Core Viewpoint - Anker Innovations reported strong financial performance for 2024, with significant revenue and profit growth despite challenges in the consumer electronics industry [1][2]. Group 1: Financial Performance - The company achieved a total revenue of 24.71 billion yuan in 2024, representing a year-on-year increase of 41.14%, and a net profit of 2.11 billion yuan, up 30.93% [1]. - In Q1 2025, Anker Innovations reported revenue of 5.99 billion yuan, a 36.91% increase year-on-year, and a net profit of 496 million yuan, growing by 59.57% [1]. Group 2: Business Segments - The charging and energy storage products, primarily under the Anker brand, generated 12.67 billion yuan in revenue, a substantial increase of 47.23%, accounting for 51.26% of total revenue [2]. - Smart innovation products, including eufy smart home devices and AnkerMake 3D printers, contributed 6.64 billion yuan, growing by 39.53% and representing 25.64% of total revenue [2]. - The audio products segment, including soundcore wireless headphones and Nebula projectors, achieved revenue of 5.69 billion yuan, a 32.84% increase, making up 23.04% of total revenue [2]. Group 3: Sales Channels - Amazon remains the primary revenue channel for Anker Innovations, contributing 13.42 billion yuan in 2024, a 34.23% increase, and accounting for 54.30% of total revenue [3]. - Other third-party platforms generated 1.68 billion yuan, up 57.33%, while six independent sites collectively achieved 2.50 billion yuan, a remarkable growth of 101.34% [3]. Group 4: Strategic Initiatives - Anker Innovations is focusing on expanding its business into energy storage, robotics, and AI, moving beyond its initial identity as a charging device company [4]. - The company has made significant investments in R&D, with expenditures reaching 2.11 billion yuan in 2024, a 49.13% increase, and the R&D team expanding to 2,672 members [2][4]. - Anker Innovations has also led investments in a robotics startup, indicating a strategic shift towards emerging technologies [4]. Group 5: Future Outlook - The energy storage business achieved revenue of 3.02 billion yuan in 2024, marking a remarkable growth of 184.00% [5]. - The company is still in the early stages of its journey into embodied intelligence and AI, with ongoing adjustments in its business lines [5].

点击招商研究小程序查看PDF报告原文 事件：公司公告24年报及25年一季报。结合公司近况，我们点评如下： 三大品类齐发力+渠道拓展顺利，驱动24年业绩延续高增长趋势。 24年营收247.1亿同比+41.1%， 归母净利21.1亿同比+30.9%，扣非归母18.9亿同比+40.5%，毛利率43.7%同比+0.1pct，净利率8.9% 同比-0.7pct，扣非净利率7.6%同比-0.03pct。24年业绩延续高增趋势，主要受益于充电储能、智能 创新、智能影音三大业务齐发力，以及海内外、线下线上渠道的多元化发展。 24年业务结构：①分业务： 1）充电储能：收入126.7亿同比+47.2%，毛利率41.5%同比-0.8pct，收 入增速提速，主因小充延续高速发展的同时，储能品牌市场份额持续显著提升，带动储能业务全年 营收达30.2亿元，同比增长184%。2）智能创新：收入63.4亿同比+39.5%，毛利率46.5%同 比-0.02pct，收入高增主要受益于安防和清洁产品增长推动。3）智能影音：收入56.9亿同比 +32.8%，毛利率45.4%同比+1.9pcts，主要系智能音频产品带动增长。 ②分渠道： 线上收入17 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [3] Core Insights - The company continues to show high growth trends in 2024 and Q1 2025, driven by three main business lines: charging and energy storage, smart innovation, and smart audio-visual products [7][8] - The company is expected to maintain its long-term value despite short-term tariff disruptions, focusing on product innovation, brand building, and a flexible global supply chain [7][8] Financial Performance - In 2024, the company reported revenue of 24.71 billion, a year-on-year increase of 41.1%, and a net profit of 2.11 billion, up 30.9% year-on-year [7][8] - For Q1 2025, revenue reached 5.99 billion, reflecting a year-on-year growth of 36.9% [7] - The company’s revenue is projected to grow to 31.43 billion in 2025, with a net profit of 2.51 billion, corresponding to a PE ratio of 18.8 [8][14] Business Segments - The revenue breakdown for 2024 shows: - Charging and energy storage: 12.67 billion, up 47.2% year-on-year - Smart innovation: 6.34 billion, up 39.5% year-on-year - Smart audio-visual: 5.69 billion, up 32.8% year-on-year [7] - Online sales accounted for 17.6 billion, a 43.0% increase year-on-year, while offline sales reached 7.11 billion, up 36.7% year-on-year [7] Market Outlook - The company is expected to expand its market presence in Europe, Southeast Asia, Australia, Latin America, and China, mitigating the impact of tariffs through proactive inventory management [7][8] - The forecast for 2025-2027 indicates continued revenue growth, with estimates of 31.43 billion, 40.30 billion, and 50.61 billion respectively [8][14]

以下文章来源于36氪出海 ，作者36氪出海 36氪出海 . 36氪出海（letschuhai.com）是关注出海的行业媒体，为企业跨境提供海外咨询及专业服务，同时运营着超万人的出海生态社群。 来源｜ 36氪出海（ID：wow36krchuhai） 封面来源 ｜ Unsplash 活动｜京洽会报名即将截止：紧握海外资源，与中东、东南亚、拉美、欧洲代表面对面 2025年5月8-9日，北京市贸促会、北京国际商会将在国家会议中心二期举办2025北京国际投资贸易洽谈会（简称"京洽会"）。活 动以"共商、共享、共赢"为主题，通过主题演讲、专题推介、圆桌对话、洽谈对接等形式，提供海内外政企之间、企业之间的资 源交流与深度合作平台，助力中国企业开拓海外市场。欢迎您扫描下方二维码，填写表单，报名参加本次活动。活动报名将于 2025年5月5日截止。 霸王茶姬美国首家门店开业 石头科技Q1营收增长86%，海外产能正在爬坡 优步同Momenta合作，明年年初在欧洲部署机器人出租车 值得买：今年计划消费内容和营销服务同步出海 2024年中阿贸易额突破4000亿美元 美国正式终止对中国小额包裹免税政策 因时机器人完成近亿元B3轮融资 霸 ...

2025年5月8-9日，北京市贸促会、北京国际商会将在国家会议中心二期举办2025北京国际投资贸易洽谈会（简称"京洽会"）。活动以"共商、共享、共赢"为 主题，通过主题演讲、专题推介、圆桌对话、洽谈对接等形式，提供海内外政企之间、企业之间的资源交流与深度合作平台，助力中国企业开拓海外市场。 欢迎您点击"此处"或扫描下方二维码，填写表单，报名参加本次活动。活动报名将于2025年5月5日截止。 访问36氪出海网站 letschuhai.com ，获取更多全球商业相关资讯。 头条大事 活动｜京洽会报名即将截止：紧握海外资源，与中东、东南亚、拉美、欧洲代表面对面 公司动态 霸王茶姬美国首家门店开业，前麦当劳国际 CMO 加入高管团队 36氪出海获悉，4月26日，霸王茶姬在洛杉矶 Westfield Century City 购物中心的旗舰店开始试营业，目前对受邀请的 KOL 和 KOC 开放，5月9日正式营业。 此前，这家公司刚刚在纳斯达克上市，成为第一家在美国上市的新式茶饮企业。日前，曾在麦当劳工作近16年的前国际 CMO Eugene Lee 宣布加入霸王茶 姬，担任亚太地区副总裁兼首席营销官。 石头科技一季度营 ...

随着美国所谓"对等关税"政策再现波动，全球资金再度聚焦产业链韧性与出口型企业的应对策略。 券商中国记者注意到，贝莱德、淡马锡、红杉资本、中欧基金、中金公司、花旗等海内外头部机构，近期出现 在立讯精密、安克创新、水晶光电等电子元件企业的调研名单中。 面对美国所谓"对等关税"政策的不确定性，机构投资者的关注重点集中于企业的应对策略。多家公司表示，尽 管外部环境持续扰动，但真正决定企业能否穿越周期的，仍是其核心竞争力与全球化运营能力。 贝莱德、淡马锡等调研立讯精密 日前，立讯精密举办的投资者调研会议吸引了超过500家机构参与，涵盖贝莱德、南方基金、摩根士丹利、红 杉资本、交通银行、淡马锡、高毅资产、招商银行等众多头部机构。 作为精密制造领域的领军企业，立讯精密长期专注于消费电子、汽车和通信等行业。公司产品覆盖消费电子、 汽车、通信、工业及医疗等多个领域，为客户提供一站式、多品类的核心零部件、模组及系统级产品解决方 案。 在调研会议上，有投资者提问，越南目前面临的美国所谓"对等关税"政策是加征较高关税，公司如何考虑新安 排？对此，立讯精密回应称，消费电子很多产能在越南制造有非常高的性价比，这个价值更多体现在品牌客户 ...

安克创新（ [Table_StockNameRptType] 300866） 公司点评 关注股价回调下公司对非美市场挖掘 ——安克创新 24A&25Q1 点评 | 投资评级：买入（维持） [Table_Rank] | | | --- | --- | | 报告日期： 2025-05-02 | | | [Table_BaseData] 收盘价（元） | 88.84 | | 近 12 个月最高/最低（元） 121.53/50.21 | | | 总股本（百万股） | 531 | | 流通股本（百万股） | 296 | | 流通股比例（%） | 55.78 | | 总市值（亿元） | 472 | | 流通市值（亿元） | 263 | [公司价格与沪深 Table_Chart] 300 走势比较 -33% -2% 30% 61% 92% 5/24 8/24 11/24 2/25 安克创新 沪深300 [Table_Author] 分析师：邓欣 执业证书号：S0010524010001 邮箱：dengxin@hazq.com 联系人：唐楚彦 执业证书号：S0010124070002 邮箱：tangchuyan@hazq.c ...

近日，安克创新（股票代码：300866）发布2024年度业绩报告。报告显示，公司全年实现营业收入 247.1亿元，同比增长41.14%；净利润达21.14亿元，同比增长30.93%。同日披露的一季报显示，2025年 一季度公司营业收入达59.93亿元，同比增长36.91%，净利润4.96亿元，同比增长59.57%。 | | 2024年 | 2023 年 | 本年比上年增减 | 2022 年 | | --- | --- | --- | --- | --- | | 营业收入(元) | 24,710,080,329.34 | 17,507,203,144,25 | 41.14% | 14,250,519,798,29 | | 归属于上市公司股东 | 2.114.429.526.95 | 1,614,871,961.81 | 30.93% | 1,143,486,217.19 | | 的净利润(元) | | | | | | 妇属于上市公司股东 的扣除非经常性损益 | 1,887,765,741.40 | 1.343,566,088.93 | 40.50% | 781,709,064.54 | | 的净利润(元) | ...

Investment Rating - The report maintains a "Buy" rating for Anker Innovations [1] Core Views - Anker Innovations demonstrated strong revenue and profit growth in 2024 and Q1 2025, with revenue reaching 24.71 billion yuan in 2024, a year-on-year increase of 41%, and a net profit of 2.11 billion yuan, up 31% year-on-year [7][8] - The company is resilient under tariff pressures, with strategies in place to mitigate impacts, including inventory management and supply chain adjustments [7][8] - The report highlights the company's strong performance across product categories, particularly in charging products, which saw a revenue increase of 47.23% year-on-year [7][8] Revenue and Profit Forecast - Total revenue is projected to grow from 24.71 billion yuan in 2024 to 32.14 billion yuan in 2025, with a compound annual growth rate (CAGR) of 30.06% [1][7] - Net profit is expected to increase from 2.11 billion yuan in 2024 to 2.49 billion yuan in 2025, reflecting a year-on-year growth of 17.57% [1][7] Product Category Performance - Charging products generated 12.67 billion yuan in revenue in 2024, a 47.23% increase year-on-year, with a gross margin of 41.5% [7][8] - Smart innovation products achieved 6.34 billion yuan in revenue, up 39.5% year-on-year, maintaining a gross margin of 46.5% [7][8] - Smart audio-visual products reported revenue of 5.69 billion yuan, a 32.8% increase year-on-year, with a gross margin of 45.4% [7][8] Financial Metrics - The report projects earnings per share (EPS) to rise from 3.98 yuan in 2024 to 4.68 yuan in 2025, with a price-to-earnings (P/E) ratio decreasing from 21.12 to 17.96 [1][7] - The company plans to distribute a cash dividend of 1.5 yuan per share, resulting in a dividend payout ratio of 28% and a dividend yield of 1.8% based on the closing price on April 29 [7][8]

插播 ：拒绝鱼龙混杂， 让优质项目脱颖而出！"2024-2025用户侧储能项目TOP10榜单"征集进行中。点击 "阅读原文" 进行申报 随着财报披露进入尾声，2024年新型储能市场的竞争版图浮现。 据行家说储能统计，以2024年财报以及招股书数据中 明确公布的储能营业收入 为衡量标准，2024年度储能营收TOP50企业（见文末图表）呈现 出明显的分层，强者愈强模式显现，同时7成以上的企业储能营收增长， 最高增速近16倍 ，而且储能系统尤其是便携储能系统业务毛利率最高。 营收分化，冰火两重天 ■ 储能营收呈金字塔结构 TOP50中，11家公司储能营收占比超50%，9家公司储能营收占比在30%-50%之间，而且相比2023年，2024年大多数公司的储能营收占比呈增 长趋势。 从营收来看，储能企业竞争格局呈现金字塔结构：宁德时代、阳光电源、亿纬锂能组成超200亿俱乐部，储能营收均超190亿元；安克创新和海辰 储能以120多亿位居其后；阿特斯、中创新航、海博思创、国轩高科、瑞浦兰钧等5家企业组成70-100亿阵营。 奥特佳、中国电力、华宝新能、德 业股份、天合光能、艾罗能源储能营收在20-50亿元，值得注意的是，68 ...