SOKAN(SH:688157) Zheng Quan Shi Bao Wang·2025-04-28 13:12Core Viewpoint - Matsui Co., Ltd. reported a record revenue of 746 million yuan for the fiscal year 2024, marking a year-on-year growth of 26.41%, while net profit attributable to shareholders reached 86.4 million yuan, reflecting a growth of 6.52% [2] Financial Performance - The company achieved an operating income of 746 million yuan, a 26.41% increase year-on-year, setting a new historical revenue record [2] - The net profit attributable to shareholders was 86.4 million yuan, with a non-recurring net profit of 79.0 million yuan, representing year-on-year growths of 6.52% and 7.18% respectively [2] Research and Development - Matsui Co., Ltd. increased its R&D investment to over 105 million yuan, a 16.79% increase compared to the previous year [2] - The R&D expense ratio improved to 14.14%, a decrease of 1.17 percentage points from the previous year [2] - The company obtained 52 new national patents during the year, including 19 invention patents, and participated in the formulation of one industry standard [2] Market Performance and Innovation - The company’s innovative coating materials have gained traction in the high-end consumer electronics sector, establishing benchmarks with major domestic clients and expanding to brands like Xiaomi, Honor, OPPO, and vivo [3] - The successful launch of the sub-molecular coating material project has added growth momentum to the high-end consumer electronics business [3] Strategic Development - Matsui Co., Ltd. has established a multi-field collaborative development framework under its "three verticals and three horizontals" strategic layout [3] - The company has successfully extended its PVD technology from high-end consumer electronics to the passenger vehicle sector since 2019, developing differentiated solutions such as radar wave-permeable PVD and luminous PVD [3] - The innovative technology aligns with the trends of intelligent and personalized upgrades in new energy vehicles, expanding application scenarios from interior and exterior parts to key components like smart sensors [3] Historical Development - Matsui Co., Ltd. started in 2009 with 3C coating business and has gradually gained trust and cooperation from international technology giants due to its strong technical strength and innovation capabilities [4] - The company has successfully captured market opportunities, expanding its business into the passenger vehicle sector and strategic emerging fields such as special equipment [4]