On the evening of March 26th, microblogging news, Silan Micro released its annual performance report, stating that the net profit attributable to owners of the parent company in 2017 was 169 million yuan, an increase of 76.75% over the same period of last year; operating income was 2.742 billion yuan. , an increase of 15.44% over the same period of last year; basic earnings per share was 0.14 yuan, an increase of 75% over the same period last year.
According to the disclosure, in 2017, Silan Micro’s revenue from integrated circuit and discrete device products increased by 14.03% and 16.79% respectively over the same period of last year. Among integrated circuit products, LED lighting drive circuit, IPM power module, MCU circuit, digital audio and video The shipments of circuits, MEMS sensors and other products maintained rapid growth. In discrete device products, MOS transistors, IGBTs, PIM modules and other products grew faster.
In 2017, Silan Micro IPM power module products continued to make breakthroughs in the domestic white goods (mainly air, ice, washing), industrial converters and other markets. In 2017, many domestic mainstream white power equipment manufacturers in inverter air conditioners, etc. Over 2 million Silan IPM modules were used on the white machine and it is expected to continue to grow rapidly in the next few years. In 2017, Silan Microsystems' variable-frequency motor control chips have begun mass shipments, initially completing the market layout. This series of chips will be widely used in the future of white goods, power tools, garden tools and other brushless DC motor control, is expected to quickly expand the market in 2018. 2017, Silan Micro's IGBT devices, IGBT power modules ( PIM), super junction MOSFET and other products continue to grow faster. In addition to accelerating market expansion in white power, industrial control, etc., the company has begun planning to enter new energy vehicles, photovoltaic and other markets, and is expected to continue to grow rapidly in the next few years.
In 2017, Silan Micro Accelerometer products have been shipped in large quantities, and the quality has remained stable; Six-axis inertial units, optical sensor products, magnetic sensor products, pressure sensor products, silicon microphones and other products have started to promote customers, and it is expected that the 2018 will be Faster speed to expand the market.
Shi Lanwei stated that as a company in the domestic semiconductor industry with IDM (Design and Manufacturing Integration) as the main model, R&D expenditures are mainly divided into R&D and R&D of manufacturing processes. The company’s goal is to use internationally advanced IDM companies as Learning benchmarking, as soon as possible to become a world-class competitive, with its own brand of integrated semiconductor product suppliers.
2. North China Microelectronics obtained orders for Micro-OLED equipment to enter the new display area;
In March, 2018, the North Huachuang Microelectronics 12-inch etcher, PVD and vertical annealing furnace obtained bulk purchase orders from Hefei Vision's Display Technology Co., Ltd., marking North China's Microelectronics semiconductor device technology Successfully extended to the new display field of silicon-based OLED (Micro-OLED).
Vision Display is a company engaged in the development and production of silicon-based microdisplay technology. The company is committed to the development of the world's leading microdisplay device - Micro-OLED display technology, and plans to build a 12-inch wafer fab in Hefei to produce Micro-OLED Display devices, become the world's largest production base of Micro-OLED display devices.
Micro-OLED is an OLED display device made of monocrystalline silicon as an active driving backplane, which is different from conventional AMOLED devices using amorphous silicon, microcrystalline silicon or low-temperature polysilicon thin film transistors (LPTS) as backplanes, and its pixels are One-tenth of traditional display devices have the advantages of high resolution, high integration, low power consumption, small size, and light weight. With the wide application of VR/AR, new display technologies such as Micro-OLED have been rapidly developed. Goldman Sachs predicts that by 2025, VR and AR's annual sales of hardware and software will reach 80 billion US dollars.
Micro-OLED is a product of perfect combination of semiconductor technology and OLED display technology. It can be realized by using semiconductor manufacturing process. Northern China Microelectronics has successfully etched metals, etched media and sputtered metal, based on the technology of semiconductor devices. Oxide sputtering, low-temperature annealing and other process equipment used in the field of Micro-OLED display, related equipment can be compatible with a variety of substrates, with flexible process integration capabilities, to meet the requirements of a variety of new manufacturing customers in the field of display technology.
3. Smart Microelectronics' revenue in 2017 was 52.76 million yuan, and its loss was 31.21 million yuan.
March 26th, the smart phone's 2017 annual report announced recently showed that the operating revenue in 2017 was 5,276,400 yuan, a decrease of 2.69% from the same period of last year; the net profit attributable to the shareholders of the listed company was -31,260,000 yuan. In the same period of last year, it turned from profit to loss; basic earnings per share was -0.92 yuan, compared with 0.25 yuan in the same period last year.
As of 2017, Smart Microelectronics' assets totaled RMB 81,649,700, an increase of 60.48% from the end of the previous year. The asset-liability ratio was 14.19%, representing an increase of 3.87 percentage points from 10.32% at the end of the previous year. Net cash flows from operating activities The period was -47,144,200 yuan, compared with -24,300 yuan in the same period of last year.
During the reporting period, Smart Microelectronics' sales expense was 1.8898 million yuan, which was 1.588 million yuan in the previous year, an increase of 18.94% year-on-year. This was mainly due to the increase in sales of Smart Microelectronics sales personnel and the corresponding increase in employee compensation and business promotion expenses.
According to data from the New Third Board Research Institute, Smart Microelectronics' main business is custom design services and operation services for intelligent hardware chips and application solutions.
4. Xinwei Telecom’s net profit reached 200 million in the first quarter, which is expected to increase by approximately 50%;
On the 26th of March, Xinwei Communication disclosed the forecast for the first quarter of 2018. It is expected to realize a net profit of RMB 205 million to RMB 225 million, an increase of 0.36% to 10.16%. In addition, the company’s net profit after deduction is estimated to be 2. Billion to 220 million yuan, an increase of 41.36% to 55.49%.
Xinwei Communication stated that during the reporting period, the company continued to maintain a good cooperative relationship with major customers at home and abroad, and continued to provide customers with product solutions based on pan-radio frequency technology. Previously, the market reported that Xinwei Communications did not obtain orders from Apple.
5.Strengthen the layout of the military industry. Shenglu Communication plans to acquire 100% equity of Chuangda Electronics;
On the evening of March 26th, Microelectronics reported that Shenglu Communication announced that the company intends to purchase 100% equity of Chengdu Xinda Microwave Electronics Co., Ltd. (hereinafter referred to as “Chuangda Electronics”) by means of cash transactions. The underlying assets are military. Relevant companies in the field. At present, both parties of the transaction reached a preliminary acquisition plan through communication and negotiation, and signed an agreement of intention for the transaction.
Chuangda Electronics focuses on the R&D and production of military microwave devices, components and systems. Its microwave products are used in high-tech fields such as aviation, navigation, aerospace, communications, remote sensing, telemetry, radars, and electronic countermeasures.
According to the disclosure, Chuangda Electronics can effectively realize the integration of resources and complementary advantages in the research and development of large-scale microwave hybrid integrated circuits and modular integrated circuits with Shenglu Communication Subsidiary Nanjing Hengdian Electronics Co., Ltd. Electronic Co., Ltd. is different from Nanjing Hengdian's customer system, and can effectively supplement each other, exerting synergies between the two parties in terms of technology research and development, industrial chain, and market channels. The two companies' accumulated technology in active phased array can effectively Promote the company's development in 5G communication antennas.
Shenglu Communication stated that this transaction will strengthen the company's business layout in the military industry, actively promote the company's research and development in the military industry, further enhance the company's market competitiveness, form a new profit growth point, and meet the company's long-term development needs.
6. Jingrui’s net profit increased by 6.7% last year, and gross profit declined;
On March 26, Jingrui Group disclosed its 2017 annual report, which achieved revenue of RMB 535 million, a year-on-year increase of 21.52%; net profit of RMB 36,176,500, a year-on-year increase of 6.72%; basic earnings per share of RMB 0.457. The company plans to transfer 7 shares for every 10 shares to all shareholders in capital reserve.
Jingrui Co., Ltd. is one of the leading companies in China's microelectronics chemicals industry. It produces ultra-clean and high-purity reagents, photoresists, functional materials and lithium battery binders widely used in semiconductors, photovoltaic solar cells, LED, flat panel display And lithium battery manufacturing and other electronic information industry.
In 2017, Jingrui’s net profit growth was relatively small, and its gross profit margin also decreased year-on-year. Jingrui shares indicated that this is mainly due to two aspects: First, due to the deepening of structural reforms on the supply side and the increase in standards for safety and environmental protection requirements, To some extent, the company increased the cost of upstream raw material procurement. The price increase of the company's products was less than the increase of raw material prices. Second, the company's depreciation increased during the reporting period compared with the same period of last year, resulting in an increase in company manufacturing costs.