Core Viewpoint - Shandong Yuelong Rubber and Plastic Technology Co., Ltd. has received approval for its initial public offering (IPO) on the Beijing Stock Exchange, focusing on the development, production, and sales of flexible fluid transport pipelines [1] Financial Performance - The company reported revenues of 189 million yuan, 219 million yuan, and 268 million yuan for the years 2022, 2023, and 2024 respectively, indicating a revenue growth of 22.36% in 2024 [1] - Net profits for the same years were 47.92 million yuan, 60.78 million yuan, and 83.42 million yuan, showing a year-on-year increase of 37.25% in 2024 [1] Key Financial Metrics - Projected financial metrics for 2024 include: - Revenue: 267.51 million yuan - Net profit attributable to shareholders: 83.42 million yuan - Basic earnings per share: 1.37 yuan - Diluted earnings per share: 1.37 yuan - Return on equity: 23.28% [1] - The company also expects to generate a net cash flow from operating activities of 99.68 million yuan in 2024 [1]
悦龙科技IPO获北交所上市委会议通过
Zheng Quan Shi Bao Wang·2025-12-12 02:13