ACMR Latest Report

ACM Research's Financial Performance

ACM Research (stock code: ACMR) reported a total operating revenue of US$2.235 billion as of December 31, 2024, up 31.43% from US$1.703 billion as of December 31, 2023. This significant growth indicates an improvement in the company's sales performance in the market, reflecting the recovery of the semiconductor industry and its successful efforts in technological innovation and market expansion.

Key Financial Data

1. The operating revenue increased from US$1.703 billion in 2023 to US$2.235 billion in 2024, a growth of 31.43%.

2. Key products include single wafer cleaning equipment (revenue of US$160.985 million, up 21.6% YoY) and semiconductor front-end processing equipment (ECP) and other technologies (revenue of US$34.6 million, up 35.6% YoY).

3. The global semiconductor market is expected to reach US$6112.31 billion in 2024, showing an overall growth trend.

Industry Comparison

1. Industry-wide analysis: The semiconductor equipment industry as a whole showed a year-on-year growth rate of 20%-25% in 2024, and ACM Research's growth rate is significantly higher than the industry average, indicating an improvement in its competitiveness in the market.

2. Peer evaluation analysis: ACM Research's operating revenue growth rate is significantly higher than its major competitors, indicating its superior performance in technological innovation and market expansion.

Summary

ACM Research's revenue growth in 2024 was mainly driven by the improvement in market demand and the successful launch of new products. With the recovery of the semiconductor industry, the company's efforts in technological innovation and market expansion have brought significant competitive advantages.

Opportunities

1. With the continuous growth of the global semiconductor market, ACM Research is expected to further expand its market share.

2. The launch of new products and technological research and development will enhance the company's market competitiveness and attract more customers.

3. More cooperation opportunities in the industry may bring new business growth points for the company.

Risks

1. Increased industry competition may put pressure on the company's market share.

2. Demand fluctuation risk, if demand decreases, may affect revenue growth.

3. Supply chain issues or technological bottlenecks may affect product delivery and the company's revenue.