Chengdu Galaxy Magnets Co.,Ltd.’s Net Profit Dropped 8.6% in 2024

Chengdu Galaxy Magnets Co.,Ltd. (成都银河磁体股份有限公司) (300127.SZ) reported a net profit of 147.2 million yuan in 2024, down 8.6% year-on-year.

Meanwhile, the company posted 798.9 million yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 106.8 million yuan in total liabilities, with a liability-to-asset ratio of 6.9%.