Ingenic(SZ:300223) Ge Long Hui A P P·2026-01-29 15:01Core Viewpoint - The company expects a growth in net profit for 2025, with projections indicating an increase of 1.05% to 10.05% compared to the previous year, driven by recovery in various downstream markets and improved sales in storage and computing chip products [1][2]. Group 1: Financial Projections - The company anticipates a net profit attributable to shareholders of approximately 370.06 million to 402.99 million yuan for 2025, reflecting a year-on-year growth of 1.05% to 10.05% [1]. - The net profit, excluding non-recurring gains and losses, is projected to be between 307.91 million and 340.85 million yuan, indicating a change of -1.29% to 9.27% year-on-year [1]. Group 2: Market Trends and Revenue Growth - The storage product market is experiencing a cyclical recovery, driven by the gradual recovery of downstream industries such as automotive, industrial, and medical sectors [2]. - The demand for niche DRAM chips is entering an upward cycle, contributing to revenue growth in storage chip products [2]. - The computing chip product line has seen good year-on-year growth due to the application of embedded MPU products in more market areas and enhanced competitiveness in the smart security market [2]. - Continuous product development and market expansion in analog chips have also led to a year-on-year increase in sales revenue for analog and interconnected chips [2]. - The company expects total operating revenue for 2025 to be approximately 4.74 billion yuan, representing a year-on-year growth of about 12.52% [2].