《【中国银河】澜起科技(688008)-产品持续迭代,25Q1业绩创历史新高-250424(3页).pdf》由会员分享,可在线阅读,更多相关《【中国银河】澜起科技(688008)-产品持续迭代,25Q1业绩创历史新高-250424(3页).pdf(3页珍藏版)》请在三个皮匠报告上搜索。
1、 公司点评报告 电子行业 20242025202436.39YoY+59.20%14.12YoY+213.10%12.48YoY+237.44%2025Q112.22YoY+65.78%QoQ+14.42%5.25YoY+135.14%QoQ+21.13%202458.13%1.3062.66%DDR51DDR5RCDRCDQ433.49YoY+53.31%PCIe RetimerMRCD/MDBCKD4.22YoY+800%PCIe Retimer22.80YoY+198.87%CPU7.63YoY+11.98%21%DDR5RCDCXL 25Q125Q160.45%+2.75pct+2.2
2、8pct41.21%DDR525Q11.5312.52%CXLAI1.88YoY-47%DDR5PCIe Retimer AI 36.39 55.23 74.23 89.34 59.20 51.78 34.40 20.36 14.12 21.55 29.92 37.80 213.10 52.64 38.85 26.32 58.13 58.34 59.12 59.64 1.23 1.88 2.61 3.30 60.09 39.37 28.35 22.45 7.44 6.26 5.13 4.17 23.31 15.36 11.43 9.50 94.61 116.71 152.10 191.64 3
3、6.39 55.23 74.23 89.34 68.43 91.17 124.91 163.79 15.24 23.01 30.35 36.06 3.88 2.26 3.93 5.01 0.06 0.11 0.15 0.17 0.04 0.12 0.09 0.14 0.96 1.10 2.08 1.79 0.04 0.31 0.20 0.28 1.96 2.21 2.97 3.04 3.52 4.15 4.28 3.73-2.41-1.37-1.82-2.50 18.69 18.69 18.69 18.69-0.44 0.00 0.00 0.00 27.58 28.68 27.94 27.81
4、 0.24 0.00 0.00 0.00 1.09 1.09 1.22 1.31 0.49 1.10 1.48 1.79 5.82 5.13 4.43 3.73 14.13 22.44 31.16 39.36 1.34 1.16 0.99 0.81 0.00 0.00 0.00 0.00 19.32 21.30 21.30 21.96 0.00 0.00 0.00 0.00 122.19 145.38 180.04 219.45 14.13 22.44 31.16 39.36 6.80 7.87 12.00 12.84 0.72 0.45 0.62 0.79 0.00 0.00 0.00 0.
5、00 13.41 21.99 30.53 38.57 2.11 1.60 3.46 2.55-0.71 0.44 0.61 0.77 4.69 6.28 8.54 10.29 14.12 21.55 29.92 37.80 1.43 1.43 1.43 1.43 12.41 20.89 28.74 35.97 0.00 0.00 0.00 0.00 1.23 1.88 2.61 3.30 1.43 1.43 1.43 1.43 8.22 9.30 13.42 14.27-0.07 0.37 0.98 1.75 59.20%51.78%34.40%20.36%114.03 135.58 165.
6、51 203.30 199.32%58.81%38.85%26.32%122.19 145.25 179.91 219.32 213.10%52.64%38.85%26.32%58.13%58.34%59.12%59.64%38.80%39.02%40.31%42.31%16.91 23.66 32.40 37.87 12.38%15.89%18.08%18.59%13.41 21.99 30.53 38.57 9.12%14.34%16.35%16.73%1.41 0.92