高华科技2024年财报：营收微增1.35%，净利润暴跌42.24%

Core Insights - The company reported a total revenue of 346 million yuan in 2024, reflecting a year-on-year growth of 1.35%, indicating resilience in a complex market environment [4] - However, the net profit attributable to shareholders decreased significantly by 42.24% to 55.64 million yuan, and the net profit after deducting non-recurring items fell by 47.41% to 42.24 million yuan, primarily due to intensified market competition, declining product prices, and increased R&D investments [4][6] Revenue and Profit Analysis - The total revenue for 2024 was 346 million yuan, with a slight increase of 1.35% compared to the previous year [4] - The net profit attributable to shareholders was 55.64 million yuan, down 42.24% year-on-year [4][6] - The non-recurring net profit was 42.24 million yuan, representing a 47.41% decline from the previous year [4][6] - R&D expenses reached 65.28 million yuan, accounting for 18.88% of total revenue, which is a 31.25% increase from the previous year [4][6] R&D and Innovation - The company emphasized technological innovation, filing 15 new patent applications and obtaining 15 invention patents and 1 utility model patent [5] - The number of R&D personnel increased to 130, making up 24% of the total workforce, highlighting the company's commitment to innovation [5] - New products developed include wireless tilt sensors and wireless HART temperature and pressure integrated sensors, with a closed-loop process established in MEMS pressure sensor chip design and MEMS process development [5] Market Expansion - The company made significant progress in the aerospace, aviation, and industrial sectors, developing sensor products for next-generation fighter jets, transport aircraft, and drones [6] - Collaborations with China Commercial Aircraft Corporation and related suppliers target market opportunities arising from the mass delivery of the domestically produced C919 aircraft [6] - Participation in national key projects such as manned space engineering, lunar exploration, and Beidou projects, along with partnerships with commercial space enterprises, further enhances market presence [6] Capital Operations and Investor Returns - The company established two wholly-owned subsidiaries focusing on sensor chip and conditioning circuit chip development, as well as strategic emerging industries [7] - The "GaoHua R&D Capability Construction Project" faced delays due to funding constraints, with completion pushed from April 2025 to June 2026, impacting future R&D capabilities [7] - A cash dividend of 2 yuan per 10 shares is proposed, totaling 36.76 million yuan, which is 66.06% of the net profit attributable to shareholders [7] - A stock repurchase plan was initiated, with an actual repurchase amount of 50.44 million yuan for employee stock ownership plans or equity incentives [7]