Investment Rating - The investment rating for the company is "Buy" (maintained) [1][2]. Core Views - The company is expected to achieve a net profit of 164 million yuan in 2024, representing a year-on-year growth of 32.09%. The revenue is projected to be 1.054 billion yuan, with an 11.42% increase compared to the previous year [2][33]. - The company has secured a significant order worth 235 million yuan from a leading customer, focusing on the development of solid-state battery production equipment [3][33]. - The company is actively adjusting its fundraising projects to concentrate on research and development of solid-state batteries, enhancing its capabilities in this emerging field [4][34]. Summary by Sections Financial Performance - In 2024, the company anticipates total revenue of 1.054 billion yuan, a growth of 11.42% year-on-year, and a total profit of 190 million yuan, reflecting a 34.70% increase. The net profit is expected to reach 164 million yuan, marking a 32.09% rise [2][33]. - The earnings per share (EPS) for 2024-2026 are projected to be 1.47, 1.98, and 2.28 yuan, respectively, with corresponding price-to-earnings (P/E) ratios of 48.9, 36.1, and 31.4 [2][33]. Business Developments - The company has signed a procurement contract worth 235 million yuan for a roller press cutting integrated machine with a major customer [3][33]. - The company has increased its investment in the "Research and Development Center and Headquarters Construction Project" from 89.35 million yuan to 134 million yuan, adding new experimental workshops and facilities [4][34]. Industry Position - The company is recognized as a pioneer in the research and development of solid-state battery production equipment, having established significant partnerships and collaborations in this area [4][31]. - The company has launched a series of dry electrode equipment products, which are currently undergoing cell-level testing, indicating its commitment to innovation in battery technology [4][17].
纳科诺尔：北交所信息更新：获得头部客户订单、募投调向固态电池，全年归母净利润预计同比增长32%-20250228