利扬芯片(688135) - 2024 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net loss attributable to shareholders of the parent company for 2024 to be between -52 million and -70 million RMB, a decrease of 73.72 million to 91.72 million RMB compared to the previous year, representing a year-on-year decline of 339.40% to 422.27%[4] - The projected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between -55 million and -75 million RMB, a decrease of 66.37 million to 86.37 million RMB compared to the previous year, reflecting a year-on-year decline of 583.66% to 759.54%[4] Operating Costs and Investments - The increase in operating costs is attributed to the gradual release of previously laid-out production capacity, leading to higher fixed costs such as depreciation, amortization, and labor[7] - The company anticipates that the ongoing investment in high-end testing and wafer thinning capacity will significantly increase costs and funding requirements in the short term[7] Strategic Focus and Partnerships - The company has emphasized the importance of R&D investment, focusing on integrated circuit testing solutions to support future revenue growth[7] - The company is implementing a strategic layout with a focus on independent third-party wafer testing and chip product testing services, aiming to enhance its core competitiveness[8] - The company has established stable strategic partnerships with well-known design enterprises, which is expected to improve overall profitability as new product projects are introduced[8] Financial Challenges - The company has experienced a significant increase in interest expenses due to a substantial rise in interest-bearing liabilities following the issuance of convertible bonds[7] - The company has recognized goodwill impairment related to its subsidiary, Dongguan Qianying Electronics Co., Ltd., due to underperformance in the macro market and industry environment[7] Financial Reporting - The financial data provided in the earnings forecast is preliminary and has not been audited by registered accountants, with the final figures to be disclosed in the audited annual report[10]