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北路智控(301195):收入稳健增长 化工与机器人业务空间广阔
Xin Lang Cai Jing· 2025-04-29 02:50
Group 1 - The company reported a revenue of 1.129 billion yuan in 2024, representing a year-on-year growth of 12.05%, while the net profit attributable to shareholders was 201 million yuan, a decline of 10.56% [1] - In Q1 2025, the company achieved a revenue of 249 million yuan, with a year-on-year increase of 10.41%, and a net profit of 42 million yuan, reflecting a growth of 14.64% [1] - The company's gross margin in Q1 2025 reached 43.61%, an increase of 1.92 percentage points year-on-year, indicating a recovery in profitability [1] Group 2 - The company is expanding into new fields such as non-coal mining and chemicals, with significant potential for growth in these areas due to their relatively late development in information and intelligence compared to the coal sector [2] - The successful development of the underground unmanned driving mining truck by the end of 2024 marks a significant milestone, with initial acceptance completed for a project with Shaanxi Coal Group [2] - The company has established a cooperation agreement with Hubei Xingfa Chemical Group for underground intelligent transportation, which includes unmanned new energy vehicles and intelligent driving systems, indicating the expansion of unmanned driving business into non-coal mining [2] Group 3 - The company is recognized as a leader in coal mine information technology, with continuous innovation in mining robots and active market expansion in chemicals and non-coal mining [2] - Revenue projections for 2025-2027 are estimated at 1.387 billion, 1.683 billion, and 2.039 billion yuan, with net profits of 275 million, 347 million, and 423 million yuan respectively, corresponding to P/E ratios of 15, 12, and 10 times [2]