Zhongxin Jingwei, January 29 -- The performance of Jinghe Integration in 2023 is expected to drop by more than ninety.
Jinghe Integration announced on the evening of the 29th that it is expected to achieve an annual operating income of 70 in 2023600 million to 741.3 billion yuan, a decrease of 26 compared with the same period last year3.8 billion to 299.1 billion yuan, a year-on-year decrease of 2625% to 2976%γIt is expected to achieve net profit attributable to owners of the parent company in 20231700 million to 25.5 billion yuan, a decrease of 27900 million to 287.5 billion yuan, a year-on-year decrease of 9163% to 9442%γ
The company expects to achieve a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of 36 million yuan to 54 million yuan in 2023, a year-on-year decrease of 9812% to 9875%γ
Regarding the performance changes, Jinghe Integration mentioned that since 2022, the global integrated circuit industry has entered a downward cycle, the consumer electronics market such as smartphones and laptops has declined, the overall market demand has slowed down, and the first chain has continued to adjust inventory, resulting in the global wafer foundry facing varying degrees of capacity utilization decline and revenue decline, while the company's depreciation, amortization and other fixed costs are high, resulting in a year-on-year decline in the company's operating income and product gross profit level.
Jinghe Integration also said that during the reporting period, the company has always attached great importance to R&D and technological innovation, relying on the manufacturing experience of mature manufacturing processes, with panel display driver chips, CMOS image sensor chips, power management chips, and microcontroller chips as the main axis, actively expanding logic and other technology platforms, and continuing to increase R&D investment, and the corresponding R&D equipment depreciation, intangible asset amortization and research and testing expenses increased year-on-year.
In addition, due to exchange rate fluctuations, financial expenses increased compared with the same period last year.
According to public information, the company is mainly engaged in 12-inch wafer foundry business, and in terms of wafer foundry process nodes, the company has achieved mass production of 150nm to 55nm process platforms, and is conducting research and development of 40nm and 28nm process platforms. The company's products are mainly used in mobile phones, PC NB, new displays, security, power management, smart home appliances, vehicle electronics and other fields. The actual controller of the company is Hefei State-owned Assets Supervision and Administration Commission.
In the secondary market, as of January 29**, Jinghe Integrated reported 1568 yuan shares, the company's total market value of 31.5 billion yuan. (Zhongxin Jingwei app).
For more exciting content, please pay attention to the official WeChat of JWVIEW***