HAIMO(300084) Zhong Zheng Wang·2025-04-29 14:29Core Viewpoint - The company, Haimer Technology, reported a decline in revenue for 2024 but showed growth in the first quarter of 2025, indicating a strategic shift towards core business focus and asset optimization [1][2]. Financial Performance - In 2024, Haimer Technology's revenue was 600 million yuan, a year-on-year decrease of 19.36% [1]. - For Q1 2025, the company achieved revenue of 77.68 million yuan, reflecting a year-on-year growth of 18.66% [1]. - The net profit attributable to shareholders for Q1 2025 was -18.58 million yuan [1]. Asset Management - The company undertook significant impairment losses in 2024, including approximately 70 million yuan in goodwill impairment, 60 million yuan in inventory write-downs, and 10 million yuan in fixed asset impairments, totaling about 144 million yuan, which accounted for approximately 61.30% of the total profit loss [1]. - Following the impairment process, the company indicated that goodwill has been largely accounted for, suggesting that future performance will not be affected by goodwill impairment [2]. Strategic Focus - Haimer Technology is focusing on core product development and enhancing R&D investment in high-value products, particularly in multi-phase metering products [2]. - The company is collaborating with major players in the Middle East, such as Saudi Aramco and Abu Dhabi National Oil Company, to promote the application of multi-phase flow meters in unconventional oil fields [2]. Management Confidence - Key executives and their families plan to increase their holdings in the company, with a total investment amounting to a maximum of 22 million yuan, reflecting management's confidence in the company's future prospects [3].