KCGJ(SH:600097)2025-03-28 11:55Financial Performance - The company's operating revenue for 2024 reached CNY 2,315,558,903.89, representing a 14.94% increase compared to CNY 2,014,553,819.25 in 2023[23]. - The net profit attributable to shareholders for 2024 was CNY 61,190,936.77, a decrease of 58.76% from CNY 148,363,220.94 in 2023[23]. - The basic earnings per share for 2024 was CNY 0.25, down 59.68% from CNY 0.62 in 2023[24]. - The net profit after deducting non-recurring gains and losses was CNY 59,722,936.91, a decrease of 38.69% from CNY 97,410,626.57 in 2023[23]. - The total operating revenue reached RMB 2,315,558,903.89, an increase of 14.94% compared to the previous year, with tuna sales contributing RMB 826,450,897.14, up 6.43%[40]. - The net profit attributable to shareholders was RMB 61,190,900, a significant decrease of 58.76% year-on-year[39]. - The total comprehensive income for 2024 was CNY 26,901,051.69, compared to CNY 7,010,202.06 in 2023, indicating a strong performance[182]. Cash Flow and Investments - The net cash flow from operating activities significantly increased to CNY 335,334,342.35, up 212.18% from CNY 107,416,745.32 in 2023[23]. - The company reported a net cash inflow of CNY 6,860,000 for the year, with operating cash inflow of CNY 33,533,000, which is an increase of 212.57% from CNY 10,742,000 in the previous year[55]. - The company reported a net cash outflow from investing activities of CNY 118,672,333.91 in 2024, compared to CNY 61,346,869.41 in 2023, indicating increased investment expenditures[186]. - The cash and cash equivalents at the end of 2024 were CNY 525,433,063.34, slightly up from CNY 518,569,127.49 at the end of 2023[186]. Assets and Liabilities - The total assets of the company as of the end of 2024 were CNY 3,348,883,475.86, a decrease of 1.59% from CNY 3,402,941,792.06 at the end of 2023[23]. - The company’s total liabilities increased to CNY 1,606,943.29 in 2024 from CNY 1,171,580.77 in 2023, reflecting a growth of 37.06%[179]. - Total equity decreased slightly from ¥2,294,391,148.45 in 2023 to ¥2,268,489,293.68 in 2024, a decline of approximately 1.1%[174]. - The company’s accounts receivable increased by 42.57% to CNY 144,679,479.77, primarily due to increased sales[56]. Operational Highlights - The company achieved a total catch of approximately 100,000 tons of tuna annually, maintaining a leading position in the domestic industry[34]. - The average processing volume at the Daishan processing plant reached a historical high, with processing yield exceeding the industry average[32]. - The company faced challenges in the Antarctic region, impacting the "Deep Blue" vessel's catch days and volumes, which affected its operational capacity[31]. - Tuna sales volume increased by 20% to 74,910 tons, while the sales revenue from canned food rose by 6% to RMB 66,414,000[43]. Research and Development - Research and development expenses surged by 155.82% to RMB 1,227,955.52, reflecting increased investment in technology[40]. - The company emphasizes the importance of technological innovation to improve fishing efficiency and processing capacity[74]. Governance and Compliance - The company adheres to strict governance practices, holding five shareholder meetings during the reporting period to ensure compliance and protect shareholder rights[78]. - The company maintained compliance with corporate governance regulations, with no significant discrepancies noted[81]. - The board of directors held 11 meetings during the reporting period, reviewing 46 proposals, all of which were approved[80]. Future Outlook - The company aims to achieve a revenue of 2,580 million yuan and a net profit of 113 million yuan attributable to shareholders by 2025[73]. - The company plans to accelerate the replacement and upgrading of old fishing vessels to enhance performance and comply with fishing regulations[73]. - The company is focused on optimizing energy structure and promoting clean energy use to achieve green and low-carbon development goals[123].