Investment Rating - The investment rating for the company is "Buy" and it has been maintained [4] Core Insights - The company has signed a sales intention agreement with Woolworths, a major Australian food retailer, to deliver AI-driven smart shopping carts and camera integration solutions, marking a significant step towards mass production [1][2] - The collaboration with Woolworths is expected to enhance store efficiency and customer experience through deep cooperation in digital infrastructure [2] - The company has a strong focus on retail digitalization, particularly in the electronic price tag sector, and is well-positioned to expand its digital solutions in retail [2] Financial Projections - Revenue projections for the company are as follows: 2025 at 4.056 billion, 2026 at 4.787 billion, and 2027 at 5.747 billion, indicating a growth rate of 18.0% and 20.0% for the respective years [3] - The net profit for 2025 is projected to be 489 million, with a significant increase to 706 million in 2026 and 837 million in 2027 [3] - The earnings per share (EPS) is expected to be 1.16 in 2025, increasing to 1.67 in 2026 and 1.98 in 2027 [3] Key Financial Metrics - The company’s revenue growth rate is projected to be 31.9% in 2023, 18.8% in 2024, with a decline of 9.6% in 2025, followed by a recovery in 2026 and 2027 [8] - The return on equity (ROE) is expected to be 40.9% in 2023, decreasing to 30.1% in 2024, and stabilizing around 19.2% by 2027 [8] - The price-to-earnings (P/E) ratio is projected to decrease from 34.3 in 2023 to 27.8 by 2027, indicating a potential increase in valuation attractiveness over time [3][8]
汉朔科技（301275）：智能购物车即将批量出货，AI+零售数字化迎来场景新突破