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邦德股份:北交所信息更新:苏州项目稳步推进中,2024年归母净利润同比+3%-20250302

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The company is expected to achieve a year-on-year increase of 3% in net profit attributable to the parent company in 2024, with a projected net profit of 89 million yuan [2][3] - The company's revenue for 2024 is forecasted to be 347 million yuan, reflecting a growth of 5.5% compared to the previous year [3] - The company is actively expanding its market presence and maintaining relationships with existing customers, leading to growth in sales [3] - The digital production project for heat exchangers has been implemented, enhancing production capacity and efficiency [3] - The company is progressing steadily with its automotive thermal management system components project, with significant investments planned [4] Financial Summary and Valuation Indicators - Revenue for 2024 is estimated at 347 million yuan, with a year-on-year growth of 5.5% [7] - Net profit for 2024 is projected at 89 million yuan, with a year-on-year increase of 3.7% [7] - The company's gross margin is expected to be 39.2% in 2024, slightly down from 40.4% in 2023 [7] - The projected earnings per share (EPS) for 2024 is 0.75 yuan, with a price-to-earnings (P/E) ratio of 23.7 times [7] - The company’s total assets are expected to grow from 557 million yuan in 2023 to 602 million yuan in 2024 [7]