SLE Latest Report

Performance Review

Super League (SLE) recorded a significant decline in its operating revenue of RMB34.26 million as of December 31, 2024, compared to RMB95.1 million as of December 31, 2023. This change reflects the company's challenges in revenue generation, possibly related to market conditions, product demand, or internal management factors.

Key Financial Data

1. SLE's operating revenue in 2024 was RMB34.26 million, a decrease of 64.1% year-on-year (RMB95.1 million-34.26 million). This significant drop indicates a significant problem in revenue generation, which may lead investors to worry about the company's future profitability.

2. The main reasons for the decline in revenue include the completion of major orders in the previous period, insufficient capacity utilization leading to increased fixed costs, high operating expenses, and the provision for asset impairment. [Source](https://stock.cfi.cn/p20250329002765.html)

3. In 2024, the company is undergoing strategic adjustments, with the new CEO focusing on high-income projects to optimize resource allocation and enhance profitability. [Source](https://ih.advfn.com/stock-market/NASDAQ/super-league-enterprise-SLE/stock-news/95729177/super-league-reports-fourth-quarter-and-full-year)

Peer Comparison

1. Industry-wide analysis: In 2024, the overall industry may have been affected by macroeconomic fluctuations, leading to challenges for many companies in terms of revenue. The strategy game market has been active, attracting many manufacturers, but increased competition has put pressure on small and medium-sized enterprises. [Source](http://stock.finance.sina.com.cn/stock/go.php/vReport_Show/kind/industry/rptid/781910009065/index.phtml)

2. Peer evaluation analysis: Compared to other companies in the industry, SLE's operating revenue has decreased significantly. 361 Degrees (01361) saw growth in revenue from various products in 2024, demonstrating its stable market performance and growth potential. This indicates that SLE lacks competitiveness in the market and urgently needs to improve its performance to cope with industry competition. [Source](http://ai.iwencai.com/searchapp/content.html#type=report_pdf&uid=ba6efa2018c2cfce)

Conclusion

SLE's significant decline in operating revenue in 2024 reflects major challenges in the company's competition. Although the company is undergoing strategic adjustments to address the current situation, how to improve revenue and market performance remains a pressing issue in the increasingly competitive market.

Opportunities

1. The company's strategic adjustments may bring new growth opportunities, focusing on high-income and high-profit projects can effectively enhance profitability.

2. The growing demand for strategy games in the market, if new products that meet market demand are launched, will help restore revenue.

3. With the leadership of the new CEO, the company may drive innovation in products and services, enhancing market competitiveness.

Risks

1. The current competitive market environment is intense, and if SLE fails to adapt quickly, it may further lose market share.

2. Insufficient capacity utilization and high fixed costs may lead to ongoing financial pressure.

3. The provision for asset impairment may negatively impact net profit, potentially undermining investor confidence.