Nanda Optoelectronics (300346. SZ) Release the performance forecast on the evening of July 12. It is estimated that the net profit in the first half of 2022 will be10.40 billion yuan-10.52 billion yuan, up by 63.7%-77.74% year-on-year.
Nanda Optoelectronics said that the main reason for the change in performance was the increase in sales performance of the company's MO source. At the same time, we will expand new downstream applications through technological innovation and achieve breakthroughs in the fields of third-generation semiconductors, integrated circuits and photovoltaics. Advanced precursor materials business seized the opportunity of accelerating domestic substitution of semiconductor materials, and its sales revenue increased by about 90% compared with the same period of last year, which became a new performance growth point of the company.
It is understood that "MO source", that is, high-purity organometallic compounds, also known as pre-A9 15AY- 100M body or precursor, is the source material of the semiconductor industry chain. At present, Nanda Optoelectronics mainly focuses on advanced precursor materials, electronic special gases and photoresist.
202 1, Nanda Optoelectronics achieved revenue of 984 million yuan, up 65.46% year-on-year; The net profit was 65.438+0.83 billion yuan, a year-on-year increase of 68.53%; The net profit attributable to shareholders of listed companies was 65.438+36 billion yuan, a year-on-year increase of 56.55%. Among them, in terms of products, the revenue of 202 1 special gas products is 7.3110,000 yuan, the revenue of Moyuan products is166 million yuan, and the others are 53.95 million yuan.
Pentium News of Changjiang Business Daily noticed that although Nanda Optoelectronic precursor business developed well, the photoresist project was temporarily deadlocked. Even in the context of the country's vigorous development of new materials industry, global photoresist manufacturers are still concentrated in Japan and the United States. Although there is no complete monopoly, the dilemma of "stuck neck" has not been lifted.
It is reported that the development and industrialization of ArF photoresist in Nanda Optoelectronics was established to cooperate with the national "02 Special" photoresist technology development and industrialization project. The company's fundraising project "Photoresist Project" has a total investment of 660 million yuan, and it is planned to use the raised funds of 65.438+0.5 billion yuan. However, on March 3, 20221day, Nanda Optoelectronics announced that the company's fundraising project "Photoresist Project" was affected by multiple factors, and it was planned to extend the construction completion period from 202 1 day originally planned to February 3, 20221day.
Nanda Optoelectronics pointed out the reason in the announcement. In addition to the epidemic situation, customer demand, company operation and other multiple impacts, the biggest impact is that the procurement cycle of key equipment such as defect detection required by the project is extended, and the installation and commissioning work is also moved back accordingly, resulting in the project construction progress being less than expected.
On June 29, 2022, when Nanda Optoelectronics replied to the Shenzhen Stock Exchange about the company's issuance of bonds, it once again talked about the problems faced by the photoresist project that the company focused on before raising funds. Nanda Optoelectronics said that the biggest reason for the current delay is that there is no defect detection equipment. Defect detection equipment is a necessary equipment for preparing photoresist for process chips below 28 nm. At present, the equipment still depends on imports. Although Nanda Optoelectronics has established a willingness to cooperate with American suppliers, the specific delivery time is still uncertain, which brings difficulties to the industrialization of photoresist products for process chips below 28nm and further affects the implementation progress of the overall fundraising project.
In order to solve this problem, Nanda Optoelectronic tries to adopt the method of entrusted outsourcing, but outsourcing will lead to greater uncertainty of parameter performance and difficult to control the testing cost, so it is not the first choice. Nanda Optoelectronics is also actively considering switching other supply channels. Through the comparison of different channels, the company understands that domestic equipment is currently being tested and will be commercialized soon, and the company is evaluating whether to choose domestic equipment for supply.
In the first quarter of 2022, the revenue of Nanda Optoelectronics was about 4 1 1 100 million yuan, up 94.67% year-on-year; The net profit was about 80.67 million yuan, a year-on-year increase of 89.38%; The basic earnings per share was 0. 19 yuan, up 72.73% year-on-year.