Core Insights - Company reported a total revenue of 607 million yuan in 2024, a year-on-year decrease of 4.92%, primarily due to intensified industry competition and downstream customer cost control [4][6] - Despite the revenue decline, the company achieved a net profit of 29.83 million yuan, a significant turnaround from a loss of 15 million yuan in 2023, marking a year-on-year increase of 292.87% [4][6] - The company's non-recurring net profit also saw substantial growth, reaching 18.64 million yuan, up 183.62% year-on-year, driven by rapid growth in high-margin businesses such as intelligent connected vehicle testing services [4][5] Revenue Breakdown - Intelligent connected vehicle testing services emerged as a new growth driver, generating 177 million yuan in revenue, a year-on-year increase of 61.07%, accounting for 29.10% of total revenue [5][6] - The automatic driving software development and technical services segment experienced a revenue decline to 31.08 million yuan, down 45.97% year-on-year, primarily due to the completion of prior business deliveries [5] - The intelligent cockpit business reported a revenue of 286 million yuan, a decrease of 12.04% year-on-year, influenced by increased cost control from downstream customers [6] Strategic Initiatives - The company optimized its marketing strategies and reduced the proportion of low-value-added business orders, contributing to the net profit turnaround [4][6] - Increased R&D investment and collaboration with Unreal to develop the next-generation 3D HMI intelligent interactive cockpit solution helped maintain competitiveness in the cockpit business [6] - The company aims to stabilize and recover its intelligent control business, which faced a revenue decline of 36.95% year-on-year, as it progresses with its internationalization strategy and the adjustment cycle of major clients comes to an end [6]
光庭信息2024年财报：净利润扭亏为盈，智能网联汽车测试服务成亮点