基康仪器股份有限公司 2024 年度审计报告 【天衡审字(2025) 00406 号】 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn/ 报告编码:苏25 审计报告 天衡审字(2025)00406 号 基康仪器股份有限公司全体股东: 一、审计意见 我们审计了基康仪器股份有限公司(以下简称"基康仪器")财务报表,包括 2024年 12 月 31 日的合并及母公司资产负债表,2024年度的合并及母公司利润表、合并及母公司 现金流量表、合并及母公司股东权益变动表以及相关财务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制,公允反映 了基康仪器 2024 年 12 月 31 日的合并及母公司财务状况以及 2024 年度的合并及母公司 经营成果和现金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计师 对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。按照中国注册会计 师职业道德守则,我们独立于基康仪器,并履行了职业道德方面的其他责任。我们相信, 我们获取的审计证据是充分、 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.5500 | 0.5200 | 5.77 | 0.4700 | | 每股净资产（元） | 4.27 | 3.98 | 7.29 | 4.06 | | 每股公积金(元) | 2.17 | 2.15 | 0.93 | 2.19 | | 每股未分配利润(元) | 0.94 | 0.83 | 13.25 | 0.75 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 3.57 | 3.29 | 8.51 | 2.99 | | 净利润(亿元) | 0.77 | 0.73 | 5.48 | 0.61 | | 净资产收益率(%) | 13.60 | 13.00 | 4.62 | 12.70 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 6445.63万股，累计占流通股比： 57.17%，较上期变化： ...

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook for its stock performance in the near term [5][10]. Core Views - The company is positioned as a "small giant" in the intelligent monitoring sensor sector, with solid performance and a focus on shareholder returns. The engineering safety monitoring products are crucial for infrastructure construction, and the company is expected to benefit from new growth opportunities in the smart city transportation sector [5][10]. - The company has a robust order backlog and is experiencing significant growth in operating cash flow, alongside a stable dividend distribution policy since its listing in 2022 [6][10]. Summary by Sections Market Performance - The closing price of the stock is 13.87 yuan, with a market capitalization of approximately 1,934.83 million yuan and a circulating market value of 1,563.53 million yuan [3]. Financial Data - The company reported a total revenue of 299 million yuan in 2022, with a projected increase to 400 million yuan in 2025, reflecting a compound annual growth rate (CAGR) of 12.13% from 2023 to 2025 [8][10]. - The net profit attributable to the parent company is expected to grow from 73 million yuan in 2023 to 106 million yuan in 2026, with corresponding earnings per share (EPS) increasing from 0.52 yuan to 0.76 yuan [10]. Investment Opportunities - The company is set to benefit from the Ministry of Transport's plan to enhance structural monitoring systems for bridges and tunnels by 2025, which will drive demand for its safety monitoring equipment [5][10]. - The company has a strong presence in the water conservancy and energy sectors, with national investments in water infrastructure reaching a historical high of 1.35 trillion yuan in 2024, which is expected to further boost demand for safety monitoring sensors [6][10]. Product Development - The company has increased its R&D investment, resulting in a diverse product matrix, including a well-received machine vision deformation monitoring system. As of June 30, 2024, the company holds 50 patents, showcasing its commitment to innovation [5][10].

证券代码：830879 证券简称：基康仪器 公告编号：2025-003 基康仪器股份有限公司 关于取得矿用产品安全标志证书的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、基本情况 基康仪器股份有限公司（以下简称"公司"）于近日收到安标国家矿用产品安 全标志中心有限公司核发的 6 项《矿用产品安全标志证书》，现将相关事项公告 如下： | 序号 | 持证人 | 安全标志编号 | 产品名称 | 规格型号 | | | 有效期 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 基康仪器股 | KFB250001 | 矿用一般型锚 | MC-2500 | 2025 | 年 | 1 | 月 2 | | 日 | | | 份有限公司 | | 索测力计 | | ~2030 | 年 | 1 | 月 | 1 | 日 | | 2 | 基康仪器股 | KFB250031 | 矿用一般型压 | YKY3 | ...

Group 1: Investor Relations Activities - The investor relations activities included an analyst meeting held on February 17 and 18, 2025, via a phone conference and at a physical location in Beijing [3] - Participating units included various securities firms and investment funds, with notable attendance from Kaiyuan Securities and Galaxy Securities [4] Group 2: Company Performance and Growth Areas - The company reported strong downstream demand, particularly in the energy and water conservancy sectors, with a focus on projects like pumped storage and conventional hydropower [4][5] - As of September 2024, China's cumulative hydropower installed capacity reached 430 million kW, projected to exceed 540 million kW by 2030 [4] - In 2024, national water conservancy investment reached a record high of 1.35 trillion yuan, with expectations for continued high levels in 2025 [5] Group 3: Financial Outlook - The company anticipates a slight increase in gross profit margin for 2024, with revenue from safety monitoring IoT solutions growing compared to the previous year [6] - The average dividend payout ratio since the company's listing in 2022 has been 68%, with total cash dividends amounting to 109.8742 million yuan [9] Group 4: Research and Development Focus - In 2025, the company plans to enhance R&D investments, focusing on core technologies such as fiber optic sensors and machine vision [7] - New product developments aim to meet market demands in various sectors, including transportation and water conservancy [7] Group 5: Industry Recovery and Challenges - The transportation sector's performance is recovering but has not yet returned to peak levels, with ongoing projects in lightweight monitoring and safety assessments expected to drive growth [8] - The company has noted a slight increase in bad debt provisions for 2024, but the impact on profits is expected to be minimal due to low risk from major clients [10] Group 6: Cautionary Notes - The report includes uncertainties regarding industry trends and technological advancements, advising investors to make informed decisions [11]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2] Core Views - The company achieved a revenue of 357 million yuan in 2024, representing a year-on-year growth of 8.57%, driven by the water conservancy and energy sectors [4] - The net profit attributable to shareholders for 2024 was 77.07 million yuan, reflecting a year-on-year increase of 6.07% [4] - The company has slightly adjusted its profit forecasts for 2024-2026, expecting net profits of 77 million, 89 million, and 103 million yuan respectively [4] - The current stock price corresponds to P/E ratios of 23.8, 20.6, and 17.9 for the years 2024, 2025, and 2026 respectively [4] Financial Summary and Valuation Indicators - Revenue (million yuan): 2022A: 299, 2023A: 329, 2024E: 357, 2025E: 400, 2026E: 458 [9] - Year-on-Year Growth (YOY %): 2022A: 15.3, 2023A: 10.0, 2024E: 8.6, 2025E: 12.2, 2026E: 14.4 [9] - Net Profit (million yuan): 2022A: 61, 2023A: 73, 2024E: 77, 2025E: 89, 2026E: 103 [9] - Gross Margin (%): 2022A: 50.8, 2023A: 54.6, 2024E: 52.5, 2025E: 52.2, 2026E: 51.6 [9] - Net Margin (%): 2022A: 20.3, 2023A: 22.1, 2024E: 21.6, 2025E: 22.3, 2026E: 22.4 [9] - Return on Equity (ROE %): 2022A: 10.5, 2023A: 13.0, 2024E: 12.9, 2025E: 13.5, 2026E: 14.2 [9] Industry Demand and Innovation - The company is experiencing strong market demand in downstream industries, supported by favorable government policies [5] - In 2024, the company capitalized on opportunities in various sectors such as water network construction and energy monitoring, leading to continuous growth in new contracts and revenue [5] - The company is increasing its R&D investment and expanding its technology center to enhance its competitive edge [5] - The company has obtained 50 patents and is focusing on the smart monitoring sensor field, with plans to continue developing sensor technology [6]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [2] Core Views - The company achieved a revenue of 357 million yuan in 2024, representing a year-on-year growth of 8.57%, driven by the water conservancy and energy sectors [4] - The net profit attributable to shareholders for 2024 was 77.07 million yuan, reflecting a year-on-year increase of 6.07% [4] - The company has slightly adjusted its profit forecasts for 2024-2026, expecting net profits of 77 million, 89 million, and 103 million yuan respectively [4] - The current stock price corresponds to P/E ratios of 23.8, 20.6, and 17.9 for the years 2024, 2025, and 2026 [4] Financial Summary - Revenue (million yuan): 2022A: 299, 2023A: 329, 2024E: 357, 2025E: 400, 2026E: 458 [9] - Year-on-Year Growth (YOY %): 2022A: 15.3, 2023A: 10.0, 2024E: 8.6, 2025E: 12.2, 2026E: 14.4 [9] - Net Profit (million yuan): 2022A: 61, 2023A: 73, 2024E: 77, 2025E: 89, 2026E: 103 [9] - Gross Margin (%): 2022A: 50.8, 2023A: 54.6, 2024E: 52.5, 2025E: 52.2, 2026E: 51.6 [9] - Net Margin (%): 2022A: 20.3, 2023A: 22.1, 2024E: 21.6, 2025E: 22.3, 2026E: 22.4 [9] - Return on Equity (ROE %): 2022A: 10.5, 2023A: 13.0, 2024E: 12.9, 2025E: 13.5, 2026E: 14.2 [9] Market Demand and Innovation - The company is experiencing strong market demand in downstream industries, capitalizing on opportunities in water network construction, small reservoir rainwater monitoring, and dam safety monitoring [5] - The company has increased its R&D investment and expanded its R&D center, enhancing its technological capabilities and product innovation [5] - The company has obtained 50 patents and continues to focus on the smart monitoring sensor field, aiming to enhance its product offerings [6]

Investment Rating - The report maintains a "Recommended" rating for the company [3][7]. Core Insights - The company has shown steady revenue growth, with a projected increase in operating income from 328.64 million yuan in 2023 to 439.65 million yuan in 2026, reflecting a compound annual growth rate (CAGR) of approximately 10.98% [2][9]. - The net profit attributable to the parent company is expected to grow from 72.66 million yuan in 2023 to 98.25 million yuan in 2026, with a notable profit growth rate of 20.01% in 2023, followed by a more moderate growth in subsequent years [2][9]. - The company is benefiting from a historical high in water conservancy investment in China, which reached 1.3529 trillion yuan in 2024, a 12.8% increase year-on-year, providing a strong foundation for future revenue growth [7]. Financial Forecast Summary - **Revenue Forecast**: - 2023: 328.64 million yuan - 2024: 356.81 million yuan (growth rate: 8.57%) - 2025: 396.14 million yuan (growth rate: 11.02%) - 2026: 439.65 million yuan (growth rate: 10.98%) [2][9] - **Net Profit Forecast**: - 2023: 72.66 million yuan - 2024: 77.08 million yuan (growth rate: 6.08%) - 2025: 86.37 million yuan (growth rate: 12.05%) - 2026: 98.25 million yuan (growth rate: 13.76%) [2][9] - **Earnings Per Share (EPS)**: - 2023: 0.52 yuan - 2024: 0.55 yuan - 2025: 0.62 yuan - 2026: 0.70 yuan [2][9] - **Price-to-Earnings (P/E) Ratio**: - 2023: 24.09 - 2024: 23.82 - 2025: 21.25 - 2026: 18.68 [2][9]

Financial Performance - The company achieved operating revenue of CNY 356.80 million, a year-on-year increase of 8.57%[4] - Net profit attributable to shareholders reached CNY 77.07 million, up 6.07% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was CNY 72.96 million, reflecting a growth of 6.94% year-on-year[4] - The net cash flow from operating activities was CNY 66.44 million, showing a significant increase of 85.71%[4] - Total assets at the end of the reporting period amounted to CNY 721.58 million, representing an 8.77% increase from the beginning of the period[5] - Shareholders' equity attributable to the company was CNY 595.21 million, a growth of 7.12% year-on-year[5] Product Development - The company introduced new products including a machine vision deformation monitoring system and underwater MCU, which received wide market recognition[7] - The company increased its R&D investment and expanded its R&D center to enhance technological capabilities and product innovation[7] Operational Efficiency - The company implemented management consulting projects to optimize organizational structure and improve operational efficiency[8] Financial Data Disclaimer - The company warns that the financial data presented are preliminary and subject to change upon final audit[9]

证券代码：830879 证券简称：基康仪器 公告编号：2024-083 基康仪器股份有限公司 关于获得水文、水资源调查评价资质证书的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、基本情况 基康仪器股份有限公司（以下简称"公司"）于近日收到中国水利水电勘测 设计协会颁发的《水文、水资源调查评价单位水平评价证书》，公司获得乙级评 价资质。 二、证书信息 单位名称：基康仪器股份有限公司 证书编号：水文证 11224005 业务范围：水文、水资源调查评价 证书等级：乙级 水文测量与分析计算:水文调查,水文测量 水文测报系统设计、实施与维护:水文测报系统设计与实施,水文测报设施运 行维护 证书有效期：至 2029 年 12 月 25 日 《水文、水资源调查评价单位水平评价证书》 特此公告。 基康仪器股份有限公司 董事会 2024 年 12 月 30 日 三、对公司的影响 本次公司获得水文、水资源调查评价乙级资质证书，提升了公司水利专业服 务能力，为公司拓展水利信息化业务提供有力支持，进一步提升了公司的 ...