According to the Zhitong Finance App, Chu Tianlong (003040.SZ) released the 2023 annual report. During the reporting period, the company achieved revenue of 1,336 billion yuan, a year-on-year decrease of 22.28%. Net profit attributable to shareholders of listed companies was 70.396 million yuan, a year-on-year decrease of 57.58%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 67.531 million yuan, a year-on-year decrease of 60.27%. Basic earnings per share were $0.15. It is proposed to distribute a cash dividend of 1.52 yuan (tax included) for every 10 shares to all shareholders.

According to the report, net cash flow from operating activities increased by 182.85% over the previous year, mainly due to a decline in accounts receivable, inventory, etc., and a decrease in the use of working capital.