Core Viewpoint - The company, Garden Co. (园林股份), is currently facing financial difficulties, with its stock trading below the initial public offering (IPO) price and reporting losses for three consecutive years [1]. Financial Performance - In 2024, Garden Co. reported a revenue of 722 million yuan, representing a year-on-year increase of 14.91% [1]. - The net profit attributable to shareholders was a loss of 190 million yuan, compared to a loss of 157 million yuan in the previous year [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of 200 million yuan, compared to a loss of 159 million yuan in the previous year [1]. - The net cash flow from operating activities was 85.38 million yuan, an improvement from a negative cash flow of 105 million yuan in the previous year [1]. - In 2022, the company reported a revenue of 514 million yuan and a net loss attributable to shareholders of 262 million yuan [2]. IPO Details - Garden Co. was listed on the Shanghai Stock Exchange on March 1, 2021, with an issuance of 40.31 million shares at an IPO price of 16.38 yuan per share [1]. - The total amount raised from the IPO was 660 million yuan, with a net amount of 585 million yuan after deducting issuance costs [1]. - The total issuance costs amounted to 75.58 million yuan, including underwriting fees of 51.89 million yuan [1].
园林股份跌2.05% 2021上市募6.6亿已连亏3年