According to the Zhitong Finance APP, BPSemi (688368.SH) disclosed its 2024 annual report. During the reporting period, the company achieved revenue of 1.504 billion yuan, a year-on-year increase of 15.38%; the net profit attributable to the parent company was a loss of 33.05 million yuan, a year-on-year narrowing; the net profit excluding non-recurring gains and losses was a loss of 9.01 million yuan, also a year-on-year narrowing; basic earnings per share were -0.38 yuan. The company plans to distribute a cash dividend of 5 yuan (tax included) for every 10 shares to all shareholders.

Sales revenue increased, and the gross profit margin also improved. During the reporting period, revenue from AC/DC power chips increased by 39.64% year-on-year, and the company has now entered the market expansion phase, with a significant increase in its second growth curve; revenue from motor control driver chips increased by 95.67% year-on-year, relying on the rapid development of electric mobility and other businesses, the company further enhanced its technology and product capabilities in the motor control driver chip field, achieving rapid growth.

During the reporting period, the comprehensive gross profit margin of the company's products was 37.12%, an increase of 11.45 percentage points year-on-year, mainly due to the company's active alignment with market demand, continuous optimization of product structure and performance, and ongoing cost reduction and efficiency enhancement through process iteration and strengthened supply chain management, resulting in a significant increase in overall gross profit margin compared to the previous year