Summary by Moomoo AI
BaTeLab achieved excellent performance in the fiscal year 2024, with revenue reaching 0.5788 billion yuan RMB, a year-on-year growth of 24.8%; net profit recorded at 0.1666 billion yuan RMB, a year-on-year increase of 52.6%. Basic earnings per share were 2.78 yuan RMB, up from 2.42 yuan RMB in the same period last year.The company's main revenue comes from sales of analog IC wafers, reaching 0.5724 billion yuan RMB, accounting for 98.9% of total revenue. Research and development investment continues to increase, with R&D expenses reaching 0.1292 billion yuan RMB, making up 22.3% of revenue. The top three customers contributed significantly, generating revenue of 0.2366 billion yuan, 0.2271 billion yuan, and 59.1 million yuan RMB respectively.Looking ahead, the company will continue to increase investment in R&D, focusing on expanding the product portfolio of analog IC designs. Additionally, in December 2024, the company will implement a stock incentive plan, granting 371,876 restricted stock units to core employees to encourage talent development and drive continuous business growth.
