DSBJ(SZ:002384) Xin Lang Cai Jing·2025-04-29 02:43Group 1 - In 2024, the company achieved revenue of 36.77 billion, a year-on-year increase of 9.27%, but net profit attributable to shareholders dropped by 44.74% to 1.09 billion [1] - The fourth quarter of 2024 saw revenue of 10.30 billion, a year-on-year decrease of 7.59%, with net profit attributable to shareholders plummeting by 97.11% to 0.018 billion [1] - The significant decline in net profit for 2024 was primarily due to asset disposal losses of 0.164 billion and asset impairment losses of 0.595 billion related to the integration and optimization of the LED business [1] Group 2 - The company expects to turn around its LED business starting in 2025, benefiting from the AI-driven demand in the ICT infrastructure sector, with a projected net profit growth of 50-60% in Q1 2025 [2] - The PCB segment is anticipated to benefit from both volume and price increases due to the rise of AI applications, with the company maintaining an optimistic long-term growth outlook [2] - The company has raised its profit forecasts for 2025 and 2026, estimating net profits of 3.067 billion and 3.616 billion respectively, with a new forecast for 2027 at 4.203 billion [2] Group 3 - The company adheres to a "dual-wheel drive" strategy, focusing on core products like PCB and precision components while expanding into new markets and fields [3] - In the new energy vehicle sector, the company reported a revenue of 8.65 billion in 2024, a year-on-year increase of 36.98%, accounting for 23.52% of total revenue [3] - Products such as vehicle-mounted FPC, liquid cooling plates, battery housings, and vehicle displays have established a competitive advantage and gained widespread customer recognition [3]