Anlogic(SH:688107)2022-11-17 15:04Group 1: Company Overview - The company achieved a revenue of 679 million CNY in 2021, representing a year-on-year growth of 141.44% due to expanding application fields and improved product performance [2] - The net profit attributable to shareholders was -30.85 million CNY, a decrease of 24.66 million CNY compared to the previous year [2] - The net profit excluding non-recurring gains and losses was -62.86 million CNY, an increase of 15.25 million CNY year-on-year [2] Group 2: Financial Performance - In Q1 2022, the company reported a revenue of 258 million CNY, a year-on-year increase of 72.15% [2] - The net profit attributable to shareholders for Q1 2022 was 18 million CNY, showing a significant year-on-year growth of 206.34% [2] Group 3: R&D and Market Strategy - The company is currently developing a vehicle-grade FPGA product, which is an extension of its three major product series [3] - R&D expenses are expected to remain stable as the company's revenue scales up, despite the high costs associated with advanced process R&D [3] - The company primarily uses distribution channels for sales, as the FPGA market has a long-tail demand with many small customers [3] Group 4: Supply Chain and Market Conditions - The impact of the Shanghai pandemic on logistics was minimal, and supply chain recovery is expected to mitigate overall effects on 2022 performance [3] - The company does not anticipate significant price increases from suppliers in Q2 and Q3 [3] - Pricing strategies will consider supply chain cost changes while maintaining long-term customer relationships [3]