Core Viewpoint - Suzhou Minxin Microelectronics Technology Co., Ltd. anticipates a significant improvement in its financial performance for the year 2025, projecting a turnaround from losses to profitability, driven by increased revenue and enhanced gross margins [2][4]. Financial Performance Forecast - The company expects to achieve an operating revenue of RMB 580 million to RMB 640 million for 2025, representing an increase of RMB 74.26 million to RMB 134.26 million, or a year-on-year growth of 14.68% to 26.55% [2][4]. - The projected net profit attributable to the parent company is expected to be between RMB 28 million and RMB 40 million, an increase of RMB 63.24 million to RMB 75.24 million compared to the previous year, marking a return to profitability [2][4]. - The net profit attributable to the parent company, after deducting non-recurring gains and losses, is forecasted to be between RMB 23 million and RMB 34 million, reflecting an increase of RMB 58.09 million to RMB 69.09 million year-on-year, also indicating a return to profitability [2][4]. Previous Year Performance - In 2024, the company reported an operating revenue of RMB 505.74 million and a net loss attributable to the parent company of RMB 35.24 million [6]. Reasons for Performance Changes - The increase in operating revenue is attributed to the successful long-term investment in R&D and market promotion, leading to significant growth in revenue from pressure product lines and inertial sensors [7]. - The substantial increase in net profit is primarily due to the overall growth in sales and an improvement in the company's gross margin, driven by: 1. A higher sales proportion of high-margin new products, which boosted the overall product gross margin [9]. 2. Effective cost reduction and efficiency enhancement measures, along with economies of scale from increased production volume, leading to a gradual decrease in production costs [9].
苏州敏芯微电子技术股份有限公司2025年年度业绩预告