Amlogic(SH:688099)2025-02-27 10:00Financial Performance - In 2024, the company achieved total revenue of RMB 592.63 million, a year-on-year increase of 10.34% from RMB 537.09 million[4] - The net profit attributable to the parent company reached RMB 821.00 million, reflecting a significant year-on-year growth of 64.85% compared to RMB 498.04 million[4] - The company reported a basic earnings per share of RMB 1.96, up 63.33% from RMB 1.20 in the previous year[4] - The total assets at the end of the reporting period were RMB 736.58 million, a 15.89% increase from RMB 635.61 million at the beginning of the period[4] Research and Development - The company's R&D expenses for 2024 amounted to RMB 1.35 billion, an increase of RMB 67 million from the previous year, with cumulative R&D expenses over the past three years totaling RMB 3.82 billion[8] Product Performance - The S series products secured the largest market share in domestic operator tenders, while the T series saw sales increase by over 30% year-on-year[7] - The W series sales exceeded 14 million units in 2024, marking a cumulative total of over 30 million units since its launch in 2020[7] Operational Efficiency - The company expects continued growth in Q1 2025 and throughout the year, driven by new product launches and improved operational efficiency[10] - The company confirmed that 2024 was designated as the "Year of Operational Efficiency Improvement," with ongoing initiatives expected to enhance operational performance further[10] Profitability - The company’s gross profit margin improved to 37.77% in the second half of 2024, up from 35.37% in the first half[10]