Career International(300662) 信达证券·2025-02-27 14:51Investment Rating - The investment rating for the company is "Buy" [1] Core Insights - The company's performance is showing continuous improvement, with a revenue increase of 20.6% year-on-year, reaching 11.79 billion yuan in 2024. The net profit attributable to shareholders is 204 million yuan, reflecting a 1.5% increase [1][4] - The company is leveraging years of technology and data accumulation to reshape the human resources industry ecosystem through AI, enhancing recruitment matching efficiency [4] - The earnings forecast for 2025 and 2026 has been raised to 249 million yuan and 293 million yuan respectively, with the current stock price corresponding to a PE ratio of 20x and 17x [4] Financial Summary - Total revenue for 2022 was 9.09 billion yuan, with a growth rate of 29.69%. The forecast for 2024 is 11.76 billion yuan, with a growth rate of 20.28% [3] - The net profit attributable to the parent company for 2022 was 291 million yuan, with a year-on-year growth rate of 15.15%. The forecast for 2024 is 204 million yuan, with a growth rate of 1.5% [3] - The gross profit margin has decreased from 9.68% in 2022 to a forecasted 6.74% in 2024 [3] - The return on equity (ROE) is projected to be 10.22% in 2024, with an EPS of 1.03 yuan [3]