【WitsView整理】 4月23日， 视源股份、天禄科技、联得装备 发布2024年营收。 其中，天禄科技 与联得装备实现营收与净利润的双增长。 视源股份 2024年，视源股份实现营收约224.01亿元，同比增长11.05%；归属于上市公司股东的净利润约9.71 亿元，同比减少29.13%。 | | 2024 年 | 2023 年 | 本年比上年增减 | 2022年 | | --- | --- | --- | --- | --- | | 营业收入(元) | 22.401.181.999.32 | 20.172.636.290.28 | 11.05% | 20,990,265,073.39 | | 归属于上市公司股东 | 970.956.088.36 | 1.370.001.016.36 | -29.13% | 2.072.418.661.24 | | 的净利润(元) | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 836.646,676.09 | 1,161,053,572.39 | -27.94% | 1,809,216,233.23 | | 的净利润(元) | | | | | | 经营 ...

Core Viewpoint - The article highlights the financial performance of three companies: Visionox, Tianlu Technology, and Lianhe Equipment, for the year 2024, noting that Tianlu Technology and Lianhe Equipment achieved both revenue and net profit growth, while Visionox experienced a decline in net profit despite revenue growth. Visionox - In 2024, Visionox achieved revenue of approximately 22.401 billion yuan, a year-on-year increase of 11.05%, but the net profit attributable to shareholders decreased by 29.13% to about 971 million yuan [2] - The company expanded its overseas supply chain in the smart control components sector, increasing market share among major clients, with revenue from liquid crystal display main control boards reaching 6.629 billion yuan, up 11.82% [2] - Revenue from home appliance controllers surged by 65.64% to 1.722 billion yuan [2] - Visionox's overseas business generated revenue of 4.348 billion yuan, marking a 16.83% increase [2] Tianlu Technology - In 2024, Tianlu Technology reported revenue of approximately 654 million yuan, a year-on-year increase of 9.67%, and net profit attributable to shareholders rose by 206.84% to 27.116 million yuan [4] - The company experienced revenue growth in its main product lines, including desktop monitors, laptops, and LCD TVs, with increases of approximately 4 million yuan, 12 million yuan, and 48 million yuan respectively [6] - The gross margin improved to 19.21%, up 1.71 percentage points from 2023, driven by a recovery in panel industry demand [6] Lianhe Equipment - In 2024, Lianhe Equipment achieved revenue of 1.396 billion yuan, a year-on-year increase of 15.63%, and net profit attributable to shareholders increased by 37.06% to approximately 243 million yuan [7] - The company expanded its production scale and improved product technology content, successfully penetrating the G8.6 generation film application equipment market, breaking foreign monopolies [9] - Lianhe Equipment's net profit excluding non-recurring gains rose by 40.92% to approximately 229 million yuan [8]

Core Viewpoint - The company achieved significant revenue and profit growth in 2024, but faces challenges in cash flow management [1][6][7] Financial Performance - The company reported total revenue of 1.396 billion yuan, a year-on-year increase of 15.63% [1] - Net profit attributable to shareholders reached 243 million yuan, up 37.06% year-on-year [1] - Non-recurring net profit was 229 million yuan, reflecting a 40.92% increase compared to the previous year [1] - Operating cash flow net amount decreased by 41.84% year-on-year, totaling 71.29 million yuan, indicating cash flow management issues [6] Business Operations - The company specializes in the research, production, and sales of new semiconductor display intelligent equipment, automotive intelligent cockpit systems, semiconductor packaging and testing equipment, and new energy equipment [4] - Significant progress was made in the semiconductor display automation module equipment sector, successfully entering new application fields such as automotive electronics [4] Technological Innovation - The company achieved notable growth through enhanced technological reserves and product research and development [5] - Key technologies developed include high vacuum curved surface bonding technology, material mechanics simulation technology, and machine vision control technology [5] - The company’s R&D investment totaled 121 million yuan, accounting for 8.65% of total revenue, highlighting its commitment to innovation [5] Cash Flow Management Challenges - The company’s financing activities resulted in a net cash flow of -219 million yuan, a decrease of 221 million yuan year-on-year [7] - Investment activities also showed a net cash flow of -82.90 million yuan, indicating financial pressure [7] - There is a need for improved cash flow management to maintain financial health amid rapid expansion [6][7] New Energy Equipment Opportunities - The company made significant advancements in the new energy equipment sector, focusing on lithium battery packaging and automation equipment [8] - Increased R&D investment in perovskite-related process equipment aims to capture industry growth opportunities [8] - The company is positioned to achieve greater breakthroughs in the new energy sector, potentially driving further revenue growth [8]