The growth of RF devices is imminent, and Zhuoshengwei’s net profit in the first three quarters increased by 122% year-on-year

Zhuoshengwei disclosed the third quarterly report, Zhuoshengwei’s revenue in the first three quarters was 1.972 billion yuan, a year-on-year increase of 100%; the net profit attributable to the parent was 718 million yuan, a year-on-year increase of 122%.

The company’s performance growth is mainly due to 5G replacement, stocking of major Android customers and ASP improvement. With the increase of mobile phone frequency bands brought by 5G and the continuous innovation of high-end applications, the demand for mobile phone RF front-end chips will increase. In addition, during the reporting period, the company’s expense ratio decreased year-on-year, and the net profit margin increased, showing economies of scale.

Jiangsu Zhuosheng Microelectronics Co., Ltd. is a leader in the field of semiconductor RF chips, focusing on research, development and sales in the field of RF integrated circuits, mainly providing RF front-end discrete devices such as RF switches, RF low-noise amplifiers, and RF filters to the market. And various module application solutions.

The company’s products are currently mainly used in mobile smart terminals such as smart phones, as well as Electronic products such as smart homes and wearable devices, and are gradually extended to communication base stations, automotive electronics and other application fields.

Guosen Securities stated in the latest research report that according to industry chain information, the company’s overall production capacity in Q4 is still tight, and its performance is expected to continue to hit a record high.

Guosen Securities pointed out that the global market and import substitution space is large, and the domestic competition pattern is better. As 5G products and radio frequency modules usher in the harvest period, radio frequency products are expected to increase in volume and price in the future.

The Links:   CM421655 6MBI100S-120-02