Rockchip(SH:603893) Shang Hai Zheng Quan Bao·2025-10-14 19:18Core Viewpoint - The company, Rockchip Electronics Co., Ltd., anticipates a significant increase in net profit for the first three quarters of 2025, driven by growth in the AIoT market and strategic advancements in its product offerings [2][4]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of 760 million to 800 million yuan for the first three quarters of 2025, representing an increase of 408.29 million to 448.29 million yuan, or a year-on-year growth of 116% to 127% [2][4]. - The anticipated net profit, excluding non-recurring gains and losses, is projected to be between 735 million and 775 million yuan, reflecting an increase of 391.54 million to 431.54 million yuan, corresponding to a year-on-year growth of 114% to 126% [2][4]. Group 2: Previous Year Performance - In the same period last year, the net profit attributable to shareholders was 351.71 million yuan, and the net profit after excluding non-recurring gains and losses was 343.46 million yuan [5]. Group 3: Reasons for Performance Change - The growth in net profit is attributed to the sustained demand in the AIoT market, benefiting from the continuous iteration of AI technology and the expansion of application scenarios [7]. - The company's strategic layout is progressing as expected, with flagship products like the RK3588 penetrating various markets, including automotive electronics and industrial applications, leading to rapid revenue growth [7]. - A shift from DDR4 to DDR5 memory chips due to supply shortages and price increases has temporarily affected demand, but the company expects continued rapid growth following this adjustment [7].