Zhejiang Supor (002032) Q4 2024 earnings summary

Executive summary

• Achieved revenue of ¥22.43 billion in 2024, up 5.27% year-over-year, with net profit attributable to shareholders rising 2.97% to ¥2.24 billion.

• Domestic sales saw a slight decline amid a challenging market, but core categories gained market share both online and offline.

• Export business experienced significant order growth from major overseas clients, driving overall revenue increase.

Financial highlights

• Operating profit increased 1.90% year-over-year to ¥2.73 billion.

• Total assets at year-end reached ¥13.28 billion, up 1.34% from the start of the year.

• Basic EPS rose 3.71% to ¥2.82; net assets per share increased 1.91% to ¥8.02.

Outlook and guidance

• Full-year results align with previous forecasts, confirming revenue and net profit growth within the expected range.