jeopardytoday|热门行业逐个看・半导体篇丨复苏迹象明显！一季度业绩整体转好

Editor's note: the 2023 annual report of listed companies and the first quarterly report of 2024 have been disclosed, and the Securities Times has combed out the five hot industry companies.JeopardytodayRevenue, profit and corresponding growth data for readers.

The semiconductor industry improved in the first quarter.

In the first quarter of this year, the overall prosperity of the semiconductor industry improved, but the performance of different companies is still more divergent.

Judging from the report in 2023, Wentai Technology (600745), SMIC, Changdian Technology (600584), Tongfu Micropower (002156), North Huachuang (002371), Weir shares (603501), Huahong Company, Huatian Science and Technology (002185), Youyan New Materials (600206), Jiang Bolong and many other companies have business income in the forefront of the industry, with business income exceeding 10 billion yuan in 2023. In terms of profit scale, SMIC, Northern Huachuang, Ziguang (002049), Huahong, China Micro (688012), Huarun Micro, Changdian Technology, Haiguang Information, Wentai Technology, Zhuoshengwei (300782) and other companies belong to the shareholders of the parent company. the net profit exceeds 1 billion yuan, ranking in the forefront of the industry. In terms of growth, the business income of the company, including Tianyue Advanced, Jingsheng shares, Zhongke Flying Test, Sai Microelectronics, Macro and Micro Technology, Tuojing Technology, Huizhi Micro-U, Huahai Qingke, North Huachuang, etc., grew by more than 50% in 2023 compared with the same period last year. For example, North Huachuang achieved an operating income of 220 in 2023.Jeopardytoday.7.9 billion yuan, an increase of 50.32% over the same period last year, and the net profit attributed to the shareholders of the parent company was 3.899 billion yuan, a substantial increase of 65.73% over the same period last year.

Judging from the quarterly report in 2024, the performance of listed companies in the semiconductor industry has picked up as a whole. According to Wind, in the first quarter of 2024, more than 3/4 of the listed companies in the semiconductor industry were growing year-on-year, while only slightly more than half of the listed companies in the industry were growing in 2023. In addition, in the first quarter of 2024, the net profit of more than half of the listed companies in the semiconductor industry belonging to parent shareholders was growing compared with the same period last year, compared with less than 40% for the whole of 2023.

Judging from the performance of various sub-industries in the semiconductor industry, there are still some divisions within the sub-industries, such as discrete devices, semiconductor materials, digital chip design, analog chip design, integrated circuit manufacturing, integrated circuit closed testing, semiconductor equipment and so on.

Organization: clear signs of recovery in the semiconductor industry

According to a recent research report by China Galaxy (601881) Securities, demand in the semiconductor industry fluctuated greatly in 2023 due to multiple negative factors such as slowing macroeconomic growth, international geopolitical conflicts and periodic fluctuations in the industry. the overall downward trend is cyclical, and the performance of some companies is under pressure. In the first quarter of 2024, the downstream demand of semiconductors recovered, the market picked up, the performance of most companies improved significantly, and the turning point of the semiconductor industry cycle became more and more clear.

In terms of performance for the whole year of 2023 and the first quarter of 2024, China Galaxy Securities Research report believes that the semiconductor equipment sector has maintained a high demeanor and is expected to maintain a steady growth rate this year; semiconductor material manufacturers have differentiated performance. Electronic special gas, wet electronic chemicals and other mid-and high-end products that gradually achieve domestic substitution are outstanding, but the performance of traditional business is not satisfactory. The ice of the integrated circuit closed test track is melting gradually, and it is expected that this year's performance will still follow the industry rule of improving quarter by quarter.

The recent research report of Ping an Securities believes that the current consumer electronics has warmed up, and the process of semiconductor localization continues to advance. In addition, the arithmetic industry chain brought by AI will also continue to benefit. The semiconductor industry is currently in the cycle bottoming stage, waiting for the downstream market recovery, which will promote a new rising cycle of semiconductors. It is optimistic about the two main lines of the market recovery and AI computing industry chain.

Editor: Wan Jian