HXG(SH:603112) Chang Jiang Shang Bao·2025-05-19 00:37Core Viewpoint - Huaxiang Co., Ltd. (603112.SH) has achieved a historic high in stock price, reaching 18.88 CNY per share, with a total market capitalization exceeding 9 billion CNY, marking a significant recovery from a low of 7.19 CNY per share in February 2024, resulting in a maximum increase of 162.59% in less than two years [2][3] Financial Performance - In 2024, Huaxiang Co., Ltd. reported revenue of 3.828 billion CNY, a year-on-year increase of 17.28%, and a net profit of 471 million CNY, up 20.95%, achieving the best performance since its establishment [2][7] - For Q1 2025, the company recorded revenue of 976 million CNY, a 3.55% increase year-on-year, and a net profit of 133 million CNY, reflecting a 25.81% year-on-year growth, marking the highest quarterly performance in recent years [7] - The total assets of Huaxiang Co., Ltd. surpassed 6 billion CNY for the first time, reaching 6.089 billion CNY by the end of 2024, with a year-on-year growth of 15.1% [9] Business Expansion - The company is actively expanding its business in the white goods and automotive parts sectors, having established a strategic partnership with Huayu Automotive [7][9] - Huaxiang Co., Ltd. has entered the robotics sector, establishing subsidiaries focused on the research and development of intelligent robots and related technologies [10] Product Performance - In 2024, the sales volume of core products exceeded 450,000 tons, with precision component revenue reaching 2.872 billion CNY, a 23.28% increase year-on-year [9] - The company has maintained stable growth in revenue and net profit since its listing, with significant fluctuations observed between 2020 and 2022, but a recovery noted in 2023 [5][6]