World Advanced earned 9.32 yuan per share last year.

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[Reporter Hong Youfang/Hsinchu Report] World Advanced (5347), the leading wafer foundry, was affected by the sharp drop in demand and the decline in capacity utilization. In the fourth quarter of last year, the gross profit margin was about 39.2%, which fell below 40%, and the after-tax profit was 24.79% 100 million yuan, a quarterly decrease of 35% and an annual decrease of 33.3%. The after-tax profit per share was 1.47 yuan, which was the lowest point in the past seven quarters. , creating a new high in profit, the board of directors decided to propose a cash dividend of about 4.5 yuan per share, which was the same as last year.

World Advanced’s revenue in the fourth quarter of last year was 9.573 billion yuan, a quarterly decrease of 28.2% and an annual decrease of 24.8%; the gross profit margin was 39.2%, a quarterly decrease of 5.8 percentage points and an annual decrease of 8.4 percentage points; 7.7 percentage points, an annual decrease of 10.4 percentage points; after-tax profit of 2.479 billion yuan, a quarterly decrease of 35.2%, an annual decrease of 33.3%, and a single-quarter after-tax profit of 1.47 yuan per share.

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World Advanced's revenue exceeded 50 billion yuan last year, reaching 51.694 billion yuan, an annual increase of 17.6%, a gross profit margin of 46.3%, an annual increase of 2.7 percentage points, an operating profit rate of 34.5%, an annual increase of 2.4 percentage points, and an after-tax profit of 15.28 billion yuan , an annual increase of 29.28%, and an after-tax profit of 9.32 yuan per share, with both revenue and profit hitting record highs.

World Advanced pointed out that due to the impact of inventory adjustment and weak demand in the general environment, customer demand has dropped significantly. Although the company has 10% of its production capacity for customers to put into production and prepare goods first, it still impacts the fourth quarter. The capacity utilization rate fell by about 15 percentage points, and the overall shipment The quarterly decrease of more than 30%, coupled with the decline in the average selling price in a single quarter, resulted in a decrease in gross profit margin.

Inventory increased by about 1 billion yuan.

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