Puya semiconductor(688766)2024-12-05 07:35Financial Performance - In the first three quarters of 2024, the company achieved a revenue of 1.366 billion CNY, representing a year-on-year growth of 78.13% [4] - The net profit for the same period was 225 million CNY, with a non-recurring net profit of 227 million CNY, both showing significant increases compared to the previous year [4] - In Q3 2024, the company recorded a single-quarter revenue of 470 million CNY, up 57.57% year-on-year, and a net profit of 88.77 million CNY, an increase of 112.10 million CNY from the previous year [4] Research and Development - The company invested 172 million CNY in R&D in the first three quarters, accounting for 12.59% of revenue, which is an 18.77% increase from the previous year [4] - The number of R&D and technical personnel has been steadily increasing, with ongoing implementation of fundraising projects and patent applications [4] Market Strategy - The company is focusing on expanding its market share and launching new products, particularly in the NOR Flash and EEPROM product lines [4] - The "Storage+" strategy is aimed at building brand recognition in the MCU product line, with continuous breakthroughs in shipment volumes [4] Investor Relations - The company distributed a cash dividend of 1.9 CNY per 10 shares, enhancing investor returns [6] - The management emphasized the importance of maintaining high operational standards and focusing on core competitiveness to ensure sustained growth [6] Industry Outlook - The rapid development of the global AI market is expected to drive demand for storage chips, with higher requirements for performance, capacity, and power consumption [10] - The company plans to continue innovating and expanding its product lines to meet the evolving needs of the market [10] External Growth Opportunities - The company is exploring external opportunities for product line expansion and is open to collaboration and investment in related fields [12] - Previous investments in companies like Huada Jiutian and Jifeng Electronics have shown positive operational performance, indicating a strategic approach to capital and business synergy [12]