Home > Industry Information > The Net Profit Is Six Times!The Performance Of This Chip Giant In Shanghai Has Skyrocketed
Recently, the chip company of Caohejing Development Zone Lanqi Technology disclosed the semi -annual report.In the first half of 2024, the company realized operating income of 1.665 billion yuan, an increase of 79.49%year -on -year; net profit attributable to shareholders of listed companies was 593 million yuan, an increase of 624.63%year -on -year; basic earnings per share were 0.52 yuan.Compared with the same period of the previous year, net profit rolled more than six times.
The net profit has risen sharply, and Lanqi Technology is not an example.Public data shows that Shengmei ShanghaiIn the first half of 2024, the company realized operating income of 2.404 billion yuan, an increase of 49.33%year -on -year; net profit was 443 million yuan, an increase of 0.85%year -on -year; non -net profit of deduction of 435 million yuan, an increase of 6.92%year -on -year.Nanxin Technology disclosed the semi -annual report of 2024. In the first half of this year, the company realized operating income of 1.25 billion yuan, an increase of 89.28%year -on -year; the net profit attributable to shareholders of listed companies was 205 million yuan, an increase of 103.86%year -on -year.Jingchen's disclosure was reported in the 2024th report. In the first half of 2024, the company realized operating income of 3.016 billion yuan, an increase of 28.33%year -on -year; the net profit attributable to mothers was 362 million yuan, an increase of 96.06%year -on -year ...
Behind the analysis of Lanqi Technology's good performance: First, with the recovery and demand of the semiconductor industry, the company's interconnected chip product line and Jin catch serverSales income such as platform product lines has achieved rapid growth; the second is to benefit from benefiting fromThe great development of AI, the sales of some AI high -performance capacity chips in the company increased the volume growth, becoming the company's new profit growth point.
01. In the first half of the year, revenue revenue was 1.665 billion yuan, and net profit rose more than 6 times
Lanqi Technology was established inIn 2004, located in the Shanghai Caohejing Development Zone, it is the world's leading data processing and interconnected chip design company.It is understood that Lanqi Technology is committed to providing high -performance, low -power chip solutions for cloud computing and artificial intelligence. At present, the company has two major product lines of interconnected chips and Jin catch server platforms.
In July 2019, Lanqi Technology successfully landed on the Shanghai Stock Exchange and became the first batch of listed companies in the science and technology board.After listing financing and innovative research and development, there are currently more than a dozen products on sale and research on Lanqi Technology. It has achieved global leadership in multiple segments.Design enterprise.
In the first half of 2024, the company realized operating income of 1.665 billion yuan, an increase of 79.49%over the same period last year; the net profit attributable to the owner of the parent company was 593 million yuan, an increase of 624.63%over the same period last year; the net cash flow generated by operating activities was net net cash flow netThe amount is 820 million yuan, which is higher than the net profit of the same period.
At the same time, in the second quarter, many financial indicators of Lanqi Technology reached a record high.The data shows that the net profit of deducting non -recurring profit or loss belonging to the owner of the parent company325 million yuan, an increase of 91.33 times year -on -year, and an increase of 47.81%month -on -month. The net profit history of deducting non -recurring gains and losses attributable to the owner of the parent company in a single quarter was a record high;Company interconnected chip product line sales revenue is833 million yuan, an increase of 19.92%month -on -month, hitting a record high in a single quarter of this product line, with a gross profit margin of 63.68%, an increase of 2.75 percentage points from the previous month.
Regarding the growth of performance, Lanqi Technology disclosed that industry demand has achieved recoverable growth.The improvement of downstream penetration of DDR5 and the continuous advancement of DDR5 sub -iterations have continued to advance, driving the company's memory interface and module supporting chip sales revenue significantly year -on -year, and the product line of the Jin catch server platform has achieved rapid growth.
It can be seen that the domestic semiconductor market has gone throughAfter the downturn in 2023, we ushered in a strong back spring.
02. Where does the growth come from?
Lanqi Technology's revenue mainly comes from its main business——Colinning chip.According to public information, among its revenue of 1.665 billion yuan in the first half of the year, the sales revenue of interconnected chip product lines was about 1.528 billion yuan, accounting for over 90%; the sales revenue of Jincai® server platform product line was about 130 million yuan.
Where is the growth?Since the beginning of this year, on the one hand, Lanqi's technology memory interface and module supporting chip demand has achieved recovery growth.The improvement of downstream penetration of DDR5 and the iteration of DDR5 sub -ages continued to advance. In the first half of 2024, the company's DDR5 second son RCD chip shipment has exceeded the first son -generation RCD chip; on the other hand, part of the part, part of whichThe new products of AI capacity chip began to ship scale, contributed new performance growth points to the company. The above two factors jointly promoted Lanqi Technology's operating income and net profit in the first half of 2024 compared with the same period of the previous year.
Behind the accelerated growth of the product, Lanqi Technology steadily promoted the development and iteration upgrades of new products, and enhanced its core competitiveness.
In the first half of the year, the company actively carried out the iterative research and development of interconnected chips, which made the following major progress: the company releasedThe DDR5 fourth son is an RCD chip, and it is sent to the memory module manufacturer to carry out the certification work before production; the company takes the lead in trying to produce DDR5 CKD chips and actively promotes preparations before scale shipments; the company's PCIE 6.0 Retimer chip key keyThe development and verification of IP have made significant progress, and the project research and development of the PCIE 6.0 Retimer chip is promoted in an orderly manner; the company has completed the research and development of the mass production version of the clock generator chip and promotes preparation preparation.
At the same time, this yearIn June, the company officially released the sixth -generation Jin Cain® CPU. This product is designed for high -density and horizontal extension workloads. It has comprehensively optimized density, energy efficiency, throughput and scalability.In the same month, the company officially released a new product of the product line of Jin catch® server platform -data protection and trusted computing accelerationchip.This chip integrates the two core functions of data plus deprivation and platform credibility. It has the advantages of high performance and general credibility.Solution.
03, AI, new energy vehicles and other downstream applications to drive chips demand
As a global consumer electronics market, with the rapid development of emerging technologies such as the Internet of Things, artificial intelligence, and new energy vehicles, the demand and supply expectations of Chinese chips are also growing.
On the demand side, according to the data of the Ministry of Industry and Information Technology,In the Q1 quarter of 2024, China's smartphone production reached 276 million units, an increase of 16.7%year -on -year.In the first half of 2024, 16.8 million newly registered motor vehicles nationwide; Among them, 12.42 million new vehicles were registered, a year -on -year increase of 5.70%. New energy vehicles in the first half of the year were 4.397 million units, an increase of 39.41%year -on -year, a record high of 39.41%, a record high in history, a record high in history, and a record high of a record high, a record high of a record high, a record high in history, a record high in history, and a record high of a record high, a record high in history.; OPENAI released Chat
After the GPT, a series of large model products were born, and they entered the Bai model war in China to detonate the needs of computing power.
At the supply side, on the one hand, becauseIn 2022, the demand for the consumer market continued to be sluggish, and the semiconductor industry started the main theme of the active de -inventory in 2023; on the other hand, the capacity utilization rate of domestic chip companies was picked up.
In the Q1 quarter of 2024, SMIC's capacity utilization rate (equivalent to 8 inches) rose to 80.8%, and it became only a second timeIn TSMC and Samsung's third largest wafer fab); Hua Hong SemiconductorFirst articleOn the basis of the 12 -inch production line 94,500 tablets, the 12 -inch production line with a monthly production capacity of 83,000 tablets is expected to be completed and put into production at the end of the year.
Under the continuous expansion of the demand side and the continuous expansion of the supply side, the recovery of the semiconductor industry is certain.With the domestic formatThe high -speed development of the AI and new energy vehicle market, the chip industry will usher in a more optimistic situation.And Lanqi Technology will pay close attention to the development trend of the industry, the characteristics of the next generation of models, and user needs. The new generation of AI chips is developing to provide stable and easy -to -use high -performance AI computing power solutions for training and reasoning application scenarios.
Industry Information
