CW Latest Report

Performance of the Quarterly Report

Based on the provided data, Curtiss-Wright Corporation (stock code: CW) recorded a total operating revenue of RMB824,313,000 as of December 31, 2024, up 4.88% from RMB785,791,000 as of December 31, 2023. This growth indicates a slight improvement in the company's operating revenue, possibly reflecting an enhanced sales capacity in the market.

Key Data in the Financial Report

1. Operating revenue growth of 4.88% indicates an improvement in the company's sales capacity.

2. Net profit in the 2023 fiscal year was US$355 million, up 20.75% year-on-year, indicating an improvement in the company's profitability.

3. Sales in the aerospace and defense sectors in 2024 drove growth in operating revenue and net profit, especially the contribution of new products.

4. The overall aerospace and defense industry rose by 0.69% in 2024, indicating that companies in the industry generally experienced revenue growth.

Peer Comparison

1. Industry-wide analysis: The overall aerospace defense industry experienced a seasonal fluctuation in demand in the first three quarters of 2024, but the medium- and long-term demand is optimistic, especially with the US military aircraft numbers leading, and the defense avionics system market demand is expected to exceed expectations. This suggests that the industry's recovery may have provided a favorable environment for Curtiss-Wright's operating revenue growth. [Source](https://www.sohu.com/a/828519608_323087)

2. Peer evaluation analysis: Curtiss-Wright's operating revenue growth rate is higher than the industry's 0.69%, indicating that it has strong market competitiveness and can achieve revenue growth even when the industry's overall performance is poor, showing its advantageous position in the market.

Summary

Through analysis, Curtiss-Wright's operating revenue growth in 2024 mainly benefited from the recovery of market demand, the launch of new products, and the optimization of sales strategies. These factors have contributed to the company's revenue growth, indicating its competitiveness in the aerospace and defense sectors is continuously enhanced.

Opportunities

1. The launch of new products may further drive future operating revenue growth.

2. The medium- and long-term demand in the industry is optimistic, which may provide continuous growth momentum for the company.

3. Continue to optimize sales strategies, expand market share, and enhance customer loyalty.

Risks

1. Overall industry demand fluctuations may affect the company's performance stability.

2. Intense competition may lead to a decrease in market share.

3. Uncertainty in the economic environment may affect the company's future growth.