Suzhou Centec (688702)2025-02-25 07:50Financial Performance - The total operating revenue for 2024 is expected to be 1,081.83 million CNY, an increase of 4.28% compared to the previous year[5] - The net profit attributable to the parent company is projected to be -68.53 million CNY, a loss increase of 4,900.04 million CNY year-on-year[5] - The basic earnings per share is expected to be -0.17 CNY, a decrease compared to -0.05 CNY in the previous year[3] - The net profit attributable to the parent company, excluding non-recurring gains and losses, is projected to be -108.74 million CNY, an increase in loss of 4,221.23 million CNY year-on-year[5] - The weighted average return on net assets is -2.89%, a decrease of 0.66 percentage points from the previous year[3] Assets and Equity - The total assets at the end of the reporting period are 2,662.11 million CNY, a decrease of 15.35% from the beginning of the period[5] - The equity attributable to the parent company is 2,333.02 million CNY, down 1.52% from the beginning of the period[5] Research and Development - The company has increased its investment in high-end chip research and development to capture opportunities in the domestic integrated circuit and network communication sectors[6] - The decline in profit metrics, including operating profit and total profit, exceeds 30% due to high R&D expenditures[8] Reporting Accuracy - The company has not identified any significant uncertainties affecting the accuracy of the earnings report[9]