Yanmade(688312)2024-10-21 08:21Financial Performance - The financial expense ratio for the first three quarters of 2024 has increased significantly due to exchange rate fluctuations, with a foreign exchange loss of over 4 million in Q3 compared to a gain in the same period last year [2] - Revenue and net profit have surged in the first three quarters of 2024, primarily due to increased customer concentration and the positive impact of technological innovation on testing equipment demand [3] - The overall gross profit margin for the first three quarters is 56.78%, indicating normal fluctuations [4] Product Development and Market Trends - The iteration of terminal products has mainly affected the shape, function, and quantity of soft boards, with downstream technological innovation being a key factor influencing the demand for testing equipment [3] - The company plans to supply MEMS sensors primarily to the consumer electronics sector before expanding into other fields such as humanoid robots and intelligent driving [4] Revenue Recognition - The third and fourth quarters are peak periods for revenue recognition, with significant project pre-research and sampling occurring from September to February of the following year [3]