思特威：一季度净利同比大增 进一步夯实国产CIS领域优势地位

Core Insights - The company reported significant growth in revenue and net profit for 2024 and Q1 2025, with a revenue of 5.968 billion yuan in 2024, up 108.87% year-on-year, and a net profit of 393 million yuan, up 2662.76% year-on-year [1] - In Q1 2025, the company achieved a revenue of 1.750 billion yuan, an increase of 108.94% year-on-year, and a net profit of 191 million yuan, up 1264.97% year-on-year [1] - The company has strengthened its position in the domestic CIS market through technological innovation and market expansion [1] Business Segments - In the smartphone sector, the company generated 3.291 billion yuan in revenue, accounting for approximately 55.15% of total revenue, with a year-on-year growth of 269.05% [2] - The company’s products for high-end flagship smartphones now account for over 50% of its smartphone business revenue, driving significant growth [2] - In the smart security sector, the company achieved revenue of 2.150 billion yuan, representing about 36.03% of total revenue, with a year-on-year increase of 28.64% [2] - In the automotive electronics sector, the company reported revenue of 527 million yuan, making up about 8.83% of total revenue, with a year-on-year growth of 79.09% [3] Research and Development - The company invested 447 million yuan in R&D in 2024, a 56.35% increase year-on-year, and holds a total of 464 authorized patents [4] - The company has received numerous awards for its R&D capabilities across various fields, maintaining a leading position in the global security CIS market [4] Future Outlook - The company plans to continue increasing R&D investment, optimizing its product matrix, and enhancing product performance and user experience [5] - The focus will remain on maintaining strong partnerships with core customers and expanding into emerging application areas [5]