晶华微(688130.SH)：预计2025年度净利润同比增亏192.11%至435.54%

Core Viewpoint - Jinghua Micro (688130.SH) expects significant revenue growth for 2025, but also anticipates increased net losses compared to the previous year [1] Financial Projections - The company forecasts revenue for 2025 to be between 170 million and 180 million yuan, representing a year-on-year growth of 26.07% to 33.49% [1] - The expected net profit attributable to shareholders for 2025 is projected to be between -55 million and -30 million yuan, indicating a year-on-year increase in losses of 192.11% to 435.54% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -98 million and -70 million yuan, reflecting a year-on-year increase in losses of 152.15% to 253.02% [1] Operational Strategy - The company plans to enhance operational efficiency and profitability through accelerated resource integration, promotion of new products, and refined cost control [1] - There is a continued effort to expand product offerings, with an increase in research and development expenses expected to reach approximately 97 million yuan, a year-on-year growth of about 33% [1] - The number of chip projects under development has increased by approximately 37% compared to the same period last year, with the number of tape-outs rising by over 110%, which will support the company's long-term growth [1]