Halo Micro(688173)2025-01-24 10:05Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -241 million RMB and -294 million RMB, representing an increase in losses of 186.82 million RMB to 239.82 million RMB compared to the previous year, a year-on-year increase in losses of 345% to 443%[4] - The expected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is projected to be between -250 million RMB and -303 million RMB, indicating an increase in losses of 62.72 million RMB to 115.72 million RMB compared to the previous year, a year-on-year increase in losses of 33% to 62%[4] - The total profit for the previous year was -87.58 million RMB, with a net profit attributable to shareholders of the parent company of -54.18 million RMB[6] Revenue and Growth - The company has seen an increase in operating revenue due to a recovery in the consumer electronics market, with significant growth in sales of voice coil motor driver chips[8] - The company completed the acquisition of Zinitix Co., Ltd. in Q3 2024, which contributed to revenue growth as Zinitix was included in the consolidated financial statements[8] Asset Management - The company has increased its asset impairment provisions for inventories due to indications of impairment, with the final amount subject to confirmation by the auditing firm[8] Non-Recurring Gains - In 2023, the company completed a share transfer and technology licensing transaction with Navitas Semiconductor Corporation, which generated non-recurring gains of approximately 138.21 million RMB, whereas no such gains occurred in the current reporting period[8] Earnings Forecast Accuracy - The company has not identified any significant uncertainties that would affect the accuracy of this earnings forecast[9] - The forecast data is preliminary and the final financial data will be based on the audited annual report for 2024[10]