---
title: "Sino Wealth released its 2024 annual performance, with a net profit attributable to the parent company of 134 million yuan, a decrease of 28.01%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233637644.md"
description: "Sino Wealth released its 2024 annual report, with operating revenue of 1.343 billion yuan, a year-on-year increase of 3.32%; net profit attributable to the parent company was 134 million yuan, a year-on-year decrease of 28.01%. After deducting non-recurring gains and losses, the net profit was 131 million yuan, a year-on-year increase of 26.61%. Earnings per share were 0.3924 yuan, with a proposed cash dividend of 2.0 yuan for every 10 shares. The total sales of chips amounted to 885 million units, with a gross profit margin of 33.60%. The net cash flow from operating activities was 183 million yuan, and research and development expenses were 300 million yuan, accounting for 22.35% of revenue"
datetime: "2025-03-28T12:48:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233637644.md)
  - [en](https://longbridge.com/en/news/233637644.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233637644.md)
---

# Sino Wealth released its 2024 annual performance, with a net profit attributable to the parent company of 134 million yuan, a decrease of 28.01%

According to the Zhitong Finance APP, Sino Wealth (300327.SZ) released its annual report for 2024, reporting an operating income of 1.343 billion yuan, a year-on-year increase of 3.32%. The net profit attributable to shareholders of the listed company was 134 million yuan, a year-on-year decrease of 28.01%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 131 million yuan, a year-on-year increase of 26.61%. The basic earnings per share were 0.3924 yuan. In addition, it plans to distribute a cash dividend of 2.0 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, the company sold a total of 885 million chips, an increase of nearly 9% year-on-year; the gross profit margin was 33.60%, a decrease of 2.01% year-on-year, mainly due to the impact of intense market competition leading to a greater reduction in selling prices than in costs; the net cash flow from operating activities was 183 million yuan, greater than the net profit, mainly due to a decrease in inventory of 96 million yuan. The company maintained its investment in research and development, with R&D expenses of 300 million yuan, accounting for 22.35% of the company's revenue

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