Dynagreen(601330) 金融界·2025-03-28 14:28Core Viewpoint - The company reported a decline in both revenue and net profit for the year 2024, indicating significant challenges despite advancements in technology and digital transformation efforts [1][4][6] Group 1: Financial Performance - The company achieved an operating revenue of 3.399 billion yuan, a year-on-year decrease of 14.08% [1][4] - The net profit attributable to shareholders was 585 million yuan, down 7.02% year-on-year [1][4] - This marks the second consecutive year of declining revenue and profit for the company [4] Group 2: Project and Operational Insights - A reduction in construction projects was identified as the primary reason for the revenue decline [4] - The company’s gross profit was 1.544 billion yuan, with a slight increase of 1.31%, and the gross margin improved to 45.42% [4] - The operational projects showed stable growth, with the company processing 14.3824 million tons of municipal waste, a year-on-year increase of 6.96% [5] - The electricity generated reached 4.2609 billion kWh, up 9.42% year-on-year, and steam supply increased by 31.49% to 563,600 tons [5] Group 3: Technological Advancements - The company continued to push for technological innovation and digital transformation, achieving notable results [6] - Collaboration with Alibaba Cloud led to the application of AI technology in waste incineration, significantly enhancing operational efficiency [6] - The company has obtained a total of 80 authorized patents, including 19 invention patents, showcasing strong R&D capabilities [6] - However, the financial impact of these technological advancements has yet to be fully realized, indicating a need for time to translate these innovations into revenue and profit [6]