ASR(688220)2025-02-25 10:55Financial Performance - The total operating revenue for 2024 reached RMB 3.39 billion, representing a year-on-year increase of 30.23% compared to RMB 2.60 billion in the previous year[3] - The net profit attributable to the parent company was a loss of RMB 686.76 million, an increase in loss of RMB 181 million compared to the previous year's loss of RMB 505.82 million[5] - The basic earnings per share were -1.69, worsening from -1.22 in the previous year[3] - The weighted average return on equity decreased to -11.46%, down 4.19 percentage points from -7.27% in the previous year[3] - The company faced increased impairment provisions and a decline in non-recurring income, impacting overall profitability despite revenue growth[7] Assets and Investments - The total assets at the end of the reporting period were RMB 6.53 billion, a decrease of 10.52% from RMB 7.30 billion at the beginning of the period[4] - The net assets attributable to the parent company decreased by 10.70% to RMB 5.68 billion from RMB 6.36 billion[4] - The company increased its R&D investment, particularly in cellular baseband technology for smartphone chip platforms, contributing to higher share-based payment expenses[6] Market Performance - The company achieved significant growth in chip sales, particularly in niche markets within the cellular IoT sector, driving overall revenue growth[5] Cautionary Notes - The company warns investors that the financial data for 2024 is preliminary and unaudited, urging caution regarding investment risks[8]