BEKEN(SH:603068) Zhong Guo Jing Ji Wang·2025-05-28 03:29Core Viewpoint - Broadcom Integrated achieved a revenue of 828 million yuan in 2024, marking a year-on-year growth of 17.49%, but reported a net loss attributable to shareholders of 24.72 million yuan, an improvement from a loss of 94.03 million yuan in the previous year [1][2][3] Financial Performance Summary - 2024 Financial Results: - Revenue: 828 million yuan, up 17.49% from 704.59 million yuan in 2023 [1][2] - Net Profit (attributable to shareholders): -24.72 million yuan, improved from -94.03 million yuan in 2023 [1][2] - Net Profit (excluding non-recurring items): -42.78 million yuan, improved from -123.92 million yuan in 2023 [1][2] - Operating Cash Flow: -106 million yuan, down from 41.05 million yuan in 2023 [1][2] - 2025 Q1 Financial Results: - Revenue: 165 million yuan, down 1.56% from 168 million yuan in Q1 2024 [4][5] - Net Profit (attributable to shareholders): 16.49 million yuan, up 1,256.10% from 1.22 million yuan in Q1 2024 [4][5] - Net Profit (excluding non-recurring items): 2.67 million yuan, up 180.18% from 952,807 yuan in Q1 2024 [4][5] - Operating Cash Flow: 102 million yuan, a significant improvement from -126,000 yuan in Q1 2024 [4][5] Company Background - Broadcom Integrated has been operating at a loss for three consecutive years, with a net loss of 238 million yuan in 2022 [3] - The company is controlled by BEKEN CORPORATION (BVI), with actual controllers being Pengfei Zhang and Dawei Guo, both of whom hold U.S. nationality [3] Capital Raising Activities - The company raised a total of 1.407 billion yuan through two rounds of fundraising [8] - The initial public offering in April 2019 raised 646.06 million yuan, netting 603.08 million yuan after expenses [6] - A subsequent private placement in December 2020 raised approximately 761.24 million yuan, netting around 744.54 million yuan after underwriting fees [7]