Chiway(SZ:002374) Zheng Quan Zhi Xing·2025-04-25 22:49Financial Performance - The company reported a total revenue of 636 million yuan for 2024, a decrease of 10.47% compared to the previous year [1] - The net profit attributable to shareholders was -257 million yuan, down 59.62% year-on-year [1] - In Q4, the revenue was 177 million yuan, reflecting a 23.5% decline year-on-year, with a net profit of -174 million yuan, a decrease of 44.92% [1] - The gross margin was 15.58%, down 21.95% year-on-year, while the net margin was -41.35%, a drop of 64.46% [1] Financial Ratios and Metrics - The company's accounts receivable accounted for 259.94% of the total revenue, indicating a significant amount of outstanding payments [1] - Total expenses (selling, administrative, and financial) amounted to 147 million yuan, representing 23.07% of revenue, a slight increase of 0.15% year-on-year [1] - The earnings per share (EPS) was -0.24 yuan, a decrease of 60.0% compared to the previous year [1] Cash Flow and Debt Analysis - The company had cash and cash equivalents of 117 million yuan, down 27.09% year-on-year [1] - The cash flow from operations per share was 0.04 yuan, an increase of 41.01% year-on-year [1] - The company has a debt ratio of 26.77% for interest-bearing liabilities, with total interest-bearing debt at 938.6 million yuan, a decrease of 8.16% [1][3]