柯力传感23年度暨24年季度业绩交流

Key Takeaways Company and Industry Overview * Company: Keli Sensing Technology Co., Ltd. (Keli Sensing) * Industry: Sensor manufacturing, industrial automation, industrial internet of things (IIoT) Financial Highlights * 2023 Revenue: 1.072 billion yuan (USD 158 million), up 1.1% * 2023 Net Profit: 312 million yuan (USD 45.6 million), up 20.1% * 2023 EBIT: 174 million yuan (USD 25.6 million), up 4.53% * 2024 Q1 Revenue: 248 million yuan (USD 36 million), up 12.89% * 2024 Q1 EBIT: 38.74 million yuan (USD 5.7 million), up 21.29% * 2023 EPS: 1.1 yuan (USD 0.16) * 2023 Gross Margin: 43.05%, up 2.8 percentage points * 2023 Net Margin: 12.95%, up 1.3 percentage points * 2023 Operating Cash Flow: 190 million yuan (USD 27.8 million), up 7.46% Strategic Initiatives * Strategic Investments: Completed 11 strategic investments in sensor, industrial automation, and IIoT sectors, including four controlling investments and seven minority investments. * Group Development: Established eight empowerment centers for research and development, procurement, investment, finance, human resources, and equipment manufacturing and information technology to support acquired companies. * Industrial Park Construction: Construction of a 73,000-square-meter high-end manufacturing base in Ningbo and an 84,500-square-meter industrial park in Zhengzhou completed in 2024 Q2-Q3. A 50,000-square-meter industrial park in Shenzhen with the support of Guangming District government. * Sensor Ecosystem: Launched the Smart Sensor Industrial Building in Zhejiang Province and established a joint venture, Keli Cloud, to support industrial internet and IoT businesses. * R&D and New Materials: Focused on developing new sensor technologies, including robot sensors, multi-physical quantity sensors, torque sensors, and flexible tactile sensors. Future Outlook * Five Strategic Goals: Industrial investment, industrial park construction, industrial ecosystem, industrial group, and industrial capitalization. * Business Development: Focus on sensor automation, industrial internet, industrial automation equipment, and platform building. * Innovation: Prioritize the development of robot sensors and multi-physical quantity sensors to achieve domestic substitution and expand applications in new fields and scenarios.