雷尔伟2024年财报：营收增长5.3%，净利润提升24%，但增速放缓隐忧显现

Group 1 - The company reported a revenue of 366 million yuan for 2024, reflecting a year-on-year growth of 5.30%, but the growth rate has significantly slowed compared to previous years, indicating challenges in market expansion and competition [4] - The net profit attributable to the parent company was 67.25 million yuan, showing a year-on-year increase of 24.02%, with a non-recurring net profit of 55.18 million yuan, up 35.91%, despite ongoing cost control pressures [5][6] - The company has faced declining revenue growth since reaching a peak of 25.96% in 2020, with a notable negative growth of 11.74% in 2022, highlighting a weakening growth momentum in the rail transportation sector [4] Group 2 - The company has made significant investments in research and development, successfully developing new products such as honeycomb porous aluminum alloy structures and alloy thermoplastic interior wall panels for subway vehicles, although these investments have not yet led to substantial revenue growth [6] - The competitive landscape in the rail vehicle industry has intensified, with the company facing increased pressure from competitors and the need for continuous technological innovation to maintain its market position [7] - The company is actively participating in bidding processes and employing a combination of order-based and innovative research and development to meet customer demands, but international market expansion remains challenging due to geopolitical and economic factors [7]