**Times reporter Liang Qiangang.
Recently, iResearch released the "2024 China Folding Screen Mobile Phone Market Insight Report", which shows that Huawei's domestic folding screen market will account for 50 percent in 20233%。In 2023, China's folding screen products will enter the stage of concentrated outbreak, with shipments reaching more than 6.1 million units. In the ultra-high-end folding screen market of more than 10,000 yuan, Huawei's share is as high as 656%, Huawei Mate X5 has achieved the first sales volume in China's folding screen mobile phone market in 2023, and it is also the only single product with shipments of more than one million.
Foldable screen phone.
The market share continues to increase.
In February 2019, Huawei and Samsung laid out the folding screen market and were the first manufacturers to enter the market, creating a new chapter in the "first year of folding". In the past two years, other manufacturers have followed suit, and the frequency of product releases has been increasing year by year, and the industry has entered a stage of concentrated outbreak. From the perspective of product form distribution, there are currently three forms of folding screen mobile phones, horizontal outward folding, horizontal inward folding and vertical inward folding.
As the technology of folding screen mobile phones becomes more and more mature, more users have begun to pay attention to folding screen mobile phones. With comprehensive functions and stylish appearance, folding screen mobile phones have attracted more consumers who pursue performance and personality to buy, and have become the main consumer products in the high-end smartphone market.
In recent years, the sales of folding screens have continued to grow, showing a rapid upward trend. According to data released by Cinno Research, in the third quarter of 2023, the sales of folding screen mobile phones in the Chinese market will reach 1.98 million units, an increase of 175% year-on-year and 70% quarter-on-quarter, and it has achieved positive year-on-year growth for 12 consecutive quarters.
iResearch expects that it will continue to maintain rapid growth from 2024 to 2025. At the same time, the share of folding screen mobile phones in the high-end phone market is also increasing, and has entered a stage of rapid penetration, which is expected to reach the level of 20% by the end of 2025.
10 concept stocks.
Net profit is expected to double.
*According to the statistics of Times and Databao, there are more than 60 listed companies on the A** field. Visionox has achieved the launch of a number of folding mobile phone products with leading customers, and will match the pace of customer product development and listing in the future to ensure the continuous supply of folding products.
Yuean New Materials has developed a special powder material with high yield strength applied to folding screen hinges, some end customers are in batch verification, and some terminals are in a state of production climbing, and the demand for this series of products is expected to grow to a certain extent.
Furong Technology has always been the main supplier of aluminum structural parts materials for consumer electronics products such as Samsung series mobile phones and folding screen mobile phones, and the company has supplied S24 series mobile phones.
The main product application fields of Jintuo Co., Ltd. cover silicon-based OLED (organic light-emitting diode) display, curved screen, folding screen, vehicle display, wearable display, semiconductor composite copper sheet lamination, etc.
There are two main parts of Jingyan Technology's folding screen business, one part is the MIM parts for the hinge, and the other part is the folding screen hinge assembly.
Judging from the performance data, among the current folding screen mobile phone concept stocks, there are 47 that have disclosed their 2023 performance forecasts. The net profit of 10 concept stocks doubled, including Yawei shares, Jinghua New Materials, TCL Technology, Del Future, Tongxingda, etc.
Yawei shares have the highest net profit growth rate, and the company expects a net profit of 0$9.5 billion to $12.4 billion yuan, a year-on-year increase of 1168 times to 1549 times. During the reporting period, the market share and profitability of the company's mature products increased steadily, and positive progress was made in the expansion of new businesses such as presses and precision laser processing equipment, ensuring the growth of economies of scale.
Since the beginning of this year, a number of folding screen concept stocks that have fallen have been increased by northbound funds.
According to the statistics of Databao, according to the average transaction price of the range, there are 21 concept stocks with more than 10 million yuan of northbound funds increasing their holdings since January, of which OFILM, Xinwei Communication, Jingyan Technology, and Laibao Hi-Tech have increased their holdings by more than 100 million yuan.
In terms of valuation level, as of February 6**, 12 concept stocks had a rolling price-earnings ratio of less than 30 times, such as Pengding Holdings, Kinwong Electronics, Lingyi Intelligent Manufacturing, Lens Technology, Laibao Hi-Tech, etc.