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诺瓦星云-公司研究报告-星汉灿烂若出其里-230822（54页）.pdf

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诺瓦星云-公司研究报告-星汉灿烂若出其里-230822（54页）.pdf

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99、.37%9_9_ 308 633 1,041 1,516 YOY 45.48%105.78%64.45%45.61%WW 46.59%50.15%51.48%51.65%)4P7Wind23 !#$%&()*+,-+!#$%&()*+,-+51/54!#$!#$/12341234 8.xyzxyz 1T Mini/Micro LED Yrse 2T d-ta !#$%&()*+,-+!#$%&()*+,-+52/54!#$!#$/12341234 C%eSbsC%eSbs Table_Forcast=BCD%&()=BCD%&()2022A 2023E 2024E 2025E EFGHD%&(

100、)EFGHD%&()2022A 2023E 2024E 2025E IJ=F 416 1,149 1,020 2,667 345345 308 633 1,041 1,516 KLMFN=19 19 19 19 =OPQR 27 0 0 0 S,TU 743 1,053 1,685 2,144 VWXYZ 38 0 0 0 I 829 716 1,732 1,572 1P_a 0 0 0 0 bcG_=38 38 38 38 !de-16 21 23 25 G_=fgG_=fg 2,190 3,134 4,770 6,803 h=a-1-6-10-14 ijklFN=m*=A_-442 89-

101、1,176 123 noh=3p 0 0 0 0 bc-4-4-4-4 qr=118 118 118 118 s*t_3EFGHs*t_3EFGH-90 733-125 1,646 uv=35 35 35 35 h=t_3EFGHh=t_3EFGH-201-25-19-16 wx 20 20 20 20 N=t_3EFGHN=t_3EFGH 98 25 15 17 yG_=fgyG_=fg 821 856 888 922 z+|EFGz+|EFG-249 700-168 1,606=g=g 3,011 3,990 5,659 7,725 oT 91 136 174 216 STU 559 76

102、3 1,214 1,531 !P!P 2022A 2023E 2024E 2025E,TU 0 0 0 0 6767 oyG_BC 59 59 59 59 67,8%()7.99 9 9 9 G_BCfgG_BCfg 1,138 1,484 2,111 2,662 673=%()9 9 9 9 noT 278 278 278 278 67s*MEFGH%()9 9 9 9 bcnoBC 69 69 69 69 nMnM noBCfgnoBCfg 347 347 347 347 *+,-n 37.2%47.9%49.2%41.4%BCfgBCfg 1,485 1,830 2,458 3,008

103、345n 45.5%105.8%64.5%45.6%./01278fg 1,526 2,159 3,201 4,717 ;4;4 78 0 0 0 0 “4 46.6%50.2%51.5%51.6%BC”78gBC”78g 3,011 3,990 5,659 7,725 345 14.2%19.7%21.7%22.4%m*m*BCOPa-20 0 0 0 G_ 1.92 2.11 2.26 2.56 Zlde 258 354 504 678 _ 1.16 1.60 1.41 1.94 de 138 190 278 387 dede !de-18 15 5 9 Zlde 11.9%11.0%10

104、.5%10.0%1P_3,8 0 0 0 0 de 6.3%5.9%5.8%5.7%h=3,8 1 6 10 14 !de-0.8%0.5%0.1%0.1%*+45*+45 340 695 1,145 1,669 *+,3p-1 4 4 4 7?,8,8ffNKqg23og23ffN:;2022r23?7YgXhij4=cK23ffN:;2022 r23 456*+456*+kq23NlTm)23N4Kq23NlTnnopJ23456IJqrOoMZomNost)uF|)4ov)POwxyzk):ZIJ|,)*+-+-+Y -+|P 6 sdYXN 15%,)N7 A YN2 300 j)JN

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