Today, although the Shanghai Stock Exchange Index jumps directly and opens down at the opening, at noon, the index decline is only -0.08%, which shows that the short-term rise trend of the Shanghai Stock Exchange Index has not been broken.A shares may continue to rise this week.
The hero who leads the index counterattack today is undoubtedly the semiconductor sector. As of the at noon, the average increase in the semiconductor sector reached 6.53%, and in the 56 industrial sectors in A shares, and the 56 industry sectors in A sharesThe medium is ranked first, which shows that this sector is todays hotspot.
Since the semiconductor sector has continued to rise in the near future, the companies in the sector have increased too much.By repeatedly screening the financial report translator, he finally found an underestimated leader that has not yet been launched. It is .
The main business of the company is R & D, production and sales in the field of radio frequency integrated circuit, and the main products are RF front-end chips.At present, the companys top ten circulating shareholders accumulate shares in the cumulative shareholding of nearly 43%, which shows that its chips are very concentrated.
I have seen the basic situation of the company above. Lets analyze the financial report of this company.
In the third quarter of 2023, the net profit of this company was 819 million yuan.By the third quarter of 2024, the companys net profit fell to 425 million yuan, a year -on -year decrease of 48%.
Although the net profit of this company declined during the reporting period, the companys cash flow capacity during the same period wasEnhanced, this also shows that there is no problem with the production and operation of this company.
In the third quarter of 2024, the companys total operating income was 3.367 billion yuan, an increase of 10%year -on -year.
In the same period, the total amount of cash received by this company was 3.383 billion yuan due to the sales chip., Year -on -year increased by 7%.
The cash received is as many as operating income and increased year-on-year. This shows that compared with the same period last year, the companyThe cash flow capacity has improved, and the money in its account has also increased, which is very beneficial to its production and operation.
In addition, the financial officer found that the main reason for the greatly increased cash flow ability of this company is that management attaches great importance to talent training and research and development.
Since 2015, the companys annual salary for employees has increased for 11 consecutive years.Essence
The compensation continues to grow and create a record high, indicating that this company is at a stage of rapid development, every year, it is every year.Recruiting soldiers and horses and expanded outward.
In addition, the financial officer also found that since 2017, the companys R & D expenses have also increased for 7 consecutive years, and in 2023, for 629 million yuan in 2023, 629 million yuanR & D expenses have reached a record high.
R & D is the core competitiveness of high-tech enterprises. Its growth and creating a new high in history explain the companysCompetitiveness is increasing, which has also laid a solid foundation for the growth of its future net profit.
Because during the reporting period, the companys production and operation is very healthy, and the semiconductor industry has also begun to recover. Therefore, the management of this company has also expanded production capacity and improved the production capacity of the chip.
At present, this company has a semiconductor industry construction project under construction, and the expected total investment of this project has exceeded 8 billion yuan.
After comparing with the existing capacity of this company, the financial officer found that if this project under construction can be completed,The companys production capacity, that is, the ability to produce chips will increase by more than 1.5 times, which has also laid a solid foundation for the growth of its future net profit.
We learned through the above analysis that in the third quarter of 2024, although the net profit of this company declined, the companys cash flow capability during the same period increased the abilityThis shows that there is no problem with the production and operation of this company.
Due to the role of the air outlet of the semiconductor industry in 2024, the management has also expanded its production capacity in the third quarter of this year, improving the production capacity of the chips production capacity, So the financial officer believes that the company has growth.
If the fundamentals of listed companies are divided into five levels of A, B, C, D, E from high to low, the financial report translator officerPersonally, the company can maintain the C -Class level.
Please note: companies with good financial reports may not necessarily rise, but those companies that can continue to rise,Its financial report must be very good.
This article is a pure financial analysis article, and there is no recommendation. I also hope that everyone can refer to it carefully.
