ZPUG(SZ:000685) Xin Lang Cai Jing·2025-04-26 01:14Core Insights - Company reported a total operating revenue of 5.678 billion yuan for 2024, marking a year-on-year increase of 9.22% and achieving four consecutive years of growth [1] - Net profit attributable to shareholders reached 1.199 billion yuan, reflecting a 24.02% increase year-on-year, ranking 5th among disclosed peers [1] - The company experienced a net cash outflow from operating activities of 249 million yuan [1] Financial Performance - The latest asset-liability ratio stands at 45.01%, ranking 27th among disclosed peers [3] - Gross margin decreased to 18.90%, down 1.26 percentage points from the previous year [3] - Return on equity (ROE) improved to 6.85%, an increase of 0.94 percentage points year-on-year, ranking 34th among peers [3] - Diluted earnings per share (EPS) rose to 0.82 yuan, a 24.24% increase year-on-year, ranking 15th among peers [3] - Total asset turnover ratio is 0.18 times [3] - Inventory turnover ratio increased to 36.90 times, up 3.42% year-on-year, ranking 13th among peers [3] Shareholder Structure - The number of shareholders is 38,200, with the top ten shareholders holding 942 million shares, accounting for 63.84% of total equity [3] - The largest shareholder, Zhongshan Investment Holding Group Co., Ltd., holds 48.73% of shares [3] Research and Development - Total R&D expenditure amounted to 161 million yuan, ranking 7th among disclosed peers and showing a year-on-year increase of 3.26%, achieving three consecutive years of growth [3] - R&D expenditure as a percentage of revenue is 2.84% [3]