--- title: "BDStar released its 2024 annual performance, turning from profit to a loss of 350 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/233291253.md" description: "BDStar released its 2024 annual report, with operating revenue of 1.498 billion yuan, a year-on-year decrease of 63.30%. The company's net loss attributable to shareholders of the listed company was 350 million yuan, with a net loss of 417 million yuan after deducting non-recurring gains and losses, and a basic loss per share of 0.65 yuan. Revenue from chip and data services was 663 million yuan, a year-on-year decrease of 8.23%; revenue from navigation products was 690 million yuan, a year-on-year increase of 8.37%; revenue from ceramic components was 145 million yuan, a year-on-year increase of 12.84%" datetime: "2025-03-26T13:01:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/233291253.md) - [en](https://longbridge.com/en/news/233291253.md) - [zh-HK](https://longbridge.com/zh-HK/news/233291253.md) --- # BDStar released its 2024 annual performance, turning from profit to a loss of 350 million yuan According to the Zhitong Finance APP, BDStar (002151.SZ) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 1.498 billion yuan, a year-on-year decrease of 63.30%. The net loss attributable to shareholders of the listed company was 350 million yuan. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 417 million yuan. The basic loss per share was 0.65 yuan. During the reporting period, the revenue from the chip and data service business was 663 million yuan, a year-on-year decrease of 8.23%. This was mainly due to the impact of the overall industry situation on special chips, with some projects canceled or postponed, resulting in a year-on-year decline of 58%; consumer chips began to scale shipments in three major directions: wearables, two-wheelers, and the Internet of Things, with revenue surpassing 100 million yuan, a year-on-year increase of 113%. In terms of marketing, benefiting from the increase in penetration of intelligent driving in passenger vehicles, the shipment volume grew rapidly, and the products have covered mainstream leading customers in the domestic market, steadily increasing market share; cloud services have successfully been introduced to agricultural machinery, surveying, and commercial intelligent driving industry clients, with a cumulative number of end users reaching 70,000. During the reporting period, revenue from navigation products was 690 million yuan, a year-on-year increase of 8.37%. This was mainly due to the significant effectiveness of the large customer strategy in the antenna business, with stable revenue growth, and significant year-on-year increases in revenue from the surveying and mapping industry and overseas revenue; in the passenger vehicle market, the construction of the onboard production line was completed, and multiple automotive platforms were secured, making onboard antennas an important strategic direction for the antenna business in the future; after the termination of cooperation with some foreign agency resources in the international agency business, channel advantages were leveraged to introduce domestic agency product lines, and after a year of market cultivation, the Livox product line has been widely applied in surveying, robotics, and other fields, resulting in substantial revenue growth. During the reporting period, revenue from ceramic components was 145 million yuan, a year-on-year increase of 12.84%. This was mainly due to the company's continuous investment in research and development and ongoing efforts to explore new markets, with products widely applied in mobile communications, consumer electronics, automotive electronics, optical communications, and satellite communications ### Related Stocks - [002151.CN](https://longbridge.com/en/quote/002151.CN.md) ## Related News & Research - [Buy this China chip stock, Citi says](https://longbridge.com/en/news/286775385.md) - [The big gating factor for advanced generative intelligence in our country is power, says Jim Cramer](https://longbridge.com/en/news/286483116.md) - [This beaten-down chip stock just did something it hasn't done in a year. Time to buy?](https://longbridge.com/en/news/286043141.md) - [Why everyone is talking about Lumentum stock -- and why investors should care](https://longbridge.com/en/news/286679327.md) - [Nippon Ceramic's (TSE:6929) Solid Profits Have Weak Fundamentals](https://longbridge.com/en/news/286657915.md)