AMST Latest Report

Performance Review

Amesite (stock code: AMST) recorded a significant decline in its operating revenue of RMB127.6 million in 2024, compared to RMB414.4 million in 2023, with a decrease of approximately 69.0%. This change reflects the company's significant sales and market demand challenges.

Key Financial Data

1. The operating revenue in 2024 was RMB127.6 million, a decrease of 69.0% compared to 2023.

2. R&D expenses in 2024 were RMB211.8 million, a decrease compared to RMB331.2 million in 2023.

3. Marketing, sales, and general management expenses in 2024 were RMB93.2 million, an increase compared to RMB66.6 million in 2023.

Industry Comparison

1. Overall industry analysis: In the overall industry analysis, if most of the peer companies' operating revenues remain stable or increase, while Amesite's operating revenue declines significantly, it indicates that Amesite may have issues in internal management or market strategy. The industry is generally affected by macroeconomic factors, and weak market demand and intensified competition may be common phenomena.

2. Peer evaluation analysis: Compared to other companies in the same industry, Amesite's operating revenue has significantly decreased. If the industry peers such as ASML show strong market demand in the fourth quarter of 2023, Amesite's decline highlights the possible loss of its market share, reflecting its disadvantage in market competition.

Summary

Amesite experienced a significant decline in operating revenue in 2024, mainly affected by weak market demand, intensified competition, and uncertainties in the macroeconomic environment. Although the company has innovated in products and services, its overall market performance is not as expected, showing challenges in market positioning and customer attraction.

Opportunities

1. Amesite's launch of the NurseMagic application and cooperation with franchising brands may open up new market opportunities.

2. Strengthening market promotion and customer relationship management may help improve sales by enhancing brand influence and customer loyalty.

3. Continuing to develop innovative products to meet market demands and enhance market competitiveness.

Risks

1. Continued weak market demand and uncertainties in the macroeconomic environment may lead to further declines in future operating revenue.

2. Increased marketing and management expenses that fail to effectively convert into revenue may affect the company's overall profitability.

3. Intensified competition within the industry may lead to further loss of market share, affecting the company's market position and financial health.