NEWT Latest Report

Financial Performance

Based on the provided data, NewtekOne's total operating revenue in 2024 was RMB753.66 million, a YoY growth of 31.30% from RMB574.08 million in 2023. This growth reflects a significant improvement in the company's operating revenue, possibly due to increased market demand or strategic adjustments.

Key Financial Data

1. NewtekOne's total operating revenue grew by 31.30% YoY, indicating a strong growth momentum in its operating revenue.

2. The gross margin reached 60.0% in 2024, up from 59.3% in 2023, reflecting the company's success in cost control and efficiency improvement.

3. The net profit attributable to parent also achieved significant growth, indicating the company's overall financial health.

4. Although market expenses increased, overall operating expenses were effectively controlled, demonstrating good financial management capabilities.

5. NewtekOne's P/E ratio is still lower than the industry average, indicating its relatively reasonable valuation.

Peer Comparison

1. Industry-wide analysis: NewtekOne's total operating revenue growth is closely related to the overall industry performance. The electronic components industry is experiencing a recovery, especially in the AI and new energy vehicle sectors, where demand growth is strong, contributing to the company's revenue improvement. The gradual recovery of the overall industry provides newtekone with a good market environment.

2. Peer evaluation analysis: NewtekOne's 31.30% growth rate is outstanding in the industry. If the industry average growth rate is lower than this, it indicates that NewtekOne has strong competitiveness in the market. Meanwhile, the improvement in its gross margin also indicates its stable position in the industry and its ability to effectively respond to market competition.

Conclusion

Through the analysis of NewtekOne's financial data, it can be seen that the company has achieved significant improvements in its total operating revenue and gross margin, indicating its enhanced competitiveness in the market. The growth of market demand, successful implementation of company strategies, and effective financial management are important factors driving the company's performance growth. In the future, with the overall recovery of the industry and further optimization of the company's strategies, NewtekOne is expected to maintain its growth momentum.

Opportunities

1. With the recovery of the electronic components industry, NewtekOne can further enhance its operating revenue by expanding its product line and market share.

2. Technological innovations in new energy and smart manufacturing may bring new growth points to meet the market's demand for high-tech products.

3. By strengthening its cooperation with customers, NewtekOne has the opportunity to further enhance its market share and brand influence.

4. The company plans to raise funds through a private placement to expand production capacity, which will help cope with future demand growth.

Risks

1. Intensified competition in the industry may put pressure on NewtekOne's market share and pricing strategies.

2. Although the gross margin has improved, rising raw material prices or increased production costs may affect the company's profitability.

3. The development and market strategy adjustments of new products may face uncertainties, which need to be cautiously managed to maintain performance growth.

4. Fluctuations in the overall industry demand may affect the company's future operating revenue and profit levels.