研发投入占营收比重不足4%低于科创板上市企业，业内普遍关注的是上市规则，包括是否符合定位条件、是否掌握具有自主知识产权的核心技术、是否具备突破核心技术的基础及潜力等。不过，此次申请科创板上市，传音控股选择的上市标准是“预计市值不低于10亿元，最近两年净利润均为正切净利润不低于5000万元，或者预计市值不低于10亿元，最近一年净利润为正切营业收入不低于1亿元”，巧妙的避开了“研发支出要求”。有业内人士不禁提出质问，对于注重高科技研发等核心指标的科创板而言，传音控股的上市定位是否准确。
传音控股研发费占营收比不足4% 核心产品“百元机”还能红多久？
中国网 2019-04-04
2018niancengshitujieqiaoxinjiebengyejishenaguweinengruyuandedechuanyinkonggujuantuzhonglai，zaizheicimiaozhundedangxiazhishoukeredekechuangban。
jiezhi4yue3riwanjian，gongyou44jiaqiyetijiaokechuangbanshangshishenqinghuoshouli，chuanyinkonggujiushiqizhongzhiyi。zhaogushuxianshi，chuanyinkonggunigongkaifaxingbudiyu8000wanguaguputonggu，zhanfaxinghoubilibudiyu10%，baojianjigoushizhongxinzhengquan。
zhongguowangcaijingjizhefaxian，chuanyinkonggudezheifenzhaogushu，zaijiangqijinglideyingshouzhanxianzaigongzhongmianqiandetongshi,yepuguangleyanfa、chuangxinshangdebuzudengfengxian。youyeneirenshibujintichuzhiwen，duiyuzhuzhonggaokejiyanfadenghexinzhibiaodekechuangbaneryan，chuanyinkonggudeshangshidingweishifouzhunque？shangcunyouyisiyiwen。
售价65元的功能机销量占比逾七成
gongkaiziliaoxianshi，chuanyinkongguchengliyu2013nian，zhuyaocongshiyishoujiweihexindezhinengzhongduandesheji、yanfa、shengchan、xiaoshouhepinpaiyunying，zhuyaochanpinweitecno、itelheinfinixsandapinpaishouji。
2016-2018nian，baogaoqineichuanyinkonggufenbieshixianyingshou116.37yiyuan、200.44yiyuanhe226.46yiyuan，jinglirunfenbiewei8.63yiyuan、6.77yiyuanhe6.53yiyuan。
2018nian，chuanyinkonggugongshouchu1.24yibushouji，quanbuchukouhaiwai，qizhongzaifeizhoudeshichangfeneda48.71%，beiyuwei“zhongguoshoujihaiwaishichangyinxingguanjun”、“feizhouzhiwang”。
zaichuanyinkongguqunianmaichudeyuyitaishoujizhong，junjiawei65.95yuan/budegongnengjixiaoliangwei9022wanbu，zhanxiaoshouzongliangdebiliwei72.58%，danqichuangzaodeshourujinwei59.5yiyuan，zhangongsizongshourubilijinwei26.27%；erzhinengjiqunianmaichu3866wanbu，quejichuanyinkonggudailaileyue155yiyuandeshouru，zhanzongshourudebilijiejinqicheng。
zheizhengshichuanyinkonggudeyingshang，gongnengjiweiqigongxianlepiaoliangdechuhuoshuju，quenanyidailaijiaoduodeshouru。
值得一提的是，传音控股智能机的均价454.38元/部，2018年出货量在各品牌手机中排名第9，与排名第1的zhinengji2.92yibuchuhuoliangxiangcha87%。huaweihexiaomidezhinengjichuhuoliangyefenbiewei2.06yibuhe1.23yibu。
chuanyinkonggudezhinengjichannengyebugao。zhaogushuxianshi，2016-2018nian，chuanyinkongguzhinengjideziyouchannengfenbiewei837wanbu、835wanbuhe930wanbu，tongqigongnengjideziyouchannengfenbiewei2148wanbu、3550wanbuhe4200wanbu。
zhidezhuyideshi，muqianfeizhoudabufenshichangchuyugongnengjixiangzhinengjizhuanhuandexingyehonglijieduan，zheiyuzhongguodefazhanlujingxiangsi,erzheiyizhuanbianguochengzaizhongguojinyong2nianzuoyoujiwanchengle。zheizhongtiaozhanduichuanyinkongguyouheyingxiang，gongsiyouhejutizhunbei？zhongguowangcaijingjizhezhihanchuanyinkonggu，jiezhifagaoshiweihuodehuifu。
研发投入占营收比重不足4%
diyukechuangbanshangshiqiye，yeneipubianguanzhudeshishangshiguize，baokuoshifoufuhedingweitiaojian、shifouzhangwojuyouzizhuzhishichanquandehexinjishu、shifoujubeitupohexinjishudejichujiqianlideng。yisimurenshigaosuzhongguowangcaijingjizhe，chuanyinkonggudehexinyewuzhuyaoweigongnengji，zhengtishanglaikan，zaichuangxinshangzuodebushitebietuchu。
zhaogushuxianshi，chuanyinkonggumuqianyongyou20duoxiangxingyelingxiandehexinjishu,qudele600xiangzhuanli，haiyou1554jianzhuanlizhengzaishenqingzhong。chuanyinkongguyeqiangdiao，jishuchuangxinshigongsihexinzhanlvezhiyi,chuangliyilaishizhongbaochiduijishuyanfadejiaogaojinetouru。
danduibiqitashoujiqiyelaikan，chuanyinkonggudechuangxinnenglizexiangduiboruo。gongkaishujuxianshi，2018nianshangbannianopposhenqingzhuanli2815jian，xiaomishenqingzhuanlishuliang1224jian；2018nianquannian，huaweixiangshijiezhishichanquanzuzhitijiaole5405fenzhuanlishenqing。
bujinzhuanlishuliangshao，duiyugaoduyilaijishudeshoujigongsi，chuanyinkonggudeyanfatouruyebuzu。2015-2018nian，chuanyinkonggudeyanfazhichufenbiewei3.85yiyuan、5.98yiyuanhe7.12yiyuan，zhanyingyeshourudebiliwei3.31%、2.99%he3.14%。
congyuangonggouchenglaikan，chuanyinkonggu2018nianmoyongyouyuangong14317ren，qizhongshengchanrenyuanhexiaoshourenyuanfenbiezhanbi36.08%、34.48%，yanfarenyuanjinzhanbi10.60%。
buguo，cicishenqingkechuangbanshangshi，chuanyinkongguxuanzedeshangshibiaozhunshi“yujishizhibudiyu10yiyuan，zuijinliangnianjinglirunjunweizhengqiejinglirunbudiyu5000wanyuan，huozheyujishizhibudiyu10yiyuan，zuijinyinianjinglirunweizhengqieyingyeshourubudiyu1yiyuan”，qiaomiaodebikaile“yanfazhichuyaoqiu”。(jizheshuyue jianxijizhehujingling)
