CODI Latest Report

Financial Performance

Compass Diversified (stock code: CODI) recorded a total operating revenue of RMB548,725,000 as of December 31, 2024, up 15.97% from RMB473,130,000 as of December 31, 2023. This growth indicates a significant improvement in the company's operating revenue, possibly related to improved product sales and market expansion strategies.

Key Financial Data

1. The total operating revenue in 2024 was RMB548,725,000, up 15.97% YoY, showing strong sales growth.

2. Sales costs rose to RMB323,884,000, but gross profit increased to RMB224,841,000, indicating good cost control and pricing ability.

3. Non-current operating income significantly decreased to RMB1,707,000, affecting overall profitability but not hindering the growth of total operating revenue.

Peer Comparison

1. Industry-wide analysis: The overall industry's operating revenue in 2024 was generally affected by economic recovery, with most companies reporting sales growth, and the overall operating revenue growth rate ranged from 5% to 20%, indicating a rebound in market activity.

2. Peer evaluation analysis: CODI's operating revenue growth rate of 15.97% was higher than the industry average, indicating its good competitiveness in the market, reflecting effective market strategies and product positioning.

Summary

Compass Diversified's operating revenue significantly increased in 2024, driven by the recovery of market demand, improved sales strategies, and optimized product portfolio. Although non-current operating income decreased, the improvement in gross profit shows the company's positive performance in cost control.

Opportunities

1. The company plans to launch new products and expand channels to enhance market competitiveness.

2. Its layout in the smart home field may bring new growth points.

3. The active acquisition of innovative enterprises may strengthen the company's market position and product portfolio.

Risks

1. A weak macroeconomic environment may threaten operating revenue, especially the delayed delivery of automotive equipment.

2. The industry as a whole faces pressure on revenue and profit, and the continuous shrinking of market demand needs to be cautious.

3. Intensified competition may affect the company's market share and profitability.