삼성전자재고52조 메모리반도체 폭락, 증권사‘주가상승'

삼성전자 재고 52조 메모리반도체 폭락, 증권사 ‘주가상승’

메모리 반도체 산업의 최악 침체에서 증산을 고수했던 삼성전자가 34% 가격 하락과 재고자산이 사상 최대인 52조1878억원을 기록했고 600대 기업 조사에서 재고전망이 급상승했다.

국내 증권사들은 삼성전자의 현재 주가가 6만원대에서 향후 8만원선으로 상승 전망으로 보고서를 20일 내놨다.

시장조사기관 트렌드포스가 휴대전화와 PC에 주로 쓰이는 D램 평균 가격이 지난해 4분기 전년대비 34.4% 폭락하며, 이전 분기의 31.4% 하락보다 더 심화한 것으로 블룸버그가 20일 보도했다.

삼성전자가 공시한 감사보고서는 지난해 말 미처분 이익잉여금(사내 유보금)이 145조6519억원으로, 2021년(122조2506억원) 대비 18.8% 늘어나며 역대 최대치에서 재고자산은 사상 최대인 52조1878억원으로 2021년의 41조3844억원보다 20.7% 증가했다고 20일 밝혔다.

삼성전자 재고자산은 제품 및 상품 재고(완성품)이 16조322억원으로 1년 전 보다 23.4% 증가했고 반제품 및 재공품(제조과정 제품)은 20조775억원으로 32.8% 급증했다.

산업통상자원부의 반도체 수출액 집계는 올해 1월 60억달러로 1년 전보다 44.5% 감소했다.

반도체 수출 감소세는 지난해 11월 -17.4%, 11월 -29.9%, 12월 -29.1%, 1월 -44.5% 식으로 가파르게 상승하면서 무역적자의 원인이 됐다.

전국경제인연합회(전경련)의 600대 기업경기실사지수(BSI) 조사에서 반도체 등 관련 제품의 수요 감소 영향으로 3월 전자·통신장비 재고전망이 125.0로 지난해 3월 조사의 94.1에서 급상승으로 21일 밝혔다.

기업 재고전망은 100을 넘을 경우 재고과잉 상태를 나타낸다.

반도체가 포함된 전자·통신장비에 대한 BSI는 80.0을 기록하며 전월 조사 때보다 5.7p 더 내려가며 제조업 업종에서 가장 낙폭이 컸다.

KB증권은 20일 보고서에서 삼성전자의 목표주가 8만원을 유지하며 2분기를 저점으로 반도체 영업이익이 3분기부터 회복세에 진입할 것이라고 전망했다.

유안타증권은 삼성전자의 목표가로 9만원을 유지하며 삼성전자의 D램 수요 성장률을 11%로 추정하는 보고서를 냈다.

대신증권은 지난 3일 보고서에서 삼성전자의 목표주가를 기존 6만5천원에서 8만원으로 23% 올렸다.

하이투자증권은 20일 리포트에서 삼성전자의 목표주가로 7만5천원을 유지하며, 올해는 연간 매출과 영업이익이 전년대비 10.4%, 65.7% 감소 전망이나 내년 실적은 수요 회복과 여전히 낮을 반도체 업계 생산 증가율로 인해 개선 가능성을 높다고 봤다.kimjc00@hanmail.net

Samsung Electronics' inventory of 52 trillion memory semiconductors plummeted, securities firms' stock price rises'

Samsung Electronics, which continued to increase production during the worst recession in the memory semiconductor industry, recorded a 34% drop in price and a record-high inventory of 52.1878 trillion won, and its inventory outlook rose sharply in a survey of 600 companies.

Domestic securities firms released a report on the 20th, predicting that Samsung Electronics' stock price will rise from the current 60,000 won level to the 80,000 won level in the future.

Bloomberg reported on the 20th that market research firm TrendForce reported that the average price of DRAM, which is mainly used in mobile phones and PCs, plunged 34.4% year-on-year in the fourth quarter of last year, a steeper decline than the 31.4% drop in the previous quarter.

An audit report disclosed by Samsung Electronics showed that unappropriated retained earnings (internal reserves) at the end of last year were 145,651.9 billion won. It increased by 18.8% from 2021 (122.2506 trillion won), and inventory assets increased by 20.7% from 41.3844 trillion won in 2021 to 52.1878 trillion won, the highest ever.

As for Samsung Electronics' inventory assets, product and product inventories (finished products) increased by 23.4% from a year ago to 16.322 trillion won, while semi-finished products and work in progress products (products in the manufacturing process) surged 32.8% to 20.775 trillion won.

The Ministry of Trade, Industry and Energy's exports of semiconductors in January of this year were $6 billion, down 44.5% from a year ago.

The decline in semiconductor exports contributed to the trade deficit as they rose sharply last year, -17.4% in November, -29.9% in November, -29.1% in December, and -44.5% in January.

In a survey of the 600 largest business survey index (BSI) by the Federation of Korean Industries (FKI), the outlook for electronic and communication equipment inventory in March was 125.0 due to the decline in demand for related products such as semiconductors, which was announced on the 21st, a sharp increase from 94.1 in the survey in March last year. .

If the company's inventory forecast exceeds 100, it indicates an overstock condition.

The BSI for electronic and communication equipment, including semiconductors, recorded 80.0, down 5.7p from the previous month's survey, the largest drop in the manufacturing industry.

With the current share price hovering around the 60,000 won mark, foreigners have been sweeping Samsung Electronics in large numbers since the beginning of the year.

According to the financial investment industry on the 20th, as a result of analyzing Samsung Electronics-related reports published this month, eight securities companies set Samsung Electronics' target stock price above the 80,000 won mark.

KB Securities maintained its target price of 80,000 won for Samsung Electronics in a report on the 20th, predicting that semiconductor operating profit would begin to recover from the third quarter after bottoming out in the second quarter.

Yuanta Securities maintained Samsung Electronics' target price of 90,000 won and published a report estimating Samsung Electronics' DRAM demand growth at 11%.

In its report on the 3rd, Daishin Securities raised the target stock price of Samsung Electronics by 23% from 65,000 won to 80,000 won.

Hi Investment & Securities maintained its target price of 75,000 won for Samsung Electronics in its report on the 20th, and its annual sales and operating profit are expected to decline by 10.4% and 65.7% year-on-year this year, but next year's performance will be expected to remain low due to demand recovery and the semiconductor industry It is believed that there is a high possibility of improvement due to the rate of increase in production.

DRAM, business survey index (BSI), memory semiconductor crash, trade deficit, silent stock price, Samsung Electronics inventory, overstock, stock price rise, securities company report