ZANYU TECHNOLOGY(002637)2025-04-23 07:34Financial Performance - In 2024, the company achieved operating revenue of 10.792 billion yuan, a year-on-year increase of 12.27% [2] - The net profit attributable to shareholders reached 135 million yuan, up 53.99% year-on-year [2] - In Q1 2025, the company reported operating revenue of 3.427 billion yuan, a growth of 34.29% [2] - The net profit attributable to shareholders for Q1 2025 was 82.72 million yuan, reflecting a year-on-year increase of 61.69% [2] Asset and Liability Overview - As of the end of 2024, total assets amounted to 7.928 billion yuan, a growth of 0.90% from the beginning of the year [2] - Total liabilities were 4.122 billion yuan, increasing by 0.61% [2] - Net assets stood at 3.765 billion yuan, up 1.77% [2] - By the end of Q1 2025, total assets reached 8.673 billion yuan, a growth of 6.73% [2] - Total liabilities increased to 4.628 billion yuan, a rise of 12.47% [2] - Net assets were 3.736 billion yuan, reflecting a growth of 0.54% [2] Business Segments - The company generated 4.501 billion yuan from surfactants (including personal care products), a 32.43% increase year-on-year [3] - The gross profit margin for surfactants was 6.57%, up 1.52 percentage points from the previous year [3] - Sales volume of surfactants reached 809,000 tons, a growth of 40.15% [3] - Oil chemical products generated 6.121 billion yuan in revenue, a 3.1% increase year-on-year [3] - The gross profit margin for oil chemical products was 6.69%, up 0.21 percentage points [3] - Sales volume of oil chemical products was 805,900 tons, down 5.28% [3] Production Capacity - The company has an annual production capacity of 100,000 tons for liquid detergents in Jiangsu, and 500,000 tons each in Henan and Sichuan for personal care products [4] - Total OEM/ODM processing capacity for personal care products has reached 1.1 million tons [4] Strategic Advantages - The company leverages its technical and scale advantages in surfactant production to create an integrated supply chain model for personal care product processing [5] - The company engages in futures hedging to mitigate risks from raw material price fluctuations [5] - The company has established a strong R&D foundation, being recognized as a national high-tech enterprise [6] - The company aims to enhance its market share and competitiveness through continuous technological innovation and industry chain extension [6]