Performance overview: Dianke figures issued a performance forecast on the evening of January 30, 2023. The company expects a net profit of about 500 million yuan to 550 million yuan in 2022, an increase of about 177 million yuan to 227 million yuan compared with the same period last year, an increase of 54.65% and 70.12% over the same period last year. The company expects to realize non-return net profit of about 505 million yuan to 555 million yuan in 2022, an increase of about 193 million yuan to 243 million yuan compared with the same period last year, and an increase of 61.68% Mu 77.68% over the same period last year. The company optimized the industrial layout and carried out major asset restructuring. The company completed the issue of shares to purchase 100% of the equity of Shanghai Baifei Electronic Technology Co., Ltd., increased the scope of the consolidated statement, and achieved a substantial increase in profits in 2022. In the face of complex and severe external environment, internal economic growth pressure and multi-point sporadic epidemic situation, increase investment in technological research and development, expand digital product atlas, enhance core competitiveness and profitability, and achieve steady business growth.
The financial ecology laboratory has made progress, and the company's performance has been highly recognized by the industry. The company has made a lot of progress in close cooperation with Financial Xinchuang Ecological Laboratory in ecological adaptation verification, Xinchuang consulting planning and key technologies based on financial business scenarios, and made positive contributions to the construction and improvement of the laboratory 1N system. The company received a thank-you letter from Finance Xinchuang Ecology Lab on December 16, 2022. The laboratory expresses its gratitude for the positive role and support and help provided by electronic digital in the ecological construction of financial information innovation, and looks forward to more and deeper cooperation and concerted efforts with electronic digital in the future. we will jointly promote the high-quality development of financial information innovation. This indicates that the comprehensive strength of electronic digital in the field of financial innovation has been highly recognized by the industry.
Establish deep cooperation with Huawei and win the honor of high-quality solution. As an important strategic partner of Huawei, the company has carried out in-depth cooperation in finance, large enterprises, intelligent manufacturing and other industries, and its performance has grown rapidly in recent years, ploughing financial banks and joint-stock banks to break through intelligent manufacturing. Huawei's product lines and business lines work hand in hand to help customers accelerate their digital transformation, and the company has won the "Global Outstanding sales partner" award in Huawei's 2022 Outstanding partner Award.
Investment suggestion: the company has clearly defined the strategic positioning of the head of the overall digital solution for the industry, through in-depth promotion of information technology, big data, artificial intelligence, Internet of things and other technology and business integration and innovation, build an industry digital architecture system, create an integrated digital infrastructure base, and establish a situation awareness and business enabling service platform. Focus on financial technology, transportation, intelligent water conservancy, intelligent medical care and other key areas, expand a variety of intelligent application scenario solutions, empower the digital transformation of customers in the industry. We forecast that the operating income of the company from 2022 to 2024 will be 106.19, 128.85, 15.318 billion yuan, the net profit will be 5.45,6.78 and 757 million yuan, the EPS will be 0.80,0.99,1.11 yuan per share, and the corresponding PE will be 30,24,21 times, maintaining the "recommended" rating.
Risk hint: Baifei electronic business integration is not as expected, industry competition intensified.
