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2021 3Q Results 11Nov2021 AAC TECHNOLOGIES HOLDINGS INC. (Incorporated in the Cayman Islands with limited liability) (Stock code: 2018 HK)
AAC TECHNOLOGIES HOLDINGS INC.
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 2018 HK)1
2021 Q3 Result Overview
1YoY changes for revenue and profitability in 3Q
ChangeRevenue4.25 billion -6.1%
22.7% -0.9 p.p.RMBElectromagnetic Drives & Precision
Change-57.4%964 million
Net Profit183 million47.3%28.2%
G.P.M.RMB Million•Stable market share in the major customer
with shipment volume increased QoQ ;
•G.P.M. for Android acoustics decreased
•The total acoustics solution provided to the
automotive OEMs creates new driving
experience with superior sound
G.P.M.RMB Million•Maintained market share in the
•More in-house chips will be adopted in
MEMS microphone to reduce costs;
•Continued to expand into IoTs, smart
home appliances, wearable devices
and automotive markets.EMD & PM
G.P.M.RMB Million•EMD: Shipment volume and ASP
increased QoQ ; haptics solutions further
penetrate into various application
•PM: Synergies from acquisition of Toyo
Precision*; diversified customer and
product mix, driving revenue contribution
from non -smartphone market.
20.3% 15.3%2021 Q3 Result Highlights by Business Segments
254•Shipment volume of plastic lens and
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investor_presentation
10 Pages