Smartsens Technology (Shanghai) (688213)2024-12-13 09:42Group 1: Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 420,755.06 million yuan, an increase of 137.33% compared to the same period last year [3] - In Q3 2024, the company recorded a single-quarter operating revenue of 175,066.11 million yuan, up 150.04% year-on-year and 8.10% quarter-on-quarter [3] - The net profit attributable to shareholders for the first three quarters of 2024 was 27,323.78 million yuan, an increase of 33,871.24 million yuan year-on-year [4] Group 2: Revenue Growth Drivers - Revenue growth in Q3 2024 was driven by significant increases in the smartphone, automotive electronics, and smart security sectors [3] - The smart security sector saw a notable rise in sales due to the launch of new iterative products with superior performance and competitiveness [3] - In the smartphone sector, the company experienced a substantial increase in shipments of high-end 50 million pixel products used in flagship smartphones [3] Group 3: Research and Development - The company invested 32,117.38 million yuan in R&D during the first three quarters of 2024, focusing on high-quality, intelligent video solutions [4] - The R&D efforts are aligned with the vision of enhancing people's ability to see and understand the world, developing a diverse range of products to meet various customer needs [4] Group 4: Future Strategic Planning - The company will continue to focus on the three pillars of smart security, smartphones, and automotive electronics, optimizing its product matrix and supply chain [5] - Future strategies include maintaining R&D investment, enhancing product performance and user experience, and expanding cooperation with core customers [5] - The company aims to explore new market opportunities to solidify and enhance its market position in the aforementioned sectors while seeking sustainable growth [5]