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新增长引擎!欣旺达动储业务翻倍式增长,储能装机量增107%

Core Viewpoint - The company achieved "double growth" in revenue and net profit for 2024, with total revenue reaching 56.02 billion yuan, a year-on-year increase of 17.05%, and net profit attributable to shareholders of 1.468 billion yuan, up 36.43% [1] Group 1: Financial Performance - In 2024, the company reported total revenue of 56.02 billion yuan, a 17.05% increase year-on-year, and a net profit of 1.468 billion yuan, reflecting a 36.43% growth [1] - The company's net profit after deducting non-recurring gains and losses was 1.605 billion yuan, marking a 64.99% increase [1] - The revenue from the consumer battery business was 30.405 billion yuan, accounting for 54.27% of total revenue, while the revenue from the power battery business was 15.139 billion yuan, contributing 27.02% [1] Group 2: Business Segments - The consumer battery business saw revenue growth of 6.52% in 2024, driven by increased demand and improved product offerings [2] - The power battery segment achieved a shipment volume of 25.29 GWh, a 116.89% increase from 2023, with revenue of 15.139 billion yuan, up 40.24% [3] - The energy storage business reported a shipment volume of 8.88 GWh, a 107% increase, with revenue of 1.889 billion yuan, reflecting a 70.19% growth [4] Group 3: Market Trends and Innovations - The global electric vehicle battery installation volume reached 894.4 GWh in 2024, a 27.2% increase, indicating strong market demand [3] - The company is focusing on innovation, with significant R&D investments totaling over 3.3 billion yuan in 2024, and a cumulative investment exceeding 12.9 billion yuan over the past five years [6] - New product developments include high-energy density batteries and advancements in solid-state battery technology, positioning the company for future market demands [6] Group 4: Shareholder Returns - The company plans to distribute a cash dividend of 1.5 yuan per 10 shares, totaling approximately 275 million yuan, reflecting a commitment to shareholder returns [10] - In 2024, the total amount of cash dividends and share buybacks reached 723 million yuan, accounting for 49.25% of the net profit [10]