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研報掘金丨中郵證券:維持晶合集成“買入”評級,DDIC繼續鞏固優勢
格隆匯 03-12 15:38
中郵證券研報指出,晶合集成(688249.SH)24年實現歸母淨利潤5.33億元,同比+151.67%。2024年,公司訂單充足,整體產能利用率維持高位,單位銷貨成本下降,公司綜合毛利率預計爲25.56%,較上年同期預計增加3.95個百分點。經財務部門初步測算,2024年公司主要產品DDIC、CIS、PMIC、MCU佔主營業務收入的比例分別約爲67.53%、17.22%、8.80%、2.47%,DDIC繼續鞏固優勢,CIS成爲公司第二大主軸產品,其他產品競爭力持續穩步增強。此外,公司將加強與戰略客戶的合作,加快推進OLED產品的量產和CIS等高階產品開發。維持“買入”評級。
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