Beijing Junzheng: Due to the continuous rise in the price of the company’s memory chips, it is expected that the gross profit margin in each quarter will increase quarter-over-quarter.

robot
Abstract generation in progress
Mars Finance News, Beijing Junzheng (300223.SZ) issued an announcement on the record of investor relations activities. DRAM prices have risen significantly, with domestic customers starting to adjust prices in Q1 and continuing to raise prices in Q2. Meanwhile, overseas customers have also begun to adjust prices successively. It is expected that revenue and gross margin will continue to grow in Q2; prices will continue to rise in Q3, and the pricing policy for Q4 will not be determined until Q3. However, currently, supply in Q4 remains relatively tight, and there is a possibility of further price adjustments. As some customers use SRAM products to replace DRAM solutions, prices of some SRAM chips have also increased in Q2. NOR Flash has seen price increases in both Q1 and Q2, with the increase generally smaller than that of DRAM. Although NOR Flash capacity is also tightening, it is much better than DRAM. In Q1, the company's Flash product line achieved good revenue growth, with sales volume growth accounting for a relatively large share. Prices in Q3 are determined based on specific products and customers, and not all products will necessarily see price adjustments. Due to the continuous price increase of the company's memory chips, it is expected that gross margins will improve sequentially each quarter. (Cailianshe)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned