Enterprise profitability refers to the ability of an enterprise to obtain profits, which is usually manifested in the amount of enterprise income and its level in a certain period of time. The analysis of profitability is an in-depth analysis of the company's profit margin.
This article is the [Profitability] chapter of the Enterprise Value Series, a total of 20 AI chip companies are selected as research samples, and the return on net assets, gross profit margin, net profit margin, etc. are used as evaluation indicators.
Data is based on history and does not represent future trends; It is for static analysis only and does not constitute investment advice.
Top 10 AI chip profitability companies:
10th VeriSilicon shares
Profitability: ROE 0.51%, gross margin 42.20%, net margin 0.56%
Main products: mass production business income is the most important source of income, revenue accounts for 45.05%, gross margin 24.18%
Company Highlights: VeriSilicon's AI-ISP technology deeply integrates neural network processing (NPU) technology and image signal processing (ISP) technology.
9th Huatian Technology
Profitability: ROE 9.21%, gross margin 21.04%, net margin 10.86%
Main products: integrated circuits are the most important source of income, accounting for 99.03% of revenue and gross margin of 17.26%
Company highlights: GTI, held by Huatian Technology, focuses on developing chips with low-power and high-performance artificial intelligence processors.
8th Unigroup shares
Profitability: ROE 6.96%, gross margin 20.00%, net margin 5.36%
Main products: ICT infrastructure and services are the most important source of income, accounting for 63.14% of revenue and 27.73% of gross profit margin
Company highlights: The new IM2210-NB module released by New H3C Group, a subsidiary of Unigroup, is provided by Zhanrui under Unigroup, and New H3C provides technology research and development and product research capabilities.
7th GigaDevice Innovation
Profitability: ROE 14.82%, gross margin 43.86%, net margin 24.10%
Main products: memory chips are the most important source of income, accounting for 59.36% of revenue and 40.09% of gross margin
Company highlights: Shanghai Si Liwei, a wholly-owned subsidiary of GigaDevice, is a leading provider of intelligent human-computer interaction solutions in the domestic market.
6th Dawn of Middle Science and Technology
Profitability: ROE 10.75%, gross margin 24.04%, net margin 10.82%
Main products: IT equipment is the most important source of income, accounting for 88.01% of revenue, gross margin of 19.66%
Company highlights: Dawning and Cambrian have reached a strategic cooperation, and the two sides will carry out in-depth cooperation in the field of artificial intelligence.
5th Jing Jiawei
Profitability: ROE 9.62%, gross margin 65.67%, net margin 27.86%
Main products: products in the field of graphic display and control are the most important source of income, accounting for 56.41% of revenue and 70.30% of gross profit margin
Company highlights: Jingjiawei invested in the research and development and design of integrated circuits including high-performance graphics processor chips and general-purpose chips for the field of consumer electronics.
4th Montage Technology
Profitability: ROE 12.83%, gross margin 55.60%, net margin 42.75%
Main products: interconnection chips are the most important source of income, accounting for 74.47% of revenue and gross margin of 58.72%
Company highlights: Montage has completed the tape-out of engineering samples of the first generation of AI chips, and will carry out a series of testing, verification, sample delivery and other work in the future.
3rd Rich Hanwei
Profitability: ROE 16.66%, gross margin 40.08%, net margin 18.30%
Main products: professional video processing products are the most important source of income, accounting for 73.14% of revenue and gross margin of 37.62%
Company highlights: Some intelligent applications have been integrated into the series of chips that Fuhan Micro has launched.
2nd Hikvision
Profitability: ROE 25.44%, gross margin 44.38%, net margin 19.78%
Main products: main products and services are the most important source of income, accounting for 79.21% of revenue and 43.74% of gross profit margin
Company highlights: Hikvision carries out computer vision artificial intelligence chip research and development and industrialization projects.
1st Fudan Microelectric
Profitability: ROE 18.80%, gross margin 56.51%, net margin 20.92%
Main products: design and sales of integrated circuits as the most important source of income, revenue accounted for 93.02%, gross margin 66.50%
Company highlights: Fudan Micropower actively carries out artificial intelligence (AI) chip test and development, high-performance image transmission chip test and development, and 5G chip test and development.
Top 10 companies in AI chip profitability, net return on assets, gross margin, and net profit margin in the past three years:
