BESTWAY(SZ:300008)2025-05-15 09:24Financial Performance - The company's annual revenue for 2024 was CNY 394,532.18 million, representing a year-on-year increase of 9.4% [2] - The net profit attributable to shareholders for 2024 was CNY 13,854.55 million, showing a year-on-year growth of 36.40% [3] - In Q1 2025, the company achieved a revenue of CNY 74,658.69 million, up by 10.86% compared to the previous year [4] - The net profit attributable to shareholders in Q1 2025 was CNY 4,079.24 million, reflecting a year-on-year increase of 32.32% [4] Industry Outlook - The shipbuilding market is currently in a relatively prosperous cycle, with a clear demand for fleet renewal after 15 years since the last peak [5] - International Maritime Organization's guidelines on low-carbon emissions are expected to drive shipowners to adjust their fleet structures towards cleaner energy vessels [5] - Despite uncertainties from U.S. tariffs and investigations, the global supply chain is stable, and shipping remains irreplaceable by other transport modes [5] - The emphasis on deep-sea technology in government reports indicates a growing focus on deep-sea development, which aligns with the company's expertise in marine engineering vessels [5] - Future demand for new ship types may arise from breakthroughs in deep-sea aquaculture, floating wind power technology, and traditional marine engineering vessels [5]