SG Micro (300661) Q3 2024 earnings summary

Executive summary

• Revenue for Q3 2024 reached ¥868.41 million, up 18.52% year-over-year; year-to-date revenue was ¥2.44 billion, up 29.96% year-over-year.

• Net profit attributable to shareholders for Q3 was ¥106.25 million, up 102.74% year-over-year; year-to-date net profit was ¥284.90 million, up 100.57% year-over-year.

• Operating cash flow for Q3 was ¥404.98 million, a 666.75% increase year-over-year.

Financial highlights

• Basic EPS for Q3 was ¥0.2252, up 100.89% year-over-year; year-to-date basic EPS was ¥0.6054, up 98.88%.

• Gross margin and operating margin improved, with operating profit for the period at ¥332.12 million, up from ¥156.71 million a year ago.

• Total assets at period end were ¥5.32 billion, up 13.06% from the previous year-end.

• Shareholders’ equity at period end was ¥4.29 billion, up 11.47% from the previous year-end.

Outlook and guidance

• The company completed a new round of board and supervisory elections and implemented a stock option incentive plan, indicating a focus on long-term growth and talent retention.