Corelink Integrated (688469.SH) achieved a total operating income of 6.509 billion yuan in 2024, a year-on-year increase of 22.25%.

date
24/02/2025
avatar
GMT Eight
Xinlian Integrated (688469.SH) released its annual performance report for 2024, with an expected total operating income of 6.509 billion yuan, a year-on-year increase of 22.25%. The net loss attributable to the owners of the company is expected to be 968 million yuan. During the reporting period, the company achieved a main business revenue of approximately 6.276 billion yuan, a year-on-year increase of about 27.80%. In addition to solidifying the first growth curve focused on silicon-based power, the company's second growth curve in SiC business achieved a revenue of 1.016 billion yuan, and the third growth curve in analog IC business both grew by over 100% compared to the previous year. The company's annual gross profit margin for 2024 has turned positive by approximately 1.07%, an increase of about 7.88 percentage points year-on-year. Net profit attributable to the parent company has significantly improved, with a year-on-year decrease in losses of about 50.57%. EBITDA reached 2.141 billion yuan, a year-on-year increase of 131.40%; EBITDA profit margin was 32.90%, an increase of 15.52 percentage points year-on-year.

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