GUOANDA CO.(SZ:300902) Soochow Securities·2025-04-25 08:04Investment Rating - The report maintains a "Buy" rating for the company [1] Core Insights - The company reported Q1 2025 revenue of 0.59 billion, a year-on-year decrease of 8.28%, while the net profit attributable to shareholders was 0.03 billion, an increase of 4.87%. The non-recurring net profit was 0.02 billion, showing a significant year-on-year increase of 196.90%. Overall, the performance met market expectations [2][3] Financial Forecasts - Total revenue is projected to reach 4.36 billion in 2025, with a year-on-year growth of 41.94%. By 2026, revenue is expected to grow to 6.66 billion, and by 2027, it is forecasted to reach 9.34 billion [1][9] - The net profit attributable to shareholders is expected to be 0.43 billion in 2025, reflecting a substantial year-on-year increase of 292.38%. The forecast for 2026 is 0.86 billion, and for 2027, it is 1.44 billion [1][9] - The earnings per share (EPS) is projected to be 0.23 in 2025, 0.47 in 2026, and 0.79 in 2027 [1][9] Business Strategy - The company is focusing on dual growth drivers: low-altitude economy and robotics. It aims to provide high-quality technology products and comprehensive technical solutions for fire safety [8] - Strategic investment in Shenzhen Kewitai is expected to enhance resource integration in emergency rescue and fire safety, particularly utilizing drones for forest fire prevention [8] - The company is actively exploring applications for robotics, including high-mobility firefighting robots, which have received industry recognition and are included in the national pilot application promotion directory [8]