Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's performance in 2024 met market expectations, with total revenue of 6.9 billion yuan, a year-on-year increase of 3.5%, and a net profit attributable to shareholders of 574.42 million yuan, up 13.82% year-on-year [8] - The company is experiencing growth in non-new energy sectors, with a 31% increase in revenue, driven by AIDC demand from major clients [8] - The internationalization strategy is being solidly advanced, with foreign sales revenue reaching 1.981 billion yuan, a 68% increase year-on-year, supported by new orders and a growing customer base [8] - Digitalization and energy-related businesses are entering a realization phase, with significant revenue growth in storage and digital factories [8] Financial Summary - Total revenue projections for the company are as follows: 6.9 billion yuan in 2024, 8.3 billion yuan in 2025, 9.8 billion yuan in 2026, and 11.5 billion yuan in 2027, with respective year-on-year growth rates of 3.5%, 20.39%, 17.74%, and 17.32% [1][9] - Net profit attributable to shareholders is projected to be 574.42 million yuan in 2024, 812.54 million yuan in 2025, 1.071 billion yuan in 2026, and 1.350 billion yuan in 2027, with year-on-year growth rates of 13.82%, 41.45%, 31.85%, and 26.01% [1][9] - The company's earnings per share (EPS) are expected to be 1.26 yuan in 2024, 1.78 yuan in 2025, 2.34 yuan in 2026, and 2.95 yuan in 2027 [1][9]
金盘科技(688676):2024年年报点评:业绩符合市场预期,“数智”赋能+国际化全面发展