Core Viewpoint - The financial performance of Lei'ao Planning (300989.SZ) in 2024 shows significant declines in revenue and net profit compared to previous years, indicating potential challenges for the company moving forward [1][2]. Financial Performance Summary - In 2024, Lei'ao Planning achieved operating revenue of 319 million yuan, a decrease of 33.97% year-on-year from 483 million yuan in 2023 [2]. - The net profit attributable to shareholders was -45.31 million yuan, a decline of 202.85% compared to a profit of 44.06 million yuan in the previous year [2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -57.03 million yuan, down 284.54% from 30.90 million yuan in 2023 [2]. - The net cash flow from operating activities was -73.31 million yuan, a significant drop from a positive cash flow of 12.18 million yuan in the previous year, representing a decrease of 701.96% [2]. Q1 2025 Performance Summary - In the first quarter of 2025, Lei'ao Planning reported operating revenue of 76.29 million yuan, a decrease of 11.52% year-on-year [3]. - The net profit attributable to shareholders was 3.80 million yuan, reflecting a growth of 9.32% compared to 3.48 million yuan in the same period last year [3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.12 million yuan, an increase of 57.08% from 711,384.62 yuan in the previous year [3]. - The net cash flow from operating activities improved to -40.10 million yuan, a 58.04% improvement from -95.58 million yuan in the same quarter of the previous year [3]. Company Background - Lei'ao Planning was listed on the Shenzhen Stock Exchange's ChiNext board on May 7, 2021, with an initial public offering of 15 million shares at a price of 51.62 yuan per share [4]. - The company raised a total of 774.30 million yuan, with a net amount of 695.70 million yuan after deducting issuance costs [4]. - Lei'ao Planning has a history of distributing cash dividends and capital reserves, with recent distributions including 0.5 yuan per 10 shares in 2023 and 0.5 yuan per 10 shares in 2024, along with stock bonuses [5].
蕾奥规划2024年转亏 2021年上市即巅峰国投证券保荐