---
title: "ZBIT SEMICONDUCTOR's net loss for the year 2024 is 162 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229725222.md"
description: "ZBIT SEMICONDUCTOR released its 2024 annual performance preliminary report, with total operating revenue of 372 million yuan, a year-on-year increase of 21.73%. However, the net loss attributable to the owners of the parent company was 162 million yuan, and the net loss after deducting non-recurring gains and losses was 179 million yuan, with a basic loss per share of 1.96 yuan. Despite the increase in sales volume and operating revenue growth, the sales prices and gross margins of the main products have declined due to intense industry competition"
datetime: "2025-02-26T09:23:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229725222.md)
  - [en](https://longbridge.com/en/news/229725222.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229725222.md)
generator: "portal-rs"
---

# ZBIT SEMICONDUCTOR's net loss for the year 2024 is 162 million yuan

According to the Zhitong Finance APP, ZBIT SEMICONDUCTOR (688416.SH) disclosed its performance report for the year 2024. The company achieved total operating revenue of 372 million yuan, a year-on-year increase of 21.73%, and reported a net loss attributable to the parent company's owners of 162 million yuan; the net loss attributable to the parent company's owners after deducting non-recurring gains and losses was 179 million yuan. The basic loss per share was 1.96 yuan.

During the reporting period, the company adopted a strategy to maintain market share and increased sales efforts, resulting in an increase in product shipment volume compared to the same period last year, leading to a year-on-year growth in operating revenue. However, due to the intense competition in the industry, the overall sales price and comprehensive gross profit margin of the main products slightly declined compared to last year

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**