Smartsens Technology (Shanghai) (SH:688213)2024-12-06 08:22Group 1: Company Performance - In the first three quarters of 2024, the company achieved operating revenue of 420,755.06 million RMB, an increase of 137.33% compared to the same period last year [3] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 30,494.83 million RMB, showing a significant year-on-year growth of 36,487.25 million RMB [3] Group 2: Revenue Growth Drivers - Revenue growth was driven by high shipment growth in the three main application areas: smart security, automotive electronics, and smartphones [3] - The introduction of new iterative products in the smart security sector led to a significant increase in sales revenue [4] - In the smartphone sector, the shipment volume of high-end 50 million pixel products for flagship phones saw a substantial rise [4] Group 3: Research and Development Investment - The company's R&D investment in the first three quarters of 2024 amounted to 32,117.38 million RMB [4] - The company focuses on developing a diverse range of products to meet varying customer needs in emerging image sensor applications [4] Group 4: Future Strategic Planning - The company will continue to focus on the three-pronged development strategy of smart security, smartphones, and automotive electronics [5] - Plans include maintaining R&D investment, optimizing the product matrix, and expanding market opportunities to enhance market share [5] Group 5: Share Buyback Progress - From October 11, 2024, to November 22, 2024, the company repurchased 297,803 shares, which is 0.07% of the total share capital of 400,010,000 shares [5] - The highest repurchase price was 69.95 RMB per share, the lowest was 64.34 RMB per share, and the average repurchase price was 67.29 RMB per share, totaling 20,038,564.14 RMB [5]