• 微博
  • 微信微信二维码

广东省人民政府首页  >  要闻动态  >  广东要闻

客户依赖症+研发费用削减

来源: 南方日报网络版     时间: 2018年10月19日 22:41:40
【字体:

7意彩app信誉平台官方,招龙虎和代理注册实力招商主管Q扣99277339,永久注册网址www.yicai269.com时时彩龙虎和,意彩彩票代理,意彩官网,意彩平台注册,意彩乐官网,意彩娱乐官方网站客户依赖症+研发费用削减

杜兰特再次周全了金州, 勇士想夺冠需要仰仗他的个人能力 詹姆斯疯狂打铁创10年最差纪录 骑士靠什么打破魔咒9战8胜 伍兹引领众名将高球人生 后辈想在老虎面前表现 粤女篮|总决赛最后一战,冠军最终花落谁家?(附直播链接) 重磅新闻 | 强强联合!广东省篮协与新浪体育成功牵手! 中央财经委员会首次会议,释放四大信号! 保尔特兴奋拿到大师赛入场券:不能参赛就做球评 保尔特兴奋拿到大师赛入场券:不能参赛就做球评 白老虎无缘美国大师赛 称不确定再回美国打比赛 山东17次失误及惨淡罚球真刺眼 福特森终场前现挑衅动作 世界斯诺克中国公开赛今日开赛 两新疆小将资格赛遭遇 潜力股?今年选秀大会3黑马新秀该关注:17+10新星1特质可期待 日本女乒天才进入恐怖生涯时代!被国乒打服,态度大转变做一决策 广铁集团清明假期预计运客665万人 李春江:控制失误和拼劲做得好 福特森盘活全队

(原)(标)(题)(:客)(户)(依)(赖)(症)(+研)(发)(费)(用)(削)(减)(卓)(胜)(微)(电)(子)(叩)(门)(IPO
(图)(片)(提)(供)(:全)(景)(视)(觉)()
经)(济)(观)(察)(报)(记)(者)(黄)(一)(帆)(仅)(4年)(时)(间)(,一)(家)(从)(事)(集)(射)(频)(前)(端)(芯)(片)(研)(究)(、开)(发)(和)(销)(售)(一)(体)(的)(江)(苏)(公)(司)(便)(将)(净)(利)(润)(从)(2014年)(亏)(损)(16万)(元)(做)(到)(2017年)(前)(三)(季)(度)(盈)(利)(1.44亿)(元)(。
3月)(23日)(,证)(监)(会)(网)(站)(发)(布)(苏)(州)(卓)(胜)(微)(电)(子)(股)(份)(有)(限)(公)(司)((以)(下)(简)(称)(“卓)(胜)(微)(电)(子)(”)招)(股)(说)(明)(书)(。伴)(随)(着)(射)(频)(领)(域)(国)(产)(替)(代)(风)(潮)(和)(4G的)(普)(及)(以)(及)(对)(于)(5G的)(期)(待)(,这)(家)(射)(频)(前)(端)(厂)(商)(携)(近)(三)(年)(的)(靓)(丽)(业)(绩)(叩)(响)(了)(A股)(资)(本)(市)(场)(的)(大)(门)(。
在)(业)(绩)(高)(增)(长)(的)(同)(时)(,该)(公)(司)(也)(存)(在)(着)(客)(户)(集)(中)(度)(高)(、研)(发)(费)(用)(削)(减)(、信)(用)(政)(策)(放)(松)(等)(情)(况)(。
据)(机)(构)(研)(究)(,全)(球)(射)(频)(开)(关)(市)(场)(在)(经)(历)(年)(均)(增)(长)(近)(15%的)(快)(速)(成)(长)(后)(,增)(速)(已)(出)(现)(放)(缓)(,预)(计)(至)(2019年)(增)(速)(将)(下)(滑)(至)(8.93%。这)(或)(将)(加)(剧)(市)(场)(对)(于)(卓)(胜)(微)(电)(子)(上)(市)(后)(业)(绩)(持)(续)(增)(长)(的)(隐)(忧)(。
此)(外)(,该)(公)(司)(近)(年)(研)(发)(费)(用)(支)(出)(也)(远)(低)(同)(业)(上)(市)(公)(司)(。
卓)(胜)(微)(电)(子)(回)(复)(经)(济)(观)(察)(报)(称)(,在)(国)(内)(方)(面)(,本)(土)(竞)(争)(对)(手)(提)(供)(的)(芯)(片)(产)(品)(趋)(于)(同)(质)(化)(,从)(而)(导)(致)(市)(场)(价)(格)(下)(降)(、行)(业)(利)(润)(缩)(减)(等)(状)(况)(。而)(在)(中)(高)(端)(芯)(片)(设)(计)(领)(域)(,有)(一)(定)(进)(入)(门)(槛)(,公)(司)(全)(面)(高)(效)(的)(研)(发)(创)(新)(能)(力)(成)(为)(核)(心)(竞)(争)(力)(的)(最)(重)(要)(组)(成)(部)(分)(,也)(是)(维)(持)(较)(高)(毛)(利)(水)(平)(的)(关)(键)(因)(素)(。
第)(一)(大)(客)(户)(贡)(献)(营)(收)(68%
根)(据)(证)(监)(会)(3月)(23日)(更)(新)(的)(卓)(胜)(微)(电)(子)(招)(股)(书)(显)(示)(,该)(公)(司)(成)(立)(于)(2012年)(8月)(,2017年)(8月)(进)(行)(股)(改)(,目)(前)(主)(营)(业)(务)(为)(射)(频)(前)(端)(芯)(片)(的)(研)(究)(、开)(发)(与)(销)(售)(,主)(要)(向)(市)(场)(提)(供)(射)(频)(开)(关)(、射)(频)(低)(噪)(声)(放)(大)(器)(等)(射)(频)(前)(端)(芯)(片)(产)(品)(,并)(提)(供)(IP授)(权)(。
数)(据)(显)(示)(,2014年)(度)(,卓)(胜)(微)(电)(子)(主)(要)(营)(收)(来)(源)(于)(射)(频)(开)(关)(,2015年)(度)(、2016年)(度)(和)(2017年)(1-9月)(,射)(频)(开)(关)(和)(射)(频)(低)(噪)(声)(放)(大)(器)(总)(体)(收)(入)(占)(公)(司)(营)(业)(收)(入)(的)(比)(重)(分)(别)(为)(72.58%、88.52%、97.09%和)(97.73%。
所)(谓)(射)(频)(开)(关)(,指)(用)(于)(不)(同)(接)(收)(/发)(射)(通)(路)(到)(天)(线)(的)(选)(择)(与)(切)(换)(,以)(达)(到)(共)(用)(天)(线)(、节)(省)(终)(端)(产)(品)(成)(本)(的)(目)(的)(。在)(射)(频)(前)(端)(领)(域)(核)(心)(市)(场)(主)(要)(是)(在)(滤)(波)(器)(市)(场)(,国)(内)(目)(前)(有)(少)(量)(厂)(商)(从)(事)(。安)(信)(证)(券)(分)(析)(师)(孙)(远)(峰)(研)(报)(显)(示)(,公)(司)(所)(生)(产)(的)(射)(频)(开)(关)(为)(射)(频)(前)(端)(的)(第)(三)(大)(业)(务)(板)(块)(,增)(长)(的)(驱)(动)(力)(来)(自)(天)(线)(开)(关)(业)(务)(增)(长)(。
卓)(胜)(微)(电)(子)(表)(示)(,目)(前)(产)(品)(主)(要)(应)(用)(于)(智)(能)(手)(机)(等)(移)(动)(智)(能)(终)(端)(。报)(告)(期)(内)(,三)(星)(作)(为)(第)(一)(大)(客)(户)(,在)(2014年)(、2015年)(、2016年)(和)(2017年)(1-9月)(份)(的)(报)(告)(期)(内)(贡)(献)(了)(公)(司)(整)(体)(收)(入)(的)(31.25%、40.01%、76.23%和)(68.01%。
卓)(胜)(微)(电)(子)(回)(复)(记)(者)(时)(表)(示)(,公)(司)(于)(2012年)(成)(为)(三)(星)(供)(应)(商)(,满)(足)(客)(户)(对)(产)(品)(的)(需)(求)(,并)(逐)(渐)(与)(客)(户)(建)(立)(长)(期)(稳)(定)(的)(合)(作)(关)(系)(,通)(过)(规)(模)(化)(量)(产)(实)(现)(收)(入)(。
在)(客)(户)(集)(中)(度)(方)(面)(,伴)(随)(着)(与)(三)(星)(合)(作)(金)(额)(的)(增)(长)(,卓)(胜)(微)(电)(子)(的)(客)(户)(集)(中)(度)(进)(一)(步)(提)(高)(,乃)(至)(于)(2017年)(前)(三)(季)(度)(公)(司)(前)(五)(大)(客)(户)(占)(据)(了)(营)(收)(的)(93.41%。此)(外)(,国)(产)(品)(牌)(小)(米)(以)(4288.58万)(元)(成)(为)(了)(其)(第)(二)(大)(客)(户)(。
一)(位)(华)(东)(私)(募)(分)(析)(师)(称)(,从)(招)(股)(书)(看)(,公)(司)(供)(应)(商)(和)(客)(户)(出)(现)(集)(中)(度)(双)(高)(的)(情)(况)(,客)(户)(方)(面)(卓)(胜)(微)(电)(子)(较)(为)(优)(质)(,“这)(块)(技)(术)(总)(体)(看)(门)(槛)(不)(太)(高)(,国)(产)(替)(代)(的)(概)(率)(会)(高)(,国)(产)(手)(机)(厂)(商)(的)(兴)(起)(也)(会)(促)(进)(上)(游)(供)(应)(商)(的)(发)(展)(。”正)(因)(如)(此)(,卓)(胜)(微)(电)(子)(近)(三)(年)(业)(绩)(呈)(爆)(发)(式)(增)(长)(。2014年)(到)(2017年)(前)(三)(季)(度)(,其)(营)(收)(分)(别)(为)(4370.08万)(元)(、1.11亿)(元)(、3.85亿)(元)((同)(比)(增)(285%)、4.8亿)(元)((同)(比)(增)(24%),归)(母)(净)(利)(润)(由)(亏)(损)(16.58万)(元)(,增)(长)(为)(1125.22万)(元)(、8415.94万)(元)((同)(比)(增)(648%)、1.44(同)(比)(增)(71.4%)亿)(元)(。
不)(过)(,卓)(胜)(微)(电)(子)(的)(经)(营)(活)(动)(现)(金)(流)(情)(况)(却)(与)(营)(收)(和)(利)(润)(增)(长)(出)(现)(一)(定)(的)(背)(离)(情)(况)(。2014年)(-2017年)(前)(三)(季)(度)(,公)(司)(经)(营)(活)(动)(现)(金)(流)(为)(-69.21万)(元)(、940.74万)(元)(、9451.07万)(元)((同)(比)(增)(长)(905%)、8659.04(同)(比)(-8.4%)万)(元)(。
经)(营)(现)(金)(流)(的)(上)(述)(情)(况)(或)(与)(公)(司)(开)(展)(信)(用)(政)(策)(调)(整)(有)(关)(。随)(着)(销)(售)(规)(模)(的)(提)(升)(,上)(述)(报)(告)(期)(内)(,该)(公)(司)(的)(应)(收)(账)(款)(占)(流)(动)(资)(产)(的)(比)(例)(分)(别)(为)(14.54%、17.35%、15.96%和)(24.58%;应)(收)(账)(款)(净)(额)(占)(当)(期)(营)(业)(收)(入)(的)(比)(例)(分)(别)(为)(9.69%、10.79%、8.25%和)(16.63%。招)(股)(书)(显)(示)(,该)(公)(司)(自)(2017年)(以)(来)(的)(确)(基)(于)(经)(销)(商)(放)(宽)(了)(信)(用)(政)(策)(。“对)(于)(部)(分)(信)(誉)(良)(好)(、业)(务)(规)(模)(较)(大)(、合)(作)(时)(间)(较)(长)(的)(经)(销)(商)(,给)(予)(月)(结)(5天)(至)(月)(结)(15天)(的)(信)(用)(政)(策)(。”同)(时)(,卓)(胜)(微)(电)(子)(表)(示)(,2017年)(应)(收)(账)(款)(净)(额)(占)(营)(业)(收)(入)(的)(比)(例)(大)(幅)(提)(升)(,主)(要)(系)(部)(分)(信)(用)(期)(限)(较)(长)(的)(核)(心)(直)(销)(客)(户)(。
卓)(胜)(微)(电)(子)(方)(面)(回)(复)(记)(者)(称)(,2017年)(公)(司)(现)(金)(流)(和)(净)(利)(润)(出)(现)(较)(为)(明)(显)(的)(背)(离)(,主)(要)(原)(因)(就)(是)(业)(务)(规)(模)(快)(速)(提)(升)(,进)(而)(导)(致)(存)(货)(及)(应)(收)(账)(款)(大)(幅)(增)(加)(。
研)(发)(费)(用)(远)(低)(于)(同)(业)(
从)(招)(股)(书)(看)(来)(,维)(系)(卓)(胜)(微)(电)(子)(高)(速)(成)(长)(的)(部)(分)(原)(因)(来)(自)(于)(公)(司)(的)(成)(本)(管)(控)(和)(高)(毛)(利)(率)(。
招)(股)(书)(显)(示)(,上)(述)(报)(告)(期)(内)(,该)(公)(司)(毛)(利)(率)(分)(别)(为)(64.27%、56.80%、62.11%及)(56.56%,维)(持)(在)(较)(高)(水)(平)(。以)(2017年)(1-9月)(份)(数)(据)(为)(例)(,相)(比)(于)(同)(业)(上)(市)(公)(司)(44.64%毛)(利)(率)(的)(平)(均)(值)(,卓)(胜)(微)(电)(子)(高)(出)(同)(业)(近)(11%。
卓)(胜)(微)(电)(子)(称)(,2016年)(度)(毛)(利)(率)(水)(平)(有)(所)(上)(升)(,主)(要)(系)(当)(期)(射)(频)(开)(关)(、射)(频)(低)(噪)(声)(放)(大)(器)(的)(销)(售)(产)(品)(结)(构)(发)(生)(变)(化)(,产)(品)(销)(售)(平)(均)(单)(价)(上)(升)(,同)(时)(射)(频)(开)(关)(单)(位)(成)(本)(较)(上)(年)(度)(略)(有)(下)(降)(而)(射)(频)(低)(噪)(声)(放)(大)(器)(单)(位)(成)(本)(基)(本)(持)(平)(,使)(得)(射)(频)(开)(关)(、射)(频)(低)(噪)(声)(放)(大)(器)(的)(毛)(利)(率)(均)(有)(所)(提)(升)(;2017年)(1-9月)(随)(着)(已)(有)(产)(品)(的)(平)(均)(销)(售)(单)(价)(下)(降)(,毛)(利)(水)(平)(有)(所)(下)(降)(。
对)(于)(公)(司)(产)(品)(维)(持)(高)(毛)(利)(及)(产)(品)(单)(价)(和)(行)(业)(出)(现)(背)(离)(情)(况)(,公)(司)(表)(示)(“就)(主)(要)(产)(品)(的)(单)(价)(而)(言)(,报)(告)(期)(内)(射)(频)(开)(关)(、射)(频)(低)(噪)(声)(放)(大)(器)(等)(产)(品)(价)(格)(总)(体)(呈)(下)(降)(趋)(势)(,主)(要)(原)(因)(为)(芯)(片)(领)(域)(产)(品)(更)(新)(换)(代)(较)(快)(,同)(系)(列)(芯)(片)(产)(品)(在)(推)(出)(后)(,随)(着)(市)(场)(竞)(争)(日)(趋)(激)(烈)(,单)(价)(呈)(下)(降)(趋)(势)(。”
而)(2015和)(2016年)(度)(,公)(司)(产)(品)(单)(价)(上)(升)(,主)(要)(原)(因)(为)(主)(要)(是)(由)(于)(销)(售)(产)(品)(结)(构)(发)(生)(变)(化)(,部)(分)(产)(品)(复)(杂)(度)(、单)(价)(水)(平)(较)(高)(的)(型)(号)(销)(售)(占)(比)(提)(升)(。
此)(外)(,从)(技)(术)(更)(新)(换)(代)(的)(特)(点)(上)(来)(说)(,射)(频)(前)(端)(芯)(片)(设)(计)(行)(业)(技)(术)(更)(新)(速)(度)(快)(,行)(业)(中)(的)(各)(参)(与)(者)(均)(需)(要)(不)(断)(进)(行)(研)(发)(,以)(保)(证)(产)(品)(在)(行)(业)(中)(的)(竞)(争)(力)(。
不)(过)(,卓)(胜)(微)(电)(子)(管)(理)(费)(用)(中)(的)(研)(发)(支)(出)(远)(低)(于)(同)(业)(,因)(此)(公)(司)(期)(间)(费)(用)(有)(所)(削)(减)(。报)(告)(期)(内)(,其)(研)(发)(费)(用)(分)(别)(为)(1694.96万)(元)(、2575.63万)(元)(、5901.55万)(元)(及)(3471.97万)(元)(,分)(别)(占)(营)(收)(38.79%、23.2%、15.3%、7.23%;期)(间)(费)(占)(营)(收)(分)(别)(为)(61.64%、48.59%、36.30%及)(17.95%,呈)(逐)(年)(下)(降)(趋)(势)(。
这)(使)(得)(2017年)(1-9月)(公)(司)(的)(管)(理)(费)(用)(率)(低)(于)(同)(业)(上)(市)(公)(司)(均)(值)(20%左)(右)(。以)(上)(市)(公)(司)(国)(科)(微)(电)(子)(为)(例)(,公)(司)(系)(集)(成)(电)(路)(设)(计)(企)(业)(,每)(年)(发)(生)(大)(量)(的)(研)(发)(投)(入)(,2014年)(-2016年)(营)(收)(为)(1.81亿)(元)(、3.67亿)(元)(、4.89亿)(元)(。报)(告)(期)(内)(研)(发)(费)(分)(别)(为)(5110.26万)(元)(、8816.94万)(元)(和)(1.06亿)(元)(,占)(各)(期)(管)(理)(费)(用)(的)(比)(例)(分)(别)(为)(78.17%、74.66%和)(71.08%,占)(营)(收)(比)(重)(为)(27.6%、23.98%、21.78%。
公)(司)(称)(,研)(发)(费)(用)(占)(营)(收)(比)(重)(下)(降)(的)(原)(因)(在)(于)(“随)(着)(公)(司)(新)(产)(品)(逐)(渐)(被)(客)(户)(采)(用)(,大)(量)(产)(品)(进)(入)(量)(产)(阶)(段)(,收)(入)(快)(速)(提)(升)(,规)(模)(化)(效)(应)(显)(现)(,研)(发)(费)(用)(占)(营)(业)(收)(入)(比)(重)(进)(而)(有)(所)(下)(降)(。”
一)(位)(射)(频)(前)(端)(行)(业)(上)(市)(公)(司)(高)(管)(告)(诉)(记)(者)(,这)(一)(块)(技)(术)(更)(新)(快)(,做)(好)(还)(是)(有)(些)(门)(槛)(的)(,如)(果)(跟)(不)(上)(便)(存)(在)(风)(险)(。返)(回)(搜)(狐)(,查)(看)(更)(多)(责)(任)(编)(辑)(:
声)(明)(:该)(文)(观)(点)(仅)(代)(表)(作)(者)(本)(人)(,搜)(狐)(号)(系)(信)(息)(发)(布)(平)(台)(,搜)(狐)(仅)(提)(供)(信)(息)(存)(储)(空)(间)(服)(务)(。
阅)(读)(()
)


相关文章

版权所有:南方新闻网 粤ICP备05070829 网站标识码4400000131
主办:南方新闻网 协办:广东省经济和信息化委员会 承办:南方新闻网
建议使用1024×768分辨率 IE7.0以上版本浏览器