顺络电子(002138) - 2026年2月28日投资者关系活动记录表

Group 1: Financial Performance - The company achieved a revenue of 6.745 billion CNY in 2025, representing a year-on-year growth of 14.39% [5] - Net profit attributable to shareholders reached 1.021 billion CNY, a 22.71% increase compared to the previous year [5] - The net profit excluding extraordinary items was 978 million CNY, reflecting a growth of 25.23% year-on-year [5] Group 2: Market and Product Development - The company has established a closed-loop innovation system focusing on market demand and industry trends, enhancing R&D investment [5] - Significant growth was noted in emerging markets such as AI applications, automotive electronics, and data centers [5] - The company is recognized as a core supplier of automotive electronic magnetic components, with a steady global business expansion [6] Group 3: Strategic Focus Areas - The automotive electronics sector is a key strategic area, with products covering electric vehicle scenarios and extending to intelligent driving applications [6] - The company is actively involved in the IoT sector, with ongoing product promotion and market expansion efforts [7] - The tantalum capacitor business has seen advancements, with new products developed for high-end consumer electronics and AI data centers [7] Group 4: Profitability and Cost Management - The company maintains a competitive gross margin, attributed to continuous R&D and management innovations [8] - The average gross margin has remained favorable compared to industry peers, supported by increased orders and production capacity utilization [8] - The company is adapting to rising raw material costs by improving processes and negotiating with customers [8] Group 5: Future Outlook - The company plans to continue its focus on R&D investments to support long-term growth and market expansion [8] - There is an expectation of controlled expenditure, with strategic investments aligned with business planning [8] - The company aims to enhance its product matrix and optimize gross margin levels in the future [8]