Finetide Financial News APP, Advanced Micro-fabrication Equipment Inc. China (688012.SH) released the report for the first three quarters of 2024, during the reporting period the company achieved revenue of 5.507 billion yuan, a year-on-year increase of 36.27%; net income attributable to shareholders of the listed company was 0.913 billion yuan, a year-on-year decrease of 21.28%; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.813 billion yuan, a year-on-year increase of 10.88%; basic EPS was 1.48 yuan/share. In the third quarter, net income attributable to shareholders of the listed company surged by 152.63% to 0.396 billion yuan.

The company's new orders in the first three quarters of 2024 (January-September) amounted to 7.64 billion yuan, an increase of approximately 52.0% year-on-year. Among them, etching equipment new orders were 6.25 billion yuan, an increase of approximately 54.7%; new product LPCVD new orders were 0.3 billion yuan, starting mass production.

In response to market demand, the company significantly increased its research and development efforts. The company's R&D expenditure in the first three quarters of 2024 was 1.544 billion yuan, an increase of 0.756 billion yuan compared to the same period last year (an increase of approximately 95.99%), with R&D expenditure accounting for approximately 28.03% of the company's revenue.

Based on customer order demand, the company produced a total of 1160 chambers of special equipment in the first three quarters of 2024 (January-September), an increase of approximately 310% year-on-year, corresponding to an output value of approximately 9.419 billion yuan, an increase of approximately 287%.