Investment Rating - The report does not provide a specific investment rating for the company [4]. Core Insights - The company has demonstrated steady revenue growth, with a reported revenue of 232.90 million yuan for the first three quarters of 2024, reflecting a year-on-year increase of 13.25%. However, the net profit attributable to shareholders decreased by 3.01% to 46.77 million yuan during the same period [5][6]. - The company's gross margin for the first three quarters of 2024 was 56.02%, a slight decrease of 0.77 percentage points year-on-year, while the net profit margin was 20.10%, down by 3.23 percentage points [5]. - The company is focused on becoming a leading provider of integrated solutions for safety monitoring IoT services, with its products primarily used in engineering safety monitoring across various sectors [6]. Financial Summary - Revenue (in million yuan): - 2020: 212.34 - 2021: 259.14 - 2022: 298.84 - 2023: 328.64 - Year-on-year growth rates: 24.12% (2020), 22.04% (2021), 15.32% (2022), 9.97% (2023) [3]. - Net profit attributable to shareholders (in million yuan): - 2020: 40.52 - 2021: 50.39 - 2022: 60.55 - 2023: 72.66 - Year-on-year growth rates: 93.34% (2020), 24.35% (2021), 20.17% (2022), 20.01% (2023) [3]. - Gross margin: - 2020: 49.39% - 2021: 51.60% - 2022: 50.79% - 2023: 54.55% [3]. - Return on Equity (ROE): - 2020: 9.64% - 2021: 11.47% - 2022: 11.84% - 2023: 12.84% [3]. - Earnings per share (in yuan): - 2020: 0.33 - 2021: 0.40 - 2022: 0.47 - 2023: 0.52 [3]. Market Data - As of November 14, 2024, the company's closing price was 13.52 yuan, with a total market capitalization of 1.886 billion yuan and a PE ratio of 26.48 times [2][6].
基康仪器：营收增长稳健，股权激励费用计提拖累利润