Wafer test probe card maker China Precision in 2017 EPS to NT 23.51 yuan, the annual revenue growth of 2 percent, continuing a record high. Market for precision measuring high growth expectations, 2018 high-speed computing Chip application is in the way, it is precisely the high-end precision products market familiar with the probe card revealed that the future with the car, AI, high-speed computing, and gradually take off aerospace applications, related to wafer test card or satellite Communications PCB board products must be able to withstand extreme high temperature differences such as negative 40 to 150 degrees Celsius or even more extreme changes, high number of feet, micro-spacing is the trend, but also the technical threshold, a precision measurement to get Samsung, Apple, TSMC and even Space X The main reason for orders is that in 2017, the proportion of wafer foundries increased from 50% to 58%, the proportion of OSAT professional IC packaging and testing factories decreased from 25% to 10%, and the proportion provided to probe card suppliers Has also doubled from the process point of view, the proportion of 7-nanometer has come to 16%, 10-nanometer is the main force, the proportion of revenue came to 73% C4 Pad Pinch (gasket contact spacing) in the 80 ~ 100 um The proportion of products, more this year has come more than 90% Deloitte reported fourth quarter consolidated revenue of 540 million yuan, gross profit margin of 54.1%, after-tax net profit of 113 million yuan, EPS 3.43 yuan. Accumulated in 2017 consolidated revenue of 3.11 billion yuan, gross margin of 55.4% After-tax net profit of 736 million yuan, net profit of 23.51 yuan per share. 2016 revenue growth of 20%, gross margin increased by 3.2 percentage points, after-tax net profit growth of 22%, net profit per share increased 3.47 yuan. , Precision testing successively won Korea orders and other orders, coupled with the order deferral effect, fine measured January revenue has risen in the first quarter of operation is expected to have more than 4 percent quarter growth in January consolidated revenue of 248 million yuan The second consecutive calendar year high, precision measurement system is currently not comment on the first quarter of fiscal 2011. Jing Huang, general manager of precision measurement can be said that the fourth quarter of 2017 as the traditional off-season, cost control in the appropriate, the overall operating performance in line with expectations. The fourth quarter of deferred production orders, has now entered the production process, the gradual volume production. 2018 operating kinetic energy from advanced process products, when the chip according to market demand, to high-performance computing and power-saving trend design, the relative test interface board The specifications that go to the high number of feet, the fine pitch (fine pitch) and high Test development.It is said that the past non-precision ink in the field of great potential in the future, the application areas include 5G, AI, etc., so the future outlook cautiously optimistic.Pepote currently the world's top five application processor (AP) wafer A leading supplier of test boards and a complete solution for vertical probe cards from All In House, the number of customers has risen sharply. Xu Yi Ping, CFO of Precision Measurement, said revenue for 2017 is in line with that of customers for 2016. Wafer Foundry And probe card manufacturers increased, while packaging and testing plants decreased, mainly due to end customers in the United States Department of Northeast Asia and more prominent performance of the industry. AP accounted for more than 70% revenue in 2017, according to the wafer process 7 nm, 10 nm specific gravity The highest forecast for 2018 is still the two advanced process-based.Precision US dollar exposure part of the limited impact of sales revenue only 30% of the receivables in USD, so the exchange rate risk is lower.Research chairman and strategy director Li Shikin said The production equipment needed for satellite communication PCB is under planning and is expected to be produced in small quantities in 2019 and mass production in 2020. The board of directors will increase the cash dividend from RMB8 to RMB10 Yuan, year Dividend increased to 43 per cent of the total contract amount of new research and development headquarters operations of approximately $ 1.6 billion is expected to be completed in the third quarter of 2019 to enable the current construction progress in line with expectations.
