TDTEC(SH:600582) Chang Jiang Shang Bao·2025-04-24 00:14Core Viewpoint - TianDi Technology (600582.SH) has demonstrated significant growth in its operating performance, with a projected net profit exceeding 1.4 billion yuan in the first quarter of 2024, doubling year-on-year [1][4]. Financial Performance - In 2024, the company achieved a revenue of 30.53 billion yuan, a slight increase of 2% year-on-year, and a net profit attributable to shareholders of 2.62 billion yuan, marking an 11.17% increase [4]. - The first quarter of 2024 is expected to see a net profit of 1.43 billion to 1.45 billion yuan, representing a growth of approximately 106% to 109% compared to the previous year [4][5]. - The company has maintained a trend of double growth in revenue and net profit for eight consecutive years since 2017 [2]. Research and Development - In 2024, the company invested 2.188 billion yuan in R&D, with a total of 4,478 R&D personnel, accounting for 24.93% of the total workforce [2][9]. - The company has focused on key core technology breakthroughs and aims to lead technological advancements in the coal industry [2][7]. - The number of invention patents granted in 2024 reached 1,281, with significant growth in patents related to artificial intelligence and carbon neutrality [9]. Dividend Distribution - The company plans to distribute cash dividends of 1.312 billion yuan in 2024, which accounts for 50.04% of the annual net profit attributable to shareholders [3]. Business Segments - The sales revenue from coal machinery manufacturing, the core business, was 12.714 billion yuan, representing 41.65% of total revenue, with stable income and proportion compared to the previous year [6][7]. - Other business segments, including safety equipment and environmental protection equipment, showed varied performance, with sales revenue changes ranging from -27.27% to +11.58% [6]. Strategic Positioning - TianDi Technology is recognized as a leading player in the coal industry, focusing on safe, green, and intelligent development, and is positioned as a national team for technological innovation in coal [7][8].