SG Micro (300661) H2 2024 earnings summary

Executive summary

• Achieved revenue of ¥3.35 billion in 2024, up 27.96% year-over-year; net profit attributable to shareholders rose 78.17% to ¥500 million.

• Gross margin reached 51.46%, with significant growth in both signal chain and power management product lines.

• R&D investment totaled ¥870.7 million, representing 26.02% of revenue, with 700+ new products launched and 162 new patents filed.

• Cash flow from operations increased 221.87% to ¥549 million, supporting robust business expansion.

Financial highlights

• Revenue: ¥3,346,983,120.66, up 27.96% year-over-year.

• Net profit attributable to shareholders: ¥500,247,943.10, up 78.17% year-over-year.

• Operating cash flow: ¥549,337,594.89, up 221.87% year-over-year.

• Gross margin: 51.46%; basic EPS: ¥1.0619.

• Total assets: ¥5,771,119,556.50; net assets: ¥4,609,226,482.20.

Outlook and guidance

• Plans to continue expanding R&D in high-reliability automotive chips, high-precision amplifiers, and next-gen power management.

• 2025 strategy focuses on broadening product lines, enhancing marketing, and pursuing strategic investments and M&A.

• Industry expects continued growth driven by AI, automotive, and industrial applications.