On the evening of January 17, NOVOSENSE (688052) released a performance forecast, which is expected to have a net loss of more than 360 million yuan in 2024.

According to the announcement, according to the preliminary calculation of the financial department, NOVOSENSE expects to achieve operating income of 1.9 billion to 2 billion yuan in 2024, a year-on-year increase of 44.94% to 52.56%; The net profit loss attributable to owners of the parent company is expected to be 360 million yuan to 440 million yuan, and the net profit loss attributable to owners of the parent company after deducting non-recurring gains and losses is expected to be 410 million yuan to 490 million yuan.

The data shows that in 2024, compared with the same period last year, the performance of NOVOSENSE will increase in revenue, but the net profit loss will expand.

According to the announcement, in 2023, NOVOSENSE will have an operating income of 1.311 billion yuan, a net profit loss attributable to the owners of the parent company of 305 million yuan, and a net profit loss of 393 million yuan attributable to the owners of the parent company after deducting non-recurring gains and losses.

NOVOSENSE said that the expected revenue growth is mainly due to the company's steady growth in demand in the downstream automotive electronics field, and the company's related products in the field of automotive electronics continue to increase; At the same time, the prosperity of the consumer electronics field continues to improve; Most customers in the pan-energy sector, industrial automation and digital power are back to normal demand.

The net profit loss was mainly affected by the overall macro economy and the intensification of market competition, the company's product prices were under pressure, and the gross profit margin decreased compared with the same period last year.

At the same time, NOVOSENSE said that the company's accumulation of resources in R&D, market development, supply chain system construction, product quality management, talent construction and other aspects has made sales expenses, management expenses, and R&D expenses increase year-on-year.

In addition, NOVOSENSE also mentioned in the announcement that the company's amortized share-based payment expenses in the current period were about 67.564 million yuan, a decrease of about 69.44% compared with the amortized share-based payment expenses in the same period last year. The company is expected to be unable to complete the company-level performance appraisal set by the relevant restricted stock incentive plan in 2024, and accordingly, it has reversed the corresponding cumulative recognized share-based payment expenses of about 201 million yuan.

In addition, according to NOVOSENSE's announcement on the evening of the same day, in order to truly and fairly reflect the company's financial position on December 31, 2024 and the operating results in 2024, the company conducted a comprehensive inventory of the relevant assets within the scope of the merger, and based on the principle of prudence, made impairment provisions for the relevant assets that are expected to have a greater possibility of impairment losses.

According to the announcement, during the reporting period, NOVOSENSE made various impairment provisions totaling about 103 million yuan, reducing the net profit attributable to the owners of the parent company by about 103 million yuan in 2024, and reducing the owner's equity attributable to the parent company by about 103 million yuan at the end of the reporting period.

According to public information, Suzhou NOVOSENSE Microelectronics Co., Ltd. is a high-performance and high-reliability analog and mixed-signal chip company. Since its establishment in 2013, the company has focused on the three major directions of sensors, signal chain and power management, providing a wealth of semiconductor products and solutions, which are widely used in the fields of automotive, industrial, information communication and consumer electronics.

In the secondary market, as of the close of trading on the 17th, NOVOSENSE rose 15.04% to 146.6 yuan per share, with a total market value of 20.89 billion yuan.