下一个芯片牛，商洛电子，国内领先的分销商，四大优良决定好将来
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;"><span style="color: black;">作者/金亿谈价值</span></strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;">探索<span style="color: black;">将来</span>价值，从<span style="color: black;">认识</span><span style="color: black;">机构</span><span style="color: black;">起始</span></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">本周是五一假期前最后<span style="color: black;">1星期</span>，各大指数再次攻击受阻，而在前排奋力阻击的<span style="color: black;">便是</span>疫情<span style="color: black;">关联</span>的<span style="color: black;">各样</span><span style="color: black;">行业</span>，<span style="color: black;">原由</span>很简单，<span style="color: black;">便是</span>三哥那边疫情有点<span style="color: black;">掌控</span>不住了，经过<span style="color: black;">各样</span><span style="color: black;">媒介</span>传播以后在市场中这种<span style="color: black;">心情</span>就被<span style="color: black;">逐步</span>放大，<span style="color: black;">因此</span>今天疫情<span style="color: black;">关联</span>的各<span style="color: black;">行业</span><span style="color: black;">显现</span>了非常不错的表现，而笔者认为，在当前这种<span style="color: black;">状况</span>下，<span style="color: black;">倘若</span><span style="color: black;">无</span>量能的<span style="color: black;">连续</span>支撑，<span style="color: black;">连续</span>性可想而知，<span style="color: black;">倘若</span>一旦<span style="color: black;">心情</span>消退，朝买夕葬还会上演！</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">周末霸屏的还有一件非常重要的事，<span style="color: black;">便是</span>“缺芯",并且从汽车<span style="color: black;">行业</span>传导至了其他<span style="color: black;">行业</span>，就连光伏逆变器厂家都<span style="color: black;">出现</span>了”缺芯“的尴尬局面，众所周知，智能汽车是<span style="color: black;">将来</span>汽车<span style="color: black;">行业</span>发展的方向，而<span style="color: black;">将来</span>，汽车<span style="color: black;">行业</span>将会走向智能化，网联化的主线发展方向，<span style="color: black;">那样</span>必然会加大对芯片的市场<span style="color: black;">需要</span>，而市场中传言的芯片则是统<span style="color: black;">叫作</span>，真正缺少的并非传统<span style="color: black;">道理</span>的芯片而是MLCC，<span style="color: black;">为何</span>智能汽车会如此缺少这种东西，举个例子，以前一辆普通的燃料汽车所<span style="color: black;">运用</span>的MLCC的数量在3000颗<span style="color: black;">上下</span>，而混动燃料汽车所<span style="color: black;">运用</span>的<span style="color: black;">便是</span>普通汽车的4倍高达1.2万颗，然而更智能更网联化的智能汽车<span style="color: black;">运用</span>量是普通汽车的6倍，<span style="color: black;">亦</span><span style="color: black;">便是</span>1.8万颗<span style="color: black;">上下</span>，而各大整车厂商都在快马加鞭地布局智能汽车，<span style="color: black;">导致</span>供需关系<span style="color: black;">出现</span>了改变，<span style="color: black;">那样</span>暂时性的短缺就比较容易理解了。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">以汽车芯片为例，<span style="color: black;">日前</span>中高端的车规级，依然是进口为主导，国产<span style="color: black;">日前</span>还<span style="color: black;">不可</span>实现完全替代，而进口的芯片则是一片难求，<span style="color: black;">那样</span>谁手里有货，自然就会<span style="color: black;">作为</span>香饽饽，而国内的厂商想要去进口海外的芯片<span style="color: black;">通常</span>都是<span style="color: black;">经过</span>分销商来完成，而此时的分销商则迎来了绝佳的好买卖的高光时刻。</strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;">商洛电子<span style="color: black;">照片</span><span style="color: black;">源自</span>全景网</p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;"><span style="color: black;">怎样</span>看待这家<span style="color: black;">机构</span>呢，笔者认为，它就如同<span style="color: black;">中间商</span>，手握国内外知名品牌的代理<span style="color: black;">制品</span>线，向有所<span style="color: black;">需要</span>的<span style="color: black;">机构</span><span style="color: black;">供给</span>服务的现代服务型<span style="color: black;">机构</span>，它自己本身并不生产，而是<span style="color: black;">经过</span>代理向下游客户寻求订单，是国内电子元件分销模式的领军<span style="color: black;">机构</span>。</strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">笔者认为，<span style="color: black;">机构</span>在行业中的角色<span style="color: black;">便是</span><span style="color: black;">中间商</span>，<span style="color: black;">经过</span>获取知名厂商的代理授权，向身处通信，消费电子，汽车电子，工控等<span style="color: black;">行业</span>的厂商<span style="color: black;">供给</span>所<span style="color: black;">需要</span>的电子元件，而从<span style="color: black;">制品</span>来看多集中在电容，电阻，射频器，分立器，功率器，存储器，连接器等电子元件，而其中最为<span style="color: black;">重点</span>的<span style="color: black;">便是</span>被动元器件。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;"><span style="color: black;">非常多</span>人都认为，分销模式<span style="color: black;">便是</span>批发商，这毫无疑问，<span style="color: black;">然则</span>笔者有着<span style="color: black;">区别</span>的观点，它的存在绝非批发商<span style="color: black;">那样</span>简单，它的<span style="color: black;">道理</span>更大的在于，凭借<span style="color: black;">自己</span>的<span style="color: black;">优良</span>，<span style="color: black;">能够</span>向原厂集中议价采购，<span style="color: black;">能够</span><span style="color: black;">帮忙</span>下游客户在成本方面有效的降低，是打通上下游产业链的重要一环。</strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;">行业<span style="color: black;">将来</span>发展遐想</p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">从<span style="color: black;">全部</span>分销行业来看，<span style="color: black;">全世界</span>前三大电子元件分销商<span style="color: black;">经过</span><span style="color: black;">数年</span>发展，<span style="color: black;">已然</span><span style="color: black;">作为</span>营收百亿美元的巨型企业，而国内行业整体起步较晚，<span style="color: black;">按照</span>数据统计，全国前25名分销商的<span style="color: black;">营销</span>金额累计<span style="color: black;">不外</span>1900亿<span style="color: black;">上下</span>，对比<span style="color: black;">全世界</span>巨头还有<span style="color: black;">很强</span>的差距，笔者认为<span style="color: black;">将来</span><span style="color: black;">全部</span>行业的发展空间依然巨大。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">电子元件<span style="color: black;">做为</span>电子化产业的<span style="color: black;">基本</span>零部件，在<span style="color: black;">伴同</span>网络通信，消费电子，汽车电子等产业的快速发展，产业的规模将会<span style="color: black;">连续</span>扩大，从<span style="color: black;">全部</span>行业的市场规模来看，将会高达3.5万亿，是真正的万亿行业，<span style="color: black;">由于</span>它的应用小至白色家电，大到航空航天<span style="color: black;">行业</span>，都少不了这个小小的元器件，<span style="color: black;">由于</span><span style="color: black;">日前</span>市场中，以中高端为主的电子元件，市场80%的份额基本被巨头所垄断，国产替代的问题并不会马上<span style="color: black;">处理</span>，<span style="color: black;">倘若</span>下游企业<span style="color: black;">需要</span>就必须<span style="color: black;">经过</span>所代理这些<span style="color: black;">机构</span>的分销商来搞定，笔者认为，虽然<span style="color: black;">机构</span>在行业中充当了<span style="color: black;">中间商</span>的角色，<span style="color: black;">然则</span>从生意的<span style="color: black;">方向</span>来看，<span style="color: black;">亦</span>确实是身处了一个万亿市场的好赛道。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">笔者认为，<span style="color: black;">将来</span><span style="color: black;">行业</span>内的增长源动力<span style="color: black;">重点</span>源自以下几个方面：</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">其一：消费电子和汽车电子的<span style="color: black;">需要</span>是拉动电子元件增长的<span style="color: black;">重点</span><span style="color: black;">原因</span>，以手机为例，5G手机的<span style="color: black;">需要</span>相比4G手机的<span style="color: black;">需要</span>高达2倍，而汽车电子上文<span style="color: black;">说到</span>，纯电的智能汽车的<span style="color: black;">需要</span>是普通汽车的6倍，<span style="color: black;">将来</span>随着5G手机的换机潮来临和智能汽车的快速发展，都会大大的激发市场对电子元件的<span style="color: black;">需要</span>。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">其二：<span style="color: black;">将来</span>随着5G，人工智能，智能汽车等高科技产业的<span style="color: black;">快速</span>崛起，市场对电子元件的<span style="color: black;">需要</span>会<span style="color: black;">连续</span><span style="color: black;">增多</span>，<span style="color: black;">同期</span>从行业的<span style="color: black;">方向</span>来看，<span style="color: black;">全世界</span>巨头形<span style="color: black;">成为了</span>寡头的垄断格局，而下游客户仅有极<span style="color: black;">少许</span>的<span style="color: black;">机构</span><span style="color: black;">才可</span><span style="color: black;">经过</span>原厂订购，而<span style="color: black;">更加多</span>的的客户则是<span style="color: black;">经过</span>分销商来获取电子元件，<span style="color: black;">将来</span>随着<span style="color: black;">需要</span>的增长，对身处分销行业的<span style="color: black;">机构</span>来讲，<span style="color: black;">亦</span>会受益于此而带来更好的发展机遇。</strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><span style="color: black;">优良</span>与<span style="color: black;">危害</span></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">代理权是最为核心的竞争力，<span style="color: black;">机构</span><span style="color: black;">日前</span>取得了60家<span style="color: black;">上下</span>的代理资质，涵盖近万种<span style="color: black;">制品</span>，以电容为例：<span style="color: black;">全部</span>电子元件市场中陶瓷电容的份额高达90%，而中高端<span style="color: black;">制品</span>又被三大厂商以80%的份额所垄断，而<span style="color: black;">机构</span>恰好是三星电机，国巨，东电化的代理商。<span style="color: black;">而它又是一把双刃剑，一旦<span style="color: black;">显现</span><span style="color: black;">没法</span>续约的<span style="color: black;">危害</span>，<span style="color: black;">那样</span>对<span style="color: black;">机构</span><span style="color: black;">来讲</span>无疑是产生巨大的打击。</span></strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;">客户<span style="color: black;">优良</span></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">庞大的客户群<span style="color: black;">亦</span>是<span style="color: black;">机构</span>较为核心的竞争力，<span style="color: black;">机构</span><span style="color: black;">日前</span>服务超过2000家<span style="color: black;">触及</span>通信，消费电子，汽车电子，工控等<span style="color: black;">行业</span>的客户，<span style="color: black;">亦</span>顺利的打入了它们的供应商体系，其中不乏赫赫有名的一线明星企业。</strong></p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;">盈利能力</p>
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<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">以20年为基准，营收31.2亿，增长50.8%，利润1.5亿增长51.1%，由此来看，20年业绩增速大幅提速，20年毛利率15.4%，净利率4.8%，净资产收益率13.6%，同比提速3.2%，据此<span style="color: black;">能够</span>看出，虽然干着<span style="color: black;">中间商</span>的角色，<span style="color: black;">然则</span>毛利率和净利率却非常低，而<span style="color: black;">咱们</span>前期曾经写过，同行业的自己生产的毛利都高达60%以上，这<span style="color: black;">便是</span>受制于人的尴尬局面，别人吃肉，而<span style="color: black;">中间商</span>只<span style="color: black;">能够</span>喝汤。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">总结：从<span style="color: black;">近期</span>一段时间所有上市的注册制次新来看，几乎<span style="color: black;">所有</span>都是连续下行，而极少会<span style="color: black;">显现</span>连续几根阳线，而<span style="color: black;">机构</span><span style="color: black;">做为</span>次新中仅有的不走寻常路的<span style="color: black;">机构</span>，吸引了不少市场的目光，<span style="color: black;">因为</span>受到制度和规则不匹配的<span style="color: black;">原由</span>，次新<span style="color: black;">逐步</span>变<span style="color: black;">成为了</span>疯狂的屠宰场，给<span style="color: black;">非常多</span>人留下了深深的伤疤，<span style="color: black;">因此</span>认真地去搞清楚一家<span style="color: black;">机构</span>是<span style="color: black;">特别有</span>必要的。</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">而笔者自头条创作<span style="color: black;">败兴</span>，最初的初衷<span style="color: black;">便是</span>，<span style="color: black;">能够</span><span style="color: black;">经过</span>深入地<span style="color: black;">认识</span><span style="color: black;">机构</span>，让<span style="color: black;">更加多</span>的人去明白<span style="color: black;">机构</span>所身处的行业，以及<span style="color: black;">将来</span>行业发展的方向，从而<span style="color: black;">能够</span>寻找到<span style="color: black;">将来</span><span style="color: black;">拥有</span>价值的<span style="color: black;">机构</span>，一方面<span style="color: black;">能够</span>让<span style="color: black;">更加多</span>的人去<span style="color: black;">认识</span>行业以外的<span style="color: black;">更加多</span>知识，<span style="color: black;">另一</span>一方面<span style="color: black;">经过</span>笔者的<span style="color: black;">文案</span><span style="color: black;">能够</span>去<span style="color: black;">认识</span><span style="color: black;">更加多</span>的上市<span style="color: black;">机构</span>，并不会只靠单纯的几个字的简<span style="color: black;">叫作</span>来凭空想象，<span style="color: black;">因此</span>仅此<span style="color: black;">罢了</span>，<span style="color: black;">倘若</span>认同笔者的观点还望多多支持，感谢您的每一次关注，点赞，和转发，在<span style="color: black;">将来</span><span style="color: black;">一块</span>去探索<span style="color: black;">更加多</span>的上市<span style="color: black;">机构</span>！</strong></p>
<p style="font-size: 16px; color: black; line-height: 40px; text-align: left; margin-bottom: 15px;"><strong style="color: blue;">声明：<span style="color: black;">文案</span>所涉数据，均<span style="color: black;">源自</span><span style="color: black;">机构</span>数据披露！</strong></p>
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