Rockchip(603893)2024-10-11 09:44Revenue Projections - The company expects to achieve approximately CNY 2.16 billion in revenue for the first three quarters of 2024, an increase of about CNY 705.46 million, representing a year-on-year growth of approximately 48.50%[2] - For Q3 2024, the company anticipates revenue of approximately CNY 911.40 million, reflecting a year-on-year increase of approximately 51.42% and a quarter-on-quarter increase of approximately 29.18%[2] Profit Projections - The projected net profit attributable to the parent company for the first three quarters of 2024 is between CNY 340 million and CNY 360 million, an increase of CNY 262.68 million to CNY 282.68 million, translating to a year-on-year growth of 339.75% to 365.62%[4] - In Q3 2024, the expected net profit attributable to the parent company is between CNY 157.23 million and CNY 177.23 million, showing a year-on-year increase of 199.39% to 237.47% and a quarter-on-quarter increase of 36.57% to 53.95%[4] - The net profit after deducting non-recurring gains and losses for the first three quarters of 2024 is projected to be between CNY 330 million and CNY 350 million, an increase of CNY 263.58 million to CNY 283.58 million, representing a year-on-year growth of 396.86% to 426.98%[4] - The company reported a net profit of CNY 77.32 million in the same period last year, indicating substantial growth in profitability this year[5] Product Development and Market Demand - The company has introduced new products such as RK3576, RK2118, and RV1103B, which are rapidly entering target markets and contributing to new revenue growth[6] - The company has seen significant demand growth across its AIoT product lines, leveraging its RK3588 series as a flagship product to enhance market share[6] Seasonal Trends and Risks - The third quarter is traditionally a peak season for the industry, contributing to record quarterly revenue and profit figures for the company[6] - The company emphasizes that the performance forecast is based on preliminary estimates and has not been audited by registered accountants, urging investors to be aware of investment risks[7]