Purple core is expected, the company's full year 2017 net profit of 235 million to 336 million, a year earlier to 3.36 billion, a year-on-year change of -30% to 0%. The first three quarters, the country's core business revenue 1.308 billion Yuan, an increase of 31.31%; net profit of 213 million yuan, down 22.912%.
For the investment agency research, Guoxin Vice President Du Linhu and the Deputy General Manager Ruan Liying said in an interactive quiz, purple core FPGA products are currently in the R & D investment stage, has invested more than 200 million of its own funds, the current product is still in Low-end market, but also to the high-end market in the future, to open up the appropriate market. Spreadtrum's products and the company's products and applications are different, there is no competition, there is no injection of purple Kwok core plan.
At the same time, Xi'an purple light core is in the process of "high-performance fourth-generation DRAM memory chip product research and development, is expected to enter the market next year.For a few days ago Purple Group announced a 100 billion yuan investment in Dongguan project, and the purple core is currently no direct relationship, But does not rule out the possibility of future cooperation.
The following is Guolangguoxin Du Linhu, vice president and the Board of Directors Ruan Liying engaged in interactive quiz with investment institutions Record:
1, Q: The company's third quarterly report in 2017 shows that the company's revenue grew rapidly, but the profit dropped. Please explain why.
A: The overall gross profit margin of the Company's business declined in the first three quarters of 2017. In particular, Xi'an VGC's storage chip revenue grew rapidly but its gross profit margin was very low, all dragging down the overall gross profit margin of the Company. In addition, the Company Increase R & D investment, research and development costs increased rapidly. At the same time, income tax and exchange gains and losses year-on-year also have a greater growth, the company had a negative impact on profit this quarter since last quarter, the larger decline in performance of smart chip business gradually improved, Showing a good momentum of development, the company's annual results will have a beneficial contribution.
2, Q: The memory chip industry is growing rapidly, why the gross margin of Xi'an purple core so low?
A: Xi'an Ziguang States engaged in the DRAM memory chip design business, the company itself does not have the manufacturing process, but the DRAM foundries on the market very little, especially in the market demand during the period, the company due to the smaller, to ensure poor production capacity, Is not conducive to cost control.In addition, Xi'an purple core product revenue growth faster income structure has changed, to a certain extent, affected the overall gross profit margin.
3, Q: The financial statements show that this year's government subsidies have dropped significantly, what is the reason?
A: The amount of government grants received by the company has not changed much in recent years.According to the revision of "Accounting Standards", the company convened the board of directors in August this year to review and approve the "Proposal on the Change of Accounting Policies of the Company", according to the new Accounting Standard "To amend the presentation of financial statements, the government subsidies existing as of January 1, 2017 are subject to future applicable laws and the government subsidies added between January 1, 2017 and the date of implementation of the new government subsidy guidelines are subject to the new government The subsidy standard has been adjusted.The adjustment of accounting policy does not affect the profit and loss, the current and pre-reported profit and loss, total assets, net assets does not have an impact, only according to the specific circumstances of government subsidies will be part of government grants from the financial statements' Non-operating income 'subjects into' other income 'subjects.
4, Q: Please tell us about the company's FPGA product situation?
A: The Company's FPGA business is undertaken by Ziguang Tongchuang Co., Ltd., a subsidiary of Shenzhen State Micro Co., Ltd., a subsidiary of the Company, was adjusted to a subsidiary of Maoyuangxin, a subsidiary of the Company, through management of equity transfer More flexibility. FPGA product is still R & D investment stage, has invested more than 200 million of its own funds. At present the product is still in the low-end market, but also to the high-end market in the future, to open up the appropriate market. Supporting the development of EDA tool software, the client needs a corresponding professional and technical personnel, it also needs to gradually nurture the user market.
5, Q: Spreadtrum will be injected into the listed company?
A: Spreadtrum products and the company's products are applied in areas and customers are different, there is no competition, there is no other significant synergies, there is no plan injected into the company.
6, Q: The company's current DRAM chip products are mainly the second and third generation it?
A: Yes, Xi'an Ziguang Guoxin owns a DRAM design team with scarce markets and is in the process of researching and developing 'High Performance Fourth Generation DRAM Memory Chip Products'. The fourth generation products are more capable, more integrated and faster in reading and writing Fast, is expected to enter the market next year.
7, Q: Please forecast the company's annual net profit?
A: The Company expects the Company's overall business revenue to grow steadily in the third quarterly report. However, due to the increase in R & D investment and the intensified market competition, the overall gross profit margin has declined, resulting in a decrease in operating results year-on-year. For the moment, Operating conditions in Q4 were better than expected, core business maintained a steady growth, and the overall performance of the full year was also relatively optimistic.
8, Q: Recently, Purple Group invested 100 billion in Dongguan, and the country has a relationship with it?
A: Purple Light Group plans to inject 5G Technology Research Institute in Dongguan, purple cloud southern headquarters base, SSD R & D Division, Internet of Things technology research and development and application centers, as well as smart car chip R & D base and sales center five core modules. National core is not too direct relationship, but does not rule out the possibility of future cooperation.