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target="_blank"><i class="icon icon-qzone"></i><span>Qzone</span></a> <a class="share-wechat"><i class="icon icon-wechat"></i><span>微信</span></a> </div> <div class="content-box"> <h1 class="title" id="title">全球功率半导体龙头闻泰科技:三季报强势翻盘,盈利能力持续提升</h1> <div class="info"> <span style="padding-right:1em">日期:2024-10-29</span> <span id="hits">阅读:465</span> </div> <div class="introduce">核心提示:压力之下,闻泰科技如何在逆境中找到破局之道,不仅稳固了市场地位,更实现了业绩的飞跃?</div><div id="content"><div class="content" id="article"><p>&nbsp;<span style="text-indent: 2em;">10月25日,闻泰科技发布2024年三季报。数据显示,该公司第三季度实现营业收入195.71亿元,环比增长12.85%;归属于上市公司股东的净利润2.74亿元,相较第二季度的-298.37万元,成功实现扭亏为盈,环比增加2.77亿元,改善明显。</span></p> <p>回望2022年和2023年,全球宏观经济复杂多变,消费电子持续不景气,半导体行业进入下行周期,受市场供需变化、技术迭代等影响,&ldquo;去库存&rdquo;成为市场的主基调。全球不少企业面临内卷、降本增效、价格倒挂等情况。</p> <p>行业凛冬之下,谁都不能幸免。即使是已成为全球功率半导体龙头的闻泰科技,也一度面临严峻挑战。从过往的财务数据来看,这家公司在2023年Q4与2024年Q1出现下滑,明确触底。</p> <p>一时间,质疑、非议纷纷袭来,伴随市场的不断波动,闻泰科技承受了巨大的压力。</p> <p>压力之下,闻泰科技如何在逆境中找到破局之道,不仅稳固了市场地位,更实现了业绩的飞跃?</p> <p><strong>巩固半导体业务领先优势</strong></p> <p>面对挑战,最好的应对方式是回归基本面,找准自身的核心优势,强化核心竞争力。</p> <p>作为全球分立与功率芯片 IDM 龙头厂商之一,闻泰科技半导体业务持续保持领先地位。根据芯谋研究《中国功率分立器件市场年度报告》,安世半导体已连续4年稳坐中国功率分立器件公司排名榜首,在全球排名中的位置则不断攀升。2021年上升3名至全球第6名,2022年上升1名至全球第5名,2023年则已经跻身全球第3名。</p> <p>通过紧抓强势业务,闻泰科技的半导体业务在Q3交出了亮眼的成绩单:第三季度实现收入为38.32亿元,环比增长5.86%,业务毛利率为40.5%,同比提升2.8个百分点,环比提升1.8个百分点,实现净利润6.66亿元,环比增长18.92%。</p> <p>三季报显示,闻泰科技半导体业务在汽车及工业与电力领域的收入保持稳健,其他消费电子类如移动及穿戴设备、计算机设备、消费领域的收入环比恢复较快。不仅巩固了现有市场地位,还为未来的发展打下了坚实的基础。</p> <p>另一方面,公司半导体业务也是全球汽车半导体龙头之一, 90%的产品都符合车规级标准,所有晶圆厂都通过车规级认证。汽油车时代,全球汽车单车平均应用公司芯片约 400 颗,在当前的电动车已有客户的案例中,单车最高应用接近 1,000 颗。</p> <p>所以,闻泰科技在半导体方面的故事,还有很大的书写空间。</p> <p><strong>提质增效,优化经营管理水平</strong></p> <p>面对复杂、充满不确定性的外部环境的行业环境,闻泰科技产品集成业务在第三季度强势翻盘,取得了好成绩,展现出强大的抗风险能力的同时,也意味着其过去的提质增效措施已取得明显成果。</p> <p>通过优化成本结构、提升运营效率,闻泰科技的产品集成业务在第三季度实现收入为157.30亿元,同比增长45.58%,环比增长14.79%,毛利率为3.8%,环比提升1.8个百分点,扣除可转债利息费用后业务亏损2.49亿元;进一步扣除因美元汇率下跌造成的汇兑损失后,业务亏损进一步减少,环比大幅改善,展示出强大的发展韧性。</p> <p>2024年上半年以来,闻泰科技紧抓&ldquo;提质增效&rdquo;不放松,不断提升经营管理效率。此前,产业链消息称闻泰科技对产品集成业务的组织架构进行大规模调整,包括精简亏损的项目、合并臃肿的部门、全面革新管理体系、聚焦主营业务,提升管理效率和盈利能力,使公司能够更好地适应外部环境变化,进而推动公司实现可持续增长。</p> <p>闻泰科技在三季报中表示,产品集成业务提升经营质量的成果在第三季度已经进一步显现:(1)紧抓市场增量机遇,服务客户高ASP产品,客户新项目、新业务拓展顺利,部分新项目开始量产出货;(2)合作共赢提升产品毛利率,积极优化与上下游合作伙伴相关业务,例如与客户商务条款开始生效,引入新的供应商伙伴等;(3)加强内部管理,优化运营效率,控费增效,产品集成业务2024年前三季度三大费用的费用率同比下降。</p> <p>下半年这几个月,可以看作行业的收获期。因为行业的基本面出现了显著的改善。</p> <p>首先,随着下游需求的增加,半导体行业在新一轮科技革新的推动下可能会继续上行,行业暖意有望持续。</p> <p>近日,半导体行业协会(SIA)宣布,2024年8月份,全球半导体销售额达到531亿美元,同比增长20.6%,环比增长3.5%,8月份销售总额创下历史新高,月度销售额连续第五个月增长。</p> <p>其次,消费电子赛道周期复苏趋势早已确立,这有利于以闻泰科技为代表的产业链充分施展武功。</p> <p>可预见的是,随着半导体和消费电子市场复苏趋势逐步加强,闻泰科技将有望继续在行业复苏期捕捉更多市场机遇,实现企业的长期稳健发展。</p></div> </div> <div class="award"><div onclick="Go('http://www.casmita.com/member/award.php?mid=21&itemid=16998');">打赏</div></div><div id="comment" style="display:;"> <div class="block-head"><a href="http://www.casmita.com/comment/index.php?mid=21&itemid=16998"><b id="comment_count" class="px16 f_red">0</b> 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