Maxscend Microelectronics Company (300782) Q4 2024 earnings summary

Executive summary

• Revenue increased 2.58% year-over-year to ¥4,491.07 million, while net profit attributable to shareholders declined 61.52% to ¥431.91 million.

• Operating profit and total profit both fell over 67% year-over-year, reflecting margin pressure and higher costs.

Financial highlights

• Operating income: ¥4,491.07 million, up 2.58% year-over-year.

• Net profit attributable to shareholders: ¥431.91 million, down 61.52% year-over-year.

• Basic EPS: ¥0.8085, down 61.55% year-over-year.

• Gross margin declined due to product mix changes, increased fixed asset depreciation, and market competition.

Outlook and guidance

• No major deviation from previous earnings forecast disclosed in January 2025.