Investment Rating - The investment rating for the company is "Buy" [8]. Core Insights - The company reported a revenue of 251.32 million yuan for the first nine months of 2024, representing a year-on-year increase of 2.53%. However, the net profit attributable to shareholders decreased by 2.60% to 66.35 million yuan [1]. - The gross margin improved to 43.30%, up by 2.63 percentage points year-on-year, while the net margin slightly declined to 26.40%, down by 1.39 percentage points [1]. - The company has a strong focus on research and development, collaborating with Harbin Institute of Technology, and offers a wide range of heat exchanger products [2]. Financial Performance Summary - For the third quarter of 2024, the company achieved a revenue of 76.61 million yuan, a year-on-year increase of 2.52%, but the net profit attributable to shareholders fell by 10.09% to 18.87 million yuan [4]. - The gross margin for Q3 2024 was reported at 45.73%, an increase of 2.59 percentage points year-on-year, while the net margin decreased to 24.63%, down by 3.45 percentage points [5]. - The company's total assets amounted to 578.12 million yuan, with a net asset value of 535.93 million yuan [2].
邦德股份：Q3单季度收入微增，归母净利润同比下滑