---
title: "Chase Sun's net profit for the year 2024 is 51.052 million yuan, a year-on-year decrease of 89.92%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229879823.md"
description: "Chase Sun released its 2024 annual performance report, with total operating revenue of 5.783 billion yuan, a year-on-year decrease of 5.34%; net profit of 51.052 million yuan, a year-on-year decrease of 89.92%; net profit after deducting non-recurring gains and losses of 24.0792 million yuan, a year-on-year decrease of 93.59%; basic earnings per share of 0.02 yuan. Affected by declining market prices, intensified competition, and rising production costs, the company's overall revenue and gross profit margin have decreased, with the main business of formula granules and decoction pieces being significantly impacted"
datetime: "2025-02-27T08:58:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229879823.md)
  - [en](https://longbridge.com/en/news/229879823.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229879823.md)
---

# Chase Sun's net profit for the year 2024 is 51.052 million yuan, a year-on-year decrease of 89.92%

According to the Zhitong Finance APP, Chase Sun (300026.SZ) disclosed its performance report for the year 2024, with total operating revenue of 5.783 billion yuan, a year-on-year decrease of 5.34%; net profit attributable to shareholders of the listed company was 51.052 million yuan, a year-on-year decrease of 89.92%; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 24.0792 million yuan, a year-on-year decrease of 93.59%; basic earnings per share were 0.02 yuan.

During the reporting period, affected by various factors such as declining terminal market prices, intensified competition in the industry, and rising production costs, the company's overall revenue and gross profit margin both declined, with significant impacts on the main business of formula granules and decoction pieces

### Related Stocks

- [300026.CN](https://longbridge.com/en/quote/300026.CN.md)

## Related News & Research

- [Tim Lamb Group Completes Sale of Seven Firelands Automotive Group Dealerships in Northern Ohio](https://longbridge.com/en/news/286806685.md)
- [$20M backing from Fairshake PAC results in wins/runoffs for 5 Republicans, 1 Democrat in 3 US state primaries.](https://longbridge.com/en/news/287191779.md)
- [Assessing Shizuoka Financial Group (TSE:5831) Valuation After FY 2026 Results And Board Leadership Review](https://longbridge.com/en/news/286786560.md)
- [Chicago Concerned Citizens Call on City Council to Protect Small Businesses and Pursue Smarter Regulation of Prize and Gift Kiosks](https://longbridge.com/en/news/286834001.md)
- [FDA drug center head fired after commissioner's exit](https://longbridge.com/en/news/286647070.md)