2025-02-11 09:35Financial Performance - In Q4 2024, the company achieved total revenue of RMB 15,916.9 million, a 31.0% increase year-over-year[7] - For the full year 2024, the company reported total revenue of RMB 57,795.6 million, up 27.7% from RMB 45,250.4 million in 2023[7] - The gross profit for Q4 2024 was RMB 3,357.2 million, with a gross margin of 21.1%[7] - The company’s Q4 2024 operating profit was RMB 2,746.2 million, reflecting a 57.8% increase from RMB 1,740.4 million in Q4 2023[7] - The net profit attributable to shareholders for 2024 was RMB 3,698.7 million, a decrease of 23.3% compared to RMB 4,822.8 million in 2023[8] - The net profit attributable to shareholders after excluding non-recurring gains and losses for 2024 was RMB 2,645.5 million, down 19.1% from RMB 3,269.5 million in 2023[8] - The company’s weighted average return on equity decreased to 0.68% in Q4 2024 from 0.80% in Q4 2023[7] Capital Expenditure and Utilization - The company’s capital expenditure for 2024 was USD 7.33 billion, with an average capacity utilization rate of 85.6%[9] Future Outlook - The company expects Q1 2025 sales revenue to grow by 6-8% quarter-over-quarter, with a gross margin forecasted between 19%-21%[10] Assets - The total assets as of December 31, 2024, were RMB 353,415.3 million, a 4.4% increase from RMB 338,463.2 million in 2023[7]