2024年計(jì)算機(jī)行業(yè)一季報(bào)總結(jié)：收入企穩(wěn)分化顯著

收入企穩(wěn)，分化顯著—2024年計(jì)算機(jī)行業(yè)一季報(bào)總結(jié)分析師：吳婷婷SAC編號(hào)：S0870523080001截止2024年4月30日，計(jì)算機(jī)行業(yè)2024年一季報(bào)披露完畢，我們選取申萬計(jì)算機(jī)343支標(biāo)的作1）收入企穩(wěn)回升，歸母凈利潤(rùn)下滑。整體法下，2024Q1行業(yè)整體收入為2424.17億元，同比增加5.27%，增速較2023Q1（-1.25%）提升6.52pcts；利潤(rùn)下滑明顯，歸母凈利潤(rùn)同比下降96.99%，扣非歸母凈利潤(rùn)同比下降231.09%。中位數(shù)法下，收入同比減少4.84%，歸母凈利潤(rùn)同比下降211.72%，扣非歸母凈利潤(rùn)同比下降376.76%。經(jīng)我們測(cè)算，計(jì)算機(jī)行業(yè)公司經(jīng)營(yíng)的季節(jié)性明顯，Q1淡季收入占比偏低，而利潤(rùn)占比更低，我們認(rèn)為單看Q1利潤(rùn)端2）毛利率下降，費(fèi)用率基本持平。2024Q1行業(yè)整體毛利率為25.36%，同比下降1.16pcts,三大費(fèi)用率基本持平，同比小幅下降，銷售費(fèi)用率、管理費(fèi)用率、研發(fā)費(fèi)用率分別為8.68%、6.10%、10.95%，收入端：從2024Q1各板塊營(yíng)收增速中位數(shù)來看，除國(guó)防IT外，其余板塊均實(shí)現(xiàn)增長(zhǎng)。其中，工業(yè)軟件（24.11%）、人工智能（11.96%）、云計(jì)算(11.11%）、智能汽車（10.50%）、信創(chuàng)（9.77%）位列前利潤(rùn)端：從2024Q1年各板塊扣非歸母凈利潤(rùn)增速中位數(shù)來看，智能汽車（22.81%）、信創(chuàng)（17.68%）、云計(jì)算（17.34%）、人工智能（11.71%）、2024Q1機(jī)構(gòu)持倉(cāng)回落，人工智能為最受關(guān)注板塊，持股基金數(shù)為1267家，同比-753家。持股基金數(shù)前十的計(jì)算機(jī)公司包括?？低暋⒔鹕睫k公、諾233當(dāng)前計(jì)算機(jī)板塊整體處于歷史低估值水平。截至2024年4月30日，計(jì)算機(jī)板塊市盈率-TTM為48.40，歷史中位數(shù)為57.67，分位點(diǎn)處于近十年的17.69%。計(jì)算機(jī)指數(shù)（申萬）過去10年市盈率-TTM低點(diǎn)為34.65，發(fā)生于2022年4月；歷史高點(diǎn)為159.70，發(fā)生于2015年6月。PE(TTM)近十年P(guān)E中位數(shù)18016014012010080604020044根據(jù)iFinD數(shù)據(jù)統(tǒng)計(jì)，2024Q1機(jī)構(gòu)重倉(cāng)持股按持股基金數(shù)前十的計(jì)算機(jī)公司如下表所示：海康威視、金山辦公、諾瓦星云、科大訊飛、德賽西威、浪潮信息、大華股份、中科曙光、恒生電子、寶信軟件。根據(jù)iFinD數(shù)據(jù)統(tǒng)計(jì)，2024Q1按基金持股數(shù)量前十的計(jì)算機(jī)公司如下表所示：海康威視、網(wǎng)宿科技、衛(wèi)寧健康、納思達(dá)、科大訊飛、浪潮信息、大華股份、紫光股份、巖山科技、三六零。 公募基金持股市值金山辦公 公募基金持股市值7資料來源：資料來源：iFinD，上海證券研究所資料來源：iFinD，上海證券研究所2024Q1機(jī)構(gòu)持倉(cāng)回落，人工智能為最受關(guān)注板塊。該部分選取12個(gè)子行業(yè)共計(jì)161家公司進(jìn)行分析。2024Q1各子行業(yè)持股基金數(shù)量排名依次為：人工智能（1267家，同比-753家）、信創(chuàng)（563家，同比-379家）、云計(jì)算（371家，同比-267家)、工業(yè)軟件（327家，同比-237家）、金融IT（262家，同比-402家）、智能汽車（255家，同比-2家）、網(wǎng)絡(luò)安全（146家,同比-402家）、能源IT（87家，同比-57家）、政務(wù)IT（71家，同比-154家）、醫(yī)療IT（66家，同比-136家）、軍工IT(64家，同比-65家）、教育IT（13家，同比持平）。2024Q12023Q1262255257人工智能信創(chuàng)云計(jì)算5細(xì)分板塊股票代碼股票名稱歸母凈利潤(rùn)（億元）20232024E2025E2026E20232024E2025E2026E云計(jì)算600588用友網(wǎng)絡(luò)-9.672.535.917.34-62.88157.4167.2754.25397.92002410廣聯(lián)達(dá)6.519.1610.19246.3428.9120.5618.48188.30603613國(guó)聯(lián)股份14.2823.3331.770.0011.138.065.920.00187.95002153石基信息3.930.00-254.08108.2150.030.00196.50300017網(wǎng)宿科技6.136.628.0610.2131.2134.8928.6622.61230.90603171稅友股份0.832.603.764.62172.7939.2427.1022.06101.96300738奧飛數(shù)據(jù)2.103.174.3971.4554.7836.3126.19115.01000938紫光股份21.0327.9033.7635.6826.3221.4817.7516.79599.19000977浪潮信息17.8322.5427.3031.6327.4126.7122.0619.04602.25688095福昕軟件-0.91-0.370.290.85-70.27-148.78194.0064.7555.31688158優(yōu)刻得-3.430.010.00-21.75-32.623,821.210.0054.64600602云賽智聯(lián)2.392.933.3782.0376.2562.1454.04155.11603881數(shù)據(jù)港74.2256.6846.5744.1486.71300383光環(huán)新網(wǎng)3.885.927.608.9345.0428.4622.1918.88168.61人工智能688111金山辦公13.1816.7722.1228.28110.7985.3664.7150.631431.63002415海康威視141.08166.59192.51221.8922.9618.5416.0513.923089.36002230科大訊飛6.5710.4113.1515.74163.40100.3579.4266.351044.47688327云從科技-6.43-7.17-5.430.00-27.17-23.430.00127.23002236大華股份73.6239.9547.2752.658.2614.8412.5411.26592.67300229拓爾思0.362.413.293.98367.7051.8438.0031.40124.86300624萬興科技0.862.24151.1195.7369.4356.62126.69688256寒武紀(jì)-8.48-5.80-2.850.00-66.27-123.01-250.390.00714.00688039當(dāng)虹科技-0.100.060.42-29.29-297.12525.7971.1130.13688088虹軟科技0.882.062.62188.3093.0566.9752.57137.84688207格靈深瞳-0.90-0.010.180.05-60.09-3441.75196.67688.3534.42688343云天勵(lì)飛-3.83-3.520.00-45.65-30.24-54.030.00106.43細(xì)分板塊股票代碼股票名稱歸母凈利潤(rùn)（億元）20232024E2025E2026E20232024E2025E2026E信創(chuàng)688041海光信息12.6317.2523.5131.91130.61106.7678.3657.721842.04002180納思達(dá)-61.8514.9420.7223.59-5.1824.0017.3115.20358.64603019中科曙光18.3623.2028.3432.8631.4830.0824.6321.24697.83688047龍芯中科-3.290.632.44-134.64550.60142.47224.53348.03000066中國(guó)長(zhǎng)城-9.774.505.720.00-33.4070.1655.180.00315.48600536中國(guó)軟件-2.330.000.000.00-133.940.000.000.00259.54300212易華錄2.823.32120.0256.5247.96159.41300379東方通-6.730.000.000.000.000.000.0060.81002368太極股份3.755.126.307.9249.0528.5723.2318.47146.27000034神州數(shù)碼11.7214.2917.3720.5217.0914.4511.8910.06206.50688152麒麟信安-0.300.000.000.00-183.180.000.000.0036.77301236軟通動(dòng)力5.349.8612.1911.6882.4640.7232.9534.39401.66688118普元信息-0.160.560.870.00-182.2227.7517.790.0015.54603508思維列控4.125.056.126.7714.5316.4913.6012.2983.27300996普聯(lián)軟件0.622.052.5374.6120.5016.1613.1133.13300634彩訊股份3.253.794.725.7028.2323.2018.6115.4487.92688258卓易信息0.5676.6426.6818.7524.5032.34603039泛微網(wǎng)絡(luò)2.222.883.0768.4042.6432.9130.8094.68688369致遠(yuǎn)互聯(lián)-0.500.86-79.6826.1316.7617.2722.46688031星環(huán)科技-2.88-0.12-27.28-33.64-457.1739.3554.40688058寶蘭德0.150.000.000.00182.080.000.000.0020.16300598誠(chéng)邁科技0.060.790.0038.111065.3180.910.0063.92603138海量數(shù)據(jù)-0.810.090.540.00-62.08437.4272.900.0039.37300925法本信息2.192.933.8844.5220.6315.4211.6545.19002261拓維信息0.45419.4190.84137.2896.25177.10603039泛微網(wǎng)絡(luò)2.222.883.0768.4042.6432.9130.8094.686細(xì)分板塊股票代細(xì)分板塊股票代碼股票名稱歸母凈利潤(rùn)（億元）20232024E2025E2026E20232024E2025E2026E全003029吉大正元2.364.91-23.1443.9322.9011.0054.03002212天融信-3.714.055.294.68-31.2018.1813.9015.7273.53300768迪普科技2.072.6575.1455.7443.6034.0390.07688244永信至誠(chéng)0.31124.3131.5222.7926.6631.45603232格爾軟件0.370.8786.4142.8130.2625.6537.17688651盛邦安全0.430.8283.4731.3821.9822.2825.84688489三未信安0.672.0779.6024.8718.8219.6238.95688030山石網(wǎng)科-2.40-0.210.77-103.4828.7720.9322.19002268電科網(wǎng)安3.494.345.396.6554.4634.7327.9922.66150.71智能汽車002920德賽西威15.4721.2627.6534.8246.4732.8625.2620.06698.59300496中科創(chuàng)達(dá)4.666.929.0010.7178.9932.4024.8920.92224.07002405四維圖新-4.910.00-36.13-156.970.00177.38688326經(jīng)緯恒潤(rùn)-2.173.543.73-64.1047.5421.6520.5876.71002869金溢科技0.490.000.000.0073.690.000.000.0034.58688208道通科技5.096.638.2059.8823.8818.3214.83121.55600718東軟集團(tuán)0.743.064.345.49151.8633.4723.6218.69102.53301221光庭信息-0.150.430.550.69-349.1585.7966.6653.0336.57002373千方科技5.426.918.299.4232.6622.4318.7116.46155.02688288鴻泉物聯(lián)-0.720.880.00-33.3016.5812.130.0014.66002970銳明技術(shù)2.800.0051.9230.1319.370.0054.24金融IT600570恒生電子14.2417.9021.2023.0138.3721.8118.4116.97390.38300674宇信科技3.264.055.045.7435.5222.5718.1415.9291.39600446金證股份3.694.565.626.3229.6124.1619.5917.42110.11300348長(zhǎng)亮科技0.322.122.89234.8143.0826.3619.3655.99002987京北方3.484.345.346.3823.5917.3714.1011.8175.33300663科藍(lán)軟件0.000.000.00-53.140.000.000.0048.90細(xì)分板塊股票代碼股票名稱歸母凈利潤(rùn)（億元）20232024E2025E2026E20232024E2025E2026E工業(yè)軟件301269華大九天2.013.123.91286.32242.50135.95108.56424.58688777中控技術(shù)11.0213.2516.3520.1232.3528.4323.0418.72376.55688188柏楚電子7.299.9313.2517.6950.8147.8735.8626.86475.23688083中望軟件0.61196.6386.6153.3253.27100.94688206概倫電子-0.560.000.320.54-167.9336415.80208.91123.7766.46300687賽意信息2.543.294.114.6035.1121.5517.2715.4270.95300378鼎捷軟件2.392.9838.1924.8219.8615.9347.46603859能科科技2.203.284.294.9728.6318.2013.8911.9959.61600845寶信軟件25.5431.1338.8447.4545.9331.6825.3920.78830.51301095廣立微2.514.164.86116.0441.3624.9421.36103.74300935盈建科-0.400.000.000.00-54.170.000.000.0013.78688083中望軟件0.61196.6386.6153.3253.27100.94全601360三六零-4.920.452.533.31-130.731354.44240.91184.14609.50300454深信服3.425.145.96153.4067.1944.6738.59229.82688561奇安信0.723.525.046.34382.8360.0742.0133.38211.72002439啟明星辰7.4110.1312.5914.7634.3823.7919.1516.33241.07688023安恒信息-3.600.86-24.3352.6326.3524.7445.07300188國(guó)投智能-2.062.513.223.85-66.9645.9435.9029.96115.43688225亞信安全-2.910.70-25.2083.7740.2830.5458.64300369綠盟科技-9.772.223.192.50-7.7224.1716.7621.3853.55300352北信源0.070.000.000.001045.640.000.000.0067.56688201信安世紀(jì)0.112.56377.0320.6815.7123.2840.27300659中孚信息0.000.000.00-26.900.000.000.0041.19688168安博通0.120.000.000.00234.110.000.000.0023.90603496恒為科技0.792.183.244.23126.6542.8328.8822.1493.577細(xì)分板塊股票代細(xì)分板塊股票代碼股票名稱歸母凈利潤(rùn)（億元）20232024E2025E2026E20232024E2025E2026E教育IT300559佳發(fā)教育2.653.3547.2624.1818.1314.3447.98301185鷗瑪軟件0.770.0040.7625.9320.570.0027.35300645正元智慧0.420.000.000.0061.750.000.000.0019.22003005競(jìng)業(yè)達(dá)0.100.000.000.00453.850.000.000.0039.06300248新開普0.000.000.0042.490.000.000.0035.39政務(wù)IT688232新點(diǎn)軟件3.724.694.0661.3420.4816.2318.7376.10000032深桑達(dá)A3.304.325.707.1873.1246.3235.0927.87200.17300525博思軟件3.274.265.586.7434.3322.8817.4714.4497.39300075數(shù)字政通3.013.985.0481.3532.3224.4719.3297.27002908德生科技0.7384.1433.5326.2927.3039.82301153中科江南3.003.985.176.4850.7928.7422.1417.68114.48603636南威軟件0.560.000.000.00134.560.000.000.0051.99002279久其軟件0.000.000.00-39.630.000.000.0045.33688579山大地緯0.8162.6025.3930.4924.6437.20002474榕基軟件0.830.00-28.1139.7427.000.0032.79002421達(dá)實(shí)智能0.000.000.0059.490.000.000.0059.59600728佳都科技3.952.722.9031.0861.8535.5833.3596.72300271華宇軟件0.000.000.00-5.120.000.000.0049.63600756浪潮軟件0.910.000.000.0049.400.000.000.0037.98軍工IT688066航天宏圖-3.743.084.224.42-29.4818.9713.8313.2058.35688568中科星圖3.434.886.849.0752.4840.1828.6721.61196.07301302華如科技-2.220.0024.5221.650.0029.66603516淳中科技0.173.29238.0257.9736.8321.2369.86002544普天科技0.362.613.293.25389.7165.0251.6152.26169.97688175高凌信息0.460.000.000.0056.350.000.000.0021.42688682霍萊沃0.270.720.97128.0031.0523.1217.4722.42301117佳緣科技-0.05-939.5425.0416.5821.8629.25細(xì)分板塊股票代碼股票名稱歸母凈利潤(rùn)（億元）20232024E2025E2026E20232024E2025E2026E金融IT603383頂點(diǎn)軟件2.332.893.594.2236.1822.5318.1115.4065.05300130新國(guó)都7.559.4811.9713.8517.8412.8410.178.79121.77300377贏時(shí)勝0.680.000.000.0086.180.000.000.0045.97300166東方國(guó)信-3.862.593.090.00-28.0433.2827.900.0086.20300531優(yōu)博訊0.140.290.45-30.16248.73120.0877.3834.82300803指南針0.732.634.155.52339.3873.4446.5535.03193.2330003314.0216.7319.4321.6260.1338.8433.4630.06650.01688318財(cái)富趨勢(shì)3.113.814.805.5453.1245.2135.8631.09172.24300542新晨科技0.360.780.00107.5547.4435.630.0036.78000555神州信息2.074.395.707.1153.6230.0523.1418.54131.83301208中亦科技2.002.2526.6917.6415.3513.6430.706039276.557.909.3410.1627.1821.7018.3516.88171.43688590新致軟件0.692.290.0084.6728.2319.810.0045.31000948南天信息2.052.532.9038.1527.6822.4319.5756.74002065東華軟件4.380.000.000.0045.110.000.000.00175.34300253衛(wèi)寧健康3.585.467.048.8243.2327.2221.1316.86148.75300168萬達(dá)信息-8.994.190.000.0020.030.000.0083.85300451創(chuàng)業(yè)慧康0.372.823.754.61276.5723.4217.6614.3466.15002777久遠(yuǎn)銀海2.452.862.9361.0532.0627.4526.7978.42688246嘉和美康0.42108.9125.0917.4118.2032.94300078思創(chuàng)醫(yī)惠-8.740.000.000.00-4.370.000.000.0026.63300550和仁科技0.390.000.000.00100.620.000.000.0028.44能源IT300682朗新集團(tuán)6.047.769.589.9229.7613.9511.3010.91108.23688248南網(wǎng)科技2.814.496.397.9950.1336.9025.9120.73165.63002063遠(yuǎn)光軟件3.444.335.256.2634.2123.3019.2116.10100.78301162國(guó)能日新0.8461.1235.3027.0721.2941.20688078龍軟科技0.8434.4517.2313.6811.8919.09300275梅安森0.450.0078.0628.7819.420.0029.26300365恒華科技0.180.430.73227.0374.0843.6330.0531.85600131國(guó)網(wǎng)信通8.2810.3311.8111.8022.0019.9417.4517.46206.03688060云涌科技-0.070.000.000.00-418.330.000.000.0019.818我們選取申萬計(jì)算機(jī)343支成分股，總結(jié)計(jì)算機(jī)2024Q1的經(jīng)營(yíng)情況。計(jì)算機(jī)行業(yè)2024Q1總體營(yíng)收增速回升，凈利潤(rùn)下滑。整體法下，2024Q1行業(yè)整體收入為2424.17億元，同比增加5.27%，增速較2023Q1（-1.25%）提升6.52pcts；利潤(rùn)下滑明顯，歸母凈利潤(rùn)同比下降96.99%，扣非歸母凈利潤(rùn)同比下降231.09%。中位數(shù)法下，收入同比減少4.84%，歸母凈利潤(rùn)同比下降211.72%，扣非歸母凈利潤(rùn)同比下降376.76%。經(jīng)我們測(cè)算，計(jì)算機(jī)行業(yè)公司經(jīng)營(yíng)的季節(jié)性明顯，Q1淡季收入占比偏低，而利潤(rùn)占比更低，我們認(rèn)為單看Q1利潤(rùn)端的表現(xiàn)指導(dǎo)意義不大。0資料來源：iFinD，上海證券研究所0資料來源：iFinD，上海證券研究所92024Q1行業(yè)毛利率下降，三費(fèi)支出小幅回落。2024Q1行業(yè)整體毛利率為25.36%，同比下降1.16pcts,三大費(fèi)用率基本持平，同比小幅下降，銷售費(fèi)用率、管理費(fèi)用率、研發(fā)費(fèi)用率分別為8.68%、6.10%、10.95%，分別同比變動(dòng)-0.24pcts、-0.06pcts、-0.25pcts。資料來源：iFinD，上海證券研究所資料來源：資料來源：iFinD，上海證券研究所40%35%30%25%20%15%10%5%0%-5%云計(jì)算人工智能信創(chuàng)工業(yè)軟件網(wǎng)絡(luò)安全智能汽車40%35%30%25%20%15%10%5%0%-5%云計(jì)算人工智能信創(chuàng)工業(yè)軟件網(wǎng)絡(luò)安全智能汽車金融IT醫(yī)療IT能源IT教育IT政務(wù)IT國(guó)防IT20%0%-20%-40%-60%-80%-100%該部分選取12個(gè)子行業(yè)共計(jì)161家公司進(jìn)行分析。收入端：從2024Q1各板塊營(yíng)收增速中位數(shù)來看，除國(guó)防IT外，其余板塊均實(shí)現(xiàn)增長(zhǎng)。其中，工業(yè)軟件（24.11%）、人工智能（11.96%）、云計(jì)算（11.11%）、智能汽車（10.50%）、信創(chuàng)（9.77%）位列在前，云計(jì)算、人工智能收入增速顯著優(yōu)于2023Q1同期。利潤(rùn)端：從2024Q1年各板塊扣非歸母凈利潤(rùn)增速中位數(shù)來看，智能汽車（22.81%）、信創(chuàng)（17.68%）、云計(jì)算(17.34%）、人工智能（11.71%）、醫(yī)療IT（5.34%）位列前五。2022Q12023Q12024Q12022Q12022Q12023Q12024Q140%云計(jì)算云計(jì)算人工智能信創(chuàng)工業(yè)軟件網(wǎng)絡(luò)安全智能汽車金融IT醫(yī)療IT能源IT教育IT政務(wù)IT國(guó)防IT-10%40.00%30.00%20.00%10.00% 0.00%-10.00%-20.00%云計(jì)算34.67%26.50%30.00%25.00%20.00%15.00%10.00% 5.00% 0.00% -5.00%-10.00%-15.00%1Q20212Q20213Q20214Q2021-12.02%60.00%61.41%40.00%70.00%60.00%50.00%40.00%30.00%20.00%40.00%30.00%20.00%10.00% 0.00%-10.00%-20.00%云計(jì)算34.67%26.50%30.00%25.00%20.00%15.00%10.00% 5.00% 0.00% -5.00%-10.00%-15.00%1Q20212Q20213Q20214Q2021-12.02%60.00%61.41%40.00%70.00%60.00%50.00%40.00%30.00%20.00%10.00%0.00%14.66%4.17%1Q20213Q2021-9.88%2Q20214Q202150.00%40.00%42.25%40.00%20.00%30.00%20.00%10.00%30.00%20.00%29.62%18.87%25.82%0.00%16.04%7.53%-20.00%-40.00%0.00%-10.00%-20.00%10.00%-2.65%0.00%-10.00%1Q20211Q20221Q20231Q2024-60.00%-10.10%1Q202324.57%1Q20211Q202226.17%1Q2024以下對(duì)12個(gè)子行業(yè)的收入及扣非歸母凈利潤(rùn)進(jìn)行整體法分析。云計(jì)算：收入同比增長(zhǎng)26.17%，扣非歸母凈利潤(rùn)同比增長(zhǎng)17.34%云計(jì)算17.34%17.34%10.16%人工智能：收入同比增長(zhǎng)9.87%，扣非歸母凈利潤(rùn)同比增長(zhǎng)11.71%人工智能人工智能30.00%25.00%20.00%15.00%10.00%5.00%0.00%24.55%15.87%11.71%9.30%1Q20212Q20213Q20214Q202160.00%50.00%40.00%30.00%20.00%10.00%0.00%-10.00%19.22%-2.18%19.22%-2.18%9.87%1Q20211Q20221Q20231Q2024工業(yè)軟件：收入同比增長(zhǎng)25.82%，扣非歸母凈利潤(rùn)同比增長(zhǎng)4.17%信創(chuàng)：工業(yè)軟件：收入同比增長(zhǎng)25.82%，扣非歸母凈利潤(rùn)同比增長(zhǎng)4.17%工業(yè)軟件工業(yè)軟件信創(chuàng)信創(chuàng)工業(yè)軟件工業(yè)軟件信創(chuàng)53.01%36.77%53.01%17.68%17.68%9.39%1Q20212Q20213Q20214Q2021-51.25%1Q20211Q20221Q20231Q20241Q20211Q20221Q2023網(wǎng)絡(luò)安全：收入同比下降8%，扣非歸母凈利潤(rùn)同比增長(zhǎng)3.56%。智能汽車：收入同比增長(zhǎng)20.96%，扣非歸母凈利潤(rùn)同比增長(zhǎng)22.81%35.00%30.00%25.00%20.00%15.00%10.00% 5.00% 0.00% -5.00%-10.00%網(wǎng)絡(luò)安全22.50%3.56%網(wǎng)絡(luò)安全22.50%3.56%-12.44%網(wǎng)絡(luò)安全30.28%16.91%-1.71%-8.00%-1.71% 1Q20211Q20221Q20231Q202425.00%20.00%15.00%10.00% 5.00% 0.00% -5.00%-10.00%-15.00%金融IT：收入同比下降3.21%，扣非歸母凈利潤(rùn)同比下降14.89%智能汽車智能汽車60.00%40.00%20.00% 0.00%-20.00%-40.00%-60.00%-80.00%37.83% 37.83% 27.93%22.81%1Q20212Q20213Q20214Q2021-72.53%45.61%21.30%20.96%14.83%45.61%21.30%20.96%14.83%40.00%30.00%20.00%10.00%0.00%1Q20211Q20221Q20231Q2024醫(yī)療IT：收入同比增長(zhǎng)3.14%，扣非歸母凈利潤(rùn)同比增長(zhǎng)5.34%金融IT40.00%35.00%30.00%25.00%20.00%15.00%10.00% 5.00% 0.00% -5.00%-10.00%33.38%18.50% 7.84% -3.21%1Q20211Q20221Q20231Q2024金融IT100.00%80.00%60.00%40.00%20.00% 0.00%-20.00%-40.00%85.12%12.18%-14.89%2Q2021-22.17%2Q20211Q20213Q20214Q20211Q20213Q2021醫(yī)療IT40.00%35.00%30.00%25.00%20.00%15.00%10.00% 5.00%0.00%34.35%12.15%3.14% 2.98%3.14%1Q20211Q20221Q20231Q2024醫(yī)療IT80.00% 60.00% 40.00% 20.00% 0.00% -20.00% -40.00% -60.00% -80.00%-100.00%53.79%30.98%5.34%1Q202153.79%30.98%5.34%1Q20212Q20213Q20214Q2021-92.56%22.11%25.00%20.00%15.00%10.00%5.00%0.00%34.24%40.00%35.00%30.00%25.00%20.00%15.00%10.00% 5.00%22.11%25.00%20.00%15.00%10.00%5.00%0.00%34.24%40.00%35.00%30.00%25.00%20.00%15.00%10.00% 5.00% 0.00% -5.00%-10.00% 1Q20211Q20221Q20231Q2024能源IT