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Rockchip Electronics (SHSE:603893) Is Posting Promising Earnings But The Good News Doesn't Stop There
Rockchip Electronics Co., Ltd. (SHSE:603893) announced a healthy earnings result recently, and the market rewarded it with a strong uplift in the stock price. Looking deeper at the numbers, we found
Rockchip (603893): Automotive/Industrial/Machine Vision achieves rapid growth and is expected to benefit long-term end-side AI computing power demand
Incident: On April 26, the company released its 2024 quarterly report. 24Q1 achieved revenue of 543 million yuan, +64.89% year-on-year, and net profit of 68 million yuan. Gross margin increased 1.2 percent year over year
Rockchip (603893): Machine vision in the automotive industry increased year-on-year
1Q24 revenue increased year-on-year, and profitability improved significantly. The company achieved revenue of 543 million yuan (yoy: +64.89%, qoq: -20.13%) and net profit to mother 68 million yuan (year-on-year turnoff)
Rockchip (603893.SH): Net profit of 67.6497 million yuan in the first quarter
Gelonghui, April 25 | Rockchip (603893.SH) released its first quarter report. Operating revenue was 543 million yuan, up 64.89% year on year, net profit of 67.6497 million yuan, after deducting non-net profit of 66.01 million yuan, and basic earnings per share of 0.16 yuan.
Rockchip (603893): Downstream warehouse removal is smooth, AI SOC is expected to accelerate deployment
2023 results are in line with market expectations The company announced 2023 results: revenue of 2.115 billion yuan, up 5.2% year on year, net profit of 135 million yuan, down 54.6% year on year, in line with market expectations, of which 4Q
China Galaxy released a research report on April 18 stating that it gave Rockchip (603893.SH) a recommended rating. The main reasons for the rating include: 1) 23Q4 performance grew steadily and gross profit bottomed out; 2) 24Q1 demand continued to impro
China Galaxy released a research report on April 18 stating that it gave Rockchip (603893.SH) a recommended rating. The main reasons for the rating include: 1) 23Q4 performance grew steadily and gross profit bottomed out; 2) 24Q1 demand continued to improve, and I am optimistic about the company's layout in automotive electronics and AI. (Mainichi Keizai Shimbun)
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