Verisilicon Microelectronics (Shanghai) Co., Ltd. is expected to incur a loss of 0.613 billion yuan in 2024, with revenue from AI-related IP licensing business accounting for approximately 40%.
① It is estimated that Verisilicon Microelectronics (Shanghai) Co., Ltd. will achieve a revenue of approximately 2.323 billion yuan in 2024, which is basically the same as in 2023; ② In the fourth quarter of 2024, revenue from Verisilicon Microelectronics (Shanghai) Co., Ltd.'s chip design business is expected to increase by approximately 81% year-on-year, and R&D expenses in 2024 are expected to increase by approximately 32% year-on-year.
Market Overview | The Hong Kong stock market continues to rise! The Hang Seng Index once returned to the 0.02 million point mark, Network Technology stocks advanced strongly, with JD.com, Meituan, and Alibaba all rising over 5%.
Futu News reported on January 20 that Hong Kong stocks opened higher and continued to rise, with the Hang Seng Index aiming for 0.02 million points, and the Hang Seng TECH Index once rising over 3%.
In 2024, the largest loss since going public was encountered, with Costar Group losing 0.8 billion over three years丨Interpretations.
① Costar Group will experience losses for three consecutive years; ② the total loss is approximately 0.8 billion yuan.
Youon Technology may suffer losses for three consecutive years, continuously initiating acquisitions in an attempt to improve performance | Interpretations
① Youon Technology is expected to report a loss of 80 million to -55 million yuan in 2024, potentially leading to three consecutive years of Net income losses. ② The company has set aside approximately 0.1 billion yuan for bad debts, but at the same time, the revenue from the hydrogen energy Business has seen significant growth, resulting in an overall reduction in losses. ③ Following the acquisition of Zhejiang Kaibo at the beginning of 2024, which provided a boost to performance, Youon Technology now has a new goal of collaborating with suitable technology.
AI drives the growth in demand for optical devices, with Tengjing Technology expected to increase its net profit by up to 80% in 2024.
① Tengjing Technology expects a year-on-year growth of 51.24%-80.05% in Net income for the fiscal year 2024, and a year-on-year growth of 64.75%-97.7% in net income after deductibles; ② In recent years, the company's applications in the field of precision optical components have gradually increased. In addition to the optical communication field, there are also applications in Medical, Semiconductors equipment, AR glasses, and quantum information.
BYD's overseas strategy: Brazil is a top priority, ASEAN is the present, Europe is the future.
Morgan Stanley stated that exports remain a key pillar for BYD to achieve sales growth in 2025, until its overseas production bases are fully operational. Amid escalating geopolitical tensions in other regions, ASEAN and the Americas will become major sales markets for BYD.