Core Viewpoint - Slin Co., Ltd. (301550) reported a revenue of 774 million yuan for 2024, a year-on-year increase of 4.91%, and a net profit of 190 million yuan, up 26.91% from the previous year, exceeding analyst expectations [1][3] Financial Performance - Total revenue for 2024 reached 774 million yuan, compared to 738 million yuan in 2023, reflecting a growth of 4.91% [3] - Net profit attributable to shareholders was 190 million yuan, up from 150 million yuan in 2023, marking a 26.91% increase [3] - The gross profit margin improved to 32.52%, an increase of 1.4% year-on-year, while the net profit margin rose to 24.54%, up 20.97% [3][4] - The company reported a quarterly revenue of 218 million yuan in Q4 2024, a 4.51% increase year-on-year, with a net profit of approximately 53.2 million yuan, up 23.86% [1] Cost and Efficiency Metrics - Total expenses (selling, administrative, and financial) amounted to -5.11 million yuan, with a ratio of expenses to revenue at -0.66%, a significant decrease of 121.13% year-on-year [3][4] - Earnings per share (EPS) increased to 1.73 yuan, up 2.98% from 1.68 yuan in 2023 [3] Cash Flow and Financial Health - Operating cash flow per share rose to 1.96 yuan, a substantial increase of 77.11% year-on-year [3] - The company’s cash and cash equivalents decreased by 6.89% to 1.13 billion yuan, attributed to investments in financial products [4] Market Outlook and Strategy - The company is focusing on deepening and expanding its presence in the European and American markets, with stable order performance in Europe and recognition from U.S. customs for its Thailand factory, enhancing supply chain stability [7]
斯菱股份2024年年报简析:营收净利润同比双双增长,盈利能力上升