EST TOOLS(SZ:300488)2025-04-30 09:28Financial Performance - In 2024, the company achieved total revenue of CNY 608 million, an increase of 8.39% year-on-year [1] - The net profit attributable to shareholders was CNY 129 million, a decrease of 4.39% compared to the previous year [1] - In Q1 2025, the company reported total revenue of CNY 149 million, a growth of 19.10% year-on-year [2] - The net profit attributable to shareholders in Q1 2025 was CNY 28 million, an increase of 8.26% compared to the same period last year [2] Profitability Metrics - The overall gross margin for 2024 was 44.77%, down from 46.12% in 2023, a decline of 1.35 percentage points [2] - The increase in revenue from precision high-efficiency tools, which have a lower gross margin, contributed to the decline in overall gross margin [2] - The share of revenue from precision high-efficiency tools rose from 18.01% in 2023 to 21.90% in 2024 [2] Future Outlook - The company aims to achieve a consolidated revenue of over CNY 680 million in 2025 [4] - The growth is supported by the expansion of production capacity and the maturity of product technology [4] - The company expects a significant decrease in convertible bond interest expenses starting from Q2 2025 [4] Market Impact - The company has a wholly-owned subsidiary in the U.S., which is not significantly affected by the recent high tariffs, as less than 5% of total revenue comes from exports to the U.S. [4] - The company is exploring potential mergers and acquisitions to strengthen its core business [4]