BPSemi(688368)2025-01-15 10:37Revenue Expectations - The company expects to achieve an annual revenue of between 1,450 million and 1,550 million CNY in 2024, representing a year-on-year growth of 11.26% to 18.93%[2]. - In 2023, the company reported a revenue of 1,303.24 million CNY and a net loss of 912.6 million CNY attributable to the parent company[4]. Net Loss Projections - The projected net loss attributable to the parent company for 2024 is between 360 million and 240 million CNY, indicating a reduction in loss by 60.55% to 73.70% compared to the previous year[2]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is expected to be between 100 million and 60 million CNY in loss, reflecting a reduction in loss by 93.17% to 95.90% year-on-year[2]. Product Development and Market Expansion - The company is actively expanding its product development and market promotion for its "second curve" products, including AC/DC power chips and motor control driver chips, which have seen significant sales growth[6]. - The company has entered mass production for its high-performance computing power chip products, contributing to the expected revenue increase in 2024[6]. Financial Management and Cost Control - The comprehensive gross profit margin of the company has steadily improved due to ongoing supply chain management and cost reduction efforts[6]. - The company anticipates an increase in share-based payment expenses in 2024 due to meeting performance targets for the year[7]. - The fair value changes of financial instruments held by the company are expected to decrease in 2024, impacting the net profit attributable to the parent company[8]. Earnings Forecast Accuracy - There are no significant uncertainties affecting the accuracy of this earnings forecast[9].