Core Viewpoint - New Chai Co., Ltd. reported a revenue of 2.26 billion yuan for 2024, a year-on-year decrease of 2.4%, while achieving a net profit attributable to shareholders of 79.11 million yuan, a significant increase of 147.52% [1] Group 1: Financial Performance - The company achieved a basic earnings per share of 0.33 yuan, reflecting a year-on-year growth of 153.85% [1] - The company plans to distribute a cash dividend of 1 yuan per 10 shares to all shareholders (tax included) [1] Group 2: Business Overview - New Chai Co., Ltd. specializes in the research, production, and sales of non-road diesel engines and related components, with a strong focus on this sector [1] - The company has a significant first-mover advantage in the forklift diesel engine market and a deep understanding of the application characteristics of non-road diesel engines [1] Group 3: Market Position - In 2024, New Chai Co., Ltd. ranked first in sales and market share for internal combustion engines (diesel) in the construction machinery sector, and ranked in the top ten for multi-cylinder diesel engines, agricultural machinery internal combustion engines (diesel), and generator set internal combustion engines (diesel) [1] Group 4: Industry Drivers - The company benefits from the 2024 policy document "Promoting Large-scale Equipment Updates and Consumer Goods Replacement Action Plan," which encourages the update of engineering and agricultural machinery [2] - The engineering machinery industry is expected to experience greater elasticity due to potential policies such as equipment updates and rural construction [2] Group 5: Service Network - New Chai Co., Ltd. has established a multi-level sales service network that includes service centers, regional parts centers, and authorized service stations, covering key provinces and cities nationwide [2] - The company has developed the "New Chai 'Smart Eye' Call Management Platform" to integrate after-sales service processes and ensure real-time monitoring of service quality [2] Group 6: Research and Development - The company has increased its investment in technology development and innovation, focusing on efficient, low-carbon, and intelligent non-road machinery power solutions [3] - Research and development investment reached 76.69 million yuan, accounting for 3.39% of revenue [3] - Future plans include expanding market share in agricultural machinery and loaders, enhancing product innovation, and accelerating new product development [3]
新柴股份：2024年度净利润同比大增147.52% 公司持续保持稳健发展