XZB(603040) 新浪财经·2025-04-28 16:02Core Insights - The company reported a revenue increase of 16.63% in 2024, reaching 680,282,123.88 yuan, driven by global expansion and new projects [2] - Net profit grew by 14.76% to 211,605,056.95 yuan, supported by revenue growth and effective cost control measures [3] - Significant fluctuations in cash flow were noted, with a 22.72% decline in operating cash flow and a 612.76% drop in financing cash flow, indicating potential liquidity concerns [5] Financial Performance - Revenue Growth: The company achieved a revenue of 680,282,123.88 yuan in 2024, up from 583,303,603.15 yuan in the previous year, reflecting a stable growth trend across all quarters [2] - Profitability: The net profit attributable to shareholders was 211,605,056.95 yuan, a 14.76% increase, with basic earnings per share rising to 1.58 yuan [3] - Cost Management: Sales expenses decreased by 8.85% to 8,777,082.12 yuan, while management expenses increased slightly by 1.47% [4] Cash Flow Analysis - Operating Cash Flow: The net cash flow from operating activities was 241,129,448.50 yuan, down 22.72% from the previous year, primarily due to increased material purchases [5] - Investment Cash Flow: The net cash flow from investing activities improved by 82.05%, reaching -82,034,556.76 yuan, indicating a reduction in cash outflows from investments [5] - Financing Cash Flow: The net cash flow from financing activities was -126,833,852.06 yuan, a significant decline of 612.76%, attributed to increased repayments of bank loans and stock buybacks [5] Research and Development - R&D Investment: The company invested 37,465,979.37 yuan in R&D, accounting for 5.51% of total revenue, focusing on innovative technologies and product development [6][7] - R&D Team: The company has a specialized R&D team of 81 members, ensuring a strong foundation for technological innovation and market competitiveness [6][7] Personnel and Compensation - Executive Compensation: The chairman and general manager received a total pre-tax compensation of 3.1237 million yuan, with additional incentives in place to attract and retain talent [8] - Employee Incentives: The company implemented stock incentive plans to enhance employee motivation and align interests with company performance [8]