Following the market close on July 15, Smartsens released preliminary financial results for the first half of 2025. The company anticipates revenue between RMB 3.6 billion and RMB 3.9 billion, marking a robust 47% to 59% year-on-year increase. Net profit attributable to shareholders is forecasted at RMB 360 million to RMB 420 million, representing a 140% to 180% surge compared to the same period last year. Excluding non-recurring items, net profit is projected to reach RMB 358 million to RMB 418 million, climbing 135% to 174%. After adjusting for share-based compensation, non-GAAP net profit would register RMB 389 million to RMB 449 million, an 88% to 118% jump.
As a leading domestic CMOS image sensor (CIS) manufacturer, Smartsens serves diverse sectors including security surveillance, machine vision, automotive electronics, and smartphones. Explosive shipment growth across these domains drove the outstanding performance.
In smartphones, shipments of next-generation 50-megapixel sensors for flagship main/wide-angle/telephoto/front cameras and cost-effective 50MP solutions for mainstream devices surged dramatically. Security segment revenues rose substantially through increased sales of upgraded products and expanded market penetration of premium solutions. Automotive electronics witnessed robust growth in next-generation sensors for ADAS applications like surround-view and cabin monitoring systems.
Smartphone operations remain the primary growth engine, contributing 55.15% of 2024's total revenue at RMB 3.291 billion. Industry sources indicate Smartsens collaborated with Huawei on the customized 1-inch RYYB CIS (model SC5A0CS) for the imaging-focused Pura 80 series.
Recent product launches include: - May: 4MP security sensor SC4336H featuring DSI™-3 technology and SFCPixel® - June: 2MP medical endoscope sensor SC1400ME with ultra-compact design - July: 50MP smartphone sensor SC595XS sporting 110dB HDR capabilities
Market research firm TSR reports Smartsens dominated global security CIS shipments from 2020-2023. The company ranked fourth worldwide and second domestically in 2023 automotive CIS shipments, while capturing 11.2% of 2024's smartphone CIS market for fifth place globally.
Industry dynamics show CIS suppliers rebounding from the consumer electronics slump as smartphone demand revives. Counterpoint forecasts a 1.4% year-on-year shipment increase in China's smartphone market for H1 2025. Multi-camera configurations and high-resolution primary sensors continue gaining adoption momentum.
Emerging AI applications and novel CIS use cases are poised to expand market volume and value. Smartphone shipments should maintain positive growth, while automotive CIS demand accelerates alongside ADAS deployment. Additional opportunities arise from industrial automation, machine vision, and medical imaging sectors.
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