AVIC XAC(SZ:000768) Quan Jing Wang·2025-04-01 09:30Core Viewpoint - The company, AVIC Xi'an Aircraft Industry Group, reported a revenue of 43.216 billion yuan for 2024, marking a year-on-year increase of 7.23%, and a net profit of 1.023 billion yuan, up 18.87% from the previous year [1][2]. Financial Performance - The company achieved a net profit attributable to shareholders of 1.023 billion yuan, reflecting an 18.87% increase year-on-year [1]. - The basic earnings per share were reported at 0.37 yuan [1]. - The company plans to distribute a cash dividend of 1.20 yuan per 10 shares, totaling 334 million yuan [2]. Business Operations - The company is a key manufacturer of military and civil aviation products, focusing on large and medium-sized transport aircraft, bombers, and special-purpose aircraft [2]. - In 2024, the company maintained a high level of delivery for military aircraft, contributing to national defense modernization [3]. - The company delivered components for 44 units of C909 and C919 aircraft, and 2 units of Xinzhou aircraft in 2024 [4]. Research and Development - The company invested 266 million yuan in R&D, a 9.25% increase from the previous year [5]. - It aims to enhance its technological innovation capabilities and has made breakthroughs in several key technologies [5]. Future Plans - The company has set a target revenue of 44.988 billion yuan for 2025, with a labor productivity goal of 448,000 yuan per person [6]. - Future strategies include strengthening core business areas, enhancing technological innovation, and expanding production cooperation in outsourcing [6].