SERVYOU(603171)2024-03-16 16:00Investment Rating - The investment rating for the company is "Buy" (maintained) [5][7]. Core Views - The company launched its first data product, "Enterprise Operation Invoice Tax Financial Association Analysis," on the Shanghai Data Exchange, which automates the calculation of invoices, taxes, and financial information for enterprises [5][6]. - The product is priced at 1 yuan per year per enterprise label and is aimed at small micro-loans and supply chain finance [5]. - The company has a significant user base with 4.9 million paying B-end users and 7.7 million active users, indicating strong market demand for its data products [6]. Financial Summary - Total revenue is projected to grow from 2.004 billion yuan in 2023 to 2.985 billion yuan in 2025, reflecting a compound annual growth rate (CAGR) of approximately 23.1% [4][7]. - The net profit attributable to the parent company is expected to increase from 283 million yuan in 2023 to 497 million yuan in 2025, with a notable growth rate of 96.8% in 2023 [4][7]. - Earnings per share (EPS) are forecasted to rise from 0.70 yuan in 2023 to 1.22 yuan in 2025 [4][7].