Core Viewpoint - Northern Long Dragon (301357.SZ) reported a significant decline in both revenue and net profit for the year 2024, indicating financial challenges faced by the company [1][2]. Financial Performance Summary - In 2024, the company achieved operating revenue of 108 million yuan, a decrease of 20.13% compared to the previous year [2][3]. - The net profit attributable to shareholders was -10.89 million yuan, a decline of 194.36% from a profit of 11.54 million yuan in the previous year [2][3]. - The net profit after deducting non-recurring gains and losses was -15.95 million yuan, worsening by 124.33% from -7.11 million yuan in the previous year [2][3]. - The net cash flow from operating activities was -13.44 million yuan, compared to -0.58 million yuan in the previous year [2][3]. Q1 2025 Performance Summary - For the first quarter of 2025, the company reported operating revenue of 20.57 million yuan, down 16.86% year-on-year [3]. - The net profit attributable to shareholders was -5.07 million yuan, compared to a profit of 0.35 million yuan in the same period last year, reflecting a decline of 244.16% [3]. - The net profit after deducting non-recurring gains and losses was -6.26 million yuan, a significant drop of 956.23% from 0.73 million yuan in the previous year [3]. - The net cash flow from operating activities improved to -11.30 million yuan, a 70.46% increase compared to -38.27 million yuan in the previous year [3]. IPO and Fundraising Details - Northern Long Dragon went public on April 18, 2023, on the Shenzhen Stock Exchange's ChiNext, issuing 17 million shares at a price of 50.00 yuan per share [3]. - The total amount raised from the IPO was 850 million yuan, with a net amount of 775.87 million yuan after deducting issuance costs [4]. - The company planned to use the raised funds for military-civilian integration composite material industry base construction and to supplement working capital [4]. Dividend Distribution - For the 2023 fiscal year, the company announced a profit distribution plan, proposing a cash dividend of 0.50 yuan per 10 shares and a capital reserve increase of 4 shares for every 10 shares held [4]. - The total cash dividend distribution amounted to 3.4 million yuan, and the total share capital increased to 95.2 million shares post-distribution [4].
北方长龙两年一期扣非亏损 2023年上市即巅峰