Automotive electronics, uas tau loj hlob sai nyob rau hauv xyoo tas los no, yuav ntsib teeb meem.Freescale, lub ntiaj teb ua lag luam tus thawj coj hauv tsheb semiconductors, nce tsuas yog 0.5% hauv peb lub hlis twg thib ob.Kev lag luam hluav taws xob hauv kev lag luam hauv kev lag luam poob qis, txiav txim siab tias tag nrho lub ntiaj teb hluav taws xob kev lag luam tseem yuav nyob hauv huab cua off-season shrouded hauv qab.

Tshaj dhau cov khoom lag luam semiconductor hauv ntiaj teb cov khoom siv hluav taws xob hluav taws xob tseem nyob siab hauv thawj ib nrab.Raws li iSuppli, cov khoom lag luam semiconductor tau nce siab nyob rau thawj peb lub hlis twg, ib txwm muaj lub caij muag qeeb, mus txog qhov siab ntawm $ 6 billion, thiab cov neeg muag khoom 'hnub ntawm cov khoom muag (DOI) yog ze li ntawm 44 hnub, nce plaub hnub txij thaum xaus ntawm xyoo 2007. Ntau cov khoom muag. nyob rau hauv lub quarter thib ob yog qhov tseem ceeb tsis hloov ntawm thawj peb lub hlis twg raws li cov neeg muag khoom tau tsim cov khoom muag rau ib nrab xyoo thib ob uas muaj zog heev.Thaum qhov kev thov qis qis vim qhov kev lag luam tsis zoo ib puag ncig yog qhov kev txhawj xeeb, peb ntseeg tias cov khoom muag ntau dhau ntawm cov khoom lag luam tuaj yeem cuam tshuam cov nqi nruab nrab ntawm cov khoom muag semiconductor, ua rau kev lag luam poob qis hauv ib nrab xyoo.

Cov nyiaj khwv tau los ntawm thawj ib nrab rau cov tuam txhab teev npe tsis zoo

Hauv thawj ib nrab ntawm lub xyoo no, cov tuam txhab teev npe hauv cov khoom siv hluav taws xob tau ua tiav A tag nrho cov nyiaj tau los ntawm kev ua haujlwm ntawm 25.976 billion yuan, nce 22.52% ntawm tib lub sijhawm xyoo tas los, qis dua cov nyiaj tau los ntawm tag nrho A-shares (29.82%). ;Cov txiaj ntsig tau nce mus txog 1.539 billion yuan, nce 44.78% xyoo rau xyoo, siab dua 19.68% kev loj hlob ntawm A-kev ua lag luam.Txawm li cas los xij, tsis suav nrog cov khoom siv ua kua siv lead ua kua, cov khoom siv hluav taws xob cov nyiaj tau los hauv thawj ib nrab ntawm lub xyoo tsuas yog 888 lab yuan, 18.83 feem pua ​​qis dua xyoo tas los cov nyiaj tau los ntawm 1.094 billion yuan.

Ib nrab xyoo ntawm cov hluav taws xob phaj nyiaj poob qis feem ntau yog los ntawm cov lag luam loj tag nrho cov nyiaj tau los poob qis.Xyoo no, kev lag luam tsim khoom hauv tsev feem ntau ntsib nrog ntau yam xws li nce nqi ntawm cov khoom siv raw thiab cov peev txheej, nce nqi zog thiab kev txaus siab ntawm RMB.Nws yog ib qho kev hloov tsis tau uas qhov nyiaj tau los tag nrho ntawm cov tuam txhab hluav taws xob poob qis.Tsis tas li ntawd, kev lag luam hauv tsev yog qhov tseem ceeb hauv nruab nrab thiab qis kawg ntawm cov thev naus laus zis pyramid, thiab tsuas yog tso siab rau tus nqi zog kom zoo dua los tuav ib qho chaw hauv kev lag luam thoob ntiaj teb;Nyob rau hauv macro keeb kwm yav dhau los ntawm kev lag luam hluav taws xob thoob ntiaj teb nkag mus rau lub sijhawm paub tab, kev lag luam kev sib tw muaj zog zuj zus, tus nqi ntawm cov khoom siv hluav taws xob tau pom qhov poob qis, thiab cov neeg tsim khoom hauv tsev tsis muaj cai hais txog tus nqi.

Tam sim no, Tuam Tshoj txoj kev lag luam hluav taws xob yog nyob rau lub sijhawm hloov pauv ntawm kev hloov kho thev naus laus zis, thiab xyoo no macro ib puag ncig rau Tuam Tshoj cov lag luam hluav taws xob yog lub xyoo nyuaj.Kev lag luam thoob ntiaj teb, kev xav tau qis dua thiab kev nce nyiaj yuan tau ua rau muaj kev kub ntxhov rau lub teb chaws kev lag luam hluav taws xob, uas yog 67% nyob ntawm kev xa tawm.Txhawm rau tiv thaiv kev nce nqi, tsoomfwv tau nruj txoj cai tswjfwm nyiaj txiag kom tsis txhob muaj kev lag luam overheating thiab txiav se rebates rau exporters.Tsis tas li ntawd, cov nqi khiav lag luam thiab cov nqi ua haujlwm tseem nce ntxiv, thiab cov nqi khoom noj, roj av thiab hluav taws xob tsis tau tso tseg kev nce ntxiv.Txhua yam ntawm cov ntsiab lus saum toj no ua rau cov nyiaj tau los ntawm cov tuam txhab hluav taws xob hauv tsev ntsib kev nyem loj.

Kev ntsuas phaj tsis zoo

Tag nrho P / E tus nqi ntsuas ntawm cov khoom siv hluav taws xob hauv hluav taws xob yog siab dua qhov nruab nrab ntawm A-kev ua lag luam.Raws li kev txheeb xyuas cov ntaub ntawv los ntawm Tuam Tshoj Txhua Hnub hauv xyoo 2008, qhov tam sim no cov nyiaj tau los ntawm kev sib koom ua lag luam nyob rau xyoo 2008 yog 13.1 npaug, thaum cov khoom siv hluav taws xob yog 18.82 npaug, uas yog 50% siab dua qhov kev lag luam tag nrho.Qhov no tseem qhia txog kev lag luam hluav taws xob hauv cov tuam txhab lag luam cov nyiaj tau los yuav poob qis, ua rau tag nrho cov nqi ntawm cov phaj nyob rau hauv ib qho tseem ceeb heev.

Nyob rau hauv lub sij hawm ntev, cov peev txheej ntawm A-share electronic stocks nyob rau hauv kev txhim kho kev lag luam raws li txoj cai thiab profitability coj los ntawm kev kho dua tshiab ntawm enterprise cov khoom thiab technologies.Hauv lub sijhawm luv luv, seb cov tuam txhab hluav taws xob puas tuaj yeem tig tau nyiaj, qhov tseem ceeb yog seb lub lag luam xa tawm tuaj yeem rov qab los, thiab seb cov nqi ntawm cov khoom lag luam thiab lwm yam khoom siv raw yuav maj mam poob mus rau theem tsim nyog.Peb qhov kev txiav txim siab yog tias kev lag luam khoom siv hluav taws xob yuav nyob twj ywm hauv qhov qis qis kom txog thaum US subprime ntsoog xaus, Asmeskas thiab lwm lub tebchaws tsim kev lag luam rov qab los, lossis cov neeg siv khoom siv hluav taws xob lossis cov khoom siv hauv Is Taws Nem tsis tsim kev thov rau cov ntawv thov hnyav hnyav.Peb txuas ntxiv tuav peb qhov kev nqis peev "nruab nrab" ntawm cov khoom siv hluav taws xob, vim tias qhov kev loj hlob sab nraud tam sim no tsis zoo rau kev lag luam tsis pom muaj txiaj ntsig ntawm kev txhim kho hauv lub quarter thib plaub.

 

 


Post lub sij hawm: Jan-18-2021