Jereh Group(SZ:002353) Chang Jiang Shang Bao·2025-04-11 02:34Core Viewpoint - The stock price of Jerry Holdings (002353.SZ) reached its daily limit due to strong financial performance, with a reported revenue of 13.355 billion yuan and a net profit of 2.627 billion yuan for 2024, marking a continuous growth trend over three years [1][4]. Financial Performance - In 2024, Jerry Holdings achieved a revenue of 13.355 billion yuan, a year-on-year decrease of 4.01%, while the net profit attributable to shareholders was 2.627 billion yuan, reflecting a year-on-year increase of 7.03% [4]. - The company reported a significant increase in operating cash flow, reaching 2.594 billion yuan, which is a 147.30% increase year-on-year [2][9]. - The gross profit margin and net profit margin for 2024 were 33.70% and 20.11%, respectively, both showing an increase compared to the previous year [9]. Order and Market Dynamics - Jerry Holdings secured new orders totaling 18.232 billion yuan in 2024, representing a year-on-year growth of 30.64%, with nearly half of these orders coming from overseas markets [3][5]. - The company’s revenue from domestic and international markets was 7.318 billion yuan and 6.037 billion yuan, accounting for 54.80% and 45.20% of total revenue, respectively [4]. Research and Development - The company invested over 500 million yuan in R&D in both 2023 and 2024, maintaining a strong focus on innovation [8][9]. - As of the end of 2024, Jerry Holdings held a total of 1,914 authorized patents, including 503 invention patents [8][9]. Financial Health - As of the end of 2024, the company had a debt-to-asset ratio of 38.36%, with total monetary funds exceeding 8 billion yuan, which is sufficient to cover all debts [9]. - The company proposed a cash dividend of 829 million yuan for 2024, with a dividend payout ratio of 31.57%, marking the first time since 2018 that the annual dividend payout ratio exceeded 30% [10].