Giantec Semiconductor(SH:688123)2024-07-23 10:41Revenue Growth - The company expects to achieve a revenue of 514.68 million yuan for the first half of 2024, representing a growth of 62.37% compared to the same period last year[4]. - The previous year's revenue for the same period was 316.98 million yuan, and the net profit attributable to shareholders was 63.56 million yuan[6]. Profitability - The net profit attributable to shareholders is projected to be 142.96 million yuan, an increase of 124.93% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is estimated at 144.82 million yuan, reflecting a year-on-year growth of 222.60%[5]. - The company's profitability has significantly improved due to the increased sales proportion of high-value-added products in automotive electronics and industrial control markets[8]. Product Performance - The significant revenue growth is driven by increased demand in downstream application markets and successful product upgrades, particularly in SPD, NOR Flash, automotive-grade EEPROM, and industrial-grade EEPROM products[7]. - The company reported that the shipment of NOR Flash products exceeded 170 million units in the first half of 2024, with a second-quarter shipment of over 113 million units, representing a more than 100% increase compared to the first quarter[8]. Market Expansion - The company is actively expanding into key overseas markets such as Europe, South Korea, and Japan, enhancing brand recognition and market competitiveness for automotive-grade EEPROM products[8]. Forecast Accuracy - The company emphasizes that there are no significant uncertainties affecting the accuracy of this performance forecast[9]. - The forecast data is preliminary and subject to change upon the release of the official 2024 semi-annual report[10].