Company Overview - Zhenstone Co., Ltd. (振石股份) is a national high-tech enterprise primarily engaged in the research, production, and sales of fiber-reinforced materials in the clean energy sector, covering industries such as wind power, photovoltaic power, new energy vehicles, construction materials, transportation, electronics, and chemical environmental protection [1] - The company has established stable partnerships with well-known global clients and is a key supplier for major enterprises in China and internationally, including Vestas, Siemens Gamesa, and Nordex [1] Industry Insights - According to GWEC statistics, the global cumulative installed wind power capacity is expected to reach 1,136 GW by the end of 2024, with projections of 2,118 GW by 2030, indicating a compound annual growth rate of 10.94% for new installations from 2024 to 2030 [2] Financial Performance - The company's revenue for 2022, 2023, and 2024 is approximately 5.267 billion, 5.124 billion, and 4.439 billion RMB respectively, with net profits of about 781 million, 793 million, and 607 million RMB for the same years [4] - The net cash flow from operating activities for the years 2022, 2023, and 2024 is approximately -208 million, -409 million, and 103 million RMB, indicating fluctuations primarily due to the company's business settlement methods [4] - As of the end of 2022, 2023, and 2024, the total assets are approximately 83.97 billion, 84.10 billion, and 90.39 billion RMB respectively, with a debt-to-asset ratio of 71.53%, 71.30%, and 67.77% [5]
A股申购 | 振石股份(601112.SH)开启申购 2024年公司风电玻纤织物全球市场份额超35%