Himile Science And Technology(SZ:002595)2024-09-23 08:41Group 1: Tire Mould Business Performance - In the first half of 2024, the tire mould business achieved operating revenue of 2.216 billion yuan, a year-on-year increase of 19.52% [2] - The gross profit margin for the tire mould business was 41.59%, a decrease of 1.21 percentage points year-on-year [2] - Domestic sales showed significant growth, while exports experienced steady growth [1] Group 2: Future Growth Predictions - The tire mould business is expected to maintain some growth in the second half of 2024, but this trend may not be sustainable long-term, depending on market demand [2] - The company anticipates that the gas turbine market will continue to see good demand until 2030, with a full order book for 2024 [2] Group 3: Large Component Machinery Products - In the first half of 2024, large component machinery products generated operating revenue of 1.465 billion yuan, a year-on-year increase of 2.65% [2] - The gross profit margin for large component machinery products was 24.48%, an increase of 4.36 percentage points year-on-year, driven by product structure optimization and reduced raw material costs [2] Group 4: CNC Machine Tool Business - The CNC machine tool business is still in its early development stage, with significant R&D investment and low gross and net profit margins [3] - The company expects to achieve a certain level of profit in 2024 as the scale of the CNC machine tool business grows [3] Group 5: International Production Capacity - The company has established subsidiaries in various countries, including the USA, Thailand, and Mexico, to enhance its global production service system [3] - Currently, overseas production capacity accounts for approximately 10% of the total mould production capacity [3] Group 6: Overall Gross Profit Margin - The overall gross profit margin for the first half of 2024 was 35.22%, an increase of 2.23 percentage points year-on-year, attributed to changes in revenue structure and efficiency improvements [3]