Jingchen Shares: It is expected that the revenue will exceed 4.7 billion yuan in 2021, and the net profit will exceed 780 million yuan

Jiwei Network news, on the evening of January 17, Jingchen issued an announcement that the company expects to achieve revenue of 4.74 billion yuan to 4.79 billion yuan in 2021, an increase of 73.10% to 74.93% year-on-year; it is expected to achieve a net profit attributable to the owners of the parent company of 780 million yuan to 840 million yuan in 2021, an increase of 579.24% to 631.49% year-on-year.

For the reasons for the change in performance, Jingchen shares said that in 2021, the demand for consumer electronics industry continues to grow, the company actively grasps market opportunities, increases market development efforts, and further expands global market opportunities, and the shipment of smart set-top box chips and AI audio and video system terminal chips grows rapidly, further consolidating and enhancing the company's market position.

At the same time, with the help of existing high-quality customer groups and channel advantages, the company accelerated the introduction of new products, such as chips applied to in-vehicle infotainment systems, robots and other scenarios. In addition, WiFi Bluetooth chip shipments increased significantly and began to contribute to operating income.

Jingchen shares further introduced that benefiting from the company's long-term accumulation of technology and product advantages, the strong demand of the consumer electronics industry and the results of the company's strategic layout for many years, the company's operating income has continued to increase, and exceeded 4.7 billion yuan in 2021 and 1.5 billion yuan in the fourth quarter of 2021. The scale effect of operating income growth has further led to the improvement of the company's profitability, and the net profit in 2021 has achieved a substantial increase.

According to the data, the main business of Amlogic Co., Ltd. is the research and development, design and sales of multimedia intelligent terminal SoC chips, and the chip products are currently mainly used in smart set-top boxes, smart TVs, AI audio and video system terminals, wireless connections and in-vehicle infotainment systems and other frontier fields of science and technology. Its product line mainly includes set-top box SoC chip, smart TV SoC chip, AI audio and video system terminal SoC chip, WIFI Bluetooth chip, automotive electronic chip. (Proofreading/New)