证券代码：000607 证券简称：华媒控股 浙江华媒控股股份有限公司 投资者关系活动记录表 编号：2025-001 投资者 关系活 动类别 □ 特定对象调研 □ 分析师会议 □ 媒体采访 ■ 业绩说明会 □ 新闻发布会 □ 路演活动 □ 现场参观 □ 其他 活动参 与人员 投资者： 通过"全景路演"网站（https://rs.p5w.net）、微信公众号"全景财 经"或全景路演 APP 对本公司进行提问的投资者 上市公司接待人员： 财务负责人 何亚达 常务副总经理 杨淑英 董事、副总经理、董事会秘书 高坚强 时间 2025 年 5 月 13 日 15:00-17:00 地点 公司通过"全景路演"网站（https://rs.p5w.net）、微信公众号"全景财 经"、全景路演 APP 采用网络远程的方式召开业绩说明会 形式 在线 交流内 容及具 体问答 记录 投资者提出的问题及公司回复情况 公司就投资者在本次说明会中提出的问题进行了回复： 1、 问：公司 2024 年报刊发行业收入 8501 万元，同比下降 23.4%， 是否通过线上订阅或数字化服务弥补了部分损失？ 答：您好！随着传统媒体发行业务的下降，公司着 ...

Core Viewpoint - Zhejiang Huamei Holdings Co., Ltd. reported significant declines in key financial metrics for 2024, indicating substantial challenges faced by the company over the past year [1] Revenue Performance - The company's operating revenue for 2024 was 1,431,111,347.84 yuan, a decrease of 19.40% from 2023's 1,775,533,388.73 yuan, primarily due to reduced income from advertising and planning services [2] - Revenue from the advertising and planning sector fell by 23.13% to 786,229,563.31 yuan, influenced by the absence of major events like the 2023 Asian Games [2] - Other business segments, including publishing and printing, and education, also experienced declines of 6.40% and 10.45%, respectively, reflecting overall pressure on the company's operations [2] Profitability Analysis - The net profit attributable to shareholders turned negative at -8,317,310.87 yuan, a 109.41% decline from the previous year's profit of 88,428,706.17 yuan, indicating a shift from profit to loss [3] - This transition was attributed to multiple factors, including revenue decline, increased impairment provisions due to asset testing, and reduced investment income from joint ventures [3] Core Profitability - The net profit after excluding non-recurring items was -45,535,518.09 yuan, a drastic drop of 238.52% from 32,872,152.55 yuan in 2023, highlighting weakened core business profitability [4] - The significant decline in this metric underscores the operational difficulties faced by the company, necessitating strategic improvements [4] Earnings Per Share - Basic earnings per share fell to -0.01 yuan from 0.09 yuan, a 111.11% decrease, while the non-recurring earnings per share also turned negative at -0.04 yuan, indicating severe impacts on shareholder returns [5] Cost Management - The company achieved a reduction in overall expenses, with sales expenses down 15.71%, management expenses down 13.26%, and financial expenses down 24.96%, reflecting effective cost control measures [6] - However, research and development expenses decreased by 19.73%, raising concerns about the potential long-term impact on innovation and business development [6] Research and Development - R&D expenses for 2024 were 12,650,233.94 yuan, accounting for 0.88% of operating revenue, slightly down from 0.89% in 2023, indicating a need for balance between cost control and innovation sustainability [7] Cash Flow Analysis - The net cash flow from operating activities decreased by 59.37% to 110,498,573.00 yuan, primarily due to reduced cash receipts from sales, reflecting weakened cash generation capabilities [8] - Cash flow from investing activities improved significantly to 1,164,094.28 yuan from -37,676,923.33 yuan, indicating a shift in investment strategy [8] - However, cash flow from financing activities worsened to -241,810,250.87 yuan, a 52.01% decline, suggesting increased debt repayment pressures [8] Risks and Management Compensation - The company faces various risks, including operational challenges in its media and education sectors, potential goodwill impairments, and ongoing litigation uncertainties [9] - Management compensation remains substantial, with the total remuneration for senior executives reflecting a need for effective incentive structures to drive performance improvements [10] Conclusion - Overall, Huamei Holdings' 2024 performance reveals significant declines across multiple financial metrics, necessitating strategic focus on optimizing business structure, enhancing core profitability, and managing risks effectively to improve future performance and shareholder returns [10]