With the gradual introduction of the follow-up car models, the regulator regulator IC will also contribute more and more to the operation.
In the first quarter, Peng Cheng’s revenue was 893 million yuan, and the EPS was 1.63 yuan. The performance was flat, and the performance in the second quarter was not very different. However, the growth of the second half of the team was good, except for the regulator IC. After switching orders in the first quarter, customers recently returned their orders, and in accordance with the rules and regulations of shopping malls, they will increase their shipments in the second half of the year. In addition, after the company enters Rui Ke, a video manufacturer for the main vehicles, the original new products are scheduled for March this year. Formally shipped, but because of the correction of the coefficient of related products, the time point is also deferred to this month, and the volume can gradually enlarge in the second half of the year, all of which are the driving forces for the substantial growth in the second half of the year.
In recent years, Peng Cheng has been the leader in the global automotive generator diode market, and its market share has already exceeded Bosch, the former leading factory. With Bosch's disposal of its diode division, the original order may have remained for too long. There is confidence that it can further nibble the market.
The new product developed by Pengcheng is the most valued regulator regulator IC. In addition, there are CCDs (low power, high power diodes), vehicle images and IGBTs.
However, the manufacturing difficulty of the voltage regulator IC is really too high, and it is even more difficult to involve the core drivers. Accumulated from 2007, after 12 years of efforts, the first and second versions Failure, finally successfully developed a third version, this month shipped to the Japanese depot Mitsubishi.
In the first quarter of this year, the gross margin of Pengcheng was affected by the exchange rate of Taiwan Dollar, which was reduced from 34% last year to 32%. However, with the recent depreciation of the NT dollar, the gross profit margin in the second quarter will rebound a lot. As for the raw materials, Silicon wafer prices have little effect.