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永兴材料(002756)2024年报点评:周期底部静待反转 成本优势构筑护城河
002756YONGXING MATERIALS(002756) 新浪财经·2025-03-26 12:39

Group 1 - The company's net profit attributable to shareholders for 2024 is expected to decline by 69% [1] - The company achieved an operating revenue of 8.074 billion yuan in 2024, a year-on-year decrease of 33.76%, with a net profit of 1.043 billion yuan, down 69.37% [1] - The lithium salt sales volume for 2024 is approximately 26,000 tons, a decrease of 3.23% year-on-year, while the production volume is also 26,000 tons, down 3.9% year-on-year [1] Group 2 - The company has completed the expansion of its mining license, increasing the production capacity from 3 million tons per year to 9 million tons per year [2] - The lithium mica green intelligent and efficient lithium extraction project has completed approval, with an estimated construction time of 9 months [2] Group 3 - The steel business revenue for 2024 is 5.658 billion yuan, a year-on-year decrease of 18.08%, accounting for 70% of total revenue [3] - The gross profit margin for the steel business has slightly increased to 12.32%, up 0.38 percentage points year-on-year [3] Group 4 - The forecast for net profit attributable to shareholders for 2025-2027 is 1.01 billion yuan, 1.39 billion yuan, and 1.72 billion yuan respectively, with EPS of 1.9 yuan, 2.6 yuan, and 3.2 yuan [4] - The company maintains a "buy" rating due to ongoing cost reduction and steady expansion [4]