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立讯精密(002475):在逆境中前行 公司业绩再次保持稳健增长

Lixun Precision (002475): In the face of adversity, the company's performance once again maintained steady growth

南京證券 ·  May 20

According to the company's 2023 annual report, the company achieved revenue of 231.905 billion yuan in 2023, an increase of 8.35% over the same period of the previous year; net profit attributable to shareholders of listed companies was 10.953 billion yuan, an increase of 19.53% over the same period last year. Net profit attributable to listed shareholders after deduction was $10.185 billion, an increase of 20.65% over the same period of the previous period; gross margin for 2023 was 11.58%, down about 0.61% from 12.19% in 2022. Although gross margin of communications products increased 4.67 percentage points, consumer electronics's revenue share was high, with revenue from low-margin system-level assembly products increasing. However, the company's net profit margin has remained around 5% in recent years, and the ROE (weighted) has remained above 20%. The two indicators performed brilliantly;

According to the company's first quarter report, Q1 in 2024 achieved operating income of 52.407 billion yuan, a year-on-year increase of 4.93%, achieving net profit attributable to shareholders of listed companies of 2,471 billion yuan, an increase of 22.45% year-on-year, and realized net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 2.183 billion yuan, an increase of 23.23% over the previous year;

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