EFORT(688165) 搜狐财经·2025-05-12 09:46Core Viewpoint - The company experienced a significant decline in revenue in 2024, primarily due to a drop in system integration business, while its core robot business saw a growth in sales volume exceeding 30% compared to the previous year, despite a slight decrease in revenue due to product mix and market price competition [2][3]. Group 1: Financial Performance - In 2024, the company's operating revenue decreased by approximately 27% year-on-year, mainly due to a decline in system integration business revenue [2]. - The company's main business gross margin slightly improved compared to the previous year due to effective cost control measures [2]. - In Q1 2025, the company reported a revenue of 252 million yuan, a year-on-year decrease of 24.71%, with a net profit loss of 67.36 million yuan, a decline of 247.63% [25]. Group 2: Business Segments - The company's strategic focus is on the intelligent robot sector, with a significant increase in R&D investment by over 75% year-on-year in Q1 2025 [5]. - The industrial robot shipment volume grew by over 30% in 2024, significantly outpacing the overall market growth rate of 3.9% [3]. - The company achieved a ranking improvement in the domestic industrial robot market, moving from 8th place in 2023 to 6th place in 2024 [3]. Group 3: Product and Market Development - The company’s robot product categories in 2024 included desktop and SCARA robots (39% share), medium and small load robots (50% share), and large load robots (11% share) [4]. - The company has established a Robot as a Service (RaaS) model to provide flexible automation solutions, which has been validated in the furniture industry [12]. - The company has achieved a localization rate of over 95% for key components, with the controller's localization rate reaching 99% [10]. Group 4: Industry Position and Competition - The industrial robot industry is facing intense competition, with price becoming a significant factor in order acquisition [23][24]. - The company is focusing on high-end product development to differentiate itself in a market characterized by severe competition in mid-to-low-end products [19]. - The company has made significant inroads into the automotive sector, securing substantial orders from leading domestic new energy vehicle manufacturers [9][20].