希荻微(688173.SH)：预计2025年同比减亏49%到65%

Group 1 - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -102 million RMB and -147 million RMB, indicating a reduction in losses compared to the previous year by 143.6 million RMB to 188.6 million RMB, representing a year-on-year loss reduction of 49% to 65% [1] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -106 million RMB and -151 million RMB, with a reduction in losses of 149.2 million RMB to 194.2 million RMB compared to the previous year, also reflecting a year-on-year loss reduction of 50% to 65% [1] Group 2 - The consumer electronics market is gradually recovering, leading to an increase in terminal customer demand compared to the same period last year, resulting in significant growth in the company's operating revenue [2] - The revenue scale of the audio coil motor driver chip product line, part of the smart visual perception business, has increased significantly due to the gradual realization of self-sourced outsourcing production [2] - The newly added sensor chip product line as of the end of August 2024 has also contributed to the revenue growth during the reporting period [2] - The company's overall business scale has expanded, product matrix has become increasingly rich, and effective integration of the upstream supply chain has led to an increase in gross profit compared to the same period last year [2] - As the market stabilizes, the risk of inventory impairment has been effectively alleviated, resulting in a decrease in the amount of asset impairment provisions compared to the previous year [2]