富春环保(002479) - 002479富春环保业绩说明会活动信息

Financial Performance - In 2024, the company achieved a revenue of CNY 5.253 billion, representing a year-on-year growth of 18.29% [2] - The net profit attributable to shareholders was CNY 241 million, with a year-on-year increase of 22.71% [2] - For Q1 2025, the company reported a revenue of CNY 1.123 billion, up 12.82%, and a net profit of CNY 95.74 million, showing a significant growth of 403.14% [2] Business Operations - The company’s total profit for 2024 was CNY 423 million, reflecting a growth of 14.31% [2] - The revenue from the heat and power generation segment decreased by 3.5% to CNY 2.661 billion in 2024, primarily due to a drop in coal prices affecting clean heat pricing [6] - The company plans to enhance its operational efficiency through smart power plant projects and expand its capacity with two ongoing projects, expected to add 43 MW of installed capacity [6] Research and Development - R&D investment in 2024 increased by 11.11%, with plans to further boost R&D spending in the future to drive innovation [3] - The company emphasizes technology innovation as a core driver for long-term competitiveness [3] Market and Strategic Outlook - The company is actively evaluating potential mergers and acquisitions, although no immediate plans have been confirmed [4] - The management believes the stock price is influenced by market conditions but maintains a strong fundamental performance [3] - The company is focused on upgrading its main business, extending its industrial chain, and pursuing technological innovations to create additional value [3] Challenges and Risks - The company faced a one-time loss of CNY 61.71 million in 2024 due to government-related demolition activities [5] - The overall gross margin decreased by 1.56 percentage points to 16.24%, attributed to the expansion of lower-margin businesses [5] - The company’s subsidiary, Platinum Energy, reported a loss of CNY 40.52 million, impacted by economic fluctuations and reduced order volumes [7]