蓝思科技：业绩大幅增长，多元发展助力长期成长

Investment Rating - The investment rating for the company is "Buy" [1] Core Insights - The company has shown significant growth in its performance, with a year-on-year increase in revenue of 36.74% and a net profit increase of 43.74% for the first three quarters of 2021 [2] - The company is positioned as a leading player in the consumer electronics sector, with a diversified business model that includes various materials and components such as glass, metal, sapphire, ceramics, touch modules, and fingerprint modules [2] - The integration of AI technology is expected to drive further growth in the consumer electronics industry, providing the company with substantial growth opportunities [3] Financial Performance Summary - For the first three quarters of 2021, the company achieved a total revenue of 462.28 billion yuan and a net profit of 23.71 billion yuan [2] - The company's revenue for Q3 2024 was 173.61 billion yuan, with a year-on-year growth of 27.37%, and a net profit of 15.10 billion yuan, reflecting a year-on-year increase of 37.85% [2] - The projected revenues for 2024, 2025, and 2026 are 688.95 billion yuan, 970.79 billion yuan, and 1,101.45 billion yuan, respectively, with corresponding year-on-year growth rates of 26.4%, 40.9%, and 13.5% [4]