Allwinner Technology (SZ:300458)2024-10-08 10:28Financial Performance Expectations - The company expects a net profit attributable to shareholders of 140 million to 156 million RMB for the first three quarters of 2024, compared to a loss of 20.56 million RMB in the same period last year [2]. - For Q3 2024 (July 1 - September 30), the expected net profit attributable to shareholders is between 24 million and 35 million RMB, compared to a loss of 3.57 million RMB in the same period last year [3]. - The company anticipates a net profit after deducting non-recurring gains and losses of 10 million to 11.8 million RMB for the first three quarters of 2024, compared to a loss of 42.21 million RMB last year [2]. Revenue and Market Outlook - Revenue is projected to increase by approximately 50% year-on-year due to improved shipment volumes driven by recovering downstream market demand [5]. Non-Recurring Gains and Losses - The expected impact of non-recurring gains and losses on net profit is estimated to be between 39 million and 43 million RMB [5]. R&D Investment - R&D expenses have increased by about 10% year-on-year to support the development of new chip products and solutions for emerging applications such as smart vehicles and robotic vacuums [5]. Financial Reporting and Caution - The financial data in the earnings forecast has not been audited by registered accountants [4]. - The specific financial data will be detailed in the company's Q3 2024 report, and investors are advised to make cautious decisions [6].