Workflow
DmallSolution 3.0系统
icon
Search documents
多点数智(2586.HK)首次覆盖报告:零售数智化领导者 AI应用及国际化打开新增长空间
Ge Long Hui· 2025-06-23 02:50
Group 1 - The core viewpoint of the report is that Multi-Point Intelligence is a leader in the retail digitalization industry, driven by its core operating system and AIoT, which opens up market space amid the global retail digitalization upgrade wave [1][2] - The company is expected to achieve revenues of 2.237 billion, 2.635 billion, and 3.025 billion yuan from 2025 to 2027, with year-on-year growth rates of 20.3%, 17.8%, and 14.8% respectively [1] - The net profit attributable to the parent company is projected to be 101 million, 199 million, and 314 million yuan for the same period, with growth rates of 104.6%, 96.4%, and 58.0% respectively [1] Group 2 - The retail digitalization industry has a vast market potential, with the Asian retail digitalization market expected to reach 94.7 billion yuan by 2029, growing at a compound annual growth rate of 22.5% from 2024 to 2029 [2] - Multi-Point Intelligence's international business is expected to maintain strong growth, with overseas revenue reaching 158 million yuan, a year-on-year increase of 27.9%, and the revenue share rising to 8.5% [2] - The company has developed an AI Agent system that enhances operational efficiency by automating high-frequency decision-making processes in retail operations, such as intelligent clearance promotions [2]