劲拓股份2024年财报：净利润翻倍，分红方案亮眼

Core Viewpoint - The company reported significant growth in net profit and plans to distribute a high dividend to shareholders, indicating strong financial performance and commitment to shareholder returns [3][7]. Financial Performance - The company achieved total revenue of 729 million yuan in 2024, a year-on-year increase of 1.19% [3]. - Net profit attributable to shareholders reached 83.17 million yuan, a substantial increase of 110.98% year-on-year [3]. - The non-recurring net profit was 74.52 million yuan, reflecting a growth of 133.45% year-on-year [3]. - The proposed cash dividend is 4 yuan per 10 shares, totaling approximately 97.05 million yuan, with a dividend payout ratio of 116.69% [7]. Business Segment Performance - The company's main business, electronic assembly equipment, generated sales revenue of 633 million yuan, a growth of 15.12% year-on-year, accounting for 87.52% of total revenue [4]. - The company maintains a leading position in the domestic market, particularly in the electronic thermal equipment sector, which is widely used in 5G communications, new energy, and automotive electronics [4]. - Despite strong domestic performance, overseas sales were only 83.52 million yuan, indicating room for improvement in global market expansion [4]. Cost Management and Profitability - The overall gross margin for 2024 was 34.92%, remaining stable compared to the previous year [6]. - The company effectively reduced operating and manufacturing costs through lean production and centralized management, with sales and administrative expenses decreasing by 8.06% and 14.17%, respectively [6]. - However, the company faced some financial impact due to accelerated share-based payment expenses and asset impairment losses [6]. Future Outlook - The high dividend payout reflects the company's commitment to shareholder returns, with a dividend yield of 2.76%, which is relatively high in the machinery equipment industry [7]. - The company aims to continue focusing on technological innovation and market expansion, particularly in high-end markets, to enhance competitiveness [7]. - There are challenges ahead, including the need for stronger global market presence and ongoing investment in technology and product innovation to address increasing market competition [7].