苏垦农发(601952) - 2024 Q4 - 年度业绩

Financial Performance - Total operating revenue for 2024 decreased by 9.92% to CNY 10,961,065,099.62 from CNY 12,168,058,597.71 in the previous year[2] - Net profit attributable to shareholders fell by 10.75% to CNY 728,500,663.03 compared to CNY 816,204,813.47 in the prior year[2] - Basic earnings per share decreased by 10.17% to CNY 0.53 from CNY 0.59 year-on-year[2] - The weighted average return on equity decreased by 1.94 percentage points to 10.83% from 12.77%[2] Asset Management - Total assets at the end of the reporting period were CNY 14,409,588,355.96, a slight decrease of 0.12% from CNY 14,426,435,446.94 at the beginning of the period[2] Production and Sales - The production volume of self-produced wheat was 63.55 million tons, with a sales volume of 34.63 million tons, reflecting a production increase of 3.21%[8] - The sales volume of externally sourced wheat was 28.87 million tons, showing a decrease of 8.68% year-on-year[8] - The sales volume of rice increased by 9.86%, reaching 26.96 million tons, while production decreased by 8.21%[8] - The sales volume of seed wheat decreased by 31.45% to 29.55 million tons compared to the previous year[8] Profit Margins - The company reported a decrease in profit margins primarily due to falling sales prices and slower sales progress of wheat and wheat seeds[4]