证券代码：601311 证券简称：骆驼股份 骆驼集团股份有限公司 投资者调研沟通活动纪要（2024 年 11 月） | --- | --- | --- | --- | --- | |----------|---------------------------|----------|-------------------|------------------------------------------------------| | | | | | | | | R 特定对象调研 | R | 分析师/投资者会议 | | | | □ 媒体采访 □ 业绩说明会 | | | | | 活动类型 | □ 新闻发布会 R | 路演活动 | | | | | □ 现场参观 □其他 | | | | | 主要参与 | | | | 国信证券、海通证券、开源证券、鹏华基金、光证资管、泰 | | 单位名称 | 康资产、安信资管、 | | Golden Nest | 等 | | 地点 | 公司会议室、策略会会场等 | | | | | 公司主要 | | | | | | 接待人员 | 董事会秘书等 | | | | 主要交流问题： 1、公司今年 ...

证券时报e公司讯，企查查APP显示，近日，绿水新能（湖北省）能源管理有限公司成立，法定代表人 为杨诗军，经营范围包含：新兴能源技术研发；电池销售；蓄电池租赁；充电桩销售；电池零配件销售 等。 企查查股权穿透显示，该公司由骆驼股份全资子公司骆驼能源科技有限公司等共同持股。 ...

[Table_MainInfo] 公司研究/汽车与零配件/汽车零配件 证券研究报告 骆驼股份（601311）公司季报点评 2024 年 11 月 06 日 请务必阅读正文之后的信息披露和法律声明 [Table_InvestInfo] 投资评级 优于大市 维持 | --- | --- | |-----------------------------------------------------------|-------------| | 股票数据 | | | 11 [ Table_StockInfo 月 05 日收盘价（元） ] | 8.75 | | 52 周股价波动（元） | 6.06-9.63 | | 总股本 / 流通 A 股（百万股） | 1173/1173 | | 总市值 / 流通市值（百万元） | 10265/10265 | | 相关研究 | | | [Table_ReportInfo] 《低压电池领先，价值与成长机遇并存》 | | | 2024.05.19 | | 市场表现 [Table_QuoteInfo] -24.64% -16.64% -8.64% -0.64% 7.36% 15.36% ...

证券代码：601311 证券简称：骆驼股份 公告编号：临 2024-043 骆驼集团股份有限公司 | 股东名称 | 湖北驼峰投资有限公司 | | --- | --- | | 质押权人 | 海通证券股份有限公司 | | 本次解除质押股份数量 | 14,000,000 股 | | 占其所持股份比例 | 9.31% | | 占公司总股本比例 | 1.19% | | 解除质押时间 | 2024 年 10 月 31 日 | 一、本次股份质押解除的基本情况 | 持股数量 | 150,382,009 股 | | --- | --- | | 持股比例 | 12.82% | | 剩余被质押股份数量 | 56,700,000 股 | | 剩余被质押股份数量占其所持股份比例 | 37.70% | | 剩余被质押股份数量占公司总股本比例 | 4.83% | 二、控股股东及其一致行动人股份累计质押情况 本次解除质押后，上述股东及其一致行动人累计质押股份情况如下： 关于公司股东部分股份解除质押的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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责任。 ...

投资者调研沟通活动纪要（2024 年 9-10 月） 证券代码：601311 证券简称：骆驼股份 | --- | --- | --- | |----------|--------------------------|------------------------------------------------------| | | | | | | R 特定对象调研 R | 分析师/投资者会议 | | | □ 媒体采访 R | 业绩说明会 | | 活动类型 | □ 新闻发布会 | R 路演活动 | | | □ 现场参观 □其他 | | | | 2024 | 年第三季度业绩说明会； | | | | 国信证券、中泰证券、开源证券、财通证券、鹏华基金、中 | | | | 欧基金、大成基金、中意资产、景林资产、中信保诚资产、 | | 主要参与 | | 国金基金、工银瑞信基金、鹏扬基金、创金合信基金、中科 | | 单位名称 | | 沃土基金、国联基金、上海国际信托、 Elephas | | | Investment | 、上海迈维资产、北京鸿道投资、上海勤辰私 | | | | 募基金、北京泓澄投资、上海瞰道资产、无锡汇 ...

骆驼股份（601311.SH） 电池 证券研究报告/公司点评报告 2024 年 10 月 29 日 24Q3 归母净利润高增长，铅酸电池龙头地位稳固 | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------|----------------------------------------------------------------|---------------------------------------------------------------------------------------------- ...

Investment Rating - The investment rating for the company is maintained as "Buy" [1] Core Insights - The company has achieved stable revenue growth, with a year-on-year increase of 9.9% in the first three quarters of 2024, reaching a total revenue of 11.333 billion yuan [4] - The net profit attributable to shareholders for the same period is 487 million yuan, reflecting a year-on-year growth of 21.6% [4] - The company continues to expand its international presence, having successfully passed key certifications for its AGM battery products, enabling it to supply major automotive manufacturers like BMW and Volkswagen [6] Financial Performance Summary - For Q3 2024, the company reported revenue of 3.806 billion yuan, a slight year-on-year increase of 0.68% but a quarter-on-quarter decrease of 6.5% [4] - The net profit for Q3 2024 was 174 million yuan, showing a significant year-on-year increase of 44.25% and a quarter-on-quarter increase of 10% [4] - The gross margin and net margin for Q3 were 13.4% and 4.6%, respectively, with the net margin showing a year-on-year increase of 1.4 percentage points [7] Earnings Forecast - The company is expected to achieve net profits of 804 million yuan, 1.09 billion yuan, and 1.405 billion yuan for the years 2024, 2025, and 2026, respectively [4] - Corresponding price-to-earnings ratios for these years are projected to be 12.5, 9.2, and 7.2 times [4] Market Position and Strategy - The company is focusing on strict cost control, which has contributed to the recovery of its net profit margin in Q3 [7] - The international business is expected to continue contributing to revenue growth, with successful product development for major global automotive brands [6]

证券研究报告 | 2024年10月25日 骆驼股份（601311.SH） 优于大市 三季度净利润同比增长 44%，盈利能力同环比提升 海外与国内业务持续推进，2024 年单三季度归母净利润同比增长 44%。24Q3 骆驼股份营收 38.1 亿元，同比+0.7%，环比-6.5%，归母净利润 1.74 亿元， 同比+44.3%，环比+10.0%，扣非净利润 1.40 亿元，同比+0.02%，环比-19.78%； 24Q1-3 骆驼股份营收 113.33 亿元，同比+9.9%，归母净利润 4.87 亿元，同 比+21.6%，扣非净利润 4.82 亿元，同比+25.4%。整体来看，公司业绩的增 长得益于核心产品汽车低压铅酸电池销量的增加，公司深耕国内主机配套及 替换市场销量同比+11%，市场份额持续稳步提升，持续夯实国内领先地位； 另外公司持续布局海外产能、加大渠道建设，整体出口业务同样贡献增量。 费用管控稳定，盈利能力同环提升。费用层面，24Q3 骆驼股份销售/管理/ 研发费用率分别为 4.3%/2.9%/1.9%，同比分别-0.2/-0.2/+0.1pct，环比分 别-0.1/+0.2/+0.1pct，整体费用管 ...

第九届董事会第十八次会议决议公告 本公司及董事会全体成员保证本公告内容不存在任何虚假记载、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法律责任。 证券代码：601311 证券简称：骆驼股份 公告编号：临2024-040 骆驼集团股份有限公司 一、董事会会议召开情况 （一）本次董事会会议的召开和表决符合《公司法》及《公司章程》的有关 规定，会议决议合法有效。 （二）本次董事会会议通知于 2024 年 10 月 18 日以 OA 办公软件、微信等形 式送达全体董事。 （三）本次董事会于 2024 年 10 月 24 日以现场加通讯方式召开。 （四）本次董事会应参加会议董事 9 人，实际参会 9 人。 （五）本次董事会由董事长刘长来先生主持，公司部分高级管理人员列席了 本次董事会。 二、董事会会议审议情况 （一）审议通过《关于骆驼集团股份有限公司2024年第三季度报告的议案》 详见公司在上海证券交易所网站（www.sse.com.cn）披露的《骆驼股份2024 年第三季度报告》。 本议案已经董事会审计委员会审议，经董事会审计委员会全体委员一致同 意后提交董事会审议。 （二）审议通过《关于修订<骆 ...

Financial Performance - The company's operating revenue for Q3 2024 was approximately CNY 11.33 billion, representing a year-on-year increase of 0.68%[2] - Net profit attributable to shareholders for the same period was approximately CNY 487.47 million, reflecting a significant increase of 44.25% year-on-year[2] - Basic earnings per share for Q3 2024 were CNY 0.42, up by 44.25% compared to the same period last year[3] - The company reported a year-to-date net profit of approximately CNY 487.47 million, which is a 21.62% increase compared to the same period last year[2] - The net profit for Q3 2024 reached CNY 506.70 million, an increase of 26.2% compared to CNY 401.39 million in Q3 2023[14] - The total profit for Q3 2024 was CNY 538.78 million, compared to CNY 459.90 million in Q3 2023, reflecting an increase of 17.1%[14] - The total comprehensive income for Q3 2024 was CNY 510.81 million, compared to CNY 398.20 million in Q3 2023, indicating a growth of 28.2%[15] Assets and Liabilities - The total assets at the end of the reporting period amounted to approximately CNY 14.96 billion, an increase of 6.74% from the end of the previous year[3] - The total liabilities increased to ¥5,345,383,005.68 in the third quarter of 2024, compared to ¥4,597,905,158.25 in the same period of 2023, marking a rise of 16.19%[12] - The company's total equity reached ¥9,615,510,312.44, up from ¥9,418,048,589.50 in the previous year, reflecting a growth of 2.09%[12] Cash Flow - The net cash flow from operating activities for the period was CNY 2.84 million, a drastic decrease of 97.81% year-on-year[6] - The cash flow from operating activities for the first nine months of 2024 was CNY 2.84 million, a significant decrease from CNY 129.74 million in the same period of 2023[16] - The company reported a net cash outflow from investing activities of CNY 115.68 million in Q3 2024, an improvement from a net outflow of CNY 340.32 million in Q3 2023[16] - The company's cash inflow from investment activities for the first nine months of 2024 was CNY 997.19 million, compared to CNY 518.19 million in the same period of 2023, showing a growth of 92.5%[16] - As of September 30, 2024, the company's cash and cash equivalents amounted to approximately RMB 1.67 billion, an increase of 7% from RMB 1.56 billion at the end of 2023[10] - The cash and cash equivalents at the end of Q3 2024 amounted to CNY 1.54 billion, an increase from CNY 1.23 billion at the end of Q3 2023[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,076, with the largest shareholder holding 17.80% of the shares[8] - The total number of shares held by the top ten shareholders accounted for 38.27% of the total shares[8] - The company has a major shareholder, Hubei Tuofeng Investment Co., Ltd., which holds 12.82% of the shares and is controlled by the actual controller, Sun Jie[8] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[9] Operational Costs and Expenses - Total operating costs for the first three quarters of 2024 were ¥11,091,723,970.87, up from ¥10,238,463,166.73 in 2023, reflecting a year-on-year increase of 8.36%[13] - Research and development expenses for the first three quarters of 2024 amounted to ¥212,272,365.94, compared to ¥184,799,381.20 in 2023, indicating a growth of 14.83%[13] Investment and Market Performance - The company attributed the increase in net profit to a reduction in period expenses and fluctuations in the capital market affecting the fair value of certain equity investments[6] - The company reported a net loss from investments of ¥6,576,769.47 for the first three quarters of 2024, compared to a loss of ¥623,578.20 in the same period of 2023[13] - The company's financial assets held for trading decreased to approximately RMB 195.42 million, down from RMB 326.23 million at the end of 2023, indicating a decline of 40%[10] Other Information - Non-recurring gains and losses for the period totaled approximately CNY 33.81 million[5] - The company experienced a 25.41% increase in net profit after deducting non-recurring gains and losses, totaling approximately CNY 482.16 million[2] - The weighted average return on equity increased by 0.49 percentage points to 5.16%[3] - The company has not disclosed any significant new strategies or product developments during the reporting period[10]