INTG Latest Report

The Intergroup's (INTG) financial performance in 2024

The Intergroup's operating revenue totaled RMB144.41 million as of December 31, 2024, up 0.84% from RMB143.21 million in 2023. Despite the slight revenue growth, the company's net profit was RMB-36.97 million, indicating weak profitability and reflecting challenges in cost control and profit models.

Key financial data

1. The operating revenue in 2024 was RMB144.41 million, up RMB12 million from RMB143.21 million in 2023, a 0.84% YoY increase, showing weak revenue growth.

2. Sales costs were RMB1.1263 million, with gross profit of RMB31.78 million, significantly higher than RMB21.1 million in 2023, indicating increased revenue but ineffective cost control.

3. Interest expenses increased to RMB38.67 million, higher than RMB25.91 million in 2023, squeezing the net profit margin.

4. Net cash provided by operating activities was RMB25.79 million, showing some operating ability, but the net profit remained negative, indicating the need for improvement in profitability and cash flow management.

Industry comparison

1. Overall industry analysis: The overall industry's operating revenue in 2024 generally faced a growth bottleneck, with many companies encountering challenges in cost control and market expansion, leading to increased competition and declining profit levels. Enterprises need to find new growth points to maintain profitability.

2. Peer evaluation analysis: The Intergroup's operating revenue growth was small, and its net profit was negative, indicating its lack of competitiveness in the industry. In contrast, peer companies achieved higher revenue and profit levels through more effective cost management and market strategies.

Summary

The Intergroup's revenue growth in 2024 improved slightly, but its overall profitability remains insufficient, facing significant market competition pressure and cost control challenges. The company's continuous losses and increased interest expenses affected its net profit, reflecting the need to strengthen operational efficiency and financial management.

Opportunities

1. The Intergroup plans to expand its market in the probiotics and plant-based product sectors in 2024, which may bring new sources of revenue.

2. Cooperation with leading suppliers can help drive the development of new products and market layout, enhancing market competitiveness.

3. Expanding into international markets and establishing overseas subsidiaries can open new growth channels and enhance brand influence.

Risks

1. Intense competition may lead to further profit compression, affecting the company's long-term profitability.

2. Persistently high sales costs may limit the company's gross margin and net profit, affecting financial health.

3. Geopolitical tensions and supply chain uncertainties may further increase the company's operating risks, affecting market performance and financial stability.