国内深耕旧梯改造海外拓展市场 ST远智2025年净利润预增396.77%至507.16%

Core Viewpoint - ST YD Intelligent Industrial Group Co., Ltd. (ST YD) is expected to achieve significant growth in operating performance by 2025, driven by both domestic and international business expansion and effective cost control measures [1]. Group 1: Financial Performance - ST YD forecasts a net profit attributable to shareholders of between 90 million to 110 million yuan for 2025, representing a year-on-year increase of 396.77% to 507.16% [1]. - The company anticipates a net profit of 66 million to 86 million yuan after deducting non-recurring gains and losses, marking a turnaround from losses [1]. Group 2: Business Operations - ST YD specializes in the research, production, sales, installation, and maintenance of elevators, escalators, moving walkways, and related components, with applications in various sectors including residential, commercial, and public facilities [1]. - The company is actively participating in the old elevator renovation market, which is expected to reach a scale of hundreds of billions, driven by the increasing proportion of aging elevators in China [3]. Group 3: Market Strategy - The international market is benefiting from the Belt and Road Initiative, providing significant opportunities for ST YD's elevator products and services, with overseas revenue accounting for nearly 50% of total revenue in the first half of 2025 [2]. - ST YD is leveraging its supply chain advantages to offer customized solutions for infrastructure needs in Belt and Road countries and emerging markets, while establishing service networks in key overseas markets [2]. Group 4: Operational Efficiency - The company is enhancing operational efficiency through cost and expense control, lean production, and supply chain management, which has positively impacted its gross profit margin [3]. - ST YD aims to maintain a low-debt, stable operating philosophy while deepening its domestic market presence and increasing international market expansion efforts [3].