JCT(SH:603657) Sou Hu Cai Jing·2025-07-30 00:54Core Insights - The main business of the company includes the research, production, and sales of cleaning appliance hoses and accessories, with core products categorized into cleaning appliances and their accessories [2] Financial Performance - In 2018, the company achieved a net profit attributable to shareholders of 101 million yuan, but by the latest complete fiscal year of 2024, this figure dropped to 14 million yuan, representing a cumulative decline of 85.82% over the years [2] - The company has not reported any annual losses since its listing [2] - Revenue grew significantly from 854 million yuan in 2020 to 2.122 billion yuan in 2024, with a compound annual growth rate (CAGR) of 25.5% [2] Profitability Analysis - The net profit attributable to shareholders decreased from 142 million yuan in 2020 to 14 million yuan in 2024, indicating a notable decline in profitability [3] Market Valuation - Since its listing, the company's market value has increased by 0.61 times, peaking at 5.95 billion yuan on August 28, 2018, with a stock price of 61.98 yuan [5] - As of July 29, 2025, the stock price is 30.33 yuan, and the market value is 4.1 billion yuan, reflecting a decrease of 1.85 billion yuan and a market value evaporation of 31.09% compared to its peak [5]