苏轴股份：北交所信息更新：滚针轴承拓展海外市场，布局机器人/航空航天新赛道-20250310

Investment Rating - The investment rating for the company is "Outperform" (Maintain) [3] Core Views - The company is expected to achieve a revenue of 715 million yuan in 2024, representing a year-on-year growth of 12.42%, and a net profit attributable to the parent company of 151 million yuan, which is a 21.32% increase [3] - The company is actively expanding into high-margin overseas markets and new fields such as aerospace, industrial automation, and robotics, which are expected to drive future growth [5] - The financial forecasts for 2024-2026 have been revised upwards, with net profits projected at 151 million yuan (previously 143 million), 194 million yuan (previously 163 million), and 222 million yuan (previously 188 million) respectively [3] Financial Summary - The total revenue for 2022 was 563 million yuan, with a projected increase to 715 million yuan in 2024, and further growth to 1.067 billion yuan by 2026 [7] - The net profit attributable to the parent company was 84 million yuan in 2022, expected to rise to 151 million yuan in 2024, and reach 222 million yuan by 2026 [7] - The gross margin is projected to improve from 32.9% in 2022 to 40.5% in 2024, while the net margin is expected to increase from 14.9% to 21.1% in the same period [12]