GUOXIN MICRO(002049)2025-04-24 02:53Financial Performance - In 2024, the company achieved a revenue of CNY 5.511 billion, a decrease of 27.26% compared to the previous year [3] - The net profit attributable to shareholders was CNY 1.179 billion, down 53.43% year-on-year [3] - The net cash flow from operating activities was CNY 1.467 billion, a decline of 17.07% from the previous year [3] - As of December 31, 2024, the net assets attributable to shareholders were CNY 12.394 billion, an increase of 6.33% from the beginning of the year [3] R&D Investment - Total R&D expenditure for 2024 was CNY 1.2859145 billion, accounting for 23.33% of revenue [3] - The company obtained 85 invention patents and 19 utility model patents during the year [3] Business Highlights Special Integrated Circuits - The company maintained a leading position in FPGA and system-level chip products [4] - Continued advancements in special memory and network interface products, with new chip launches covering various application scenarios [4] Intelligent Security Chips - The intelligent security chip business made significant progress in product technology and market expansion, achieving a leading position in the global SIM card chip market [4] - The annual shipment volume of automotive safety chips reached several million units [4] Quartz Crystal Frequency Devices - The quartz crystal frequency device business showed steady growth, expanding into emerging markets such as security and renewable energy [5] Shareholder Returns - The company has implemented cash dividend plans 18 times since its listing in 2005, with a total cash dividend of CNY 573 million in 2024 [6] - A proposed cash dividend of CNY 177 million for 2024 is pending shareholder approval [6] Strategic Initiatives - The company is focusing on enhancing its core business areas, including special integrated circuits, intelligent security chips, and quartz crystal frequency devices [7] - Plans to integrate AI technology into special integrated circuits and expand into automotive electronics [7] Market Outlook - The company anticipates significant growth in orders for special integrated circuits in 2025, despite expected price declines due to market competition [10] - The domestic chip market is expected to grow, particularly in high-end control chips where domestic alternatives are still developing [15]