【光大研究每日速递】20250321

Group 1 - The core viewpoint of the article emphasizes the investment value analysis of various companies, highlighting their financial performance and strategic directions in their respective industries [4][5][6][8][9][10][11]. Group 2 - Liugong (000528.SZ): Established in 1958, the company has evolved into a major manufacturer of construction machinery, achieving a revenue of 27.52 billion yuan in 2023, ranking 19th globally and 4th domestically in the industry. The net profit attributable to shareholders for Q1-Q3 2024 reached 1.32 billion yuan, marking a year-on-year increase of 59.8% [4]. - Sinopec Oilfield Service (600871.SH/1033.HK): In 2024, the company reported total revenue of 81.1 billion yuan, a year-on-year increase of 1.39%, with a net profit of 632 million yuan, up 7.19%. The fourth quarter of 2024 saw a significant revenue increase of 8.59% year-on-year and 45.11% quarter-on-quarter [5]. - XPeng Motors (XPEV.N): The company achieved a revenue of 40.87 billion yuan in 2024, reflecting a year-on-year growth of 33.2%. The gross margin improved by 12.8 percentage points to 14.3%, while the Non-GAAP net loss narrowed by 41.2% to 5.55 billion yuan [6]. - Yuewen Group (0772.HK): The company reported a revenue of 8.12 billion yuan in 2024, a year-on-year increase of 15.8%. However, it faced a net loss of 210 million yuan due to goodwill impairment related to New Classics Media, despite an adjusted net profit of 1.14 billion yuan [8]. - Xtep International (1368.HK): In 2024, the company saw a revenue increase of 6.5% and a net profit increase of 20.2%. The main brand and professional sports revenue grew by 3.2% and 57.2%, respectively, with expectations for continued growth in 2025 [9]. - China Resources Beer (0291.HK): The company reported a revenue of 38.64 billion yuan in 2024, a slight decrease of 0.8%, with a net profit of 4.74 billion yuan, down 8%. The core EBIT improved by 2.9% [10]. - MediKarma (688373.SH): The company achieved a revenue of 130 million yuan in 2024, a significant increase of 43.51%. However, it reported a net loss of 441 million yuan, which was a 4.65% increase in losses compared to the previous year [11].