,中高端機型的需求受到的影響會比較小。同時除了預訂單,終端也會根據實際銷售情況調整或者追加需求,追加需求的也主要來自於中高端機型。
價格下降的趨勢不可避免,但降價的主要是傳統產品,降價空間來自於材料加工費用的下降以及良率的提升。新產品在量產初期良率低,價格高是合理的,隨着加工工藝改進、管理效率提升以及良率提高,溢出的利潤要返還給客户,所以降價對優秀的供應商來説毛利率不會受到太大影響。同時水晶也跟着客户不斷開發供應新的產品,新產品的毛利率會保持比較好的水平。
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