China Securities Intelligent Financial News Guoli Co., Ltd. (688103) disclosed its performance forecast on the evening of April 14, and it is expected to achieve operating income of 200 million yuan to 240 million yuan in the first quarter of 2025, a year-on-year increase of 38.53%-66.23%; net profit attributable to the parent company was 11 million yuan to 13 million yuan, a year-on-year increase of 164.38%-212.45%; The net profit after deduction is expected to be 9.3 million yuan to 11 million yuan, a year-on-year increase of 191.35%-244.61%. Based on the latest closing price, the price-to-book ratio (LF) is about 4.21 times and the price-to-sales ratio (TTM) is about 21.27 times.

Based on the average value of this disclosed performance forecast, the company's price-to-earnings ratio (TTM) chart in recent years is as follows

According to the data, the company's main products are DC contactors, contact point groups, vacuum relays, AC contactors, vacuum switch tubes, vacuum capacitors, high-power thyristors, high-power magnetrons, and high-power klystrins.

According to the announcement, the growth of this performance is due to the company's continuous development of new products, new customers and new markets. After long-term R&D investment and technology accumulation, the company has achieved a competitive advantage in the differentiated product market, and the company's business has entered a rapid stage of development. The company always puts customer needs in the first place, and carries out timely technology and product innovation with keen market insight, so that the company can maintain strong market competitiveness and sustained profitability.

The specific reasons for the change in performance are as follows: the high prosperity of the new energy vehicle industry: the continuous growth of downstream market demand has driven a significant increase in the company's product orders; Rapid growth in core product revenue: The sales revenue of the company's main products such as control boxes and relays grew rapidly year-on-year, and the profitability was enhanced; Cost and expense control optimization: The effect of reducing costs and increasing efficiency has been revealed, and the operational efficiency has been improved, which further promotes the growth of net profit.

Proofreading: Shen Nan

Indicator Annotation:

P/E ratio = total market capitalization / net profit. When the company loses money, the P/E ratio is negative, and it is not practical to use the P/E ratio for valuation, and the P/B ratio or P/B ratio is often used as a reference.

Price-to-book ratio = total market capitalization / net assets. The price-to-book ratio valuation method is mostly used for companies with large fluctuations in earnings and relatively stable net assets.

Price-to-sales ratio = total market capitalization / operating income. The price-to-sales ratio method is often used for growing companies that are losing money or making small profits.

The price-to-earnings ratio and price-to-sales ratio in this article are calculated using the TTM method, that is, the data for the 12 months up to the latest financial report (including forecast). The price-to-book ratio is calculated using the LF method, that is, based on the latest financial report data. The quantile calculation range of the three is from the company's listing to the latest announcement date.

When the P/E ratio and price-to-book ratio are negative, the current quantile is not displayed, which will cause the line chart to be interrupted.