芯联集成(688469.SH)发预亏，预计2025年归母净亏损5.77亿元

Core Viewpoint - The company, ChipLink Integrated (688469.SH), forecasts a significant increase in revenue for 2025, alongside a reduction in net losses compared to the previous year [1] Financial Performance - The company expects to achieve an operating revenue of approximately 8.19 billion yuan in 2025, representing an increase of about 1.68 billion yuan, or a year-on-year growth of approximately 25.83% [1] - The projected net loss attributable to the parent company's shareholders for 2025 is 577 million yuan, which is a reduction of about 385 million yuan compared to the previous year, reflecting a year-on-year decrease in losses of approximately 40.02% [1] - The expected net loss attributable to the parent company's shareholders, after deducting non-recurring gains and losses, is 1.094 billion yuan, which is a reduction of about 316 million yuan year-on-year, indicating a decrease in losses of approximately 22.41% [1] Operational Efficiency - The company anticipates that the expansion of overall revenue scale will lead to the realization of scale effects, with refined production operations effectively enhancing efficiency [1] - Fixed costs such as depreciation and amortization are expected to be gradually diluted as the company grows [1] - The continuous optimization and upgrading of the product structure are projected to result in a gross profit margin of 5.92%, an increase of approximately 4.89 percentage points year-on-year, indicating a sustained growth trend [1]