300多万元净利润估值1.5亿元？拟“牵手”双洲科技，纬德信息扩张是否值得？

Core Viewpoint - WeiDe Information (688171.SH) plans to increase its stake in Beijing Shuangzhou Technology Co., Ltd. to 50.10% through cash investment, despite reporting only a profit of over 10 million yuan last year [2][3] Group 1: Investment Details - The investment agreement is currently in the intention stage, with the overall pre-investment valuation of Shuangzhou Technology at approximately 150 million yuan [2][5] - Shuangzhou Technology specializes in information security software and has a client base that includes government and military sectors [3][5] - The acquisition aims to enhance WeiDe Information's resources in the information security field, potentially broadening its product line and market channels [3][5] Group 2: Financial Performance - WeiDe Information reported a revenue of 97.34 million yuan in 2024, a decrease of 18.95% year-on-year, and a net profit of 11.98 million yuan, down 33.46% [5][6] - Shuangzhou Technology achieved a revenue of 16.32 million yuan in 2024, with a net profit of 3.63 million yuan, but its net assets were negative at -3.26 million yuan [6] Group 3: Risks and Uncertainties - The intention agreement is non-binding, and the final transaction will depend on due diligence, audits, and evaluations [4] - Even if the acquisition is successful, WeiDe Information may face challenges in integrating corporate cultures and management practices [6]