---
title: "SDWH released its 2024 annual performance, with a net profit attributable to the parent company of 19.3829 million yuan, a decrease of 68.03%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235009885.md"
description: "SDWH released its 2024 annual report, with operating revenue of 401 million yuan, a year-on-year decrease of 38.69%; net profit attributable to the parent company was 19.3829 million yuan, a year-on-year decline of 68.03%. The net profit after deducting non-recurring gains and losses was 18.3964 million yuan, a year-on-year decrease of 68.71%. The basic earnings per share were 0.07 yuan. The decline in performance was mainly due to multiple challenges faced by the lithium battery business, including economic cycle fluctuations, a sluggish consumer market, and customer inventory cycles"
datetime: "2025-04-08T11:32:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235009885.md)
  - [en](https://longbridge.com/en/news/235009885.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235009885.md)
generator: "portal-rs"
---

# SDWH released its 2024 annual performance, with a net profit attributable to the parent company of 19.3829 million yuan, a decrease of 68.03%

According to the Zhitong Finance APP, SDWH (600241.SH) released its annual report for 2024, showing that the company's operating revenue was 401 million yuan, a year-on-year decrease of 38.69%. The net profit attributable to shareholders of the listed company was 19.3829 million yuan, a year-on-year decrease of 68.03%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 18.3964 million yuan, a year-on-year decrease of 68.71%. The basic earnings per share were 0.07 yuan.

During the reporting period, the lithium battery business faced multiple challenges, leading to a decline in performance. Affected by economic cycle fluctuations, a temporary downturn in the downstream consumer market, customer inventory cycles, and competition among peers, customers were cautious in placing orders, resulting in a decrease in orders; to mitigate accounts receivable risks, the company proactively reduced supply to certain customers, which affected sales scale to some extent; the decline in upstream raw material prices was transmitted to the battery manufacturing end, leading to a decrease in product prices in line with costs, further compressing revenue scale

### Related Stocks

- [600241.CN](https://longbridge.com/en/quote/600241.CN.md)
- [CP00043.US](https://longbridge.com/en/quote/CP00043.US.md)

## Related News & Research

- [TECHNICALS-New York coffee may revisit Wednesday high of $3.0025](https://longbridge.com/en/news/298557041.md)
- [DVF returns to runway spotlight with Henry Zankov at the helm](https://longbridge.com/en/news/298628109.md)
- [ASIA COFFEE-Vietnam coffee prices gain, Indonesian robusta premiums hold firm](https://longbridge.com/en/news/298567572.md)
- [Teqnion signs deal to buy UK door maker Unique Door Panels](https://longbridge.com/en/news/298609735.md)
- [TSX Growth Companies With High Insider Ownership To Watch](https://longbridge.com/en/news/298594238.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**