awinic released its 2024 annual performance, with a net profit attributable to the parent company of 255 million yuan, a year-on-year increase of 399.68%

According to the Zhitong Finance APP, awinic (688798.SH) disclosed its 2024 annual report. During the reporting period, the company achieved revenue of 2.933 billion yuan, a year-on-year increase of 15.88%; the net profit attributable to the parent company was 255 million yuan, a year-on-year increase of 399.68%; the net profit excluding non-recurring gains and losses was 156 million yuan, turning from loss to profit year-on-year; the basic earnings per share were 1.1 yuan. The company plans to distribute a cash dividend of 3.3 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, the company continued to focus on high-performance analog-digital mixed, power management, signal chain, and other long-term value products, providing comprehensive and multi-dimensional solutions for customers from various aspects such as design, algorithms, applications, and process development; relying on the advantages of a product platform company, the company continuously enriches its product matrix and launches new products. As the electronic information industry gradually recovers and more new AI edge application scenarios emerge, the company always adheres to a customer demand-oriented approach, actively explores the market, and continuously expands in the fields of consumer electronics, industrial interconnection, and automotive. In 2024, the shipment volume reached a historical high, with product shipments exceeding 6 billion units, achieving a year-on-year revenue growth of 15.88%.

In 2024, the net profit attributable to shareholders of the listed company, basic earnings per share, and diluted earnings per share increased year-on-year by 399.68%, 400%, and 400%, respectively. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses, and the basic earnings per share after deducting non-recurring gains and losses turned from loss to profit year-on-year, mainly due to: 1) the scale and effect of the company's revenue growth further improved, driving an overall increase in the company's profit margin; 2) the market share of new products and new market areas continued to increase, with a comprehensive gross profit margin rising compared to the same period last year, leading to an increase in gross profit; 3) continuous promotion of management reform and digital construction of production and research, improving research and management efficiency, further consolidating profitability