USISH(601231)2025-02-11 10:05Financial Performance - The total operating revenue for 2024 was RMB 60.69 billion, a decrease of 0.17% compared to RMB 60.79 billion in 2023[8]. - The net profit attributable to shareholders for 2024 was RMB 1.65 billion, down 15.16% from RMB 1.95 billion in 2023[9]. - The operating profit for 2024 was RMB 1.87 billion, representing a decline of 14.01% from RMB 2.18 billion in the previous year[9]. - The total expenses for sales, management, R&D, and financial costs in 2024 amounted to RMB 3.998 billion, an increase of 11.80% from RMB 3.576 billion in 2023[9]. - The basic earnings per share for 2024 were RMB 0.76, down 14.61% from RMB 0.89 in 2023[4]. - The return on total assets decreased to 5.01%, down 0.9 percentage points from 5.91% in the previous year[4]. Revenue Growth - The revenue from cloud and storage products increased by 13.35% year-on-year, while automotive electronics revenue grew by 16.24%[8]. Assets and Cash Flow - The total assets at the end of the reporting period were RMB 40.01 billion, an increase of 1.54% from RMB 39.40 billion at the beginning of the period[4]. - The cash turnover days improved to 42 days, a reduction of 13 days compared to 55 days in the previous year[4]. Future Outlook - The company expects a revenue decrease of up to 5% in the first quarter of 2025, with an operating profit margin decline of 0.5-0.7 percentage points[13].