Dioo Microcircuits (688381)2024-10-30 10:14Financial Performance - In Q3 2024, the company achieved a revenue of 144 million CNY, representing a year-on-year growth of 25.03% [3] - For the first three quarters of 2024, total revenue reached 410 million CNY, an increase of 38.61% compared to the same period last year [3] - The net profit attributable to the parent company was 18 million CNY, a decrease of 44.59% year-on-year [3] - R&D expenses for Q3 amounted to 55.67 million CNY, up 22.31% year-on-year and 26.37% quarter-on-quarter [3] - Total R&D investment for the first three quarters was 135 million CNY, reflecting a 40% increase year-on-year [3] Market Distribution - As of September 30, 2024, product applications in various markets were as follows: - Mobile phones: 30% - Laptops: 6.5% - Smart wearables: 15% - Smart home appliances: 8% - Communication equipment: 6% - Industrial control and security: 28.5% - Lighting: 6% [3] Product Composition - The product composition as of Q3 2024 included: - High-performance analog switches: 30% - Operational amplifiers: 15% - AC/DC converters: 6% - DC/DC converters: 11% - Other driver products: 5.6% - High-performance charging products: 5.4% - Load and current limiting switches: 4% - General power management chips: 18% - Others: 5% [4] Future Development Strategy - The company aims to enhance economic efficiency and create social value through market-oriented and innovation-driven strategies [4] - Plans include upgrading existing chips and developing next-generation high-performance analog integrated circuit technologies [4] - The company seeks to become a leading brand in the domestic and international analog chip industry [4] New Product Launches - Recent product launches include: - A 0.57mm² ultra-small package current detection operational amplifier for consumer electronics [5] - A 110Mbps level shifter for mobile applications [5] - Various automotive electronic products, including a synchronous boost LED controller with full diagnostic capabilities [5] - The company has successfully shipped new products to major clients, including Samsung and Qualcomm [5]