ATCDI(SH:603357) Xin Lang Cai Jing·2025-05-04 08:32Core Viewpoint - The company expects a revenue increase of 0%-30% and a net profit increase of 0%-20% for 2025, following a revenue growth of 4.25% and a net profit growth of 5.1% in 2024 [1][5]. Financial Performance - In 2024, the company achieved a revenue of 3.53 billion yuan, reflecting a growth of 4.25%, with quarterly growth rates of 19.54%, 1.14%, 18.99%, and a decline of 8.43% [3]. - The net profit attributable to shareholders was 510 million yuan, marking a 5.1% increase, with quarterly changes of -9.34%, -2.67%, -35.93%, and 74.84% [3]. - The gross profit margin for 2024 was 33.52%, a decrease of 0.33 percentage points, while the net profit margin was 14.53%, an increase of 0.12 percentage points [3]. - The company reported a negative operating cash flow of 150 million yuan in 2024, compared to a positive cash flow of 270 million yuan in the same period of 2023 [3]. Contract and Order Status - New contracts signed in 2024 decreased by 24.6% to 3.454 billion yuan, with a backlog of orders declining by 9.3% to 7.778 billion yuan [4]. - The provincial market saw new contracts of 2.928 billion yuan, down 17.98%, while the non-provincial market experienced a significant decline of 48.02% in new contracts, totaling 526 million yuan [4]. Strategic Initiatives - The company is focusing on digital transformation by establishing an AI foundation and smart platform, with plans to deploy AI models in transportation engineering [5]. - The company aims to explore new business models in low-carbon and energy integration sectors, aligning with national strategies [5]. - A dividend of 157 million yuan is planned for 2024, with a payout ratio of 30.6% [5].