Core Viewpoint - The company has achieved operational efficiency improvements through a dual strategy of stabilizing its core business and exploring new avenues, despite challenges in the landscaping industry [1][6]. Financial Performance - In 2024, the company reported revenue of 587 million yuan, with a net profit attributable to shareholders of 65.3 million yuan, reflecting a year-on-year growth of 13.85%. The net cash flow from operating activities increased by 13.3% to 73.63 million yuan [2][3]. - The landscaping engineering segment generated revenue of 472 million yuan, maintaining a gross margin of 14.97%. Revenue from landscaping design grew by 18.71% to 43.87 million yuan, while sales of seedlings surged by 42.80% to 71.05 million yuan, achieving a gross margin of 68.82% [2][3]. Strategic Initiatives - The company has completed the acquisition of Wuhan Junheng Technology Co., entering the optical module sector, which has significantly boosted its revenue by 210.40% in the first quarter to 309 million yuan, with a net profit of 19.83 million yuan, marking a staggering increase of 549.69% [1][5]. - The company is focusing on cost control and project settlement to enhance operational efficiency, addressing common issues in the landscaping industry such as delayed payments [2][3]. Cost Management - The cost of landscaping engineering has decreased from 539 million yuan in 2021 to 401 million yuan in 2024, a reduction of 25.6%. The cost of landscaping design has dropped by 62.2%, from 19.84 million yuan to 7.50 million yuan [3]. - Management expenses have also seen a slight decrease from 60.26 million yuan in 2021 to 59.58 million yuan in 2024, indicating effective management practices [3]. Acquisition and Market Position - The acquisition of Wuhan Junheng, which specializes in optical modules, was completed efficiently within nine months, highlighting the company's strategic execution capabilities [4][5]. - The optical module business is expected to become a strategic focus for future growth, with plans to enhance research and development, optimize production capacity, and strengthen the global supply chain [5][6]. Future Outlook - The company aims to maintain stable development while prioritizing projects with short payment cycles and reasonable profit margins, with aspirations to become a leader in the landscaping and ecological restoration industry [3][6]. - Plans for expanding production capacity include a new facility in Ezhou, with an investment of approximately 200 million yuan, expected to be operational by mid-2027 [5][6].
稳主业、拓赛道，汇绿生态一季度净利大增549.69%