证券时报网讯，Wind统计显示，10月31日有1869只个股获融资净买入，净买入金额在5000万元以上的 有115股。 其中，16股获融资净买入额超2亿元。 东方财富获融资净买入额居首，净买入9.18亿元；融资净买入金额居前的还有东山精密、中信证券、江 淮汽车、同花顺、京东方A、浪潮信息、爱施德、中国船舶，净买入额分别为5.97亿元、4.26亿元、4.25 亿元、3.11亿元、2.92亿元、2.86亿元、2.67亿元、2.67亿元。 校对：祝甜婷 ...

那么生意结构来看主要得益于我们软板触控显示和经济制造的一个增长那么软板主要得益于客户非手机业务的恢复增长和软板竞争格局进一步集中那么触控显示得益于我们下游的手机和笔电的需求处理力复苏 那么经济制造就得益于我们整个新能源业务的增长不仅仅是我们北美客户的新增量号还有就是我们国内的新势力的客户业务的放量那么前三季度实现归属于上市公司股东的净润是10.7亿同比减少的是19.91而归属于上市公司股东扣非的净润是10.08亿 只下滑了2.72%那么前三季度整体增收减异那么主要的原因是第一个就是汇率对于毛利率还是有一定的影响但是整个综合的毛利率只下滑了0.3个百分点至13.7%所以毛利率对于纪律论的影响还是有限的主要是我们的期间费用增加比较多那么主要是第一个就是今年我们的基地整合和人员的裁减导致我们管理费用有一定增加 预计全年会在有两个亿左右那么第二个就是我们新建基地包括新项目的投放导致今年前三季度的研发投入同比增加了两个亿比如说像我们新项目摩托管包括S载管它整个推进是一直低于预期的导致它的投入转化是比较低的所以前期这些都是体现在费用端那么第三个就是我们财务费用同比也增加了大概5000万左右 那么第二块就是我们非经常性的损 ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - Despite short-term impacts from exchange rate fluctuations and price reductions in older products, the launch of new models is expected to gradually enhance performance [2] - The smartphone market recovery, coupled with the development of AI phones, is anticipated to drive both volume and price increases for Flexible Printed Circuits (FPC) [3] - The release of production capacity in the electric vehicle sector is likely to become a new profit growth driver for the company [4] - The company is projected to experience significant growth in its PCB business driven by major clients, with adjusted net profit forecasts for 2024 and 2025 being lowered due to short-term challenges [4] Financial Performance Summary - In the first three quarters, the company achieved revenue of 26.47 billion yuan, a year-on-year increase of 18%, and a net profit attributable to shareholders of 1.07 billion yuan, up 20% year-on-year [2] - For Q3 alone, revenue reached 9.84 billion yuan, reflecting an 11% year-on-year increase and an 11% quarter-on-quarter increase, while net profit was 510 million yuan, down 0.3% year-on-year but up 87% quarter-on-quarter [2] - The company's revenue forecast for 2024 is set at 34.53 billion yuan, with a projected net profit of 1.73 billion yuan [1][4] Market Position and Future Outlook - The company has become a key supplier of system boards for major North American clients, which is expected to enhance its revenue per unit as new materials are introduced [3] - The electric vehicle business is projected to generate revenue of 6.4 billion yuan in 2023, a year-on-year increase of 168%, with further growth anticipated as the penetration rate of electric vehicles accelerates [4] - The report anticipates that the company's net profit will reach 3.5 billion yuan by 2026, supported by growth in soft board business and demand from AI in the consumer electronics supply chain [4]

Investment Rating - The report maintains a "Buy-A" rating for the company Dongshan Precision (002384.SZ) [1][3] Core Views - The company benefits from steady growth in consumer electronics driven by AI and accelerated advancements in the new energy sector [1] - The third-quarter revenue showed a slight year-on-year increase, with a notable growth in the FPC (Flexible Printed Circuit) business due to new product launches from major clients [3] - The new energy business reported approximately 6.16 billion in revenue for the first three quarters, reflecting a year-on-year growth of about 36.89% [3] Financial Performance - For the first three quarters of 2024, the company reported revenue of 26.466 billion, a year-on-year increase of 17.62%, while the net profit attributable to the parent company was 1.067 billion, down 19.91% year-on-year [1] - In Q3 2024, revenue reached 9.838 billion, up 11.37% year-on-year and 10.74% quarter-on-quarter, with a net profit of 507 million, showing a slight decrease of 0.27% year-on-year but a significant increase of 86.82% quarter-on-quarter [1] - The projected revenues for 2024-2026 are 36.621 billion, 43.347 billion, and 51.977 billion respectively, with net profits expected to be 1.792 billion, 2.782 billion, and 3.766 billion [3] Market Data - As of October 30, 2024, the closing price of the stock was 28.70 yuan, with a market capitalization of 48.96 billion [2] - The company has a diluted earnings per share (EPS) of 0.62 yuan and a net asset return rate (ROE) of 5.66% [2] Business Segments - The FPC business is expected to maintain high growth due to the increasing adoption of AI features in smartphones, with 2025 anticipated to be a pivotal year for AI integration in mobile devices [3] - The new energy segment is diversifying its product applications in electric vehicles, with expectations for continued revenue growth driven by new product introductions and client production recovery [3]

证券代码：002384 证券简称：东山精密 公告编号：2024-089 苏州东山精密制造股份有限公司 关于股票交易异常波动的公告 公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 一、股票交易异常波动情况 苏州东山精密制造股份有限公司（以下简称"公司"）股票（证券简称：东 山精密，证券代码：002384）连续 3 个交易日（2024 年 10 月 29 日、10 月 30 日、10 月 31 日）收盘价格涨幅偏离值累计超过 20%，根据《深圳证券交易所交 易规则》的相关规定，属于股票交易异常波动的情况。 二、公司关注、核实的相关情况 针对公司股票异常波动情况，公司董事会依照规定开展自查，并对公司及公 司控股股东就相关事项进行核查，现将有关情况说明如下： 三、关于不存在应披露而未披露信息的声明 公司董事会确认，除已披露信息外，公司目前没有任何根据《深圳证券交易 所股票上市规则》等有关规定应予以披露而未披露的事项；董事会也未获悉公司 有根据《深圳证券交易所股票上市规则》等有关规定应予以披露而未披露的、对 公司股票及其衍生品种交易价格产生较大影响的信息。截至目前，公司前 ...

证券代码：002384 证券简称：东山精密 公告编号：2024-088 苏州东山精密制造股份有限公司 关于参加苏州上市公司投资者集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，苏州东山精密制造股份有限公司（以下 简称"公司"）将参加"苏州上市公司投资者集体接待日"活动，现将相关事项 公告如下： 出席本次投资者集体接待日活动的人员有：公司董事、副总经理、董事会秘 书冒小燕女士。本次活动将采用网络远程的方式举行，投资者可登录"全景路演 (http:/hrs.p5w.net)"，或关注微信公众号：全景财经，或下载全景路演 APP， 参与本次互动交流，活动时间为 2024 年 11 月 6 日（星期三）15:30-17:00。 届时公司高管将在线就公司治理、发展战略、经营状况等投资者关心的问题， 与投资者进行沟通与交流，欢迎广大投资者踊跃参与! 特此公告。 苏州东山精密制造股份有限公司董事会 2024 年 10 月 31 日 ...

Investment Rating - The report maintains a "Recommended" rating for the company [1]. Core Insights - The company reported a revenue of 26.466 billion yuan for the first three quarters of 2024, representing a year-on-year growth of 17.62%. However, the net profit attributable to shareholders decreased by 19.91% to 1.067 billion yuan [1]. - In Q3 2024, the company achieved a revenue of 9.838 billion yuan, with a year-on-year growth of 11.37% and a quarter-on-quarter growth of 10.74%. The gross margin improved by 2.65 percentage points to 14.65% [1]. - The company's net profit margin increased by 2.12 percentage points to 5.16% in Q3, with a net profit of 507 million yuan, showing a quarter-on-quarter growth of 86.82% [1]. - The AI sector is expected to drive a new growth phase for smartphones, which will benefit the company's FPC (Flexible Printed Circuit) business [1]. - The company's revenue from the new energy sector reached 6.160 billion yuan, accounting for 23.28% of total revenue, with a year-on-year growth of 36.89% [1]. - The company is projected to achieve revenues of 37.826 billion yuan, 43.621 billion yuan, and 51.062 billion yuan for 2024, 2025, and 2026 respectively, with year-on-year growth rates of 12%, 15%, and 17% [1]. Financial Summary - For 2023, the company reported a revenue of 33.651 billion yuan, with a projected revenue of 37.826 billion yuan for 2024, reflecting a growth rate of 12.41% [5]. - The net profit attributable to shareholders is expected to decrease to 1.618 billion yuan in 2024, with a profit growth rate of -17.63% [10]. - The projected EPS for 2024 is 0.95 yuan, with a corresponding PE ratio of 23.50 [5][10].

基本状况 东山精密（002384.SZ） 元件 证券研究报告/公司点评报告 2024 年 10 月 29 日 东山精密：三季度业绩稳健，AI+新能源业务驱动后续成长 | --- | --- | --- | --- | --- | --- | --- | |--------------------------------|---------------------------|-------------|--------|------------------------------------------|--------|--------| | 评级： 买入（维持） | 公司盈利预测及估值 \n指标 | \n2022A | 2023A | 2024E | 2025E | 2026E | | | 营业收入（百万元） | 31,580 | 33,651 | 37,752 | 42,107 | 48,428 | | 分析师：王芳 | 增长率 yoy% | -1% | 7% | 12% | 12% | 15% | | 执业证书编号： S0740521120002 | 归母净利润（百万元） | 2,368 | 1,96 ...

证 券 研 究 报 告 东山精密（002384）2024 年三季报点评 强推（维持） 业绩符合预期，AI 终端创新有望开启一轮新 周期 事项： 公司 2024 年前三季度营收 264.66 亿元（YoY +17.62%），归母净利润 10.67 亿元（YoY -19.91%），扣非归母净利润 10.08 亿元（YoY –2.72%）；24Q3 收入 98.38 亿元（YoY +11.37%，QoQ +10.74%），归母净利润 5.07 亿元（YoY -0.27%， QoQ +86.82%），扣非归母净利润 4.92 亿（YoY +7.28%，QoQ +93.32%）。 评论： 业绩基本符合预期，有望触底反弹。公司 24Q3 营收同比+11.37%，毛利率同 比基本持平，盈利能力相对稳健。费用端来看，公司加大了研发和销售投入， 财务费用受汇兑损失影响而有所提高，导致期间费用率同比+0.21pcts。Q3 剔 除汇兑损失影响来看，公司经营性利润依然稳健，传统业务中 LED 等收入毛 利承压，但收入占比持续下降，伴随公司加强两化融合推进业务整合，传统业 务亏损拖累有望逐渐减轻，战略上公司积极推进大客户战略，深度拥 ...

Investment Rating - Maintains a "Buy" rating [6][7] Core Views - Short-term performance impacted by increased expenses, but long-term growth trend remains intact [1][4] - Revenue for the first three quarters of 2024 reached 26.466 billion yuan, up 17.62% YoY, while net profit attributable to shareholders was 1.067 billion yuan, down 19.91% YoY [1][4] - In Q3 2024, revenue was 9.838 billion yuan, up 11.37% YoY and 10.74% QoQ, with net profit attributable to shareholders at 507 million yuan, down 0.27% YoY but up 86.82% QoQ [1][4] - Gross margin for the first three quarters of 2024 was 13.65%, down 0.32pct YoY, while net margin was 4.03%, down 1.89pct YoY [4] - Exchange rate fluctuations led to a foreign exchange loss of 95 million yuan in Q3, negatively impacting profitability [4] - R&D expenses for the first three quarters of 2024 reached 955 million yuan, up 26.99% YoY, with Q3 R&D expenses at 332 million yuan, up 12.93% YoY [4] Strategic Focus - The company adheres to a dual-drive strategy, focusing on consumer electronics and new energy industries, optimizing its product structure through both external acquisitions and internal development [5] - Non-core businesses, such as LED, are being adjusted to improve profitability through cost reduction and efficiency enhancement [5] Future Outlook - PCB business remains stable, while new energy business is expected to become a second growth driver, especially with enhanced cooperation with Tesla [6] - Photoelectric display business is projected to see significant recovery by 2025 [6] - 2025 is expected to be a landmark year for Apple's AI phone innovation, presenting historical opportunities for the supply chain [6] - Forecasted net profit attributable to shareholders for 2024-2026 is 1.93 billion yuan, 3.516 billion yuan, and 4.721 billion yuan, respectively, with corresponding PE ratios of 23.07x, 12.66x, and 9.43x [6] Financial Performance - Current stock price is 26.10 yuan, with a total market capitalization of 170.591 million shares [7] - EPS for 2024-2026 is projected to be 1.13 yuan, 2.06 yuan, and 2.77 yuan, respectively [10] - ROE for 2024-2026 is expected to be 9.8%, 15.7%, and 18.1%, respectively [10]