本次注销股票期权事项不影响公司股本结构，不会对公司的财务状况和经营 成果产生实质性影响，且不影响公司 2022 年股票期权与限制性股票激励计划、 2022 年第二期股票期权与限制性股票激励计划及 2024 年股票期权与限制性股票 激励计划的继续实施。 特此公告。 瑞芯微电子股份有限公司董事会 2024 年 11 月 6 日 1 关于部分股票期权注销完成的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 瑞芯微电子股份有限公司（以下简称"公司"）于近日在中国证券登记结算 有限责任公司上海分公司办理完毕 31,500 份股票期权注销事宜。 上述股票期权注销相关议案已经公司第三届董事会第三十四次会议和第三 届监事会第三十二次会议审议通过。具体内容详见公司于《上海证券报》《证券 日报》《中国证券报》《证券时报》及上海证券交易所网站（www.sse.com.cn） 披露的《瑞芯微电子股份有限公司关于注销部分股票期权的公告》（公告编号： 2024-067）。 证券代码：603893 证券简称：瑞芯微 公告编号：2024-068 ...

证券代码：603893 证券简称：瑞芯微 瑞芯微电子股份有限公司 投资者关系活动记录表 （2024 年 10 月） | --- | --- | --- | --- | |-----------------|-----------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------| | 投资者关系 ...

瑞芯微（603893.SH） 半导体 证券研究报告/公司点评报告 2024 年 10 月 28 日 Q3 收入再创新高，端侧 AI 有望带动量价齐升 | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

财联社财经通讯社打开APP18:00:50【瑞芯微：目前最新制程的旗舰芯片处于前期设计阶段】财联社10 月28日电，瑞芯微高级副总裁李诗勤在今日举行的2024年第三季度业绩说明会上表示：公司在研的算力 芯片在研发阶段；最新制程的旗舰芯片，目前处于前期设计阶段，考虑到芯片的复杂性和客户需求的多 样性，在前期阶段会投入比较多的时间，目前均进展顺利。 （财联社记者 陆婷婷）半导体芯片算力算力芯片财联社声明：文章内容仅供参考，不构成投资建议。 投资者据此操作，风险自担。 2024-10-28 18:00:5048145 阅读商务合作发送 ...

证券代码：603893 证券简称：瑞芯微 瑞芯微电子股份有限公司 投资者关系活动记录表 （2024 年第三季度业绩说明会） | --- | --- | --- | --- | --- | --- | |------------|---------------------------------------------------------------------------------------------|------------------------------------------|-------------------------------------------------------|--------|--------------------------------------------------------------------------| | | | | | | | | 投资者关系 | □特定对象调研 □分析师会议 | | □媒体采访 | | 业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | □现场参观 □ 其他 | | | | 参与单位 | 投资者提问 | ...

Investment Rating - Buy rating maintained for Rockchip Microelectronics (603893) [2] Core Views - Strong recovery in performance with new products expected to drive growth [2] - Downstream demand has fully rebounded, with potential for further improvement in gross margin [3] - New products are rapidly gaining market share, with multiple product lines expected to see increased market penetration [3] Financial Performance - Revenue for the first three quarters of 2024 reached 2.16 billion yuan, a year-on-year increase of 48.47% [2] - Net profit attributable to the parent company for the first three quarters of 2024 was 352 million yuan, a year-on-year increase of 354.90% [2] - Q3 2024 revenue was 911 million yuan, a year-on-year increase of 51.36%, and a quarter-on-quarter increase of 29.12% [2] - Q3 2024 net profit attributable to the parent company was 169 million yuan, a year-on-year increase of 221.68%, and a quarter-on-quarter increase of 46.75% [2] - Gross margin for Q3 2024 was 37.34%, up 1.26 percentage points year-on-year and 0.48 percentage points quarter-on-quarter [3] - Net profit margin for Q3 2024 was 18.54%, up 9.82 percentage points year-on-year and 2.23 percentage points quarter-on-quarter [3] Market and Product Analysis - Downstream demand recovery is evident in automotive electronics, industrial, and consumer markets, driven by AIoT demand [3] - New products such as RK3576, RK2118, and RV1103B are being rapidly adopted by leading customers in target markets [3] - RK3576 has been introduced to leading customers in target scenarios, while RK2118 is undergoing testing with leading automotive companies and collaborating with top audio manufacturers [3] - The company's "Goose Formation Strategy" with RK3588 series as the flagship has enabled it to serve diverse market needs, with further market share growth expected in AIoT product lines [3] Financial Projections - Revenue for 2024-2026 is projected to be 3.219 billion yuan, 4.225 billion yuan, and 5.323 billion yuan, respectively [4] - Net profit attributable to the parent company for 2024-2026 is projected to be 537 million yuan, 796 million yuan, and 1.086 billion yuan, respectively [4] - EPS for 2024-2026 is projected to be 1.28 yuan, 1.90 yuan, and 2.60 yuan, respectively [5] - PE ratios for 2024-2026 are projected to be 70x, 47x, and 35x, respectively [4] Valuation Metrics - Current PE ratio is 281.34 [1] - PB ratio for 2024-2026 is projected to be 10.05x, 8.29x, and 6.69x, respectively [5] - EV/EBITDA for 2024-2026 is projected to be 78.23x, 50.26x, and 35.34x, respectively [5]

Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of RMB 106.10 [4][7]. Core Insights - The company achieved a record high revenue of RMB 911 million in Q3 2024, representing a year-over-year increase of 51.36% and a quarter-over-quarter increase of 29.12%. The net profit attributable to the parent company was RMB 169 million, up 221.68% year-over-year and 46.75% quarter-over-quarter, slightly exceeding the forecasted median of RMB 163 million [4][5]. - The growth is attributed to the company's increasing market share in the AIoT sector, particularly in automotive electronics and various industrial and consumer markets. The third quarter is traditionally a peak season for the industry, contributing to the revenue surge [4][5]. - The gross margin for Q3 2024 reached 37.34%, an increase of 1.26 percentage points year-over-year and 0.48 percentage points quarter-over-quarter, driven by cost optimization and a higher proportion of mid-to-high-end products [5][6]. Summary by Sections Financial Performance - Q3 2024 revenue was RMB 911 million, with a year-over-year growth of 51.36% and a quarter-over-quarter growth of 29.12%. The net profit was RMB 169 million, reflecting a year-over-year increase of 221.68% [4][5]. - The company’s gross margin improved to 37.34%, benefiting from cost management and product mix enhancement [5][6]. Market Outlook - For Q4 2024, a seasonal fluctuation in consumer revenue is anticipated, but the company has diversified its market presence across multiple sectors, which should help mitigate these effects. The gross margin is expected to remain stable in the long term due to ongoing trends towards high-end products [6][7]. - The company has established a new marketing system focused on product lines, particularly the RK3588 series, to cater to various market needs, including automotive electronics and AIoT applications [6][7]. Revenue and Profit Forecast - Revenue forecasts for 2024-2026 have been revised upwards to RMB 30.74 billion, RMB 39.20 billion, and RMB 48.06 billion, respectively. Net profit forecasts have also been increased to RMB 5.03 billion, RMB 7.27 billion, and RMB 10 billion for the same period [7][8].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has exceeded expectations in its performance for Q1-Q3 2024, driven by the continuous penetration of edge AI and the ramp-up of new products, indicating strong growth potential [2][3] - The revenue for Q1-Q3 2024 reached 2.16 billion yuan, representing a year-on-year increase of 48.47%, while the net profit attributable to shareholders was 352 million yuan, up 354.90% year-on-year [2] - The company is expected to maintain robust growth with new products contributing significantly to revenue, with forecasts for net profit attributable to shareholders for 2024-2026 at 548 million, 855 million, and 1.25 billion yuan respectively [2][3] Summary by Sections Financial Performance - In Q3 2024, the company achieved a revenue of 911 million yuan, a year-on-year increase of 51.36% and a quarter-on-quarter increase of 29.12% [2] - The gross margin for Q1-Q3 2024 was 36.52%, an increase of 1.70 percentage points year-on-year, while Q3 2024 gross margin was 37.34%, up 1.26 percentage points year-on-year [2] - The company’s new products, including RK3576, RK2118, and RV1103B, have shown promising adoption among leading clients, contributing to revenue growth [3] Market Demand and Product Development - The demand for AIoT products has been growing across various product lines, benefiting from the overall increase in the AIoT market and the company's strategic product matrix [3] - The company is positioned as a leader in AIoT SoC, with a diverse range of self-developed NPU capabilities, which is expected to enhance its competitive edge in the market [4] Future Outlook - Short-term outlook remains positive with new products expected to contribute to revenue in 2025, while long-term growth is anticipated as the company expands its AIoT chip product matrix [4] - The company’s financial forecasts indicate a significant recovery and growth trajectory, with expected revenue growth rates of 53.3%, 27.8%, and 28.7% for 2024, 2025, and 2026 respectively [5][6]

证券代码：603893 证券简称：瑞芯微 公告编号：2024-065 第三届监事会第三十二次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、 监事会会议召开情况 瑞芯微电子股份有限公司（以下简称"公司"）第三届监事会第三十二次会 议通知和材料于2024年10月18日以电子邮件方式向全体监事发出，会议于2024 年 10 月 22 日在公司会议室以现场结合通讯会议方式召开。会议应到监事 3 人， 实到监事 3 人，会议由监事会主席方赛鸿先生主持。本次会议的召集、召开符合 有关法律、法规、规范性文件及《公司章程》的规定，会议合法有效。 二、监事会会议审议情况 1、审议通过《关于<2024 年第三季度报告>的议案》 经核查，监事会认为： 1、公司 2024 年第三季度报告的编制和审议程序符合法律法规、上海证券交 易所相关规定的要求，报告的内容能够真实、准确、完整地反映公司 2024 年第 三季度的财务状况和经营成果。 2、2024 年第三季度报告编制过程中，未发现公司参与 2024 年第三季度报 告编制和审议 ...

Financial Performance - The company's revenue for Q3 2024 reached ¥911,004,357.30, representing a year-over-year increase of 51.36% and a quarter-over-quarter increase of 29.12%[4] - Net profit attributable to shareholders for Q3 2024 was ¥168,936,946.15, a significant year-over-year increase of 221.68% and a quarter-over-quarter increase of 46.75%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥166,610,319.44, reflecting a year-over-year increase of 224.03%[2] - The company achieved a total revenue of ¥2,159,606,597.14 for the first three quarters of 2024, marking a year-over-year growth of 48.47%[4] - The net profit for the first three quarters of 2024 was ¥351,709,019.93, which is a year-over-year increase of 354.90%[4] - Net profit for the third quarter of 2024 was ¥351,709,019.93, compared to ¥77,316,426.84 in the same quarter of 2023, indicating a substantial increase of 354.5%[16] - The total comprehensive income for the third quarter of 2024 was CNY 351,686,554.50, compared to CNY 77,454,135.64 in the same period of 2023, representing a significant increase[17] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥3,897,988,159.21, an increase of 11.14% compared to the end of the previous year[3] - Total assets increased to ¥3,897,988,159.21 in Q3 2024, compared to ¥3,507,219,550.74 in Q3 2023, marking a growth of 11.1%[14] - Total liabilities rose to ¥526,899,808.41 in Q3 2024, up from ¥446,479,460.68 in Q3 2023, reflecting an increase of 18.0%[14] - The company's total equity reached ¥3,371,088,350.80 in Q3 2024, compared to ¥3,060,740,090.06 in Q3 2023, representing a growth of 10.1%[14] Cash Flow - The company reported a net cash flow from operating activities of ¥851,333,498.55 for the year-to-date, reflecting a year-over-year increase of 114.09%[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 851,333,498.55, compared to CNY 397,649,657.03 in the same period of 2023, indicating a strong improvement[19] - Cash inflow from operating activities totaled CNY 2,315,351,222.01 for the first three quarters of 2024, up from CNY 1,740,263,928.52 in 2023[18] - Cash outflow from operating activities was CNY 1,464,017,723.46 in the first three quarters of 2024, compared to CNY 1,342,614,271.49 in the same period of 2023[19] - The net cash flow from investing activities for the first three quarters of 2024 was -CNY 208,587,559.38, worsening from -CNY 88,038,175.55 in 2023[19] - The net cash flow from financing activities for the third quarter of 2024 was -CNY 85,912,170.69, compared to -CNY 92,856,885.13 in the same period of 2023[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,807[9] - The largest shareholder, Li Min, holds 157,679,892 shares, representing 37.70% of the total shares[9] - The company has no pledged, marked, or frozen shares among the top shareholders[9] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest holding being 37.70%[9] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[10] Research and Development - The company introduced new products such as RK3576, RK2118, and RV1103B, which are expected to drive incremental value in the future[3] - Research and development expenses for the first three quarters of 2024 totaled ¥405,932,344.40, slightly up from ¥400,897,297.65 in 2023[16] Inventory and Receivables - Accounts receivable increased to ¥424,123,418.94 from ¥294,252,306.47 year-over-year[12] - Inventory decreased to ¥926,265,525.99 from ¥1,250,873,653.82 year-over-year[12] - Total current assets as of September 30, 2024, are ¥3,296,011,982.15, up from ¥2,853,127,598.17[12] - Non-current assets include fixed assets valued at ¥29,726,102.80, down from ¥40,433,289.19[12] Earnings Per Share - Basic and diluted earnings per share for the third quarter of 2024 were both CNY 0.84, up from CNY 0.19 in the third quarter of 2023[17]