【华泰金融】星电半导体GPM保持强劲 产能逐步释放.pdf

预计下半年客户需求会更好 ； 高端 CCM 将推动 ASP / GPM 上升

–GPM pressure persists despite possible sales beat

1Q24 beat on strong music business growth and GPM expansion

康师傅控股：GPM将在2H内提高；特别股息。买。

- GPM 扩张带来的稳健收益增长

FY22 results below; GPM recovery on better product mix

步入WTG GPM恢复

–3Q23 earnings beat on better product mix and record-high GPM

星能半导体 4Q GPM 超预期 新能源盈利飙升

–New-car GPM may bottom out in 2H23E