688018 Espressif Systems
- 100.95
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Espressif Systems News
Espressif Systems (688018.SH): The company's products cannot currently be used in core autonomous driving computing platforms.
GLE News September 23rd | espressif systems (688018.SH) stated on the investor interaction platform that the company's products cannot currently be used for core autonomous driving computing platforms. However, they can be used as part of the asia vets driving field, especially to support low-power wireless communication, vehicle internet of things, sensor monitoring functions, helping enhance the intelligence level of vehicles.
Express News | Shanghai's semiconductor companies held a collective roadshow.
Express News | 254 companies were surveyed by institutions.
Express News | Benefiting from AI, the semiconductor leading companies are bullish on the trend for the second half of the year and have presented a series of highlights in their collective roadshows.
Express News | The latest research itinerary of institutions has been released, with Huizhou Desay SV Automotive receiving the most attention.
Espressif Systems (688018.SH): AR glasses are one of our downstream application markets.
Espressif Systems (688018.SH) stated on the interactive platform on August 15 that AR glasses are one of our downstream application markets and will be covered by our product line.
Express News | Huafu Securities: Focus on five investment opportunities in the electronics industry.
Express News | Espressif Systems: Low raw material prices have a positive effect on gross margin.
Espressif Systems: Optimistic about the market expectations in the second half of the year and focusing on promoting low-power products. Direct earnings conference coverage.
Espressif Systems stated that in the first half of the year, small devices such as smart toothbrushes, beauty devices, and dictionary pens were in high demand, and the intelligence of other industries such as industrial control was in the start-up stage from 0 to 1. It is expected that the future intelligence penetration rate in the above-mentioned fields will continue to increase. The chairman and general manager of the company, Zhang Rui'an, stated that the theme of their new products next year is "low power consumption", and they are focusing on the development of low power consumption products, especially the broad potential of the low power consumption Bluetooth market.
Espressif Systems(688018): Achieved record-high single quarter performance with continuous increases in sales volume of new products.
Event: The company has released its 2024 interim report, achieving revenue of 0.92 billion yuan in the first half of the year, a year-on-year increase of 38%, and achieving net income attributable to the parent company of 0.15 billion yuan, a year-on-year increase of 134.9%. Among them, the company achieved operating income in Q2 single quarter.
Express News | The latest research itinerary of institutions has been released, with Espressif Systems being the most watched.
In July, institutions conducted a lot of research on Star board companies. This semiconductor leader had the highest reception among A-share companies.
Among the top 5 companies with the highest reception volume in July on the A-share market, 4 are star companies. Among the top 10 star companies with the highest reception volume, 4 belong to the medical industry and 3 are semiconductor companies.
Espressif Systems (688018): Continued growth in new products, high Q2 performance increase.
On July 29, 2024, Espressif Systems announced its 2024 interim report. In the first half of 2024, the company achieved an income of 0.92 billion yuan, an increase of 37.96% year-on-year, and a net income of 1 for its parent company.
Espressif Systems (688018.SH): Currently, the company's gross margin level has an advantage compared to the industry.
Espressif systems (688018.SH) disclosed the investor relations activity record, indicating that the company's gross margin level currently has advantages compared to the industry level, which can support the company's continuous research and development investment and positive cyclical development. However, the company needs to comprehensively consider the competitiveness of product prices in the industry and the level of gross margin required for positive operation to formulate comprehensive gross margin targets, and there is currently no plan to raise it. Espressif's product matrix is further enriched, with a wide variety of product lines, and new products are gradually entering the mass production stage.
Espressif Systems (688018.SH): Currently, the module proportion has remained stable in the range of 55%-60% for four consecutive quarters.
According to the investor relations activity record table disclosed by Espressif Systems (688018.SH), the proportion of modules decreased from the previous highest proportion of 66.6% in a single quarter to 56.7% in Q1, but slightly increased to 58.6% in Q2. Overall, the growth rate of chip sales is higher than that of modules. Firstly, there is a rapid growth in handheld miniaturized devices, such as beauty instruments, electric toothbrushes, etc. Due to their small size, chips are mainly used. In addition, the competitive landscape has improved, and downstream module manufacturers have chosen to use Espressif chips in more customer projects during the expansion of their own business, and the role of module manufacturers in the industry chain is direct.
Espressif Systems (688018): New products drive demand and expand new customers, significantly improving profitability.
Event: The company released its 2024 semi-annual report, achieving revenue of 0.92 billion yuan in the first half of 2024, an increase of 37.96% year-on-year; net income attributable to the parent company reached 0.152 billion yuan, an increase of 134.85% year-on-year.
Espressif Systems (688018): High year-on-year growth in performance in the first half of 2024, bullish on continued expansion of product matrix.
In the first half of 2024, there was a high year-on-year increase in performance, and the expansion of the product matrix helped revenue growth. The "buy" rating is maintained. In the first half of 2024, the company achieved revenue of 0.92 billion yuan, up 37.96% year on year, and net income attributable to shareholders of 0.152 billion yuan.
Espressif Systems (688018): Revenue increases and gross margin reaches a new high in nearly three years.
In 2Q24, the company achieved a revenue of 0.533 billion yuan (+52.78% YoY, +37.66% QoQ), with a net income attributable to shareholders of 0.098 billion yuan.
[BT Financial Analysis] Espressif Systems 2024 Interim Report: impressive performance, significant improvement in multiple financial indicators.
This financial report was issued on July 30th, 2024 at 11:06:32. Espressif Systems (Stock code: 688018) is a company that specializes in the research, development, design, and sales of integrated circuit products, mainly engaged in the research and sales of AIoT SoC. With the rapid development of emerging application fields such as the internet of things and artificial intelligence, Espressif Systems has taken an important position in the industry with its leading technology and products. From the perspective of asset-liability data, the total asset balance of Espressif Systems at the end of the period was 2.322 billion yuan, an increase of 5.36% from the beginning of the period, showing steady growth of the company's assets. At the same time, the debt consolidation
Espressif Systems (688018): Strong profit performance in Q2, enriched product lines driving market expansion.
Investment Highlights: In H1 2024, the gross margin performance exceeded the company's target, and profitability reached a new level. (1) Revenue: Achieved revenue of 0.92 billion yuan in H1 2024, up 38% year-on-year, with a single Q2 revenue of 0.53 billion yuan, yoy+.
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