Haiguang Information: Haiguang Information Technology Co., Ltd. 2024 Annual Performance Report Announcement
Haiguang Information Technology Co., Ltd. 2024 Annual Performance Report Announcement
Haiguang Information's revenue and net profit are expected to grow by 50% in 2024, and domestic computing Hardware may benefit from major AI investments.
① Haiguang Information achieved a total revenue of 9.162 billion yuan in 2024, with a year-on-year growth of 52.40%, and the Net income attributable to shareholders grew by 52.73% year-on-year; ② Haiguang Information announced this month that its computing power chip products have completed the adaptation and optimization for the DeepSeek-Janus-Pro multimodal large model.
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Haiguang Information (688041.SH): Net income for 2024 is 1.929 billion yuan, an increase of 52.73% year-on-year.
On February 24, Gelonghui reported that Haiguang Information (688041.SH) announced its performance report for the fiscal year 2024. During the reporting period, the company achieved revenue of 9,162.1481 million yuan, an increase of 52.40% compared to the same period last year; achieved a net income attributable to the owners of the parent company of 1,929.2473 million yuan, an increase of 52.73% compared to the same period last year; achieved a net income attributable to the owners of the parent company after deducting non-recurring gains and losses of 1,814.0345 million yuan, an increase of 59.64% compared to the same period last year. At the end of the reporting period, total assets were 28,557.7488 million yuan, an increase compared to the beginning of this reporting period.
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Research Reports highlight: Minsheng Securities: Haiguang Information's performance continues to grow significantly as expected, maintaining a "recommended" rating.
According to the Research Reports from Minsheng Securities, the annual net income of Haiguang Information (688041.SH) is expected to be between 1.81 to 2.01 billion yuan, a year-on-year increase of 43.3%-59.1%. The company's deep market engagement and technological innovation have driven its performance to continue growing at a high rate in line with expectations. The significant growth in revenue and profit is mainly due to the company's continued focus on the general computing market and the expansion of market share brought about by technological innovations. With intense research and development and the accumulation of core technologies, the company's technological 'moat' is gradually being solidified, and its product portfolio is becoming more diverse. Based on the Haiguang CPU and DCU series products, the company actively supports the industry in building Datacenters and
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Announcement of Haiguang Information Technology Co., Ltd. on the 2024 annual results forecast
Firing the first shot for increased computing power! Driven by CPU and DCU, Haiguang Information's annual report shows net profit may increase by nearly 60%.
① Haiguang Information expects to achieve revenue of 8.72 billion to 9.53 billion yuan in 2024, a year-on-year increase of 45.04% to 58.52%; ② Regarding the reasons for performance growth, Haiguang Information stated that the rapid iteration and development of DCU products has achieved support for AI industry applications such as commercial computing.
Haiguang Information (688041.SH): It is expected that the net income in 2024 will increase by 43.29% to 59.12% year-on-year.
On January 13, Gelonghui reported that Haiguang Information (688041.SH) announced, according to preliminary calculations by the financial department, that it is expected to achieve revenue of 8.72 billion to 9.53 billion yuan in 2024, an increase of 45.04% to 58.52% year-on-year. It is expected that the net income attributable to the parent company in 2024 will be between 1.81 billion and 2.01 billion yuan, a growth of 43.29% to 59.12% year-on-year. It is anticipated that the net income attributable to the parent company's owners after excluding non-recurring gains and losses will be between 1.71 billion and 1.88 billion yuan, with a year-on-year increase of 50.48% to 65.
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