Recently, the performance reports of listed companies for the first half of the year have been released one after another. On August 20, Weir shares also disclosed its semi-annual report. In 2019, Weir shares successfully completed the acquisition of Beijing Haowei and Sibeike, and the scale of revenue and profitability have been greatly improved. In the first half of the year, benefiting from the dividends of the growth of the CIS industry, its performance has been good again.
The report shows that in the first half of 2020, Weir shares achieved total operating income of 8.043 billion yuan, an increase of 41.02% compared with the retrospectively adjusted total operating income of the same period in 2019; the net profit attributable to shareholders of listed companies was 990 million yuan, which was higher than that of A retrospective adjustment in the same period of the previous year increased by 1206.17%; excluding the impact of the 2017 restricted stock incentive plan and the 2019 stock option incentive plan’s amortization expense during the reporting period, the net profit attributable to shareholders of the listed company was 1.077 billion yuan. A year-on-year increase of 565.92%.
Since its establishment in 2007, Weir shares have been engaged in semiconductor product design business and semiconductor product distribution business. In August 2019, after Weir shares completed the acquisition of Beijing Howe and Spyco, its main business is still semiconductor product design business and semiconductor product distribution business. Semiconductor product design business is divided into image sensor products and other semiconductor device products. The sensor products are mainly operated by Howe Technology and Spyco. The most important product is the CMOS image sensor chip.
The report shows that in the first half of the year, Weir shares realized revenue of 6.891 billion yuan in semiconductor design business, accounting for 85.85% of the main business revenue in the first half of the year, an increase of 42.69% compared with the same period of the previous year after retrospective adjustment; semiconductor distribution business achieved revenue of 1.136 billion yuan, Accounted for 14.15% of the main business income in the first half of the year, an increase of 32.45% over the same period last year. It can be seen that the main income of Weir shares comes from the semiconductor product design business, and most of the current part of the business income comes from Beijing Haowei and Sibeike.
Weir shares stated that the company's R&D investment in semiconductor design business in the first half of the year was 987 million yuan, accounting for 14.33% of the semiconductor design business sales revenue. On the basis of steadily increasing the R&D investment of original product types, the company continues to increase R&D investment in the field of CMOS image sensor chips. As of the end of the reporting period, the company has 4397 patents, including 4,030 invention patents, 132 utility models; 1 patent cooperation agreement, 128 integrated circuit layout design rights, and 106 software copyrights.
In the field of image sensors, in the first half of the year, Weil launched an image sensor OV64B with 0.7um small pixels and a resolution of up to 64 million. It also released the car’s first image sensor OX03A2S with Nyxel technology; in the field of dynamic vision sensors, its company Subsidiary Xinlun Technology has taken the lead in launching 1M resolution sensors in the world. At present, the company has continued to develop higher-performance dynamic vision sensor chips, and is also working with downstream customers to develop applications based on this chip.
For other semiconductor chips, Weir shares are also constantly developing and launching new products. For example, in the field of power management chips, Weir shares are the first to develop a high frequency band and high rejection ratio (100K~1MHz, the lowest PSRR reaches 55dB or more) LDO, and at the same time develop 0.5uA ultra-low power LDO; In the display driver integrated chip (TDDI) field, a TDDI product TD4150 with HD 720*1600 resolution and a-Si Dual Gate Panel support has begun mass production.
It is worth mentioning that, following the acquisition of Beijing Haowei and Sibeike last year, Weir shares again launched an acquisition in the first half of this year. On April 14, Weir shares announced the acquisition of Synaptics Incorporated's single-chip LCD touch and display driver integrated chip business (TDDI business) based in Asia, and said that it intends to increase the company’s touch and display driver chip business through this acquisition. Product layout. The industry believes that if it successfully completes the acquisition, it is expected to further enrich and improve its product layout
Vail shares semi-annual report released: net profit increased by 1206.17% year-on-year
Feb
02
65