芯联集成(688469) - 2024 Q4 - 年度业绩预告

Revenue Expectations - The company expects to achieve an annual revenue of approximately 6.509 billion yuan in 2024, an increase of about 1.185 billion yuan, representing a year-on-year growth of approximately 22.26%[4] - The company's main revenue is expected to be around 6.276 billion yuan, with a year-on-year increase of approximately 27.79%[4] - Revenue from the automotive sector is expected to grow by approximately 41.0%, while revenue from the consumer sector is expected to grow by approximately 66.0%[9] - The company’s 12-inch silicon-based wafer products achieved revenue of approximately 791 million yuan, a year-on-year increase of approximately 1457%[10] - The silicon carbide (SiC) business is expected to generate revenue of approximately 1.016 billion yuan in 2024, benefiting from the trends of electrification and intelligence in the automotive industry[10] Profitability and Financial Performance - The estimated net profit attributable to the parent company is approximately -969 million yuan, a reduction in loss of about 989 million yuan, reflecting a year-on-year improvement of approximately 50.51%[4] - The estimated EBITDA for 2024 is approximately 2.119 billion yuan, an increase of about 1.194 billion yuan, showing a year-on-year growth of approximately 129.08%[4] - The company achieved a gross profit margin of approximately 1.1% for the year, an increase of about 7.9 percentage points, marking the first time the annual gross profit margin turned positive[11] - The EBITDA margin is expected to be approximately 32.6%, reflecting a year-on-year increase of about 15 percentage points[11] Market Trends and Future Outlook - The company anticipates that the demand for new energy vehicles will continue to expand in 2025, supported by policies promoting vehicle replacement and the integration needs brought by automotive intelligence and electrification[12]