---
title: "YCNE released its 2024 annual performance, turning from profit to a loss of 851 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232745573.md"
description: "YCNE released its 2024 annual report, with operating revenue of 3.422 billion yuan, a year-on-year decrease of 65.38%. The company's net loss attributable to shareholders of the listed company was 851 million yuan, with a net loss of 947 million yuan after deducting non-recurring gains and losses, and a basic loss per share of 0.4253 yuan. At the end of the reporting period, the company's total assets were 13.206 billion yuan, total liabilities were 7.822 billion yuan, net assets were 5.383 billion yuan, and the asset-liability ratio was 59.23%"
datetime: "2025-03-21T12:39:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232745573.md)
  - [en](https://longbridge.com/en/news/232745573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232745573.md)
---

# YCNE released its 2024 annual performance, turning from profit to a loss of 851 million yuan

According to the Zhitong Finance APP, YCNE (300080.SZ) released its 2024 annual report. During the reporting period, the company achieved operating revenue of 3.422 billion yuan, a year-on-year decrease of 65.38%. The net loss attributable to shareholders of the listed company was 851 million yuan. The net loss attributable to shareholders of the listed company, after deducting non-recurring gains and losses, was 947 million yuan. The basic loss per share was 0.4253 yuan.

As of the end of the reporting period, the company's consolidated total assets amounted to 13.206 billion yuan, a decrease of 21.59% compared to the beginning of the year; total liabilities were 7.822 billion yuan, a decrease of 14.63% compared to the beginning of the year; total net assets were 5.383 billion yuan, a decrease of 29.89% compared to the beginning of the year; the asset-liability ratio was 59.23%, an increase of 4.83% compared to the previous year. The decrease in the company's asset-liability scale was mainly due to the impact of the sale of Pingmei Longji equity, while the increase in the asset-liability ratio was mainly due to the share compensation for the performance commitment of Kaifeng Carbon during this period, which resulted in the cancellation of 303 million shares of capital stock, reducing owners' equity by 1.148 billion yuan, but it still remained at a reasonable level

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