Himile Science And Technology(002595)2025-03-19 08:18Financial Performance - In 2024, the company achieved operating revenue of 8.813 billion CNY, a year-on-year increase of 22.99% [2] - The net profit attributable to shareholders was 2.011 billion CNY, up 24.77% year-on-year [2] - The gross margin for tire mold business was 39.59%, a decrease of 3.10 percentage points compared to the previous year [2] - Revenue from large component machinery products reached 3.332 billion CNY, with a gross margin of 25.67%, an increase of 2.66 percentage points [2] Business Segments - Tire mold business saw a revenue increase of 46.51% year-on-year, with strong domestic sales growth [2] - CNC machine tool sales generated 399 million CNY, reflecting a 29.30% year-on-year growth [3] - The company’s high-end casting project is expected to start production in May or June 2025, focusing on wind power and gas turbine components [6] Workforce and Personnel - As of December 31, 2024, the total number of employees was 14,804, an increase of 2,275 from the previous year [4] - The tire mold business accounted for over 9,000 employees, while large component machinery and machine tool divisions had approximately 3,000 and 1,700 employees, respectively [4] - Personnel increases are anticipated in 2025, particularly in the tire mold and large component machinery sectors [4] Market Outlook - The demand for gas turbines is expected to remain strong due to rising global electricity needs [6] - The wind power component market is recovering, with both wind and gas turbine businesses projected to grow in 2024 [7] - The company’s electric heating vulcanizing machine is expected to see significant growth, with a projected doubling of overall business output by 2025 [8]