Core Viewpoint - The company reported significant revenue growth in 2024, but net profit declined sharply, indicating challenges in cost control and profitability despite strong performance in the new energy vehicle sector [1][4][5]. Revenue Performance - In 2024, the company achieved total revenue of 679 million yuan, representing an 18.59% year-on-year increase, primarily driven by the gradual release of capacity from its initial public offering projects and significant growth in new energy vehicle product revenue [1][4]. - New energy vehicle product revenue reached 166 million yuan, a remarkable increase of 126.21%, accounting for 24.39% of total revenue [5]. Profitability Concerns - The company's net profit attributable to shareholders was 15.76 million yuan, a decrease of 32.34% year-on-year, with a non-recurring net profit decline of 51.31% [1][4]. - Key factors contributing to the decline in net profit include increased operational management expenses, the implementation of an equity incentive plan, and foreign exchange losses due to euro depreciation [4]. New Energy Vehicle Business Highlights - The company secured new injection mold orders worth 852 million yuan, a 26.97% increase year-on-year, with orders for new energy vehicle molds amounting to 329 million yuan, up 16.05% [5]. - Despite rapid growth in the new energy vehicle sector, its contribution to overall profitability remains limited, necessitating further optimization of cost structures [5]. Research and Development Investment - In 2024, the company invested 28.33 million yuan in research and development, representing 4.17% of total revenue, with a year-on-year increase of 15.34% [7]. - The company obtained 29 patents during the year, including 19 invention patents and 10 utility model patents, bringing the total to 98 patents by the end of 2024 [7]. - Significant advancements were made in various technologies, enhancing production efficiency and supporting market expansion in automotive, electronics, home appliances, and medical devices [7].
海泰科2024年营收增长18.59%，净利润下滑32.34%，新能源汽车业务成亮点