Shenzhen Lihexing (SZ:301013) Sou Hu Cai Jing·2025-05-06 01:36Core Insights - The company reported a total revenue of 577 million yuan for 2024, representing a year-on-year growth of 22.81% [1] - The net profit attributable to shareholders was 7.08 million yuan, achieving a turnaround with a year-on-year increase of 118.76% [1] - The company specializes in the research, production, and sales of automation and intelligent equipment, primarily serving the information and communication technology sectors [1] New Energy Vehicle Business - The company made significant progress in the new energy vehicle sector, capturing market opportunities and significantly increasing order volume [4] - It provided various testing equipment and precision components for new energy vehicle clients, enhancing its market share in this field [4] - Despite strong performance, the company's market share in the new energy vehicle sector remains relatively small, necessitating increased R&D investment and market expansion efforts [4] Electronic Components Business - The electronic components division saw substantial revenue growth due to precise market positioning and effective marketing strategies [4] - The company achieved AEC-Q200 certification for its automotive-grade products, indicating enhanced technical capabilities in the electronic components sector [5] - Future efforts will focus on increasing R&D investment and optimizing product structure to improve market competitiveness [5] R&D Investment and Financial Status - The company invested 48.31 million yuan in R&D, accounting for 8.37% of total revenue, emphasizing the importance of innovation for performance growth [5] - Financial metrics showed significant improvement, with a rolling quarter-on-quarter revenue growth rate of 7.38% and a net profit growth rate of 127.99% [5] - Despite improvements, there is a need for further cost control optimization to enhance profitability in response to market competition and industry changes [6]