Zhongfu Shenying Carbon Fiber Co.,Ltd. Posted 124.4 Million Yuan Net Loss in 2024

Zhongfu Shenying Carbon Fiber Co.,Ltd. (中复神鹰碳纤维股份有限公司) (688295.SH) reported a net loss of 124.4 million yuan in 2024, reversing a net profit of 318 million yuan for the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 31.1% year-on-year.

At the end of the reporting period, it had 9.4 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 50.6%.