Core Insights - The company reported a significant increase in revenue and net profit for the fiscal year 2024, with total revenue reaching 4.605 billion yuan, a year-on-year growth of 30.49%, and net profit attributable to shareholders at 237 million yuan, up 22.00% [1] - The company demonstrated a remarkable improvement in its core business profitability, with a non-recurring net profit of 202 million yuan, reflecting a substantial year-on-year increase of 212.32% [1] Performance Drivers - The 3C business experienced explosive growth, with sales revenue from 3C-type drilling and milling centers reaching 1.926 billion yuan, a year-on-year increase of 197.43%, becoming the core growth driver [2] - High-end machine tools saw breakthroughs, with sales revenue from five-axis CNC machines and large vertical lathes exceeding 200 million yuan, marking a year-on-year growth of 39.09%, establishing a competitive advantage through technological leadership [2] - The company's overseas expansion accelerated, with revenue from markets in Vietnam, Indonesia, Turkey, Italy, Mexico, and Brazil totaling 207 million yuan, a year-on-year increase of 42.61%, contributing to a revenue share increase to 4.5%, indicating initial success of the globalization strategy [2] 2025 Outlook - For the first quarter of 2025, the company expects revenue between 1.028 billion yuan and 1.113 billion yuan, representing a year-on-year growth of 20% to 30%, with net profit projected between 89 million yuan and 112 million yuan, indicating a year-on-year increase of 50% to 90% [3] - The anticipated strong performance in Q1 2025 is attributed to the continued recovery in the 3C industry and a robust order backlog for high-end machine tools, with sales revenue from 3C-type drilling and milling centers expected to reach 412 million yuan, a year-on-year growth of 27.1% [3] - Sales revenue from high-end products such as five-axis and large vertical lathes is projected to be 45 million yuan, reflecting a year-on-year increase of 21.62% [3]
创世纪:2024年扣非净利润增两倍,一季度预增最高90%