研報掘金丨光大證券:維持石頭科技“增持”評級,產品力領先+推新迭代快速支撐盈利能力長期上行
光大證券研報指出,石頭科技(688169.SH)24年歸母淨利潤/扣非歸母淨利潤20/16億元,同比-4%/-11%;全年合計現金分紅2億元,年度現金分紅比例達10.0%。資產負債方面,2024年末公司貨幣資金+交易性金融資產65億元,佔總資產比達37%,經營安全墊充分;應收票據及應收賬款同比增加278%、應付票據及應付賬款同比增加88%。現金流方面,2024年末公司經營性活動現金流量淨額17億元,同比-21%。公司爲智能掃地機器人領域的頭部企業,公司研發實力強勁,產品力領先+推新迭代快速支撐盈利能力長期上行,考慮到國內外經濟緩慢復甦,維持“增持”評級。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.