PC brand manufacturer ASUS announced last year's results, in the first half of 2023, the PC industry is under inventory adjustment, resulting in a sharp decline in ASUS's performance in the first half of the year.
Looking ahead, with the recovery of the PC industry this year, coupled with the expected fermentation of AI PC, AI server and other businesses, it is optimistic that ASUS's revenue will return to the growth track in 2024, and its performance will have double-digit growth.
ASUS reported revenue of 360 in December last year4.3 billion yuan, a monthly decrease of 1647%, down 1212%；ASUS reported group revenue of 1,213 in the fourth quarter of last year1.7 billion yuan, down 1017%, down 4 percent year-on-year53%；The cumulative revenue of ASUS in 2023 is 4,8347.1 billion yuan, down 10% year-on-year.
In terms of brand revenue, ASUS's revenue in December was 32 billion yuan, down 15% year-on-year, brand revenue in the fourth quarter was 111.9 billion yuan, down 5% year-on-year, and brand revenue for the whole year of 2023 was 448 billion yuan, down 9% year-on-year.
With the industry expecting the PC industry's shipments to return to positive growth this year, coupled with ASUS's deployment of AI servers, generative AI large language models and AI PCs, the market is optimistic about ASUS's operating growth momentum this year.
ASUS's revenue in 2024 is expected to grow by double digits, and earnings growth will be higher than earnings growth.