688099 Amlogic
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Amlogic News
Jingchen Co., Ltd. (688099): Earnings increased significantly in the first quarter, and T-series chips performed well
Description of the incident On April 29, 2024, Jingchen Co., Ltd. announced the “2024 First Quarter Report”. 2024Q1, the company achieved operating income of 1,378 billion yuan, +33.16% year-on-year, and achieved net profit to mother1
Jingchen Co., Ltd. (688099): Profit maintained high growth in the first quarter, benefiting from diversified product layouts
Incident: On April 30, the company released its 2024 quarterly report. In 24Q1, it achieved operating income of 1,378 million yuan, +33.16% year over year, net profit to mother of 128 million, +319% year over year; net profit without return to mother
Jingchen Co., Ltd. (688099): T-series revenue increased by more than 100% year-on-year
1Q24 revenue and non-net profit increased 2% year-on-year, 21%. The company announced 1Q24 revenue, net profit attributable to mother, deducted non-net profit of 10.77 billion yuan, 1.70 billion yuan, and 1.69 billion yuan (+2%/+12%/+21%
Express News | Jingchen Co., Ltd.: Net profit from mother in the first quarter was 128 million yuan, an increase of 319.05% over the previous year
China Post Securities released a research report on April 23 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) the 23-year performance improved quarterly, and 24Q1 is expected to achieve high g
China Post Securities released a research report on April 23 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) the 23-year performance improved quarterly, and 24Q1 is expected to achieve high growth; 2) high-intensity R&D investment bottomed out, and the continuous iteration of new products. (Mainichi Keizai Shimbun)
Jingchen Co., Ltd. (688099): Multiple products blossom and performance continues to grow
Description of the incident On April 11, 2024, Jingchen Co., Ltd. released the “2023 Annual Report” and the “2024 First Quarter Results Forecast”. In 2023, the company achieved revenue of 5.371 billion yuan, year-on-year -3.
Jingchen Co., Ltd. (688099): Starting a new round of growth
The incident company issued a voluntary disclosure notice for the 2023 annual report and the results forecast for the first quarter of '24. For the full year of 2023, the company achieved operating income of 5.371 billion yuan, a year-on-year decrease of 3.14%; achieved net profit attributable to mother4
Southwest Securities released a research report on April 21 stating that it maintains the purchase rating of Jingchen Shares (688099.SH), and the target price is 68.00 yuan. The main reasons for the rating include: 1) gross margin improved significantly i
Southwest Securities released a research report on April 21 stating that it maintains the purchase rating of Jingchen Shares (688099.SH), and the target price is 68.00 yuan. The main reasons for the rating include: 1) gross margin improved significantly in the fourth quarter, and profits are expected to increase in the first quarter; 2) smart set-top boxes are expected to rise steadily, and AI will empower large-screen TVs; 3) new products will gradually be commercialized, and revenue will increase further in Q2 and throughout the year. (Mainichi Keizai Shimbun)
Jingchen Co., Ltd. (688099): Q1 performance achieved a high increase in a number of successful new product releases
Incident: The company released the 2023 report and forecast for the first quarter of 2024. In 2023, the company achieved revenue of 5.37 billion yuan, a year-on-year decrease of 3.1%, and realized net profit of 500 million yuan, a year-on-year decrease of 31.5%. Furthermore, the company expects
Debon Securities released a research report on April 17 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) steady improvement in revenue, gradually breaking away from the downward cycle; 2) inve
Debon Securities released a research report on April 17 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) steady improvement in revenue, gradually breaking away from the downward cycle; 2) investing heavily in countercyclical R&D to expand the product matrix; 3) continuously deepening the market and accumulating high-quality customer resources. (Mainichi Keizai Shimbun)
Jingchen Co., Ltd. (688099): Rapid performance growth countercyclically increases R&D expansion product matrix
Incident 1: On April 12, Jingchen Co., Ltd. released its 2023 annual report. In 2023, the company achieved revenue of 5.371 billion yuan, -3.14% year on year; realized net profit of 498 million yuan, 31.4 million yuan year on year
Jingchen Co., Ltd. (688099): Five product lines go hand in hand, and revenue growth can be expected in 2024
Investment Highlights On April 11, 2024, the company issued a voluntary disclosure notice for the first quarter of 2024 results forecast and the 2023 annual report. Further revenue growth is expected in 24Q2 and 2024, 24Q
Huajin Securities released a research report on April 15 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) revenue is expected to increase further in 24Q2 and 2024, and 24Q1 profit doubled year
Huajin Securities released a research report on April 15 stating that it gave Jingchen Shares (688099.SH) a purchase rating. The main reasons for the rating include: 1) revenue is expected to increase further in 24Q2 and 2024, and 24Q1 profit doubled year on year; 2) the five major product lines went hand in hand, and the first 6nm commercial chip and Wi-Fi three-mode combination new product was successfully released. (Mainichi Keizai Shimbun)
Jingchen Co., Ltd. (688099): Breaking away from the industry's downturn cycle, 6NM commercial chip streaming successfully
Revenue and gross margin declined slightly year-on-year in 2023, and net profit was greatly affected by expenses. The company released an annual report and achieved revenue of 5.371 billion yuan (YoY -3.1%) and net profit of 498 million yuan to mother in 2023 (
Jingchen Co., Ltd. (688099) 2023 Annual Report Review: Performance is picking up rapidly, and the pace of new product launch is smooth
Incident: On April 12, Jingchen Co., Ltd. released its 2023 annual report and 1Q24 performance forecast. In 2023, the company achieved revenue of 5.371 billion yuan, a year-on-year decrease of 3.14%; owned by the parent company
Minsheng Securities released a research report on April 13 stating that it gave Jingchen Co., Ltd. (688099.SH) a recommended rating. The main reasons for the rating include: 1) rapid recovery in performance and continuous improvement in profitability; 2)
Minsheng Securities released a research report on April 13 stating that it gave Jingchen Co., Ltd. (688099.SH) a recommended rating. The main reasons for the rating include: 1) rapid recovery in performance and continuous improvement in profitability; 2) continuous development and smooth pace of new product release; 3) providing multi-platform solutions to expand the high-quality customer base. (Mainichi Keizai Shimbun)
Amlogic Shanghai's 2023 Profit Slides 31%; Shares Jump 12%
Amlogic Shanghai's (SHA:688099) attributable profit fell 31% to 498 million yuan in 2023 from 726.7 million yuan in 2022, according to a Friday filing with the Shanghai bourse. Earnings per share at t
Jingchen Co., Ltd. (688099) 1Q24: T series revenue doubled year-on-year
Revenue improved quarterly in '23, profitability continued to improve. The company disclosed its annual report and 1Q24 forecast. In '23, the company achieved revenue of 5.371 billion yuan (yoy: -3.14%) and net profit of 498 million yuan to mother
The chip semiconductor sector fluctuated and strengthened, and Jingchen shares rose more than 10%
The chip semiconductor sector fluctuated and strengthened in early trading. Jingchen shares rose more than 10%, while stocks such as Rockchip, Jiang Feng Electronics, Chunzhong Technology, and Shennan Circuit rose more than 5%. According to the news, Jingchen Co., Ltd. expects net profit for the first quarter to increase by about 310.68% year on year; Rockchip expects net profit for the first quarter to increase by 426.44% to 480.85% year on year.
Jingchen's Q1 net profit pre-increased threefold, and new products such as smart cockpit chips were commercially listed, and many index funds increased their holdings
① The net profit of Jingchen Co., Ltd. fell 31.46% year on year in 2023. At the same time, revenue and net profit to mother are expected to increase in the first quarter of 2024; ② In 2023, Jingchen Co., Ltd. will achieve commercial mass production of new products such as smart cockpit chips, Wi-Fi 6, and 8K before loading.
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