---
title: "Joyoung released its 2024 annual performance, with a net profit attributable to the parent company of 122 million yuan, a year-on-year decrease of 68.55%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233442943.md"
description: "Joyoung released its 2024 annual report, with revenue of 8.849 billion yuan, a year-on-year decrease of 7.94%; net profit attributable to the parent company of 122 million yuan, a year-on-year decrease of 68.55%; and earnings per share of 0.16 yuan. The company plans to distribute a cash dividend of 1.5 yuan for every 10 shares. To promote digital transformation, the company actively explores the value of big data and improves the new retail O2O shopping experience. During the reporting period, 1,392 new patent applications were filed, bringing the total number of patents to 14,262"
datetime: "2025-03-27T11:05:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233442943.md)
  - [en](https://longbridge.com/en/news/233442943.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233442943.md)
---

# Joyoung released its 2024 annual performance, with a net profit attributable to the parent company of 122 million yuan, a year-on-year decrease of 68.55%

According to the Zhitong Finance APP, Joyoung Co., Ltd. (002242.SZ) disclosed its 2024 annual report, stating that the company achieved revenue of 8.849 billion yuan during the reporting period, a year-on-year decrease of 7.94%; net profit attributable to the parent company was 122 million yuan, a year-on-year decrease of 68.55%; net profit excluding non-recurring gains and losses was 119 million yuan, a year-on-year decrease of 66.40%; basic earnings per share were 0.16 yuan. The company plans to distribute a cash dividend of 1.5 yuan (tax included) for every 10 shares to all shareholders.

In 2024, the company will leverage the advantages of its self-built digital middle platform network, actively explore the value of big data, continuously improve digital operations, and proactively adapt to the rapid integration of online and offline development trends. To better promote digital transformation and adapt to the fragmented information era, the company will not only serve private domain traffic users well but also attract more public domain traffic users' attention, completing a rich new retail O2O shopping experience closed loop that includes content seeding, offline experience, online ordering, nearby delivery, and on-site services, accumulating valuable experience for deeply exploring the value of the digital economy in the future.

During the reporting period, the company added 1,392 patent applications (including 207 invention applications, 947 utility model applications, and 238 design applications). As of the end of the reporting period, the company had a total of 14,262 patent technologies (including 924 invention patents, 11,623 utility models, and 1,715 designs)

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