GLAVI(SZ:300900) Zhong Guo Jing Ji Wang·2025-06-27 07:51Financial Performance - In 2024, the company achieved operating revenue of 1.048 billion yuan, an increase of 41.64% year-on-year [1][2] - The net profit attributable to shareholders was -49.10 million yuan, a decrease of 146.94% compared to the previous year [1][2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -55.36 million yuan, down 158.65% year-on-year [1][2] - The net cash flow from operating activities was 81.91 million yuan, a decline of 53.87% compared to the previous year [1][2] Quarterly Performance - In Q1 2025, the company reported operating revenue of 266.69 million yuan, an increase of 18.87% year-on-year [2][3] - The net profit attributable to shareholders was 45.95 million yuan, reflecting a growth of 50.63% compared to the same period last year [2][3] - The net profit after deducting non-recurring gains and losses was 19.99 million yuan, a decrease of 26.18% year-on-year [2][3] - The net cash flow from operating activities was -12.98 million yuan, an improvement from -18.04 million yuan in the same period last year [2][3] Fundraising and Use of Proceeds - The company raised a total of 1.639 billion yuan since its listing [5] - The initial fundraising plan was to raise 721 million yuan, with allocations for various projects including 280 million yuan for expanding the production line for aviation composite materials [4][5] - The company issued 700,000 convertible bonds in 2023, raising a total of 700 million yuan, with a net amount of approximately 692 million yuan after expenses [4]