智通财经网·2025-09-11 22:38Core Viewpoint - YouSheng Co., Ltd. (友升股份) has initiated its IPO with a share price of 46.36 yuan and a price-to-earnings ratio of 22.31, focusing on lightweight automotive components, particularly for electric vehicles [1] Financial Performance - The company reported revenues of approximately 2.35 billion yuan, 2.90 billion yuan, and 3.95 billion yuan for the years 2022, 2023, and 2024 respectively, with net profits of about 233 million yuan, 321 million yuan, and 405 million yuan during the same periods [2] - As of December 31, 2024, the company's total assets and liabilities show a significant increase in equity, with the equity attributable to shareholders reaching approximately 1.94 billion yuan, up from 1.22 billion yuan in 2022 [3] - The company's debt-to-asset ratio has increased from 41.30% in 2022 to 62.62% in 2024 for the parent company, while the consolidated debt-to-asset ratio is projected to be 52.98% in 2024 [3] - Basic and diluted earnings per share are expected to rise to 2.80 yuan in 2024 from 1.74 yuan in 2022, indicating a positive trend in profitability [3] Industry Position - YouSheng Co., Ltd. is a key supplier of aluminum alloy components for electric vehicles in China, maintaining stable partnerships with major manufacturers such as Tesla, GAC Group, NIO, and others [1] - The company is committed to enhancing the range of electric vehicles and improving fuel efficiency in traditional vehicles, aligning with industry trends towards sustainability [1]