Shanghai Orient-Chip Technology (688061)2025-01-17 11:05Revenue Forecast - The company expects 2024 revenue to be between 500 million and 600 million yuan, an increase of 4.54 million to 14.54 million yuan compared to the previous year, representing a year-on-year growth of 9.99% to 31.99%[3]. - In 2023, the company reported revenue of 454.57 million yuan and a net profit of 9.59 million yuan attributable to the parent company[4]. - The increase in revenue for 2024 is attributed to the recovery in the downstream consumer electronics industry, leading to improved product sales, despite a decline in product prices due to intense market competition[6]. Profit Forecast - The projected net loss attributable to the parent company for 2024 is between 48 million and 68 million yuan, a decrease of 57.59 million to 77.59 million yuan compared to the previous year[3]. - The net profit attributable to the parent company, excluding non-recurring gains and losses, is expected to be between -84 million and -104 million yuan, a decrease of 49.19 million to 69.19 million yuan year-on-year[3]. R&D Investment - The company has increased its R&D spending to align with its long-term development strategy, resulting in higher research and development expenses[6]. Financial Reporting - The performance forecast is based on preliminary estimates by the company's finance department and has not been audited by a registered accountant[7]. - Investors are advised that the forecast data is preliminary and the final audited financial data will be disclosed in the 2024 annual report[8].