Group 1 - The core viewpoint of the article highlights that Stone Technology (688169.SH) achieved a revenue of 11.945 billion yuan in 2024, marking a year-on-year growth of 38.03%, while the net profit attributable to shareholders decreased by 3.64% to 1.977 billion yuan [1][2] - The clean appliance industry in China recorded a sales revenue of 42.3 billion yuan in 2024, with a year-on-year growth of 24.4% and a retail volume of 30.35 million units, reflecting a year-on-year increase of 22.8% [1] - Stone Technology's revenue from its main product, the smart vacuum cleaner, reached 10.848 billion yuan, growing by 34.17%, with a gross margin of 52.07%, which is a decrease of 2.87 percentage points [1][2] Group 2 - The revenue from other smart appliances, including washing machines and floor washers, was 1.07 billion yuan, showing a significant year-on-year increase of 93.13%, attributed to the launch of multiple new products [2] - In terms of regional performance, Stone Technology's domestic revenue was 5.531 billion yuan, up 25.39% year-on-year, while overseas revenue reached 6.388 billion yuan, growing by 51.06% [2] - The company invested 971 million yuan in R&D in 2024, representing a year-on-year increase of 56.93%, which accounts for 8.13% of its revenue [2]
石头科技去年营收破百亿,境外收入超过境内