Sharetronic(SZ:300857)2023-11-08 11:37Company Overview - Established in November 2005, listed on the Shenzhen Stock Exchange on July 27, 2020 [3] - Engaged in R&D, production, and sales of IoT smart terminals and data storage devices [3] - Main products include smart cameras, smart doorbells, robotic vacuums, solid-state drives (SSDs), and NAS storage [3] Financial Performance - For the first three quarters of 2023, the company achieved revenue of CNY 3.228 billion, a year-on-year increase of 46.37% [3] - Net profit attributable to shareholders reached CNY 196 million, up 69.10% year-on-year [3] - In Q3 2023, revenue was CNY 1.389 billion, with a year-on-year growth of 63.26% [4] - R&D expenses increased by 41.79% in 2023, reflecting a commitment to innovation [4] Product Application and Market Position - Products are utilized in smart homes, smart driving, and various other scenarios, enabling smart perception and data services [4] - The company has established long-term partnerships with major tech firms like Lenovo, Anker, and LG [3] - As of September 30, 2023, data storage devices generated CNY 1.066 billion in revenue, accounting for approximately 57.93% of total revenue [5] - IoT smart terminals contributed CNY 506 million, representing about 27.52% of total revenue [5] Future Outlook - The company anticipates continued growth in Q4 2023, supported by a robust order backlog and ongoing product development [5] - Focus on expanding product applications and enhancing smart features in the smart camera segment [5] - Plans to increase recruitment for R&D personnel to bolster innovation capabilities [5]