The profits of domestic chip manufacturing plants have plummeted, and the situation is grim!
As we all know, among the top 10 foundry companies, China accounts for 3, namely SMIC, Huahong (Chinese), and Jinjiang International (ChallEngine International).
According to this figure, these three large power plants are ranked fourth, fifth, and ninth in the 2023 year. By 2023, these two figures will decrease by 77%,8.5% and 305%。
Despite the modest decline in sales, the earnings of the Big Three in fiscal 2023 were not as good as they could have been.
Taking SMIC as an example, its full-year revenue in 2023 will be 75%, and its revenue will be 63200 million, down 13% from the same period last year; Profit 90.2 billion, down 50 percent from the same period last year4%, almost cut off by the waist, cough, profit 18 in 20221.7 billion yuan.
Taking Huahong as an example, its operating income in 2022 will be 16.22 billion, a decrease of 3 from the same period last year3%, while the profit is 193.6 billion, a decrease of 35 from the same period last year64%, and it is clear that its profitability is also declining.
Taking Jingneng Integration as an example, its operating income in 2022 will be 724.4 billion, a decrease of 27 from the same period last year93%；Net profit was 210 million, a decrease of 93% compared to the same period last year1%；The net profit after deduction was 4472130,000, a decrease of 98 compared to the same period last year45%, which can be described as adding insult to injury.
Judging from the performance of these three giants, the earnings of the three major companies in fiscal year 2023 have all declined significantly, among which Epistar Integration and SMIC have fallen by more than 50%.
Why did the big three oil companies get to this point? Since the second half of this year, the entire world's semiconductor industry has fallen into a downturn, and a large number of inventories have piled up, triggering one war after another, which has caused the continuous decline of chips, reduced the quality of chips, and reduced the efficiency of chips.
Some time ago, we have been talking about Chinese mainland companies without too many problems, but some experts said that the gap between SMIC's real capacity and domestic demand is as much as eight times.
However, in the current situation, due to the overall decline of the global chip market, China's local foundries are not immune.
Now that everyone is expanding their production capacity, factories are all over the world, and the competition in the future will become more and more fierce, are you mentally prepared? Will performance continue to skyrocket?