Lante Optics(SH:688127) Soochow Securities·2024-10-29 21:00Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company achieved record high revenue and profit in the first three quarters of 2024, with revenue reaching 790 million yuan, a year-on-year increase of 60%, and net profit attributable to shareholders of 160 million yuan, up 76% year-on-year [2] - The company's micro-prism products have seen significant revenue growth due to increased applications in smartphone periscope camera models from a key global customer [3] - The company is positioned as a leading domestic player in optical components, with a diverse product range and multi-sector layout, which supports long-term growth [4] Financial Performance Summary - Total revenue for 2024 is projected to be 1,175.36 million yuan, with a year-on-year growth of 55.79% [1] - Net profit attributable to shareholders is expected to reach 275.38 million yuan in 2024, reflecting a year-on-year increase of 53.07% [1] - The latest diluted EPS is forecasted at 0.69 yuan per share for 2024, with a P/E ratio of 34.36 [1]