【中航证券】芯动联科（688582）-2024年年报点评：近五年收入净利润复合增速超30%，多应用拓展构筑未来高成长性-250326（7页）.pdf

1、 2 010-59219558 010-59562637 1 -30%-10%10%30%50%70%90%110%24-0324-0624-0824-1025-0125-03300 1 2 3 4 5 6 35.92%52.96%36.58%39.77%27.57%0%10%20%30%40%50%60%01002003004005002020202120222023202436.84%59.16%41.16%41.85%34.33%0%10%20%30%40%50%60%70%05010015020025020202021202220232024-50-500 05050100100150

2、150202020202021202120222022202320232024202487.96%87.96%85.39%85.39%85.92%85.92%83.01%83.01%85.03%85.03%47.80%47.80%49.73%49.73%51.40%51.40%52.16%52.16%54.93%54.93%0%0%20%20%40%40%60%60%80%80%100%100%20202020202120212022202220232023202420240.02.04.06.02021202220232024MEMS MEMS 40%60%80%100%2021202220

3、232024MEMS MEMS 报表预测报表预测单位:百万元单位:百万元会计年度会计年度2022202220232023202420242025E2025E2026E2026E2027E2027E利润表利润表 营业收入226.86317.09404.50534.13690.71873.75 减:营业成本31.9553.8860.5589.46128.74179.60 税金及附加2.182.694.042.676.918.74 主营业务利润 主营业务利润192.72260.52339.91442.00555.07685.41 减:销售费用3.987.1010.868.0113.8117.47 管

4、理费用23.7729.5430.4837.3948.3556.79 研发费用55.7580.20109.49117.51138.14166.01 财务费用0.49-11.61-12.46-2.27-2.99-3.23 经营性利润 经营性利润108.74155.29201.55281.36357.75448.36 加:资产减值损失0.000.000.000.000.000.00 信用减值损失-1.77-12.83-5.25-10.91-14.10-17.84 其他经营损益0.000.00-0.00-0.00-0.00-0.00 投资收益4.323.1111.816.416.416.41 公允价值

5、变动损益0.325.757.290.000.000.00 资产处置收益0.000.000.130.040.040.04 其他收益5.2414.177.288.908.908.90 营业利润 营业利润116.84165.48222.81285.81359.00445.88 加:其他非经营损益0.000.000.000.000.000.00 营业外收入0.000.000.000.000.000.00 减:营业外支出0.240.080.630.320.320.32 利润总额 利润总额116.61165.40222.17285.49358.69445.56 减:所得税0.000.000.000.000

6、.000.00 净利润 净利润116.61165.40222.17285.49358.69445.56 减:少数股东损益0.000.000.000.000.000.00 归属母公司股东净利润 归属母公司股东净利润116.61165.40222.17285.49358.69445.56资产负债表资产负债表 货币资金123.28913.53633.20908.96929.29956.24 交易性金融资产137.71472.56551.33551.33551.33551.33 应收票据36.8999.66125.16140.00181.05229.02 应收账