Allwinner Technology (SZ:300458) China Post Securities·2025-07-08 01:04Investment Rating - The investment rating for the company is "Buy" and is maintained [1] Core Views - The company covers the entire Android tablet market with its platform chips, launching three new smart processors: A733, A537, and A333, targeting high-end, mid-range, and entry-level segments respectively. This positions the company well to meet diverse demands in the tablet market [4] - The company's AI technology is being widely adopted, with features such as facial recognition and gesture photography gaining recognition from numerous domestic and international tablet brands, establishing a solid foundation for commercial applications of AI [4] - The V821 AI glasses solution has been launched, meeting the demands for low power consumption and miniaturization, with impressive performance metrics [5] Financial Projections - Projected revenues for 2025, 2026, and 2027 are 29.0 billion, 35.1 billion, and 42.1 billion yuan respectively, with net profits of 3.5 billion, 4.9 billion, and 6.7 billion yuan [6] - The company expects significant growth in revenue, with a growth rate of 36.76% for 2024, followed by 26.81%, 20.89%, and 20.14% in subsequent years [8] - The projected earnings per share (EPS) for 2025, 2026, and 2027 are 0.43 yuan, 0.60 yuan, and 0.81 yuan respectively, indicating a strong upward trend [10]