On March 26, 2025, Zhongfu Shenying (688295.SH) released its 2024 annual report.

The company's total operating income was 1.557 billion yuan, a decrease of 702 million yuan from the total operating income of the same period last year, and a decrease of 31.07% compared with the same period last year. The net profit attributable to the parent company was -124 million yuan, a decrease of 442 million yuan from the net profit attributable to the parent company in the same reporting period last year, and a decrease of 139.12% compared with the same period last year. The net cash inflow from operating activities was 540 million yuan, an increase of 296 million yuan over the net cash inflow of operating activities in the same reporting period last year, and an increase of 121.67% over the same period last year.

The company's latest asset-liability ratio was 50.57%, an increase of 1.38 percentage points over the same period last year.

The company's latest gross profit margin was 14.25%, a decrease of 16.36 percentage points from the gross profit margin of the same period last year. The latest ROE was -2.69%, a decrease of 9.25 percentage points from the same period last year.

The company's diluted earnings per share was -0.14 yuan, a decrease of 0.49 yuan from the diluted earnings per share in the same reporting period last year, and a decrease of 140.00% compared with the same period last year.

The company's latest total asset turnover ratio was 0.16 times, a decrease of 0.10 times from the same period last year, and a decrease of 38.74% compared with the same period last year. The latest inventory turnover rate was 2.59 times, a decrease of 1.52 times from the same period last year, and a decrease of 36.93% from the same period last year.

The number of shareholders of the company is 10,900, and the number of shares held by the top ten shareholders is 820 million shares, accounting for 91.16% of the total share capital

The company's total R&D investment was 190 million yuan, which ranked second in the same period in the past five years, a decrease of 28.2561 million yuan compared with the total R&D investment in the same reporting period last year, and a decrease of 12.93% compared with the same period last year. The latest R&D investment accounted for 12.22%, ranking first in the same period in the past five years, an increase of 2.55 percentage points over the same period last year, achieving five consecutive years of growth.