Investment Rating - The report gives a "Buy" rating for the company, indicating a positive outlook for the stock's performance in the next six months [1]. Core Insights - The company, Ouma Software, has shown significant growth in its net profit, with an expected increase of 46.42% to 58.46% year-on-year, achieving a net profit of between 73 million to 79 million yuan [1]. - The company focuses on high-end clients in the examination and assessment sector, benefiting from its long-standing relationships with government bodies and educational institutions [1]. - Ouma Software has maintained high R&D investment, with 20% of its total revenue allocated to R&D in 2022, leading to advancements in AI and digital assessment technologies [1]. - The company is expected to achieve revenue growth of 51%, 34%, and 29% for the years 2023, 2024, and 2025, respectively, with projected net profits of 77 million, 104 million, and 133 million yuan for the same years [1][3]. Summary by Sections Financial Performance - The company is projected to achieve operating revenues of 224 million, 299 million, and 387 million yuan for 2023, 2024, and 2025, respectively, with corresponding growth rates of 50.83%, 33.53%, and 29.34% [3]. - The expected diluted earnings per share (EPS) for 2023, 2024, and 2025 are 0.50 yuan, 0.68 yuan, and 0.87 yuan, respectively, with price-to-earnings (PE) ratios of 38X, 28X, and 23X [3][1]. Business Strategy - The company has been actively involved in the construction of national-level examination platforms, which supports its business expansion and revenue growth [1]. - Ouma Software's AI assessment applications have been successfully implemented in various examination scenarios, indicating a strong market potential for its innovative solutions [1].
聚焦教育考试与测评，AI应用开启成长空间