中海达：2024年盈利能力回升，现金流显著改善

Core Insights - The company reported a significant improvement in profitability for the year 2024, with a narrowed net loss of 12.45 million yuan, an increase of 97.08% year-on-year [1] - The fourth quarter showed outstanding performance, with total revenue of 481 million yuan, up 60.27% year-on-year, and a net profit of 13.32 million yuan, up 103.28% year-on-year [2] - The net cash flow from operating activities reached 102 million yuan, a substantial increase of 377.43% compared to the previous year, driven by improved collection efforts and a higher proportion of high-precision positioning equipment and solutions [3] - The company achieved notable cost control and expense optimization, with the ratio of operating expenses to revenue at 30.84%, down 26.22% year-on-year, and significant reductions in management and financial expenses [4] - The main business revenue was dominated by high-precision positioning equipment and industry solutions, accounting for 1.051 billion yuan, or 86.21% of total revenue, with a gross margin of 43.27% [5]