资料显示，公司主营电源管理、电机驱动控制、电池管理、信号链及微控制器。 据公告，公司顺应市场变化，适时调整产品结构，依托产品性能和客户资源的优势，积极拓展新产品的市场份额，同时，公司坚定"以技术创新为驱动，以 市场需求为导向"的发展战略，通过精进设计、工艺升级及供应链优化，有效降低成本，并灵活调整产品结构及市场定价策略，推动公司营业利润增长，成 功实现扭亏为盈。 中证智能财讯必易微（688045）2月27日晚间披露2025年业绩快报，公司实现营业收入6.83亿元，同比下降0.7%；归母净利润1207.54万元，同比扭亏；扣非 净利润亏损350.27万元，上年同期亏损4628.23万元；基本每股收益0.17元，加权平均净资产收益率为0.88%。以2月27日收盘价计算，必易微目前市盈率 （TTM）约为286.22倍，市净率（LF）约2.5倍，市销率（TTM）约5.13倍。 以本次披露业绩快报数据计算，公司近年市盈率（TTM）图如下所示： 指标注解： 市盈率=总市值/净利润。当公司亏损时市盈率为负，此时用市盈率估值没有实际意义，往往用市净率或市销率做参考。 数据显示，2025年公司加权平均净资产收益率为0.88%， ...

(2)在研发方面，公司依然持续扩充产品布局，保持研发投入力度，2025年度研发费用达15,407.80万 元，占营业收入的比例达到22.54%。此外，为增强团队的凝聚力和稳定性，实现公司和员工的共同成 长与进步，公司持续优化完善股权激励相关制度政策，并向核心骨干团队持续授予股权激励，2025年共 产生1038.74万元股份支付费用。 综上所述，在持续地研发投入、市场开拓、降本增效的努力下，公司产业布局和经营发展逐步显露成 效，公司2025年度实现扭亏为盈。 (1)公司顺应市场变化，适时调整产品结构，依托产品性能和客户资源的优势，积极拓展新产品的市场 份额，同时，公司坚定"以技术创新为驱动，以市场需求为导向"的发展战略，通过精进设计、工艺升级 及供应链优化，有效降低成本，并灵活调整产品结构及市场定价策略，推动公司营业利润增长，成功实 现扭亏为盈。 格隆汇2月27日丨必易微(688045.SH)公布2025年度业绩快报，2025年度，公司实现营业总收入6.83亿 元，同比减少0.70%；实现归属于母公司所有者的净利润1207.54万元，实现扭亏为盈。 影响经营业绩的主要因素： ...

（文章来源：证券日报） 证券日报网讯 2月27日，必易微发布公告称，2025年度公司实现营业总收入68348.61万元，同比减少 0.70%；实现归属于母公司所有者的净利润1207.54万元，实现扭亏为盈。 ...

证券代码：688045 证券简称：必易微 公告编号：2026-007 深圳市必易微电子股份有限公司 关于 2025 年度计提资产减值准备的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、2025 年度计提资产减值准备的情况概述 结合深圳市必易微电子股份有限公司（以下简称"公司"）的实际经营情况 及市场变化等因素的影响，根据《企业会计准则第 1 号——存货》《企业会计准 则第 22 号——金融工具确认和计量》等相关会计政策的规定，为客观、公允地 反映公司合并报表范围内的截至 2025 年 12 月 31 日的财务状况及 2025 年度的经 营成果，经公司及下属子公司对各项金融资产、存货和长期资产等进行全面充分 的评估和分析，认为上述资产中部分资产存在一定的减值迹象。根据谨慎性原则， 公司 2025 年度拟计提的减值准备合计为 428.04 万元。具体情况如下： 三、本次计提资产减值准备对公司的影响 单位：人民币万元 注：1、上表数据未经审计； 2、上表中合计数与各明细数直接相加之和在尾数上如有差异，系四舍五入所致。 ...

证券代码：688045 证券简称：必易微 公告编号：2026-006 深圳市必易微电子股份有限公司 2025 年度业绩快报公告 2. 上述数据均按四舍五入原则保留至小数点后两位数； 3. 以上财务数据及指标以合并报表数据填列，但未经审计，最终结果以公司 2025 年年度报告为准。 二、经营业绩和财务状况情况说明 （一）报告期的经营情况、财务状况及影响经营业绩的主要因素 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 本公告所载 2025 年度主要财务数据为初步核算数据，未经会计师事务所审 计，具体数据以深圳市必易微电子股份有限公司（以下简称"公司"）2025 年 年度报告为准，提请投资者注意投资风险。 一、2025 年度主要财务数据和指标 单位：人民币万元 | 项目 | 本报告期 | 上年同期 | 增减变动幅度 | | --- | --- | --- | --- | | | | | （％） | | 营业总收入 | 68,348.61 | 68,829.10 | -0.70 | | 营业利润 | 479.72 | -3,63 ...

国科微表示，价格上调的原因除了与成本攀升的压力还包括供应链紧张。美芯晟表示，受上游原材料等 环节调价影响，公司相应的芯片产品也会有一定的价格上浮。 作者 | 吴旭光 陈俊清 一场事关全行业的"涨价潮"在半导体产业链中持续席卷。 年初至今，华润微、中微半导、必易微、国科微、英集芯（维权）、美芯晟，以及欧姆龙、ADI、英飞 凌等多家国内外半导体及芯片企业陆续宣布产品涨价通知，涨幅普遍在10%至80%区间，覆盖MCU、 NORFlash、合封KGD存储、功率器件等多个品类。 《科创板日报》记者向产业链公司求证并采访发现，多数企业在调价原因中均提及，上游原材料及关键 贵金属价格大幅上涨是本轮提价的主因，而供需格局失衡则进一步助推了芯片产品涨价。 ▌铜、银、锡等原材料上涨 对于此轮芯片产品涨价，一家半导体功率器件上市公司人士向《科创板日报》记者表示，此轮产品涨价 主要与铜、银、锡等上游金属材料价格上涨相关，并非来自硅片等半导体级硅材料的涨价。其表示，功 率器件是在硅片上制作电路，产业链公司使用的电子级多晶硅需求量不大、市场价格整体相对稳定。 其中，国内铜价方面，在2025年上涨34.34%之后，其价格在2026年开年又 ...

Core Insights - The semiconductor industry is undergoing significant changes, with a price surge starting from storage chips and spreading to non-storage sectors like power chips and MCUs [1][3] - Major PC manufacturers, including Lenovo, HP, Dell, Asus, and Acer, have initiated price adjustments due to rising upstream costs, leading to price increases of up to 20% for laptops and smartphones [1][3] - The price of components such as solid-state drives has seen dramatic increases, with prices for 1TB SSDs rising from 600-900 CNY to 950-1100 CNY within a short period [1][3] Price Surge in the Semiconductor Market - The price increase in the semiconductor market began in Q3 2025, with DRAM and NAND flash prices rising over 300% [3] - Predictions indicate that NAND flash prices will increase by 33%-38% and DRAM prices by 55%-60% in Q1 2026, driven by the explosive demand from AI servers [3][4] - The shift in production capacity towards higher-margin storage products is squeezing the supply of traditional products like analog chips and MCUs, leading to price increases in these areas [3][5] Impact on Consumer Electronics - The price adjustments have made it increasingly difficult for consumers to purchase computers within their budgets, with some configurations exceeding initial estimates by 1000 CNY [2][5] - The rising costs have led to a perception among consumers that computers are becoming luxury items, affecting purchasing enthusiasm [5][6] - Market analysts have downgraded the shipment forecasts for laptops and smartphones for 2026 due to the significant price increases and reduced consumer demand [6] Industry Response - Several non-storage chip manufacturers have announced price hikes in response to rising raw material costs and production constraints, with increases ranging from 15% to 80% [4][5] - The overall cost increase across the supply chain, including raw materials and manufacturing processes, is significantly impacting profitability for companies in the semiconductor sector [5] - Some consumers are opting to sell high-value components in the second-hand market to mitigate the impact of rising prices, a strategy referred to as "downward replacement" [6]

Core Viewpoint - The global semiconductor industry is experiencing a new wave of price increases across the entire supply chain, driven by surging AI demand and rising raw material costs [1][3][61]. Group 1: Price Increases in Domestic Semiconductor Companies - Over 20 semiconductor companies have officially announced price increases [2][62]. - Domestic chip manufacturers are significantly raising prices, with increases as high as 80% for certain products [4][63]. - Guokewai announced price hikes for its KGD storage products, with increases of 40% to 80% [6][66]. - Zhongwei Semiconductor is raising prices for MCU and NOR Flash products by 15% to 50% due to supply chain pressures [9][73]. - Biyiwei has also announced price increases across its entire product line, citing rising raw material costs [17][76]. Group 2: Price Increases in International Semiconductor Companies - International semiconductor giants are also raising prices, with ADI increasing prices by 15% to 30% starting February 1, 2026 [21][81]. - Infineon plans to raise prices for power switches and IC products due to increased demand from AI data centers [24][83]. - Texas Instruments is expected to raise prices by over 30% across nearly all categories due to rising costs [21][81]. Group 3: Price Increases in Wafer Foundry and Packaging - Wafer foundries are increasing prices, with TSMC raising advanced process prices by 3% to 10% [25][85]. - Packaging and testing services are seeing price increases of up to 30%, driven by high demand and capacity constraints [27][86]. Group 4: Impact of Raw Material Costs - The prices of precious metals like gold, silver, and copper are rising, significantly impacting chip manufacturing costs [57][116]. - The increase in raw material costs is leading to a ripple effect across the semiconductor supply chain, prompting many companies to raise their product prices [57][116]. Group 5: Effects on End Markets - The price increases in storage chips are affecting end markets, with PC manufacturers like Dell and Lenovo planning price hikes of 10% to 30% [59][118]. - In the smartphone sector, rising storage costs are pressuring new product pricing, particularly for low-end models [59][118]. - The automotive electronics sector is also feeling the impact, with companies like Xiaomi and NIO reporting cost pressures due to rising semiconductor prices [59][119].

Core Viewpoint - Biyimi (688045.SH) is currently trading at 50.31 yuan, reflecting a decline of 5.41% and is in a state of breaking its initial public offering price [1] Group 1: Company Overview - Biyimi was listed on the Shanghai Stock Exchange on May 26, 2022, with an issuance of 17.2623 million shares at a price of 55.15 yuan per share [1] - The total funds raised from the initial issuance amounted to 952.0158 million yuan, with a net amount of 860.7779 million yuan after deducting issuance costs [1] - The final net fundraising amount exceeded the original plan by 208.2629 million yuan [1] Group 2: Fund Utilization - The company intended to raise 652.5150 million yuan for projects including the development and industrialization of power management control chips, motor drive control chips, and the establishment of a research and development center [1] Group 3: Underwriting and Investment - The underwriting fees totaled 91.2379 million yuan, with the underwriter, Shenwan Hongyuan Securities, receiving 71.8503 million yuan in underwriting fees and 0.9434 million yuan in sponsorship fees [1] - Shenwan Innovation Investment, a subsidiary of the underwriting institution, participated in the strategic placement of the issuance, acquiring 4.20% of the public offering shares, amounting to 399.9996 million yuan for 725,294 shares [2]

Group 1 - The core point of the news is that Biyimi's stock price has been declining for four consecutive days, with a total drop of 10% during this period, currently trading at 50.53 yuan per share and a market capitalization of 3.529 billion yuan [1] - Biyimi, established on May 29, 2014, specializes in the design and sales of high-performance analog and mixed-signal integrated circuits, with its main business revenue composition being AC-DC (51.04%), driver ICs (44.33%), DC-DC (3.94%), and others (0.70%) [1] Group 2 - From the perspective of fund holdings, Huashang Fund has a significant position in Biyimi, with its Huashang Quality Selection Mixed A Fund (014558) increasing its holdings by 1,802 shares in the fourth quarter, now holding 39,800 shares, which accounts for 1.48% of the fund's net value [2] - The Huashang Quality Selection Mixed A Fund has a total scale of 59.4878 million yuan, with a year-to-date return of 10.05% and a one-year return of 69.2%, ranking 1271 out of 8,873 and 769 out of 8,119 respectively [2] - The fund manager, Deng Mo, has been in position for 10 years and 152 days, with the fund's total asset scale at 2.571 billion yuan, achieving a best return of 171.02% and a worst return of -41.84% during his tenure [2]