Aerospace CH UAV (002389)2025-04-10 07:58Financial Performance - In 2024, the company achieved a total revenue of 2.567 billion RMB, a decrease of 10.45% year-on-year [3] - The net profit attributable to shareholders was 88 million RMB, down 42.54% compared to the previous year [3] - The total profit for the year was 128 million RMB, reflecting a decline of approximately 34% year-on-year [3] - The company’s foreign drone business revenue reached 1.365 billion RMB, marking a historical high [3] Cost and Expenses - Sales expenses amounted to 37.78 million RMB, while R&D and management expenses were 131 million RMB and 256 million RMB, respectively, maintaining overall stability [3] - Financial expenses were recorded at -27.5 million RMB, primarily due to exchange rate fluctuations [3] Business Development - The company successfully expanded its military trade market, securing multiple contracts and delivering products for operational use [3] - Two new user countries were added, and the company achieved breakthroughs in the Central Asian market [3] - The company completed 40 flight projects, totaling over 3,300 flights and 13,500 flight hours [3] R&D and Innovation - The company invested a total of 516 million RMB in R&D, achieving a research intensity exceeding 20% [3] - A total of 89 patents were applied for during the year [3] - The company is exploring new materials and has initiated the trial production of carbon fiber prepreg materials [3] Market Outlook - The company anticipates a balanced revenue structure between domestic and international markets, with foreign military trade expected to contribute more significantly to profits [7] - The demand for low-cost drones is expected to grow, particularly in certain regions [4] - The company is actively developing AI applications for drone technology, focusing on both single-unit and swarm intelligence [4] Investor Relations - The company has established a multi-dimensional communication channel with investors, including cloud meetings and on-site visits [4] - The company received an "A" rating for information disclosure from the Shenzhen Stock Exchange for two consecutive years [3]