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LT growth intact; D/G to HOLD as the company goes through business model transformation

  1. 2024-11-04 12:00:31上传人:遗忘**en
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卓胜微(300782)Maxscendreleasedits3Q24results.Revenuedeclinedby23%YoY/1%QoQtoRMB1.1bn,drivenbyaweakerseasonalityassmartphonedemandisnotshowingstrongrecovery.NPdeclinedby84%YoY/55%QoQtoRMB71mn,mainlyduetoGPMerosion(down4.3pptssequentiallyto37.1%)on1)fabramp-up,2)anunfavorableproductmixtowardshighermod

遗忘**en

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