我先跟大家更新一下一季度的一些情况那么一季度公司的营收是有五个多亿我们同比去年也是有一个接近10%的增长那么经营方面一季度是有4000多万 也就是这样的一个普通的例子大家可以看到在公司业务的过程中电子车总共500块它的效率实际是比较高所以最近呢公司这个利息的事情始终增长比较快那么也跟大家更新一下公司就是目前的一个整个业务的一个开展的情况那么我不知道大家怎么样科技是不是有些远处的了解我先简单介绍一下业务情况 南方科技是南方电网下属的国有公司南方电网集团在下面是有三家上市企业一个是南网能源 一个是南网储能还有我们公司南网科技也是在出售卖上市那么我们公司主要定位是电力能源领域基于人工智能的高端智能设备和高技术服务综合解决方案的提供商那么基于这样的一个定位公司的业务主要是有两大块 一个是技术服务就刚才我讲到的包括我们比较受关注的储能系统技术服务以及我们试验检测及调试技术服务那么还有一大类是我们的智能设备就是我们会给电网提供电力能源领域提供一些电气化的一些智能设备包括我们智能配用电设备智能监测设备以及机器人和无人机那么今年先跟大家更新一下我们储能系统技术服务 这个领域因为储能也是受大家关注度比较高因为去年我们储能的收入 ...

证券代码： 688248 证券简称：南网科技 公告编号：2024-013 南方电网电力科技股份有限公司 关于召开2024年一季度网上业绩说明会的公告 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。 重要内容提示： 南方电网电力科技股份有限公司（以下简称"公司"）已于2024年4月30日 发布公司2024年一季度报告，为便于广大投资者更全面深入地了解公司2024年 一季度经营成果及财务状况，公司计划于2024年5月21日下午15:00 举行业绩说 明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以音频结合文字互动的形式召开，公司将针对2024年一 季度经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披 露允许的范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2024年5月21日下午15:00 （三）会议召开方式：网络加文字互动 三、参加人员 会议召开时间： 2024年5月21日（星期一）下午 15:00 会议召开地点："进门财经"小程序及 APP ...

南方电网电力科技股份有限公司 投资者关系活动记录表 证券简称：南网科技 证券代码：688248 编号：2024-004 □特定对象调研 □分析师会议 投资者关系活 □媒体采访 □业绩说明会 动类别 □新闻发布会 □投资者交流会 □现场参观 ☑其他（策略会） 东吴证券：司鑫尧 浙商证券：陈明雨 招商证券：周翔宇 国信证券: 王蔚祺、王晓声 国寿安保基金：高志鹏、季天华、张琦 易方达基金：黄鹤林、陈思源 朱雀基金：赵士林、陈亚博 金鼎资本：朱奕承、王佳瑜 浦银安盛基金：朱胜波 参与单位名称 博时基金：谢泽林 银华基金：范国华 富国基金：武云泽 锐方基金：王俊兹 细水投资：刘伟 碧云资本：高新宇 ...

| --- | --- | --- | --- | --- | |----------------|--------|------------------------------|-------------------|-------------------------| | 地区 | 姓名 | 职务 | 办公电话 | 企业邮箱 | | | 张昱洁 | 副总经理、北京机构销售总监 | 010-63214682 | zhangyujie@hcyjs.com | | | 张菲菲 | 北京机构副总监 | 010-63214682 | zhangfeifei@hcyjs.com | | | 刘懿 | 副总监 | 010-63214682 | liuyi@hcyjs.com | | | 侯春钰 | 资深销售经理 | 010-63214682 | houchunyu@hcyjs.com | | 北京机构销售部 | 过云龙 | 高级销售经理 | 010-63214682 | guoyunlong@hcyjs.com | | | 蔡依林 | 资深销售经理 | 010-66500808 | caiyilin@hcyjs.com ...

Investment Rating - The report maintains a "Strong Buy" rating for the company [1] Core Views - The company has shown significant growth in multiple sectors, particularly in energy storage and testing services, with a notable increase in revenue and net profit for 2023 and Q1 2024 [1] - The revenue for 2023 reached 2.537 billion yuan, a year-on-year increase of 41.77%, while the net profit was 281 million yuan, up 36.71% [1] - The first quarter of 2024 saw a revenue of 505 million yuan, growing by 9.85%, and a net profit of 42 million yuan, increasing by 38.21% [1] Summary by Sections Revenue Breakdown - Energy storage system technology services generated 726 million yuan in revenue, a 123.11% increase year-on-year - Testing and commissioning services brought in 582 million yuan, up 64.73% - Smart distribution and utilization equipment achieved 442 million yuan, a 31.85% increase - Smart monitoring equipment generated 258 million yuan, a modest growth of 5.04% - Robotics and drone services saw a decline, with revenue of 275 million yuan, down 7.36% [1] Profitability Metrics - The gross margin for 2023 was 28.98%, a slight decrease of 0.68 percentage points, while the net margin was 11.19%, down 0.31 percentage points - In Q1 2024, the gross margin improved to 32.15%, an increase of 7.58 percentage points, and the net margin was 8.43%, up 1.83 percentage points [1] Business Strategy - The company is diversifying its business, focusing on core technologies in energy storage and enhancing its competitive edge in testing services - It aims to expand its market presence through digitalization and smart detection equipment development - The smart electricity business is set to deepen ecosystem construction and offer standardized product packages to clients - The robotics and drone segment will strengthen its core technologies to increase market share [1] Financial Forecast - Revenue projections for 2024-2026 are 3.879 billion yuan, 5.512 billion yuan, and 7.438 billion yuan, with growth rates of 52.9%, 42.1%, and 34.9% respectively - Expected net profits for the same period are 414 million yuan, 570 million yuan, and 763 million yuan, with growth rates of 47.4%, 37.6%, and 33.8% respectively [1]

储能盈利能力同比提升，看好公司 24 年业绩 邮编：100031 风险因素：市场竞争加剧，电网投资不及预期，原材料价格波动风险等。 P/B 12.45 5.04 5.11 4.27 3.50 请阅读最后一页免责声明及信息披露 http://www.cindasc.com 2 请阅读最后一页免责声明及信息披露 http://www.cindasc.com 3 武浩，新能源与电力设备行业首席分析师，中央财经大学金融硕士，7 年新能源行业研究经验，2020 年加 入信达证券研究所，负责电力设备新能源行业研究。2023 年获得新浪金麒麟光伏设备行业菁英分析师第 三名。研究聚焦细分行业及个股挖掘。 孙然，新能源与电力设备行业研究助理，山东大学金融硕士，2022 年加入信达证券研发中心，负责人形 机器人、工控及充电桩行业研究。 请阅读最后一页免责声明及信息披露 http://www.cindasc.com 4 免责声明 本报告是针对与信达证券签署服务协议的签约客户的专属研究产品，为该类客户进行投资决策时提供辅助和参考，双方对权利与 义务均有严格约定。本报告仅提供给上述特定客户，并不面向公众发布。信达证券不会因接收人收到本 ...

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南方电网电力科技股份有限公司关于 部分董监高及管理人员自愿增持公司股份计划 实施完成暨增持结果公告 证券代码：688248 证券简称：南网科技 公告编号： 2024-011 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、准确性和完整性依法承担法律责任。 重要内容提示： 南方电网电力科技股份有限公司（以下简称"公司"）于2023年10月27日 披露了《关于部分董监高及管理人员自愿增持公司股份计划的公告》(公告编号： 2023-034)，计划增持总金额不低于人民币440万元（含），不超过人民币880万元 （含）。截至2024年4月30日，公司部分董监高及管理人员通过上海证券交易所系 统集中竞价交易方式累计增持公司股份232,783股，累计增持金额为5,320,066.91元 ，已超过本次计划增持下限，未超本次计划增持上限。 2023年10月27日，公司披露了《关于部分董监高及管理人员自愿增持公司股 份计划的公告》（公告编号：2023-034），基于对公司未来发展的信心和对公司长 期投资价值的认可，公司部分董事、监事、高级管理人员及管理人员计划自2023 年1 ...

Financial Performance - The company's operating revenue for Q1 2024 reached ¥505,339,156.36, representing a year-on-year increase of 9.85%[7] - Net profit attributable to shareholders was ¥41,968,925.83, reflecting a significant growth of 38.21% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥40,453,597.52, up by 37.19% year-on-year[7] - Basic earnings per share increased by 40.00% to ¥0.07[7] - The net profit for Q1 2024 was CNY 42,588,053.19, an increase from CNY 30,366,322.31 in Q1 2023, representing a growth of approximately 40.2%[38] - The operating profit for Q1 2024 was CNY 45,395,597.89, compared to CNY 32,606,493.48 in Q1 2023, indicating a year-over-year increase of about 39.2%[38] - The total comprehensive income attributable to the parent company's shareholders for Q1 2024 was CNY 41,968,925.83, compared to CNY 30,366,322.31 in Q1 2023, showing an increase of approximately 38.2%[38] - The company's net profit for Q1 2024 was not explicitly stated, but the increase in R&D expenses indicates a strategic focus on innovation[54] - The net profit for Q1 2024 was approximately ¥25.58 million, a decrease from ¥31.62 million in Q1 2023, representing a decline of about 19.1%[56] Research and Development - Research and development expenses totaled ¥46,947,497.98, which is 51.11% higher than the previous year, accounting for 9.29% of operating revenue[11] - Research and development expenses in Q1 2024 amounted to ¥46,947,497.98, a significant increase of 51.1% from ¥31,067,676.50 in Q1 2023[30] - Research and development expenses increased to ¥44,271,608.03 in Q1 2024, up 44.7% from ¥30,610,314.10 in Q1 2023[54] - The company plans to continue increasing its R&D investment to enhance its competitive edge in the market[15] - The company is focusing on market expansion and new product development, as indicated by the significant increase in R&D expenses[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,442,498,071.94, a decrease of 3.80% from the end of the previous year[11] - As of March 31, 2024, the total current assets amounted to approximately RMB 3.82 billion, a decrease from RMB 3.98 billion as of December 31, 2023, representing a decline of about 4.0%[25] - The total assets decreased to ¥4,442,498,071.94 in Q1 2024 from ¥4,618,181,027.76 in Q1 2023, indicating a decline of approximately 3.8%[28] - The company's long-term equity investments stood at approximately RMB 67.58 million as of March 31, 2024, slightly down from RMB 68.59 million at the end of 2023[25] - Total liabilities decreased to ¥1,578,960,575.30 in Q1 2024 from ¥1,797,231,584.31 in Q1 2023, a reduction of about 12.2%[28] - Current liabilities totaled ¥1,303,361,081.88 in Q1 2024, a decrease of 12.4% from ¥1,487,897,826.07 in Q4 2023[52] Cash Flow - Cash inflow from operating activities for Q1 2024 totaled CNY 510,383,072.59, compared to CNY 306,793,978.04 in Q1 2023, marking a rise of approximately 66.3%[42] - Cash outflow from operating activities increased to CNY 747,462,099.14 in Q1 2024 from CNY 522,917,281.67 in Q1 2023, representing a growth of about 42.9%[45] - The net cash flow from operating activities for Q1 2024 was negative CNY 237,079,026.55, compared to negative CNY 216,123,303.63 in Q1 2023[45] - The total operating cash inflow for Q1 2024 was approximately ¥439.15 million, compared to ¥301.99 million in Q1 2023, indicating a growth of about 45.5%[60] - The company reported a total operating cash outflow of approximately ¥653.93 million in Q1 2024, an increase from ¥518.33 million in Q1 2023[60] Shareholder Information - The company reported a total of 13,924 shareholders at the end of the reporting period[19] - The top ten shareholders include state-owned enterprises, with the largest shareholder holding 43.06% of the shares[19] - The company plans to increase its A-share public stock holdings by management personnel, with a total investment amount between RMB 4.4 million and RMB 8.8 million[22] - As of the report date, management personnel have cumulatively increased their holdings by 221,533 shares, accounting for 0.0392% of the total share capital, with an investment amount reaching RMB 4.995 million[22] - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending activities[21]

&& 1,549 法 营 1,421 1,200 1,920 -38 YoY - 1721 2% -25 f% 21.4% 49.7% -0.3% 36.0% 25.0% -2 1% 38.1% DCF 分析 自由民金太郎组 6,533 899 are 負債率 降值 23,473 36.0% 终值在绿植 10,575 1.30 p 企业价值 16,428 咒风险利率 2.7% 净现金(饮债)、少数股东权益 2,371 风险盗价 7.0% 収益封值 18,810 ପ୍ରିୟା 11.8% 部副部份) (rmb) 33.31 優質成本 安安 使帆成本(脱后) WACQ 9.3% 永续增长率 1.0% | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|--------------------------|--------------------------------------|--------|----------------------|---------------|------------------------| ...