卓胜微2024年营收预计44.91亿元 致力打造“智能质造”资源平台

Core Viewpoint - The company,卓胜微, anticipates a slight revenue growth for 2024, with a focus on expanding its market share in the RF front-end chip industry while facing challenges from external factors [1][2]. Financial Performance - The projected revenue for 2024 is 4.491 billion yuan, representing an approximate 2.59% increase compared to the previous year [1]. - The net profit attributable to shareholders is expected to be between 380 million yuan and 493 million yuan, with a net profit excluding non-recurring gains and losses estimated between 368 million yuan and 478 million yuan [1]. Market Dynamics - The RF front-end chip industry is currently in a phase of seeking inventory levels that align with stable market demand, with signs of seasonality in the market being less pronounced [1]. - Downstream demand is becoming more conservative, and terminal inventory strategies are stabilizing, impacting market dynamics [1]. Strategic Initiatives - The company is actively expanding its market presence in RF module products and enhancing its filter product coverage to counter external pressures [1]. -卓胜微 is transitioning from a product-based company to a platform-based company, focusing on building an integrated "smart manufacturing" resource platform that encompasses design, R&D, and manufacturing [2]. Production Capacity and Innovation - The company has achieved comprehensive layout for its 6-inch filter production line, with products like DiFEM and GPS modules being successfully introduced to multiple brand clients [2]. - The 12-inch IPD platform has entered mass production, with a high adoption rate of self-produced IPD filters in related module products [2][3]. Product Development -卓胜微 has made innovative investments in 3D stacking packaging to achieve breakthroughs in area, cost, and performance [3]. - The first-generation process production line for 12-inch RF switches and low-noise amplifiers is set to enter mass production in Q2 2024, with output gradually increasing in Q3 [3]. Competitive Positioning - The company has launched the L-PAMiD module, a significant product in the RF front-end field, which has passed validation from several brand clients [4]. - The product represents the first series of fully domestically supplied solutions in the industry, showcasing the company's capability to provide comprehensive RF front-end solutions [4]. - With the growing demand for domestic substitution and self-controllable supply chains in the context of 5G and emerging technologies,卓胜微 is positioned to capitalize on unprecedented growth opportunities [4].