KEYSINO TECH(300899)2025-04-17 08:50Financial Performance - Total revenue for 2024 was CNY 81.61 million, a decrease of 34.52% compared to the previous year[5] - Operating profit was CNY -4.38 million, representing a decline of 127.89% year-on-year[5] - Net profit attributable to shareholders was CNY -1.65 million, down 110.56% from the previous year[5] - The company did not meet the revenue disclosure threshold for 2024, leading to no performance forecast being issued in January 2025[9] - There is a risk of delisting if the audited net profit remains negative and revenue is below CNY 100 million[11] Cash Flow and Orders - Cash received from sales and services reached CNY 231.05 million, an increase of 69.94% year-on-year[7] - New orders signed in 2024 increased by over 20% compared to 2023[7] Assets and Equity - Total assets at the end of the reporting period were CNY 792.14 million, up 9.42% from the beginning of the year[5] - Shareholders' equity attributable to the company decreased by 4.02% to CNY 634.17 million[5] Revenue Recognition Issues - The company acknowledged discrepancies with auditors regarding revenue recognition timing for certain contracts[9]