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Chengdu HuaWei Electronics Technology Co., Ltd. 2024 Annual Results Forecast
Chengdu Huamei (688709.SH): The net income for 2024 is expected to decrease by 57.57% to 65.28% year-on-year.
Gelonghui reported on January 10 that Chengdu Huamei (688709.SH) announced its annual performance forecast for 2024. According to preliminary estimates by the finance department, the company expects to achieve a net income attributable to the owners of the parent company of 0.108 billion yuan to 0.132 billion yuan for the year 2024, a year-on-year decrease of 57.57% to 65.28%. The net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be 66.33 million yuan to 90.33 million yuan for the year 2024, a year-on-year decrease of 67.35% to 76.03%. The company's products are mainly used in electronics, communications, control, measurement, and other fields.
Chengdu Huamei: New products may have a positive impact on performance and are actively expanding higher-performance Brain-computer Interface chips | Direct coverage of the Shareholder meeting.
① Chengdu Huamei will launch two new products in December 2024, and company representatives stated that this is expected to have a positive impact on operation performance; ② Due to the universal attributes of its products, Chengdu Huamei is expanding into multiple scenarios and application fields; ③ Its multiple high-performance chips have the foundation to enter the Brain-computer Interface industry and are actively exploring the application and development of cutting-edge technologies such as Brain-computer Interface.
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Chengdu Huamei (688709.SH): There are research projects for SoC applications in different scenarios.
On December 25, Gelonghui reported that Chengdu Huamei (688709.SH) stated on an interactive platform that the company has high-performance MCUs and general-purpose MCUs related mature products, which can be used in embedded AI fields; simultaneously, there are SoC research projects for different application scenarios, where the SoC products based on FPGA and high-speed high-precision ADC are primarily aimed at high bandwidth signal processing application scenarios, suitable for hardware acceleration processing and data processing of AI; a high-performance AI inference processor is also under development. Due to commercial confidentiality principles, the company is unable to respond to issues concerning cooperation with specific enterprises, and the company always emphasizes cooperation with leading players.
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