KINGFA(SH:600143) Sou Hu Cai Jing·2025-06-23 00:54Group 1 - The core viewpoint is that Jinfa Technology has shown significant growth since its IPO 21 years ago, with a market capitalization increase from 2.845 billion to 26.129 billion, reflecting the development of the modified plastics industry [1][5] - Jinfa Technology's main business includes the research, production, and sales of modified plastics, with modified plastics accounting for 53.00% of revenue and trade products at 20.44% [3] - The company has achieved a cumulative profit growth of 687.95% from a net profit of 1.05 billion in 2004 to 8.25 billion in 2024, with 61.9% of the years showing profit growth [3] Group 2 - Revenue has steadily increased from 35.061 billion in 2020 to 60.514 billion in 2024, with a compound annual growth rate of 14.65% over five years [3] - Profitability has been volatile, with net profit dropping from 4.588 billion in 2020 to 8.25 billion in 2024, experiencing significant declines in 2021 and 2023 [3] - The company's market value has increased 8.18 times since its IPO, peaking at 84.415 billion in February 2021, but has since decreased by 69.05% to 26.129 billion [5]