Investment Rating - The investment rating for the company is "Outperform" (Maintain) [1] Core Views - The company is expected to achieve a 55% increase in net profit attributable to the parent company for 2023, driven by advancements in smart driving and robotics [1] - The company launched multiple new products, including a six-axis precision dispensing robot, contributing to a 33.57% year-on-year revenue growth in Q3 2024 [1][2] - The company maintains its profit forecast for 2024-2026, with expected net profits of 91 million, 111 million, and 138 million yuan respectively, corresponding to EPS of 0.64, 0.79, and 0.98 yuan per share [2] Financial Performance Summary - For the first three quarters of 2024, the company reported revenue of 447 million yuan, a year-on-year increase of 32.67%, and a net profit of 67.48 million yuan, up 5.20% [2] - In Q3 2024, revenue reached 163 million yuan, reflecting a 33.57% year-on-year growth, while net profit decreased by 9.15% to 20.67 million yuan [2] - The company’s R&D expenses for the first three quarters of 2024 were 36.45 million yuan, an increase of 18.86% year-on-year, indicating a strong focus on innovation [4] Product Development and Market Position - The company has developed advanced ultrasonic sensors that meet safety requirements for L2 and above autonomous driving levels, enhancing its competitive edge in the smart automotive sector [3] - New product launches, such as the lead-free ultrasonic flow meter and the six-axis precision dispensing robot, are expected to revolutionize their respective markets and drive future growth [4]
奥迪威：北交所信息更新：六轴精密点胶机器人等多款新品推出，2024Q3营收同比+33.57%