DIST Latest Report
2min read Financial Performance in the Current Report
Based on the provided data, distoken (stock code: DIST) recorded a revenue of -396213 yuan at the end of 2024, compared to -443959 yuan at the end of 2023, indicating a slight improvement in revenue, with a decrease of approximately 47846 yuan. This change suggests that the company has made progress in reducing operating losses, but the revenue remains negative, indicating ongoing operating difficulties.
Key Financial Data
1. Change in Revenue: The revenue in 2024 was -396213 yuan, an improvement compared to 2023, indicating that the company has made some progress in reducing losses.
2. Special Items in Operating Expenses: The special items in operating expenses in 2024 were 396213 yuan, a decrease from 443959 yuan in 2023, showing the company's effectiveness in controlling special expenses.
3. Significant Decline in Net Profit: The net profit in 2024 was -63214 yuan, compared to 224697 yuan in 2023, indicating a significant decline in the company's overall profitability.
4. Continued Financial Pressure: Interest income and expense were the same in 2024, at 311928 yuan, indicating that the company faces significant financial management pressure.
5. Net Cash Provided by Operating Activities: The net cash provided by operating activities in 2024 was -835687 yuan, similar to -830039 yuan in 2023, indicating ongoing difficulties in cash flow management.
Peer Comparison
1. Industry-wide Analysis: Distoken's industry is affected by macroeconomic fluctuations, facing high costs and low demand, leading to a general trend of declining revenue for the company and the industry.
2. Peer Evaluation Analysis: Compared to other companies in the same industry, Distoken's revenue performance is poor, although it has improved, but still remains in the negative zone, indicating pressure in the competition.
Summary
Distoken's financial performance in 2024 shows ongoing operating difficulties, with a slight improvement in revenue but still negative, and a significant decline in net profit indicating a significant impact on the company's profitability. The company's financial pressure and cash flow management issues remain prominent, requiring further optimization of operations and cost control to improve the current situation.
Opportunities
1. Product Line Expansion: By increasing R&D investment in new products, Distoken can expand the market and improve revenue.
2. Market Expansion: Actively expanding into new markets, especially in tertiary hospitals and primary healthcare markets, can help increase market share.
3. Customer Relationship Management: Strengthening customer relationship management and optimizing the collection mechanism can ensure stable revenue sources.
4. Internal Management Efficiency Improvement: Improving internal management efficiency can help reduce operating costs and increase revenue.
Risks
1. Macroeconomic Fluctuations: Cyclical fluctuations can lead to unstable demand, affecting revenue.
2. Slowing Industry Demand: A temporary slowdown in overall industry demand can negatively impact revenue.
3. Intensifying Competition: Pressure from competitors in the same industry can lead to price wars and declining profits, affecting profitability.
4. Rising Raw Material Costs: Fluctuations in raw material prices can further increase production costs, affecting overall profitability.