业绩超预期增长，欣旺达2024年扣非净利润大增64.99％

Core Viewpoint - In 2024, the company achieved record-high annual performance, with significant growth across multiple business segments, particularly in consumer lithium batteries and electric vehicle batteries, indicating a robust and diversified business model [1][2]. Financial Performance - The company reported total revenue of 56.021 billion yuan, a year-on-year increase of 17.05%, and a net profit attributable to the parent company of 1.605 billion yuan, up 64.99% [2]. - The net profit excluding non-recurring items reached a record 1.605 billion yuan, growing over five times from 261.8 million yuan in 2020 [2]. - In Q4 2024, total revenue was 17.74 billion yuan, a 31% increase from 13.54 billion yuan in Q4 2023, marking a new quarterly revenue high [2]. Business Segments - The consumer battery segment generated revenue of 30.405 billion yuan, accounting for 54.27% of total revenue, with significant growth in smartphone and laptop battery shipments [3]. - The electric vehicle battery segment achieved revenue of 15.139 billion yuan, reflecting a year-on-year growth of 40.24% [2][3]. - The total output of power batteries reached 25.29 GWh, a 116.89% increase from 2023, with a global installed capacity of 18.8 GWh, up 74.1%, capturing a market share of 2.1% [3]. Research and Development - The company invested 3.33 billion yuan in R&D in 2024, with a cumulative investment of 12.916 billion yuan over the past five years [4]. - The number of R&D personnel reached 8,389, and over 7,400 patents have been filed [4]. - New product innovations include silicon anode batteries, fast-charging batteries, and various energy storage solutions [4]. Market Expansion and Recognition - The company has made significant strides in international markets, with successful projects in the U.S., Australia, Europe, Japan, and the Middle East [5][6]. - The company ranked 17th in the Global New Energy Enterprises 500 list and received multiple awards for technological advancements and carbon neutrality certifications [6].