德方纳米2025年第一季度实现营收20.04亿元 同比增长5.90%

Core Insights - The company reported a significant decline in revenue for 2024, with total revenue of 7.613 billion yuan, a year-on-year decrease of 55.15% [1] - Despite the revenue drop, the company managed to reduce its net loss to 1.338 billion yuan, indicating an improvement compared to the previous year [1] - In Q1 2025, the company experienced a revenue growth of 5.90% year-on-year, reaching 2.004 billion yuan, with a slight recovery in gross margin [1] Financial Performance - The company's main product, phosphate-based cathode materials, saw a production volume of 236,600 tons in 2024, an increase of 15.31% year-on-year, while sales volume reached 225,700 tons, up by 5.52% [1] - The decline in overall performance was attributed to a significant drop in the prices of key raw materials, particularly lithium, and intensified market competition, leading to a substantial decrease in product prices and gross margins [1] R&D and Innovation - The company emphasized its commitment to research and development, investing 248 million yuan in R&D in 2024, focusing on key areas to enhance its technological leadership [2] - The company is advancing the development and mass production of new products, including next-generation lithium iron phosphate and high-performance additives, to strengthen its technological barriers [2] - The company aims to leverage five strategic pillars: customer enhancement, raw material cost reduction, manufacturing cost reduction, performance premium, and service value addition, to enhance its core competitiveness and ensure long-term sustainable growth [2]