Cybrid(SH:603212) Zhong Guo Jing Ji Wang·2025-05-06 06:20Core Viewpoint - Saiwu Technology (603212.SH) reported a significant decline in revenue and net profit for the fiscal year 2024, indicating financial challenges faced by the company [1][2][3]. Financial Performance Summary - For the year 2024, the company achieved operating revenue of 3.004 billion yuan, a decrease of 27.89% compared to the previous year [2][3]. - The net profit attributable to shareholders was -284.93 million yuan, a decline from a profit of 103.61 million yuan in the previous year, representing a 375% decrease [2][3]. - The net profit after excluding non-recurring gains and losses was -286.14 million yuan, down from 87.96 million yuan, marking a 425.29% decline [2][3]. - The net cash flow from operating activities was 365.04 million yuan, showing a substantial increase of 1,381.36% year-on-year [2][3]. Q1 2025 Performance Summary - In the first quarter of 2025, the company reported operating revenue of 643.20 million yuan, a decrease of 27.35% year-on-year [3]. - The net profit attributable to shareholders for Q1 2025 was -33.15 million yuan, compared to a profit of 28.55 million yuan in the same period last year, reflecting a 216.13% decline [3]. - The net profit after excluding non-recurring gains and losses was -36.33 million yuan, down from 27.98 million yuan, indicating a 229.83% decrease [3]. - The net cash flow from operating activities was -9.28 million yuan, an improvement of 63.17% compared to -25.20 million yuan in the previous year [3]. Dividend Policy - The company plans not to distribute cash dividends or increase share capital from reserves for the fiscal year 2024 [1].