派能科技(688063.SH)：预计2025年净利润同比增加50.82%到109.21%

Core Viewpoint - The company expects a significant increase in net profit for 2025, driven by growth in both international and domestic energy storage markets, as well as advancements in battery technology [1] Financial Performance - The company projects a net profit attributable to shareholders of 62 million to 86 million yuan for 2025, representing a year-on-year increase of 50.82% to 109.21% [1] - The expected net profit after deducting non-recurring gains and losses is estimated to be between -12 million to -8 million yuan for the same period [1] Market Dynamics - The company benefits from a recovery in international energy storage demand and sustained growth in the domestic energy storage market [1] - There is a rising demand for lithium-ion and sodium-ion batteries in the lightweight power market, contributing to the company's growth [1] Strategic Initiatives - The company has optimized resource allocation in sales and R&D, expanding its sales team and enhancing market promotion efforts [1] - R&D efforts have focused on improving product quality and accelerating the pace of new product launches, leading to rapid growth in overseas commercial energy storage and home storage businesses [1] Operational Achievements - The company has achieved significant growth in production and sales volume, as well as revenue scale, due to breakthroughs in domestic commercial energy storage, shared battery swapping, and sodium-ion battery businesses [1] - The increase in deferred tax assets related to unrecognized profits from internal transactions and deductible losses from certain subsidiaries has also contributed to the performance growth [1]