BOE(SZ:000725) Sou Hu Cai Jing·2025-07-31 07:42Core Viewpoint - Anhui Yongfeng Protective Technology Co., Ltd. is progressing with its IPO plans on the Beijing Stock Exchange, with guidance from Guoyuan Securities, following the initiation of IPO counseling in August 2022 [2] Financial Performance - In 2024, the company's operating revenue was 33.84 million, a decrease of 3.85% compared to the previous year [3] - The net profit attributable to shareholders was 1.72 million, reflecting a significant decline of 91.99% year-on-year [3] - The net profit after deducting non-recurring gains and losses was 1.32 million, down 92.63% from the previous year [3] - The weighted average return on net assets based on net profit was 1.06%, down from 13.64% [3] - The total assets at the end of the period were 520.56 million, an increase of 17.30% year-on-year [4] - The total liabilities increased by 28.62% to 349.67 million [4] - The net assets attributable to shareholders decreased by 3.39% to 159.70 million [4] - The company's asset-liability ratios for 2023 and 2024 were 67.17% and 61.26%, respectively [6] Customer Concentration - The top five customers accounted for 70.68% of total sales, indicating a high customer concentration [8] - Major clients include BOE Technology Group, Haier Group, and Midea Group, with sales to BOE amounting to 103.11 million, representing 30.47% of total sales [7][8]