{"id":61007,"date":"2019-12-12T16:18:36","date_gmt":"2019-12-12T08:18:36","guid":{"rendered":"http:\/\/www.homejamesfinance.com\/?p=61007"},"modified":"2019-12-30T10:08:01","modified_gmt":"2019-12-30T02:08:01","slug":"soitec-2020%e4%b8%8a%e5%8d%8a%e8%b4%a2%e5%b9%b4%e6%8a%a5%e5%91%8a%ef%bc%9a%e5%90%8c%e6%af%94%e5%a2%9e%e9%95%bf30%ef%bc%8c%e8%be%be%e5%85%a8%e8%b4%a2%e5%b9%b4%e8%b4%a2%e6%b5%8b%e9%a2%84%e6%9c%9f","status":"publish","type":"post","link":"https:\/\/www.homejamesfinance.com\/p\/61007.html","title":{"rendered":"Soitec 2020\u4e0a\u534a\u8d22\u5e74\u62a5\u544a\uff1a\u540c\u6bd4\u589e\u957f30%\uff0c\u8fbe\u5168\u8d22\u5e74\u8d22\u6d4b\u9884\u671f"},"content":{"rendered":"\n

\u4f5c\u4e3a\u8bbe\u8ba1\u548c\u751f\u4ea7\u521b\u65b0\u6027\u534a\u5bfc\u4f53\u6750\u6599\u7684\u5168\u7403\u9886\u519b\u4f01\u4e1a\uff0c\u6cd5\u56fdSoitec\u534a\u5bfc\u4f53\u516c\u53f8\u4e8e11\u670827\u65e5\u516c\u5e03\u4e862020\u4e0a\u534a\u8d22\u5e74\u4e1a\u7ee9\uff08\u622a\u6b62\u81f32019\u5e749\u670830\u65e5\uff09\u3002<\/p>\n\n\n\n

\u672c\u6587\u5f15\u7528\u5730\u5740\uff1ahttp:\/\/www.eepw.com.cn\/article\/201912\/407953.htm<\/p>\n\n\n\n

\u2022        2020\u4e0a\u534a\u8d22\u5e74\u9500\u552e\u989d\u4e3a2.585\u4ebf\u6b27\u5143\uff0c\u6309\u56fa\u5b9a\u6c47\u7387\u548c\u8fb9\u754c1\u8ba1\u589e\u957f30%<\/p>\n\n\n\n

\u2022        \u5f53\u671f\u8425\u4e1a\u6536\u5165\u589e\u957f23%\uff0c\u8fbe\u52305,130\u4e07\u6b27\u5143<\/p>\n\n\n\n

\u2022        \u7535\u5b50\u4ea7\u54c1\u4e1a\u52a1\u7a0e\u606f\u6298\u65e7\u53ca\u644a\u9500\u524d2\uff08EBITDA\uff09 \u5229\u6da6\u73873\u589e\u957f\u7ea630.2%\uff0c\u4e0e\u5168\u8d22\u5e74\u9884\u6d4b\u4e00\u81f4<\/p>\n\n\n\n

\u2022        \u51c0\u5229\u6da6\u589e\u957f28%\u81f34,150\u4e07\u6b27\u5143<\/p>\n\n\n\n

\u2022        \u7535\u5b50\u4ea7\u54c1\u4e1a\u52a1\u8425\u4e1a\u73b0\u91d1\u51c0\u6d41\u91cf\u8fbe3,620\u4e07\u6b27\u5143<\/p>\n\n\n\n

\u2022        2020\u4e0a\u534a\u8d22\u5e74\u8d44\u672c\u652f\u51fa\u8fbe5,120\u4e07\u6b27\u5143<\/p>\n\n\n\n

\u2022        2020\u4e0a\u534a\u8d22\u5e74\u4e1a\u7ee9\u8fbe\u6210\u5168\u8d22\u5e74\u8d22\u6d4b\u9884\u671f\uff1a\u6309\u56fa\u5b9a\u6c47\u7387\u548c\u8fb9\u754c1\u8ba1\u9500\u552e\u989d\u9884\u671f\u589e\u957f\u7ea630%\uff0c\u7535\u5b50\u4ea7\u54c1\u4e1a\u52a1\u7a0e\u606f\u6298\u65e7\u53ca\u644a\u9500\u524d2\uff08EBITDA\uff09 \u5229\u6da6\u73873 \u9884\u671f\u589e\u957f\u7ea630%\u3002<\/p>\n\n\n\n

Soitec\u9996\u5e2d\u6267\u884c\u5b98Paul\n Boudre\u8bc4\u8bba\u9053\uff1a\u201c2020\u4e0a\u534a\u8d22\u5e74\uff0c\u5728\u7535\u5b50\u4ea7\u54c1\u4e1a\u52a1\u7a0e\u606f\u6298\u65e7\u53ca\u644a\u9500\u524d2\uff08EBITDA\uff09 \n\u5229\u6da6\u73873\u7ef4\u6301\u572830%\u7684\u540c\u65f6\uff0c\u6211\u4eec\u7684\u9500\u552e\u6536\u5165\u5b9e\u73b0\u4e86\u8fbe30%\u7684\u6709\u673a\u589e\u957f\uff0c\u8fd9\u5c24\u5176\u5f97\u76ca\u4e8eSoitec\u7684\u5c04\u9891\u4ea7\u54c1\u7cfb\u5217\u3002\u51ed\u501f\u5f53\u524d\u826f\u597d\u7684\u4e1a\u7ee9\uff0c\u6211\u4eec\u975e\u5e38\u6709\u671b\u5b9e\u73b0\u5168\u8d22\u5e74\u8d22\u6d4b\u7684\u76ee\u6807\uff0c\u7ef4\u6301\u7a33\u5b9a\u7684\u7ecf\u8425\u73b0\u91d1\u6d41\u4ee5\u53ca\u826f\u597d\u7684\u8d22\u52a1\u72b6\u51b5\u3002\u201d<\/p>\n\n\n\n

Paul\n \nBoudre\u7ee7\u7eed\u8865\u5145\u9053\uff1a\u201c\u5728\u8fc7\u53bb\u7684\u516d\u4e2a\u6708\u4e2d\uff0c\u6211\u4eec\u4e0d\u65ad\u52a0\u5f3a\u4e0e\u534a\u5bfc\u4f53\u4ea7\u4e1a\u5185\u6838\u5fc3\u6210\u5458\u7684\u5408\u4f5c\uff0c\u5e76\u53d1\u5c55\u7a33\u5065\u7684\u5de5\u4e1a\u4e0e\u5546\u4e1a\u6e20\u9053\uff0c\u4ee5\u52a0\u901fSoitec\u521b\u65b0\u6280\u672f\u7684\u5e94\u7528\uff0c\u4ece\u800c\u8fdb\u4e00\u6b65\u5de9\u56fa\u884c\u4e1a\u5730\u4f4d\u3002\u8fd1\u671f\uff0c\u6211\u4eec\u4e0e\u5e94\u7528\u6750\u6599\u516c\u53f8\u542f\u52a8\u8054\u5408\u7814\u53d1\u9879\u76ee\uff0c\u81f4\u529b\u4e8e\u5f00\u53d1\u4e0b\u4e00\u4ee3\u78b3\u5316\u7845\u886c\u5e95\uff0c\u8fd9\u6b63\u662f\u6211\u4eec\u84ec\u52c3\u53d1\u5c55\u7684\u6709\u529b\u8bc1\u660e\u3002\u672c\u6b21\u5408\u4f5c\u9879\u76ee\u6b63\u5982\u6536\u8d2d\u6c2e\u5316\u9553\u5916\u5ef6\u7845\u7247\u6750\u6599\u4f9b\u5e94\u5546EpiGaN\uff0c\u4ee5\u53ca\u589e\u52a0\u538b\u7535\u886c\u5e95\uff08\n POI\uff09\u7684\u4ea7\u80fd\u4e00\u6837\uff0c\u8868\u8fbe\u4e86Soitec\u5c06\u4f18\u5316\u886c\u5e95\u4ea7\u54c1\u7cfb\u5217\u6269\u5c55\u5230\u7845\u57fa\u6750\u6599\u4e4b\u5916\u7684\u96c4\u5fc3\uff0c\u5e76\u5e26\u6765\u5f00\u53d1\u9ad8\u9644\u52a0\u503c\u4ea7\u54c1\u7684\u673a\u4f1a\u3002\u201d<\/p>\n\n\n\n

\u5f3a\u52b2\u6536\u5165\u589e\u957f\u53ca\u9ad8\u76c8\u5229\u80fd\u529b\uff0c\u4e1a\u7ee9\u7b26\u5408\u5168\u8d22\u5e74\u8d22\u6d4b\u9884\u671f<\/p>\n\n\n\n

2020\u4e0a\u534a\u8d22\u5e74\u5408\u5e76\u9500\u552e\u989d\u8fbe2.585\u4ebf\u6b27\u5143\uff0c\u8f832019\u8d22\u5e74\u540c\u671f\u589e\u957f38.3\uff05\uff0c\u6309\u56fa\u5b9a\u6c47\u7387\u548c\u8fb9\u754c1\u8ba1\u589e\u957f30.1\uff05\u3002\u8fd9\u4e3b\u8981\u5f97\u76ca\u4e8e\u5c04\u9891\u5e94\u7528\u7684\u5f3a\u52b2\u589e\u957f\u3001\u6c47\u7387\u589e\u503c\u5e26\u67654.9\uff05\u7684\u79ef\u6781\u5f71\u54cd\uff0c\u4ee5\u53ca+3.3%\u7684\u8303\u56f4\u6548\u5e94\uff0c\u6b64\u8303\u56f4\u6548\u5e94\u5f97\u76ca\u4e8e2018\u5e748\u6708\u6536\u8d2dDolphin\n Integration\u90e8\u5206\u8d44\u4ea7\uff0c\u5e76\u5728\u8f83\u5c0f\u7a0b\u5ea6\u4e0a\u53d7\u76ca\u4e8e2019\u5e745\u6708\u6536\u8d2dEpiGaN\u3002<\/p>\n\n\n\n

\u9500\u552e\u989d\u4e0e\u8425\u4e1a\u6536\u5165<\/p>\n\n\n\n

200-mm\u6676\u5706\u9500\u552e\u989d<\/p>\n\n\n\n

200-mm\u6676\u5706\u9500\u552e\u989d\u8fbe1.214\u4ebf\u6b27\u5143\uff08\u5360\u6676\u5706\u603b\u9500\u552e\u989d\u768449%\uff09\u3002\u6309\u56fa\u5b9a\u6c47\u7387\u4e0e\u8fb9\u754c1\u8ba1\uff0c\u5b9e\u73b0\u4e8615%\u7684\u7a33\u6b65\u589e\u957f\u3002\u6b64\u9879\u589e\u957f\u5c24\u5176\u5f97\u76ca\u4e8eSoitec\u4f4d\u4e8e\u4e2d\u56fd\u4e0a\u6d77\u7684\u5408\u4f5c\u4f19\u4f34\u65b0\u50b2\u79d1\u6280\uff08Simgui\uff09\u3002<\/p>\n\n\n\n

300-mm\u6676\u5706\u9500\u552e\u989d<\/p>\n\n\n\n

300-mm\u6676\u5706\u9500\u552e\u989d\u8fbe1.253\u4ebf\u6b27\u5143\uff08\u5360\u6bd4\u6676\u5706\u603b\u9500\u91cf51%\uff09\uff0c\u6309\u56fa\u5b9a\u6c47\u7387\u4e0e\u8fb9\u754c1\u8ba1\u589e\u957f50%\u3002\u6b64\u9879\u5927\u5e45\u589e\u957f\u5f97\u76ca\u4e8eSoitec 300-mm\u6676\u5706\u4ea7\u80fd\u7684\u63d0\u9ad8\u3002<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

\u7279\u8bb8\u6743\u4f7f\u7528\u8d39\u53ca\u5176\u4ed6\u8425\u4e1a\u6536\u5165<\/p>\n\n\n\n

2020\u4e0a\u534a\u8d22\u5e74\u7684\u7279\u8bb8\u6743\u4f7f\u7528\u8d39\u53ca\u5176\u4ed6\u8425\u4e1a\u6536\u5165\u603b\u989d\u75312019\u8d22\u5e74\u540c\u671f430\u4e07\u6b27\u5143\u589e\u957f\u81f31,170\u4e07\u6b27\u5143\u3002\u6b64\u9879\u589e\u957f\u5305\u542bFrec|n|sys\u3001Dolphin Design\u53caEpiGaN\u4ea7\u751f\u7684880\u4e07\u6b27\u5143\u9500\u552e\u989d\u3002<\/p>\n\n\n\n

\u6bdb\u5229\u6da6\u4ece2019\u4e0a\u534a\u8d22\u5e74\u76846,610\u4e07\u6b27\u5143\uff08\u5360\u6536\u5165\u768435.4\uff05\uff09\u589e\u957f\u81f32020\u4e0a\u534a\u8d22\u5e74\u76848,740\u4e07\u6b27\u5143\uff08\u5360\u6536\u5165\u768433.8\uff05\uff09\u3002<\/p>\n\n\n\n

2020\u5e74\u4e0a\u534a\u8d22\u5e74\u7684\u5f53\u524d\u8425\u4e1a\u6536\u5165\u589e\u957f23\uff05\u81f35,130\u4e07\u6b27\u5143\uff0c\u5360\u9500\u552e\u989d\u768419.9\uff05\uff1b\u4e0e\u4e4b\u76f8\u6bd4\uff0c\u8be5\u9879\u6bd4\u4f8b\u57282019\u4e0a\u534a\u8d22\u5e74\u4e3a22.2\uff05\u3002Dolphin\n \nDesign\u53caEpiGaN\u7684\u6574\u5408\u5bf9\u7814\u53d1\u603b\u8d39\u7528\u4ee5\u53ca\u9500\u552e\u603b\u52a1\u7ba1\u7406\u652f\u51fa\uff08SG\uff06A\uff09\u5747\u4ea7\u751f\u5f71\u54cd\u3002\u51c0\u7814\u53d1\u8d39\u7528\u75312019\u4e0a\u534a\u8d22\u5e74\u7684830\u4e07\u6b27\u5143\u589e\u957f\u81f32020\u4e0a\u534a\u8d22\u5e74\u76841,600\u4e07\u6b27\u5143\u3002<\/p>\n\n\n\n

\u589e\u957f\u5f15\u64ce\u6301\u7eed\u53d1\u529b<\/strong><\/p>\n\n\n\n

\u7531\u4e8e\u5f53\u524d\u6700\u5148\u8fdb\u76844G\u4ee5\u53ca\u9996\u4ee35G\u667a\u80fd\u624b\u673a\u9700\u8981\u66f4\u591a\u7684\u5c04\u9891\u5e94\u7528\u53ca\u66f4\u5148\u8fdb\u7684\u6280\u672f\uff0c\u5e02\u573a\u5bf9\u7528\u4e8e\u5c04\u9891\u5668\u4ef6\uff08\u5929\u7ebf\u5f00\u5173\u3001\u8c03\u8c10\u5668\u3001LNA-\u4f4e\u566a\u58f0\u653e\u5927\u5668\uff09\u7684RF-SOI\uff08200-mm\u53ca300-mm\uff09\u6709\u7740\u4e0d\u65ad\u589e\u957f\u7684\u5f3a\u52b2\u9700\u6c42\u3002\u56e0\u800c\uff0c\u96c6\u56e2\u7684\u76f8\u5173\u4e1a\u52a1\u4e5f\u5c06\u5f97\u5230\u6301\u7eed\u7684\u63a8\u52a8\u548c\u53d1\u5c55\u3002\u540c\u65f6\uff0c\u4e0a\u534a\u8d22\u5e74\u4e5f\u89c1\u8bc1\u4e86\u201c\u7b2c\u4e00\u6ce2\u201dFD-SOI\u4ea7\u54c1\u5728\u5404\u7c7b\u7269\u8054\u7f51\u3001\u8fb9\u7f18\u4eba\u5de5\u667a\u80fd\u3001\u8fde\u63a5\u4ee5\u53ca\u6c7d\u8f66\u9886\u57df\u7684\u5e94\u7528\u3002\u5bf9\u4e8e\u5176\u5b83SOI\u4ea7\u54c1\uff0c\u5982Photonics-SOI\u548cPower-SOI\uff0c\u4e5f\u5c06\u7ee7\u7eed\u8fce\u63a5\u5e02\u573a\u6301\u7eed\u7a33\u5b9a\u7684\u9700\u6c42\u3002<\/p>\n\n\n\n

2020\u8d22\u5e74\u5c55\u671b<\/strong><\/p>\n\n\n\n

Soitec\u9884\u8ba1\u6309\u56fa\u5b9a\u6c47\u7387\u548c\u8fb9\u754c1\u8ba1\uff0c2020\u8d22\u5e74\u5c06\u5b9e\u73b030%\u7684\u9500\u552e\u989d\u589e\u957f\u3002\u540c\u65f6\uff0c\u4ee51.13\u6b27\u5143\/\u7f8e\u5143\u6c47\u7387\u8ba1\uff0c\u5176\u7535\u5b50\u4ea7\u54c1\u4e1a\u52a1EBITDA2\u5229\u6da6\u73873\u53ef\u8fbe\u5230\u7ea630%\uff08EBITDA\u5bf9\u6b27\u5143\/\u7f8e\u5143\u6c47\u738710%\u6ce2\u52a8\u7684\u5f71\u54cd\uff0c\u4ef7\u503c\u7ea6\u4e3a2,300\u4e07\u6b27\u5143\uff09\u3002<\/p>\n\n\n\n

\u6ce8\u91ca\uff1a<\/p>\n\n\n\n

1.    \u6309\u56fa\u5b9a\u6c47\u7387\u548c\u53ef\u6bd4\u7684\u5408\u5e76\u8303\u56f4\uff1b\u8303\u56f4\u6548\u5e94\u6d89\u53ca2018\u5e748\u6708\u6536\u8d2d\u6cd5\u56fd\u6d77\u8c5a\u96c6\u6210\uff08Dolphin Integration\uff09\u7684\u90e8\u5206\u8d44\u4ea7\u53ca2019\u5e745\u6708\u6536\u8d2dEpiGaN\uff0c\u4e24\u8005\u5747\u5305\u542b\u5728\u7279\u8bb8\u6743\u4f7f\u7528\u8d39\u548c\u5176\u4ed6\u8425\u4e1a\u6536\u5165\u4e2d\u3002<\/p>\n\n\n\n

2.   \n \nEBITDA\u662f\u6307\u672a\u8ba1\u6298\u65e7\u3001\u644a\u9500\u3001\u4e0e\u80a1\u4efd\u652f\u4ed8\u76f8\u5173\u7684\u975e\u8d27\u5e01\u9879\u3001\u6d41\u52a8\u8d44\u4ea7\u62e8\u5907\u53d8\u52a8\u4ee5\u53ca\u98ce\u9669\u548c\u5e94\u6025\u4e8b\u9879\u62e8\u5907\u53d8\u52a8\u524d\uff08\u4e0d\u5305\u62ec\u8d44\u4ea7\u5904\u7f6e\u6536\u5165\uff09\u7684\u5f53\u671f\u7ecf\u8425\u6536\u5165\uff08EBIT\uff09\u3002\u5bf9\u4e8e\u622a\u6b62\u81f32019\u5e743\u670831\u65e5\u76842019\u8d22\u5e74\u4ee5\u53ca\u622a\u6b62\u81f32018\u5e749\u670830\u65e5\u76846\u4e2a\u6708\u671f\u95f4\u7684EBITDA\uff0c\u9996\u6b21\u5e94\u7528\u56fd\u9645\u8d22\u52a1\u62a5\u544a\u51c6\u5219\u7b2c15\u53f7\uff08IFRS\n \n15\uff09\u5bf9\u6743\u76ca\u7684\u5f71\u54cd\u5305\u542b\u5728\u5176\u4e2d\u3002\u8fd9\u79cd\u66ff\u4ee3\u4e1a\u7ee9\u6307\u6807\u662f\u975eIFRS\u91cf\u5316\u6307\u6807\uff0c\u7528\u4e8e\u8861\u91cf\u516c\u53f8\u4ece\u5176\u7ecf\u8425\u6d3b\u52a8\u4e2d\u4ea7\u751f\u73b0\u91d1\u7684\u80fd\u529b\u3002EBITDA\u4e0d\u662f\u7531IFRS\u6807\u51c6\u5b9a\u4e49\u7684\uff0c\u4e0d\u5f97\u89c6\u4e3a\u4efb\u4f55\u5176\u4ed6\u8d22\u52a1\u6307\u6807\u7684\u66ff\u4ee3\u65b9\u6848\u3002<\/p>\n\n\n\n

3.    \u7535\u5b50\u4ea7\u54c1\u4e1a\u52a1\u7684EBITDA\u5229\u6da6\u7387=\u6765\u81ea\u6301\u7eed\u7ecf\u8425\/\u9500\u552e\u7684EBITDA\u3002<\/p>\n\n\n\n

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