Snowman Group(SZ:002639)2025-05-15 09:56Group 1: Financial Performance - In 2024, the company achieved operating revenue of 2.285 billion yuan, a year-on-year increase of 12.41% [1] - The overseas business generated revenue of 345 million yuan, growing by 33.27%, significantly outpacing the overall company growth [1] - The net profit attributable to shareholders reached 35.99 million yuan in 2024, a year-on-year increase of 334.31% [2] - The net profit excluding non-recurring gains and losses was 25.18 million yuan, up 157.07% year-on-year [2] - In Q1 2025, operating revenue was 402.14 million yuan, reflecting a year-on-year growth of 17.37% [2] Group 2: Profitability and Efficiency - The overall gross margin for 2024 was 23.86%, an increase of 2.71% from the previous year [1] - The gross margin for the core refrigeration equipment manufacturing segment rose to 29.70%, a year-on-year increase of 4.95% [2] - The company has made substantial progress in lean management, supply chain optimization, and cost control, contributing to improved profitability [2] Group 3: Business Development and Strategy - The company is transitioning from an equipment supplier to a system solution provider, enhancing its product application in niche markets [3] - A technical research institute network has been established in major cities to attract talent and develop a "compressor+" technology ecosystem [3] - The company is focusing on high-performance magnetic levitation centrifugal machines to meet the cooling demands of AI data centers, with plans for increased market promotion [4] Group 4: Innovation and Market Applications - The helium compressor is a key component for large-scale low-temperature systems in controlled nuclear fusion projects, achieving international leading technology levels [5] - The company has multiple patents related to helium compressors, indicating strong innovation capabilities and market potential [5]