Core Viewpoint - Filinger's financial performance has deteriorated, facing significant internal and external challenges, with a reported revenue decline and increased losses over the past two years [1][8]. Financial Performance - For the fiscal year 2024, Filinger reported an operating revenue of 336 million yuan, a year-on-year decrease of 14.86% [1]. - The net profit attributable to shareholders was a loss of 37.31 million yuan, indicating an expanded loss compared to previous periods [1]. - The company attributes its financial struggles to the cyclical nature of the real estate-related industries it operates in, affecting all business segments to varying degrees [1]. Governance and Compliance Issues - The company’s chairman, Jürgen Vöhringer, highlighted that 33.7 million yuan in related party transactions occurred without shareholder approval, raising concerns about the accuracy and completeness of the annual report [5]. - Filinger has faced regulatory scrutiny from the Shanghai Securities Regulatory Bureau due to non-compliance with related party transaction approval processes, leading to corrective measures [5][6]. - The chairman expressed his dissent on multiple board resolutions, indicating a lack of proper communication and decision-making regarding significant financial matters [6]. Operational Challenges - The company is experiencing increased fixed asset depreciation costs, particularly following the establishment of its Danyang factory, which has contributed to the financial losses despite a reduction in sales and R&D expenses [7][9]. - Filinger plans to implement cost control measures and enhance inventory management to mitigate financial pressures, while also launching a sub-brand to maintain market share [8][9]. Future Outlook - For 2025, Filinger aims to achieve an operating revenue of 350 million yuan, representing a projected growth of 4.10% year-on-year, supported by a diversified product strategy and enhanced operational capabilities [9].
考虑关联交易等事项 菲林格尔董事长称无法保证2024年年报的真实、准确