Shenzhen China Micro Semicon (SH:688380)2025-01-24 10:05Revenue Projections - The company expects to achieve approximately 912 million CNY in revenue for 2024, representing a year-on-year growth of about 27.80%[3]. - In the previous year, the company reported a revenue of 713.57 million CNY and a net loss of 21.95 million CNY[5]. - Revenue from industrial control and automotive electronics sectors has seen significant growth during the reporting period[7]. Profitability Outlook - The projected net profit attributable to the parent company for 2024 is around 135 million CNY, marking a turnaround from a loss in the previous year[3]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is estimated to be approximately 89 million CNY for 2024[3]. Industry Trends - The recovery in the global integrated circuit industry has driven a rebound in downstream demand, contributing to rapid revenue growth[6]. Financial Reporting and Audit - The financial data in this forecast has not been audited by an accounting firm, and the company has not identified any major uncertainties affecting the accuracy of the forecast[8]. - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the 2024 annual report[9]. Margin Improvement - The company's gross margin has significantly improved due to the consumption of high-cost inventory, product iteration, and ongoing supply chain optimization[7].