開盤10分鐘漲停！泰凌微上半年業績“炸裂”，端側AI景氣度爆棚
A股進入中報預告披露期，業績高增個股備受青睞。
今日，AI端側個股泰凌微開盤十分鐘後漲停，最新報48.16元/股，逼近歷史最高價49.36元/股。
截至目前，漲停成交額4.5億元，最新總市值爲115.9億元。
去年9月18日，泰凌微的股價觸及歷史新低15.12元/股，隨後一路走高，至今累計漲超208%，4月9日以來累計漲幅超46%。
上半年淨利潤超去年全年
昨日盤後，泰凌微公告，預計今年上半年實現營業收入爲5.03億元左右，同比增長37%左右；歸母淨利潤爲9900萬元左右，同比增長267%左右；扣非淨利潤爲9500萬元左右，
同比增長265%左右。
值得注意的是，泰凌微上半年還計提股份支付費用約2200萬元，若剔除這部分影響，淨利潤約1.19億元，同比增加269%左右。
泰凌微預計，上半年淨利率爲19.7%左右，相比去年同期淨利率7.38%有明顯提升；毛利率約50.7%，相比去年同期的46.18%增長4.52個百分點左右。
泰凌微的這份業績非常炸裂，僅上半年的淨利潤就已經超過了去年全年的，且毛利率再創歷史新高。
端側AI芯片Q2銷售額達千萬元
據泰凌微介紹，業績大增主要得益於客戶需求增長、新客戶拓展以及新產品開始批量出貨。
泰凌微的各產品線收入均有增加，多模和音頻產品線增幅明顯，BLE產品線收入亦有較大增長。
其中，新推出的端側AI芯片憑藉卓越性能與創新特性，迅速贏得了客戶的高度認可和青睞，並進入規模量產階段，二季度的銷售額就已經達到人民幣千萬元規模。
該產品還屬於剛剛起量的階段，收入就已經這麼高了，隨着未來滲透率繼續增加，潛力可期。
Matter芯片在海外智能家居領域開始了批量出貨。
國內首家通過認證的支持Channel sounding（高精度室內定位）等新功能的BLE
6.0芯片在全球一線客戶率先進入大批量生產。
新推出的WiFi芯片也實現了批量出貨。
音頻業務上，新進入的頭部客戶已開始實現大批量出貨，原有客戶的出貨量也持續增長。
與此同時，泰凌微的海外業務快速擴張，境外收入佔比較去年同期進一步提升。
展望未來，華安證券預計，泰凌微2025-2027年分別實現歸母淨利潤1.93億、2.84億、3.87億元，EPS分別爲0.80、1.18、1.61元，對應PE分別爲47.91倍、32.59倍、23.97倍，給予“買入”評級。
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.
