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热点栏目自选股数据中心行情中心资金流向模拟交易客户端

  转自:北京商报

  2022—2024年,奥飞数据这家互联网云计算与大数据基础服务综合解决方案提供商的营收翻番,但净利润少了四分之一。4月20日晚间,奥飞数据发布了2024年财报及2025年一季度财报,数据显示2024年营收21.65亿元,较上年增长62.18%,净利润1.24亿元,较上年下滑12.2%,这种营收增利润跌的情况自2023年就已出现。

  2024年,奥飞数据主要为客户提供IDC(数据中心)服务及其他互联网综合服务,此外还有分布式光伏节能服务、光模块销售业务。从毛利率看,2024年奥飞数据两个营收支柱IDC服务及其他互联网综合服务,较上年均上涨,但同时销售费用、管理费用、财务费用、研发费用较上年的增幅则更高。

  净利润连降两年

  奥飞数据2024年财报的营收一栏,同时披露了2022年、2023年、2024年的营收和净利润等数据,其中营收分别是10.97亿元、13.35亿元、21.65亿元,逐年上涨,净利润分别是1.66亿元、1.41亿元、1.24亿元,逐年下滑,扣非净利润先增长后减少,在2022年、2023年、2024年分别是1.09亿元、1.27亿元和1.04亿元。

  和2024年财报同日发布的2025年一季度财报显示,营收5.36亿元,同比增长40.62%;净利润5174.76万元,同比增长2.47%。这意味着奥飞数据在最新一个季度不再增收不增利,实现了营收和净利润双增长。

  不过和2024年一季度净利润14.35%的同比增幅相比,奥飞数据2025年一季度2.47%的增幅就逊色不少。

  奥飞数据成立于2014年,是一家互联网云计算与大数据基础服务综合解决方案提供商,2018年登陆创业板。

  按产品分,奥飞数据2024年营收来自于四部分:IDC服务、其他互联网综合服务、分布式光伏节能服务、光模块销售服务,其中IDC服务、其他互联网综合服务是公司的营收支柱,在2024年分别贡献了64.05%和25.83%的营收,营收增幅分别是24.14%和264.22%。分布式光伏节能服务、光模块销售服务2024年的营收占比分别是4.07%和6.05%。

  值得注意的是,虽然奥飞数据净利润下滑,但两块核心业务的毛利率不降反增。2024年IDC服务毛利率29.7%,较上年增长2.1%,其他互联网综合服务毛利率16.15%,较上年增长0.69%。对于净利润连续下滑的原因,北京商报记者通过邮件采访了奥飞数据,截至发稿,对方未予回应。

  费用和负债上涨

  和净利润不同,奥飞数据的各项费用却呈上行趋势。

  2024年奥飞数据的销售费用、管理费用、财务费用和研发费用较上年均出现上涨,这四项费用中财务费用最高,从2023年的1.39亿元涨到2.24亿元,增幅61.12%,这主要是由于融资借款增加;研发费用排名第二,从2023年的2584.34万元涨到6657.13万元,增幅157.6%,这主要是公司加大研发投入所致。管理费用和销售费用分别是6228.32万元和2744.04万元,增幅分别是47.07%和52.93%,均是由于业务扩张所致。

  奥飞数据并未透露将如何降低上述费用,在与北京商报记者的交流中,奥优国际董事长张玥表达了自己的看法,“一般来说,公司的销售费用和研发费用是最容易降低的。销售费用可以通过精简开支、提高销售效率等方式降低,研发费用可以通过提高研发效率、减少不必要的研发支出等方式降低。对于管理费用和财务费用,通过涉及到公司内部的运营和管理流程,降低的难度较大”。

  另一个增长的数据是资产负债率,根据财报,2024年的资产负债率从2023年的64.08%扩大到71.12%。

  同样以2024年为例,营收规模略低于奥飞数据的上海数据港股份有限公司的资产负债率为56.24%,较2023年少了0.88个百分点。

  71.12%的资产负债率是一个健康的数字吗?奥飞数据对此保持沉默。

  根据招股书,2024年奥飞数据负债合计83.1亿元,2023年该数字为55.04亿元,其中流动负债从21.77亿元扩大到34.58亿元,非流动负债从33.26亿元扩大到48.53亿元。

  9个月时间一买一卖

  “资产负债率过高会影响企业的灵活性以及战略执行”,比达分析师李锦清告诉北京商报记者,他以奥飞数据在2024年先收购后出售的四川华拓(即四川华拓光通信股份有限公司)举例。

  2024年3月15日,奥飞数据发布公告称,中标四川华拓70%股份并签订产权交易合同,成交价为11.74亿元。11月29日,奥飞数据发布一则“关于转让四川华拓70%股权”的公告,成交价为13亿元,交易完成后公司将不再持有四川华拓股份,四川华拓也将不再纳入奥飞数据财务报表合并范围。

  也就是说,2024年3—11月奥飞数据先收购后出售四川华拓,后者是一家光模块与光器件研发生产商。值得注意的是,2024年奥飞数据财报营收表上光模块销售业务贡献的1.31亿元营收,占比总营收6.05%,这部分营收在2023年为0。

  谈到出售的目的和对公司的影响时,奥飞数据表示,“四川华拓作为光模块领域尤其是细分数通领域的追赶者,要实现后发赶超需要的后续投入较大。对公司而言,整体资产负债率呈上升趋势,出售四川华拓70%股权有助于公司聚焦主业,交易所得款项将用于补充公司的流动资金和数据中心项目建设,有助于降低公司资产负债率”。

  据悉,奥飞数据积极推进廊坊固安、广州南沙、天津武清、成都双流等大型数据中心、智算中心项目的建设与交付工作。

  财报显示,目前奥飞数据在建项目广州南沙数据中心、廊坊固安数据中心项目工程只部分完工,其中广州南沙数据中心项目累计实际投入11.14亿元,累计实现营收2.31亿元;廊坊固安数据中心累计实际投入28.14亿元,累计实现营收5.14亿元。

  上述两个项目何时完工?截至北京商报记者发稿,奥飞数据未予回应。

  北京商报记者魏蔚

  里士满联储行长TomBarkin表示,美国经济保持良好状态,但企业投资和消费者支出前景存在隐忧。

  Barkin周二在弗吉尼亚州里士满的BigDipperInnovationSummit上表示,公司“大多数情况下没有裁员,但处于防守状态,这包括冻结招聘、推迟投资,或者推延、搁置”。

  美国总统唐纳德·特朗普的贸易战所带来的不确定性日益加剧,导致企业和消费者信心急剧下降。

  “我认为有很多理由对消费者支出感到担忧,”Barkin说。“比如,消费者信心在过去几个月显著下降,而且消费者似乎对通胀和失业感到更担心。”

里士满联储行长TomBarkin

  这位里士满联储行长强调,目前来看,消费者支出具有韧性,失业率依然处于低位,实际工资仍为正值,使得消费者保有消费能力。

  “这种状况能否持续下去,我们还有待观察,”他说。

当地时间22日,美国总统特朗普称美联储应该降低利率,且他无意解雇美联储主席鲍威尔。此外,特朗普还表示,希望美联储主席鲍威尔在利率问题上采取更加积极的行动。

近期,美国总统特朗普施压美联储降息。在第一任期中,特朗普就频繁公开批评美联储及美联储主席鲍威尔,经常敦促美联储降息。开启第二任期以来,特朗普也多次对鲍威尔施压,要求其降息。4月17日,特朗普再度对鲍威尔施压,要求美联储立即降息。特朗普还称,鲍威尔的行动总是“又迟又错”。他说,行动太慢的鲍威尔早该像欧洲央行一样降息了,现在更应该立即降息。他还说,鲍威尔“越早走人越好”。而特朗普威胁解职鲍威尔的言论令市场不安。据彭博社21日报道,由于担心美国总统特朗普可能解雇美联储主席杰罗姆·鲍威尔,引发投资者抛售美国股票、债券和美元,金价飙升至历史新高。

美国联邦储备委员会主席鲍威尔表示,美联储不会屈从政治压力,面对特朗普政府近期关税政策带来的复杂经济局面,美联储将重点考虑对抗通货膨胀。(央视记者刘骁骞)

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