ShaanGu(601369) 新浪财经·2025-04-18 06:29Core Viewpoint - The company reported a revenue of 10.277 billion yuan for 2024, with a year-on-year growth of 1.32%, and a net profit attributable to shareholders of 1.042 billion yuan, reflecting a growth of 2.09% [1] Group 1: Financial Performance - In Q4 2024, the company achieved a revenue of 2.988 billion yuan, marking a year-on-year increase of 3.97%, and a net profit of 375 million yuan, which is a significant growth of 27.60% [1][2] - The proposed cash dividend for 2024 is 777 million yuan (before tax), resulting in a dividend payout ratio of 74.55% [1] - The company's gross margin and net margin for 2024 were 22.51% and 11.14%, respectively, both showing year-on-year increases of 1.02 percentage points and 0.31 percentage points [2] Group 2: Business Segments - The energy conversion equipment segment generated a revenue of 4.496 billion yuan, with a year-on-year growth of 3.83%, while the industrial services segment saw a revenue decline of 22.81% to 1.793 billion yuan [2] - The energy infrastructure operation segment (gas operation) reported a revenue of 3.962 billion yuan, reflecting a year-on-year increase of 14.37% [2] - The company's reliance on the metallurgy sector has decreased significantly, with revenue from this sector dropping to 39.86% in 2024 from 71.60% in 2021 [2][3] Group 3: Growth and Development - The company has made significant advancements in distributed energy development, achieving successful trials for the world's first 300MW compressed air energy storage power station [3] - The company has expanded its product offerings in various sectors, including oil and gas, and has made strides in overseas markets, securing multiple large-scale orders [3] - The gas business has also shown robust growth, with a contract gas supply volume of 165.36 Nm3/h, representing a year-on-year increase of 15.35% [3]