---
title: "Zhongfu Shenying released its 2024 annual performance, with a net loss attributable to the parent company of 124 million yuan, turning from profit to loss"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233114153.md"
description: "Zhongfu Shenying released its 2024 annual report, with operating revenue of 1.557 billion yuan, a year-on-year decrease of 31.07%. The net loss attributable to shareholders of the listed company was 124 million yuan, with a basic loss per share of 0.14 yuan. The change in net profit was mainly due to the reduction in carbon fiber prices, impairment provisions for accounts receivable and inventory, among other factors"
datetime: "2025-03-25T11:58:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233114153.md)
  - [en](https://longbridge.com/en/news/233114153.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233114153.md)
generator: "portal-rs"
---

# Zhongfu Shenying released its 2024 annual performance, with a net loss attributable to the parent company of 124 million yuan, turning from profit to loss

According to the Zhitong Finance APP, Zhongfu Shenying (688295.SH) released its 2024 annual report, stating that the company's annual operating revenue for 2024 was 1.557 billion yuan, a year-on-year decrease of 31.07%; the net loss attributable to shareholders of the listed company was 124 million yuan, turning from profit to loss; the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was 185 million yuan, turning from profit to loss; the basic loss per share was 0.14 yuan/share.

During the reporting period, the change in the company's net profit was mainly due to the reduction in carbon fiber prices, the provision for impairment of accounts receivable and inventory, and the capitalization of interest for the full production of the Xining and Shanghai projects being expensed

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