联化科技收盘上涨1.96%，最新市净率0.89，总市值56.87亿元

Core Viewpoint - Lianhua Technology's stock closed at 6.24 yuan, with a market capitalization of 5.687 billion yuan, and the company has shown a significant increase in net profit despite a decline in revenue [1] Group 1: Company Overview - Lianhua Technology specializes in fine chemicals and engineering services, with key segments including crop protection, pharmaceuticals, and functional chemicals [1] - The company has established itself as a strategic supplier for major international agricultural and pharmaceutical companies, being recognized as a key high-tech enterprise under the National Torch Program [1] Group 2: Financial Performance - For the third quarter of 2024, Lianhua Technology reported revenue of 4.359 billion yuan, a year-on-year decrease of 13.14%, while net profit reached 32.5038 million yuan, reflecting a year-on-year increase of 143.13% [1] - The company's gross profit margin stood at 22.71% [1] Group 3: Market Position - As of the third quarter of 2024, 129 institutions hold shares in Lianhua Technology, with a total holding of 32.6383 million shares valued at 180 million yuan [1] - The company's price-to-earnings ratio (TTM) is -15.91, and its price-to-book ratio is 0.89, indicating a lower valuation compared to industry averages [2]