Diao Micro’s 2024 performance report: revenue growth, net profit loss expanded
Diao Micro recently released its 2024 performance report, showing that the company’s annual revenue growth was significant, but the net profit loss expanded. The specific data are as follows: operating income was 526.3459 million yuan, a year-on-year increase of 38%; net profit attributable to owners of the parent company was -42.6615 million yuan, a year-on-year decrease of 377.13%; net profit after deducting non-recurring gains and losses was -92.053 million yuan, an increase of 35.7567 million yuan year-on-year. The total assets at the end of the period decreased by 7.76% compared with the beginning of the period, and the owner’s equity attributable to the parent company decreased by 9.62%.
The main reasons for the change in performance are as follows:
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Revenue growth: The company actively expanded the market, increased product sales, and successfully promoted new products to leading customers at home and abroad, especially the shipment of multi-channel PMIC products in mobile phones and other fields increased significantly, driving a year-on-year increase of 38% in revenue.
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Increase in R&D investment and sales expenses: The company continues to increase investment in R&D, enhance product competitiveness, enrich product lines, and actively expand sales channels to increase the share of major customers. The number of R&D personnel increased by 20.21% year-on-year, R&D expenses increased by 42.9%, and sales expenses increased by 30.99%. Although these investments have promoted the company’s product competitiveness and market expansion, they have also led to an increase in costs.
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Decrease in share capital: The company repurchased and cancelled shares, resulting in a 1.86% decrease in share capital at the end of the reporting period compared with the beginning of the period. This move aims to optimize the share capital structure and enhance market confidence.
All in all, Diao Micro’s revenue in 2024 will grow, but due to the significant increase in R&D and sales expenses, as well as the impact of other factors, the net profit loss will widen. The company said it is full of confidence in future development and continues to increase R&D and market expansion.
The above is the detailed content of the increase in PMIC product shipments and the year-on-year increase in revenue of Diao Micro in 2024 by 38%, for more information, please pay attention to other related articles on the PHP Chinese website!
