Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Insights - The company reported strong performance for 2024, with revenue reaching 826 million yuan, a year-on-year increase of 26.5%, and a net profit attributable to shareholders of 147 million yuan, up 29.0% [4][6] - The company is strategically positioning itself in the robotics industry, leveraging its existing automotive client relationships to expand into this high-growth sector [7] - The energy storage business is expected to become a new growth driver, with confirmed orders and higher profit margins compared to traditional business lines [7] Financial Data and Profit Forecast - Revenue and profit forecasts for 2024 to 2026 indicate continued growth, with projected net profits of 1.47 billion yuan in 2024, 1.78 billion yuan in 2025, and 2.50 billion yuan in 2026 [6][9] - The company maintains a strong gross margin in its sensor business, which is above industry averages, and has strong pricing power [7] Business Segments - In the automotive sector, the company has seen significant sales growth from key clients like BYD, which sold 4.27 million vehicles in 2024, a 41.26% increase year-on-year [7] - The company is actively developing core components for robotics, including six-dimensional force sensors and encoders, to capitalize on the rapid growth in the robotics industry [7] - The energy storage segment is gaining traction with high-margin products, and the company has secured multi-million yuan orders from various enterprises [7]
开特股份：2024业绩亮眼，前瞻布局机器人产业，储能业务有望成新增长极-20250228