洁美科技机构调研报告 调研日期: 2026-01-28 浙江洁美电子科技股份有限公司成立于2001年,是一家专业为集成电路、片式电子元器件等企业配套生产薄型载带系列产品及离型膜等产品的国家高新 技术企业。公司拥有完整的产业链,能够为全球客户提供一站式服务和整体解决方案。洁美公司的产品主要包括纸质载带、上下胶带、塑料载带及配套 盖带、离型膜、流延膜等。 目录 一、调研基本情况 二、调研接待对象 三、主要调研内容 发现报告整理制作 fxbaogao.com 调研基本情况 | | 基本资料 | | | | --- | --- | --- | --- | | 公告日期 2026-01-28 | | 上市公司接待人员 | 董事、副总经理、董事会秘书 张君刚 | | 接待时间起始 2026-01-28 | | 接待时间截止 | 2026-01-28 | | 接待方式 电话会议 | | 接待地点 | 电话会议 | 发现报告整理制作 fxbaogao.com 调研接待对象 | | 接待对象明细 | | | --- | --- | --- | | 接待对象 | 接待对象类型 | 机构相关人员 | | 东方财富证券 | 证券公司 ...

Investment Rating - The report maintains a "Buy" rating for the company [8]. Core Insights - The company reported a revenue of 1.82 billion yuan for 2024, representing a year-on-year increase of 15.6%. However, the net profit attributable to shareholders decreased by 20.9% to 200 million yuan, and the net profit after deducting non-recurring items also fell by 21.9% to 200 million yuan. For Q1 2025, the revenue was 410 million yuan, up 14.0% year-on-year but down 12.9% quarter-on-quarter, with a net profit of 30 million yuan, down 36.7% year-on-year [2][5]. Financial Performance Summary - In 2024, the company's electronic packaging materials revenue reached 1.57 billion yuan, a year-on-year growth of 13.1%. The electronic film materials segment generated 180 million yuan, growing by 35.4% year-on-year. The company has also made significant investments in R&D, with expenses increasing by 85.5% year-on-year, which contributed to the decline in net profit [10][11]. - The company plans to distribute a cash dividend of 1.2 yuan per 10 shares, which accounts for 50.6% of the net profit attributable to shareholders for 2024 [5][10]. Business Development - The company is a leader in the thin carrier tape sector, focusing on integrated production and strong R&D capabilities. It has established a comprehensive supply chain advantage by producing raw materials in-house and has strengthened its customer base, particularly with key clients like Samsung and Murata [10]. - The company has expanded its product offerings into the new energy battery sector through the acquisition of Flexible Technology, targeting applications in consumer lithium batteries, power batteries, and energy storage batteries [10][11]. Future Outlook - The company is expected to benefit from the release of downstream demand and supportive national policies, with projected net profits of 240 million yuan, 270 million yuan, and 340 million yuan for 2025, 2026, and 2027, respectively [10][11].