China Securities Intelligent Financial News Anlu Technology (688107) disclosed its 2024 annual performance forecast on the evening of January 17, and it is expected to achieve operating income of 620 million yuan to 680 million yuan in 2024, a year-on-year decrease of 2.97%-11.53%; The net profit loss attributable to the parent company was 190 million yuan to 230 million yuan, compared with a loss of 197 million yuan in the same period last year, and the loss of non-net profit was 225 million yuan to 265 million yuan, compared with a loss of 227 million yuan in the same period last year. Based on the closing price on January 17, Anlu Technology's current price-to-earnings ratio (TTM) is about -47.53 times to -57.53 times, the price-to-book ratio (LF) is about 8.49 times, and the price-to-sales ratio (TTM) is about 16.82 times.

Based on the average value of this disclosed performance forecast, the company's price-to-earnings ratio (TTM) chart in recent years is as follows

According to the data, the company's main products are FPGA chips, FPSoC chips and special EDA software.

According to the announcement, the reason for the change in the company's performance is that in 2024, it is mainly affected by factors such as the destocking cycle of some terminal industry customers has not yet ended, and the demand recovery process of various industries in the downstream market is different, and the operating income has decreased compared with the same period last year.

In order to further strengthen and consolidate its core competitiveness and enrich the company's product series to cover more downstream application fields, the company continued to invest in product research and development and team building, and still maintained a large R&D investment during the reporting period, while superimposing the impact of the decline in operating income, resulting in the net profit attributable to the owners of the parent company and the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses during the reporting period were still negative.

Proofreading: Yang Ning

Indicator Annotation:

P/E ratio = total market capitalization / net profit. When the company loses money, the P/E ratio is negative, and it is not practical to use the P/E ratio for valuation, and the P/B ratio or P/B ratio is often used as a reference.

Price-to-book ratio = total market capitalization / net assets. The price-to-book ratio valuation method is mostly used for companies with large fluctuations in earnings and relatively stable net assets.

Price-to-sales ratio = total market capitalization / operating income. The price-to-sales ratio method is often used for growing companies that are losing money or making small profits.

The price-to-earnings ratio and price-to-sales ratio in this article are calculated using the TTM method, that is, the data for the 12 months up to the latest financial report (including forecast). The price-to-book ratio is calculated using the LF method, that is, based on the latest financial report data. The quantile calculation range of the three is from the company's listing to the latest announcement date.

When the P/E ratio and price-to-book ratio are negative, the current quantile is not displayed, which will cause the line chart to be interrupted.