BOOMY(SH:688290) Xin Lang Cai Jing·2025-04-17 19:34Core Insights - The company reported a net cash flow from operating activities increase of 30.72%, while R&D expenses decreased by 25.06, indicating a significant shift in financial strategy [1][6]. Revenue and Profit - The company achieved a revenue of 275,725,673.21 CNY in 2024, a 7.94% increase from 255,442,358.56 CNY in 2023, but the growth rate has slowed compared to previous years [2]. - The net profit attributable to shareholders was 37,600,037.13 CNY, an 8.40% year-on-year increase, while the net profit excluding non-recurring items was 17,178,915.98 CNY, up 5.67% [3]. Earnings Per Share - Basic earnings per share rose to 0.37 CNY, a 5.71% increase from 0.35 CNY, while the diluted earnings per share excluding non-recurring items increased to 0.17 CNY, up 6.25% from 0.16 CNY [4]. Expense Analysis - Operating costs increased by 20.08% to 164,546,516.93 CNY, which is higher than revenue growth, potentially pressuring profit margins [5]. - R&D expenses significantly decreased to 30,416,777.27 CNY, down 25.06% from 40,585,915.34 CNY, with the proportion of R&D expenses to revenue dropping from 15.89% to 11.03% [6]. R&D Personnel - The number of R&D personnel decreased from 148 to 125, and total R&D personnel compensation fell from 37.38 million CNY to 31.05 million CNY, indicating a potential impact on innovation capabilities [7]. Cash Flow - The net cash flow from operating activities was 29,195,921.49 CNY, a 30.72% increase from 22,334,951.17 CNY in 2023, reflecting improved cash generation from core operations [8]. - The net cash flow from investing activities improved to -89,151,494.00 CNY, a 59.32% reduction from -219,163,881.19 CNY, suggesting a strategic shift in investment focus [9]. - The net cash flow from financing activities was -15,579,060.52 CNY, a decrease of 108.41% from 185,159,725.48 CNY in 2023, indicating a change in fundraising strategy [10].