Investment Rating - The investment rating for the company is "Outperform" (Maintain) [4] Core Views - The company is expected to achieve a net profit attributable to shareholders of 55 to 71 million yuan in 2024, representing a year-on-year growth of 38.02% to 78.17% [4] - The growth in revenue and net profit is attributed to stable development of existing businesses, expansion in the new energy vehicle market, development of high-value-added new products, and acceleration of digital transformation [4] - The earnings forecast for 2024-2026 has been slightly adjusted, with expected net profits of 58, 69, and 86 million yuan respectively, corresponding to EPS of 0.88, 1.04, and 1.30 yuan per share [4] Company Overview - The company is actively expanding its business in the new energy vehicle sector and has established stable partnerships with high-quality clients [5] - The company's products have entered the supply chain of leading new energy vehicle brands such as BYD, Huawei, Xiaomi, and Li Auto [5] - The market share of the company's leading products in China is 30%, ranking first in the domestic market [5] Financial Summary - The company's revenue is projected to grow from 231 million yuan in 2023 to 297 million yuan in 2024, reflecting a year-on-year increase of 28.3% [6] - The net profit attributable to shareholders is expected to increase from 40 million yuan in 2023 to 58 million yuan in 2024, a growth of 46.4% [6] - The gross margin is expected to improve slightly from 36.3% in 2023 to 38.1% in 2024 [6] Investment in Synergistic Business - The company announced an investment in Moxun Technology, which has complementary business capabilities and is expected to enhance overall business strength [6] - Moxun Technology has developed several new products and is expected to start mass production in 2024, with existing automotive clients including BAIC Huawei and Geely [6]
捷众科技：北交所信息更新：积极研发新能源车新品，2024年归母净利润预增38-78%