On February 24,Ming MicroelectronicsThe 2023 Performance Express Announcement was released.The announcement shows that the company will achieve a total ofrevenueRMB 646 million, down 5.71% year on year;The net profit attributable to the parent company was - 0.87 billion yuan, down 914.51% year on year.The company's performance in 2023 is lower than that of last year.
From 2019 to 2023, the company will achieve totalrevenue463 million yuan, 525 million yuan, 1.251 billion yuan, 685 million yuan, 646 million yuan;The year-on-year changes were 18.37%, 13.47%, 138.21%, -45.28% and -5.71% respectively.
From 2019 to 2023, the company realized net profit attributable to the parent company of 81 million yuan, 109 million yuan, 647 million yuan, 11 million yuan and - 0.87 million yuan respectively;The year-on-year changes were 67.79%, 35.36%, 492.35%, -98.36% and -914.51% respectively.
Main factors of performance change
1. In 2023, affected by the global economic environment, industry cycle and other macro factors, the downstream consumer electronics market will face fierce competition.Based on the economic situation and market supply and demand, the company has made efforts to expand the market, digest inventory and consolidate market share. The sales volume of products has increased year on year, but the decline in sales price has led to a sharp decline in gross profit margin.
2. At the same time, affected by the decline in the sales price of products, the inventory cost of some products is inversely linked to the sales price, and the amount of inventory impairment loss is large;In addition, due to the company's layout of the sealed test industry chain, the increase in fixed assets will bring about higher depreciation, amortization and other costs.
Market value
Ming MicroelectronicsThe company was founded on October 30, 2003 and successfully listed on December 18, 2020.On the day of listing, the total market value of the company was 6.245 billion yuan.
The total market value of the company from its establishment to March 18, 2024 is shown in the figure above.During this period, the maximum total market value of the company is 28.613 billion yuan on July 2, 2021;The lowest total market value is 2.359 billion yuan on February 7, 2024.
Summary of charging head network
The company is a high-tech enterprise mainly engaged in the R&D, design, packaging, testing and sales of integrated circuits, and has been focusing on the field of digital analog hybrid and analog integrated circuits.After years of development, the company has always adhered to the independent innovation of research and development, continuous technology accumulation and constantly launched market competitive driving products.Influenced by the global macro-economy and semiconductor downward cycle, the demand of consumer electronics market is weak, the competition in the same industry and the sharp decline in the price of industrial products have affected the company's operating income and net profit. However, the company has taken positive price measures to expand its market share and achieved remarkable results, and the sales volume of all products has increased.
Warm prompt: The above information is for reference only, not for market entry suggestions;The investment is risky, so you should be cautious when entering the market.