卓胜微2024年营收44.87亿元，射频模组销售占比突破42%

Core Viewpoint - The company reported a slight increase in revenue for 2024, but significant declines in net profit and cash flow, indicating potential challenges in profitability despite revenue growth [3][4]. Financial Performance - The company achieved an operating income of 4.487 billion yuan in 2024, representing a year-on-year increase of 2.48% [4]. - The net profit attributable to shareholders was 401.83 million yuan, a decrease of 64.2% compared to the previous year [4]. - The net profit excluding non-recurring gains and losses was 363.55 million yuan, down 66.8% year-on-year [4]. - The net cash flow from operating activities was 80.28 million yuan, reflecting a significant decline of 95.76% [4]. - Basic earnings per share were 0.7522 yuan, a drop of 64.23% from the previous year [4]. Asset and Equity Position - Total assets at the end of 2024 reached 14.23 billion yuan, an increase of 29.89% from the end of 2023 [4]. - The net assets attributable to shareholders were 10.20 billion yuan, up 4.04% year-on-year [4]. Market and Product Development - The company has been focusing on the semiconductor industry, particularly in enhancing market coverage and penetration of RF modules, which increased from 36.34% in 2023 to 42.05% in 2024 [5]. - The company is advancing its "Smart Manufacturing" resource platform and has successfully scaled production of RF front-end products on its own production lines [5][6]. - Future plans include creating a comprehensive RF technology resource platform and expanding into more downstream application segments to enhance competitive differentiation [6].