Amlogic(688099)2024-10-15 07:54Financial Performance - For the first three quarters of 2024, the company expects to achieve revenue of approximately 4.64 billion yuan, an increase of about 782.3 million yuan, representing a year-on-year growth of 20.28%[1] - The net profit attributable to the parent company for the same period is expected to be around 594 million yuan, an increase of approximately 280.3 million yuan, reflecting a year-on-year growth of 89.32%[1] - The net profit attributable to the parent company after deducting non-recurring gains and losses is projected to be about 550 million yuan, up approximately 283.3 million yuan, indicating a year-on-year increase of 106.26%[1] - The net profit attributable to the parent company in Q3 was approximately 232 million yuan, an increase of about 103 million yuan, reflecting a year-on-year growth of around 80%[5] Product Performance - The T series sales revenue grew by over 50% year-on-year, continuing its trend as the company's largest product line[3] - The W series Wi-Fi 6 chips have gained significant market share in domestic operator tenders, with expected annual sales to exceed 10 million units in 2024[3] - The company has developed a 6nm chip based on the new ARM V9 architecture, which improves CPU performance by over 60% and GPU performance by over 230% compared to previous generations[3] Operational Strategy - The company plans to continue expanding its sales scale and enhancing R&D investment, with a focus on improving operational efficiency in 2024[4] - The company achieved a comprehensive gross margin of approximately 38.22% in Q3, an increase of about 2.24 percentage points year-on-year[5] - The company anticipates that the overall global consumer electronics market will continue to recover, contributing to revenue growth in 2024, although specific performance remains uncertain[5]