欧陆通2024年增收增利 数据中心电源业务成为核心增长极

Core Insights - The company achieved a record revenue of 3.798 billion yuan in 2024, representing a year-on-year growth of 32.32% [1] - The net profit attributable to shareholders reached 268 million yuan, up 36.92% year-on-year, while the net profit after deducting non-recurring gains and losses surged by 272.97% to 256 million yuan [1] - The company plans to distribute a cash dividend of 5.93 yuan per 10 shares, totaling 62.12 million yuan, with an additional 30.56 million yuan already distributed in the first half of 2024 [1] Revenue Breakdown - The power adapter business generated 1.673 billion yuan in revenue, a growth of 4.96% year-on-year, showcasing the business's stability despite weak downstream demand [2] - The data center power business saw significant growth, with revenue reaching 1.459 billion yuan, a substantial increase of 79.95%, and a gross margin of 25.04%, up 5.49 percentage points [2] - High-power data center power revenue skyrocketed by 536.88% to 780 million yuan, accounting for 53.48% of the data center power business revenue [2] - Other power business revenue was 649 million yuan, increasing by 48.71% year-on-year, with a gross margin of 20.30%, up 2.30 percentage points [2] Future Outlook - In Q1 2025, the company maintained a strong growth trajectory, achieving revenue of 888 million yuan, a year-on-year increase of 27.65%, and a net profit of 49.57 million yuan, up 59.06% [3] - The company continues to focus on optimizing its product structure and expanding into new markets, particularly in the consumer electronics sector driven by AI innovations [2]