美芯晟(688458) - 2025 Q2 - 季度业绩预告

I. Current Period Performance Forecast The company projects H1 2025 operating revenue of approximately 265 million CNY (up 37%), with net profit attributable to shareholders at 0.5 million CNY (up 131%, turning profitable), and non-recurring net profit narrowing losses by 88% Key Financial Performance Forecast | Metric | H1 2025 Forecast | H1 2024 | YOY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | Approx. 265 million CNY | 194 million CNY | Approx. +37% | | Net Profit Attributable to Shareholders | Approx. 0.5 million CNY | -16.0207 million CNY | Approx. +131% (Turned Profitable) | | Non-Recurring Net Profit Attributable to Shareholders | Approx. -0.33 million CNY | -28.317 million CNY | Approx. +88% (Losses Narrowed) | - These performance forecast data are preliminary estimates by the company's financial department and have not been audited by a certified public accountant[2] II. Prior Period Performance and Financial Status In H1 2024, the company reported 194 million CNY in operating revenue, a net loss attributable to shareholders of -16.0207 million CNY, and a non-recurring net loss of -28.317 million CNY, with basic EPS at -0.15 CNY H1 2024 Key Financial Performance | Metric | H1 2024 | | :--- | :--- | | Operating Revenue | 193.7357 million CNY | | Net Profit Attributable to Parent Company Shareholders | -16.0207 million CNY | | Net Profit After Non-Recurring Items | -28.317 million CNY | | Basic Earnings Per Share | -0.15 CNY | III. Main Reasons for Current Period Performance Change Significant performance improvement is attributed to revenue growth driven by increased customer demand and new product adoption, coupled with enhanced profit margins from high-margin products, optimized supply chain costs, and improved operational efficiency Revenue Growth Drivers Revenue grew approximately 37% year-on-year, driven by increased optical sensor demand from smartwatch clients, new ToF laser sensor applications in robotics, and rapid growth in wireless charging products - Increased demand from leading smartwatch brands significantly boosted optical sensor business year-on-year[4] - New products like ToF laser sensors rapidly penetrated the robotics sector, with accelerated validation for applications in smartphones and AIoT terminals[4] - The wireless charging product line maintained rapid growth due to ecosystem expansion, increased terminal demand, and technological upgrades[4] Reasons for Profit Margin Improvement Gross and net profit margins improved significantly due to a higher proportion of high-margin product sales, optimized costs through technology development and supply chain collaboration, and enhanced operational efficiency from economies of scale - The company's commitment to R&D innovation and increased sales of high-margin products boosted overall gross profit margin[5] - Independent development of BCD, optical, and laser device process technologies, combined with deep supply chain collaboration, effectively optimized costs and improved yield rates[5] - Economies of scale became evident, with revenue and gross profit growth exceeding expense growth, thereby increasing net profit and achieving profitability[5] IV. Risk Warning The company cautions that the performance forecast data are preliminary, unaudited estimates, with no significant uncertainties affecting accuracy identified to date - This performance forecast represents preliminary estimates by the company's financial department and has not been audited by an accounting firm[6] V. Other Explanatory Matters The company advises that final accurate financial data will be based on the officially disclosed 2025 semi-annual report, and reminds investors to be aware of investment risks - Specific financial data will be subject to the company's officially disclosed 2025 semi-annual report, and investors are reminded to be aware of risks[7]