KLA业绩超出公司前期指引中点

1、表1：KLA 2018年中至今关键性季度财务数据（单位：百万美元）利润表4Q181Q192Q193Q194Q191Q202Q203Q204Q201Q21 预期收入1,0701,0931,1201,0971,2581,4131,5091,4241,4601,405-1,555YoY14%13%15%7%18%29%35%30%16%QoQ5%2%2%-2%15%12%7%-6%3%毛利692712712610666809876834838YoY17%15%13%-7%-4%14%23%37%26%QoQ6%3%0%-14%9%22%8%-5%0%毛利率65%65%64%56%53%57%58%5

2、9%57%60.5-62.5%运营利润424444433243269410463176453YoY21%23%18%-37%-37%-8%7%-28%68%QoQ10%5%-2%-44%11%53%13%-62%157%运营利润率40%41%39%22%21%29%31%12%31%归母净利润34939636919321834738178411YoY36%41%-375%-37%-38%-12%3%-60%89%QoQ14%14%-7%-48%13%59%10%-80%427%净利率33%36%33%18%17%25%25%5%28%经调整后归母净利润（Non GAAP）34838437228

3、3289398422389426YoY35%35%21%-11%-17%4%13%38%48%QoQ9%10%-3%-24%2%38%6%-8%10%经调整后净利率33%35%33%26%23%28%28%27%29%资产负债表4Q181Q192Q193Q194Q191Q202Q203Q204Q201Q21 预期总资产5,6395,6455,6059,1889,0099,2299,2518,8469,280YoY2%-1%4%64%60%63%65%-4%3%QoQ1%0%-1%64%-2%2%0%-4%5%净资产1,6211,5671,5982,8862,6782,6802,6702,325

4、2,681YoY22%7%30%111%65%71%67%-19%0%QoQ18%-3%2%81%-7%0%0%-13%15%资产负债率71%72%71%69%70%71%71%74%71%存货9329941,0061,3171,2631,2541,2511,2641,311YoY27%30%28%53%35%26%24%-4%4%QoQ8%7%1%31%-4%-1%0%1%4%现金流量表4Q181Q192Q193Q194Q191Q202Q203Q204Q201Q21 预期经营性净现金流374381282164325496388442453YoY-19%2%118%-54%-13%30%37%

5、170%39%QoQ6%2%-26%-42%99%52%-22%14%2%资本开支-23-22-26-26-56-33-35-43-42YoY114%42%97%73%145%46%32%67%-25%QoQ52%-2%18%-1%115%-42%7%25%-4%数据来源：KLA公司官网，广发证券发展研究中心表2：KLA 2018年中至今季度Segment数据1（单位：百万美元）项目4Q181Q192Q193Q194Q191Q202Q203Q204Q20按地区划分：China Mainland总收入264340270206400339377356380YoY92%102%306%43%51%0

6、%40%73%-5%QoQ84%29%-21%-24%94%-15%11%-6%7%Percentage25%31%24%19%32%24%25%25%26%Taiwan, China总收入125254267276309382453342380YoY-32%84%23%76%148%50%70%24%23%QoQ-20%104%5%3%12%23%19%-25%11%Percentage12%23%24%25%25%27%30%24%26%USA总收入103102150157187184166157161YoY-38%-21%1%38%83%80%11%0%-14%QoQ-10%0%47%4%

7、19%-2%-10%-6%3%Percentage10%9%13%14%15%13%11%11%11%Japan总收入138136180146120212196157117YoY50%-7%16%-27%-13%56%9%7%-2%QoQ-31%-2%33%-19%-18%77%-7%-20%-25%Percentage13%12%16%13%10%15%13%11%8%Korea总收入320154127196107198181299307YoY8%-44%-53%-37%-66%29%43%52%186%QoQ2%-52%-17%55%-45%85%-8%65%3%Percentage30%

8、14%11%18%9%14%12%21%21%Europe总收入827281767857917188YoY89%-14%-2%43%-6%-21%12%-6%13%QoQ55%-13%12%-6%2%-27%60%-21%23%Percentage8%7%7%7%6%4%6%5%6%Rest Of Asia总收入383646405842454329YoY76%24%25%-3%51%18%0%6%-50%QoQ-7%-7%27%-12%44%-27%7%-6%-32%Percentage4%3%4%4%5%3%3%3%2%总收入1,0701,0931,1201,0971,2581,4131,5

9、091,4241,460数据来源：KLA公司官网，广发证券发展研究中心表3：KLA 2018年中至今季度Segment数据2（单位：百万美元）项目4Q181Q192Q193Q194Q191Q202Q203Q204Q20按产品划分(Systems 与 Services 分开)：Product总收入8418298527939181,0581,1451,0511,076YoY14%9%12%-1%9%28%34%32%17%QoQ5%-1%3%-7%16%15%8%-8%2%Percentage79%76%76%72%73%75%76%74%74%Service总收入2302642683043413

10、55365373384YoY14%26%25%36%49%35%36%23%13%QoQ3%15%1%14%12%4%3%2%3%Percentage21%24%24%28%27%25%24%26%26%总收入1,0701,0931,1201,0971,2581,4131,5091,4241,460数据来源：KLA公司官网，广发证券发展研究中心表4：KLA 2018年中至今季度Segment数据3（单位：百万美元）项目4Q181Q192Q193Q194Q191Q202Q203Q204Q20按产品划分Wafer Inspection总收入503472506334403448606536490Yo

11、Y21%21%26%-31%-20%-5%20%60%22%QoQ3%-6%7%-34%21%11%35%-12%-9%Percentage47%43%45%30%32%32%40%38%34%Patterning总收入310309289286289383289299308YoY25%5%5%14%-7%24%0%5%6%QoQ24%0%-7%-1%1%32%-25%3%3%Percentage29%28%26%26%23%27%19%21%21%Specialty Semiconductor Process总收入5057616983YoYN/AN/AN/AN/A65%QoQN/A13%7%1

12、3%20%Percentage4%4%4%5%6%PCB, Display and Component Inspection总收入126120129104144YoYN/AN/AN/AN/A14%QoQN/A-5%8%-19%38%Percentage10%8%9%7%10%Service总收入225273295287340355365373384YoY-13%5%8%9%51%30%24%30%13%QoQ-14%21%8%-3%18%4%3%2%3%Percentage21%25%26%26%27%25%24%26%26%Other/Non-semi总收入32393019050505943

13、51YoY99%53%12%807%57%29%98%-77%1%QoQ53%21%-23%538%-74%-1%18%-27%19%Percentage3%4%3%17%4%4%4%3%3%总收入1,0701,0931,1201,0971,2581,4131,5091,4241,460数据来源：KLA公司官网，广发证券发展研究中心表5：KLA 2018年中至今季度Segment数据4（单位：百万美元）项目4Q181Q192Q193Q194Q191Q202Q203Q204Q20按产品划分(Systems + Services)：Semiconductor Process Control总收入1

14、,0031,1641,2481,1781,157YoYN/AN/AN/AN/A15%QoQN/A16%7%-6%-2%Percentage80%82%83%83%79%Specialty Semiconductor Process总收入67697585100YoYN/AN/AN/AN/A50%QoQN/A4%8%13%18%Percentage5%5%5%6%7%PCB, Display and Component Inspection总收入185179186160202YoYN/AN/AN/AN/A9%QoQN/A-3%4%-14%26%Percentage15%13%12%11%14%Ot

15、her/Non-semi总收入52010.4YoYN/AN/AN/AN/A-92%QoQN/A-60%-100%N/A-60%Percentage0%0%0%0%0%总收入1,2591,4131,5091,4241,460数据来源：KLA公司官网，广发证券发展研究中心表6：KLA 2018年中至今季度Segment数据5（单位：百万美元）项目4Q181Q192Q193Q194Q191Q202Q203Q204Q20按应用领域划分：Memory总发货738576665364552500499365463YoY138%28%-10%-54%-25%-13%-25%0%-16%QoQ-7%-22%15%-45%52%-9%0%-27%27%Percentage69%57%61%38%51%43%40%31%40%Foundry总发货235384262517379512649648579YoY-62%-2%26%290%61%33%148%25%53%QoQ78%63%-32%98%-27%35%27%0%