唯捷创芯2024年实现营收21.03亿元，今年Q1同比增长10.24%

Core Viewpoint - The company, Weijie Chuangxin, reported a significant decline in revenue and net profit for the fiscal year 2024, primarily due to intensified competition in the RF front-end chip market, leading to price pressures on certain products [4][5][6]. Financial Performance Summary - For the fiscal year 2024, Weijie Chuangxin achieved operating revenue of 210,304.02 million RMB, a decrease of 29.46% compared to the previous year [3][5]. - The net profit attributable to shareholders was -2,372.51 million RMB, down 121.13% year-on-year [5]. - The net profit after excluding non-recurring gains and losses was -5,267.21 million RMB, reflecting a 150.91% decline from the previous year [5]. - The cash flow from operating activities was -318,255.04 million RMB, a decrease of 142.79% compared to the previous year [4]. Revenue Breakdown - The RF power amplifier module contributed 166,303.52 million RMB in revenue, with 5G RF power amplifier modules generating 90,279.20 million RMB, accounting for 54.29% of this business line, an increase of 2.24 percentage points year-on-year [3]. - Revenue from receiving end products reached 43,864.67 million RMB, a year-on-year increase of 26.31%, representing 20.87% of the company's main business [3]. R&D and Cost Management - R&D investment for 2024 was 43,797.4 million RMB, accounting for 20.83% of operating revenue, an increase of 5.65 percentage points from the previous year [4]. - The company is actively optimizing its product structure and controlling costs to mitigate the adverse effects of market competition on performance [4]. Q1 2025 Performance - In Q1 2025, Weijie Chuangxin reported operating revenue of 50,855.68 million RMB, a year-on-year increase of 10.24% [5][7]. - The net profit attributable to shareholders was -1,812.76 million RMB, a decrease of 1,275.46 million RMB compared to the same period last year [5]. - The cash flow from operating activities turned positive at 32,501.16 million RMB, an increase of 58,756.96 million RMB year-on-year, attributed to increased product shipments and reduced inventory [8].