Topscore Fashion(SH:603608) Xin Lang Cai Jing·2025-04-21 02:49Core Viewpoint - *ST Tianchuang (603608.SH) reported a significant decline in revenue and net profit for the year ending December 31, 2024, indicating ongoing financial challenges for the company. Financial Performance - The total operating revenue for *ST Tianchuang was 1.099 billion yuan, a decrease of 175 million yuan or 13.74% compared to the same period last year [1] - The net profit attributable to the parent company was -90.81 million yuan, a reduction of 60.66 million yuan compared to the previous year [1] - The net cash inflow from operating activities was 47.21 million yuan, down by 71.31 million yuan or 60.17% year-on-year [1] Key Financial Ratios - The asset-liability ratio stood at 35.09% as of December 31, 2024 [3] - The gross profit margin was 62.24%, an increase of 0.15 percentage points from the previous year [3] - The return on equity (ROE) was -8.71%, a decrease of 6.38 percentage points compared to the same period last year [3] - The diluted earnings per share were -0.24 yuan, down by 0.17 yuan from the previous year [3] - The total asset turnover ratio was 0.58 times, a decline of 0.01 times year-on-year [3] - The inventory turnover ratio was 1.42 times, a decrease of 0.04 times compared to the previous year [3] Shareholder Information - The number of shareholders was 10,700, with the top ten shareholders holding 203 million shares, accounting for 48.38% of the total share capital [3] - The largest shareholder was Qingdao Hetian Trading Partnership, holding 17.4% of the shares [3] Research and Development - The total R&D investment was 39.67 million yuan, ranking fifth in the last five years, and decreased by 7.62 million yuan or 16.10% compared to the previous year [3] - The R&D investment ratio was 3.61%, down by 0.10 percentage points from the previous year [3]