MediaTek, a major IC design company (2454-TW) held a press conference today (27th) and announced its third quarter financial report. Benefiting from the improvement in demand for smartphones and exchange rate assistance, the gross profit margin remained stable at 47% in the previous quarter, and the net profit after tax was 18.569 billion yuan, a quarterly increase 15.9%, a year-on-year decrease of 40.3%, and net earnings per share of 11.64 yuan, the highest in the past three quarters. In the first three quarters, the cumulative amount reached 32.35 yuan, earning more than three equity shares.
MediaTek’s net inventory continued to fall in the third quarter to 53.391 billion yuan, a quarterly decrease of 12.57% and an annual decrease of 36.02%. The inventory turnover days also further dropped to 90 days, significantly lower than the 115 days in the previous quarter and 111 days in the same period last year.
MediaTek’s revenue in the third quarter was 110.098 billion yuan, a quarterly increase of 12.2%, an annual decrease of 22.6%, a gross profit margin of 47.4%, a quarterly decrease of 0.1 percentage points, an annual decrease of 1.9 percentage points, and a operating profit rate of 16.3%, a quarterly increase of 1.3 percentage points, and an annual decrease of 110.098 billion yuan. Net profit after tax was 18.569 billion yuan, a quarterly increase of 15.9%, and an annual decrease of 40.3%. Net profit margin was 16%, a quarterly increase of 0.6 percentage points, and an annual decrease of 5 percentage points. The after-tax net profit per share was 11.64 yuan.
MediaTek’s revenue in the first three quarters was 303.884 billion yuan, a year-on-year decrease of 31%, gross profit margin was 47.6%, a year-on-year decrease of 2 percentage points, operating profit margin was 15.5%, a year-on-year decrease of 9.2 percentage points, and after-tax net profit was 51.478 billion yuan, a year-on-year decrease of 48.58%. The net profit margin was 16.94%, an annual decrease of 5.78 percentage points, and the net profit after tax per share was 32.35 yuan.
2023-10-27 06:58:55
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