Lontium(SH:688486) GF SECURITIES·2024-03-31 16:00Group 1 - The investment rating for the company is "Buy" with a current price of 86.56 yuan and a target value of 122.41 yuan [3][4]. - The core viewpoint highlights that the company achieved a record high revenue of 323 million yuan in 2023, representing a year-on-year growth of 34.12%, and a net profit attributable to shareholders of 103 million yuan, up 48.39% year-on-year [1][4]. - The company has successfully expanded its product line, including the mass shipment of 4K/8K ultra-high-definition video signal bridging chips, which meet the demands of new 4K/8K displays and the AR/VR market [1][4]. Group 2 - The company is actively exploring the automotive market, with new SerDes products expected to meet the high-end automotive market's needs for long-distance video transmission and ultra-high-definition display [1][4]. - Earnings forecasts for the company indicate an expected EPS of 2.42 yuan, 3.42 yuan, and 5.26 yuan for the years 2024, 2025, and 2026 respectively [1][4]. - The report maintains a reasonable value of 122.41 yuan per share, considering the company's product competitiveness and growth potential [4].