Ninestar(002180)2025-05-09 12:18Group 1: Financial Performance - In 2024, the company achieved total revenue of 26.415 billion CNY, a year-on-year increase of 9.78%, with a net profit attributable to shareholders of 749 million CNY, up 112.11% [4] - BenTu reported revenue of 4.658 billion CNY, a year-on-year growth of 19.87%, with Q4 revenue of 1.482 billion CNY, a quarter-on-quarter increase of 38.03% [4] - LiMeng International's revenue was 2.243 billion USD, reflecting a year-on-year increase of 7.98%, with printer sales up 31.13% [4] - JiHaiWei's revenue was 1.4 billion CNY, a year-on-year decrease of 1.52%, but net profit increased by 109.97% to 363 million CNY [4] - General consumables business revenue reached 6.172 billion CNY, a year-on-year increase of 10.45%, while net profit decreased by 44.17% to 74 million CNY [4] Group 2: Asset Impairment and Adjusted Profit - The company recognized an asset impairment loss totaling 900.3 million CNY, primarily for goodwill impairment, reducing the net profit attributable to the parent company by 893 million CNY [4] - Excluding long-term asset impairment impacts, the net profit attributable to shareholders was 1.549 billion CNY [4] Group 3: Q1 2025 Performance - In Q1 2025, the company reported revenue of 5.927 billion CNY, a year-on-year decline of 5.79%, with net profit attributable to shareholders down 69.64% to 84 million CNY [4] - BenTu's Q1 revenue was 999.2 million CNY, a year-on-year decrease of 3.34%, with net profit down 49.89% to 97 million CNY [4] - LiMeng's Q1 revenue was 513 million USD, a year-on-year decline of 4.85%, with net profit down 74.08% to 2.5382 million USD [4] - JiHaiWei's Q1 revenue was 254 million CNY, a year-on-year decrease of 19.72%, with net profit down 70.40% to 12 million CNY [4] - General consumables business revenue in Q1 was 1.322 billion CNY, with net profit of 16 million CNY [4] Group 4: Market Trends and Strategic Focus - The semiconductor industry has faced significant challenges, but JiHai has maintained strategic focus, rapidly capturing the mid-to-low-end MCU market [5] - The demand for mid-to-high-end products has increased, providing opportunities for the company to enter previously inaccessible markets [5] - JiHai has established a comprehensive layout in humanoid robot chips, collaborating with major automotive manufacturers and Tier 1 suppliers [5] - The domestic market for information technology is expected to grow, particularly in government sectors, with financial and energy industries anticipated to gain momentum in the latter half of the year [6]