V-Test(SH:688372)2024-10-09 08:31Group 1: Financial Performance - The company's revenue in the first half of 2024 significantly increased compared to the same period last year, but net profit decreased due to rising fixed costs and increased share-based payment and R&D expenses [2] - The gross profit margin for the first half of 2024 is higher than that of comparable domestic companies, although it is slightly lower than the average level of three major Taiwanese companies [2][3] - The increase in fixed costs is attributed to the company's substantial capacity expansion in 2023, which is currently in a ramp-up phase [3] Group 2: Market Position and Technology Advantages - The company has advanced testing capabilities, particularly in developing testing solutions for high-end chips such as 5G RF chips, high-performance CPUs, and complex SoC chips [3] - The company maintains a leading position in various testing parameters compared to domestic competitors and is on par with international giants [3] - Automation in testing operations has been enhanced through the development of a production management system tailored to industry characteristics, improving accuracy and efficiency [3] Group 3: Dividend Policy - The company plans to distribute cash dividends annually, with the amount not less than 30% of the net profit attributable to shareholders for the corresponding year over the next three years (2024 to 2026) [3]