FMSH(688385)2025-02-26 08:45Financial Performance - Total revenue for 2024 reached approximately RMB 358.95 million, a year-on-year increase of 1.51%[8] - Net profit attributable to shareholders of the parent company was approximately RMB 57.25 million, a decrease of 20.43% compared to the previous year[8] - Basic earnings per share were RMB 0.70, down 20.45% from RMB 0.88 in the previous year[6] - The company's gross profit margin decreased by 5.26 percentage points, leading to a gross profit decline of approximately RMB 156.22 million[8] - The weighted average return on net assets decreased by 4.41 percentage points to 10.27%[6] Assets and Equity - The company's total assets as of December 31, 2024, were approximately RMB 904.09 million, reflecting a growth of 7.48% from the beginning of the year[8] - The equity attributable to shareholders of the parent company increased to approximately RMB 589.40 million, up 11.15% from the start of the year[8] - The net asset per share attributable to shareholders of the parent company increased to RMB 7.18, a rise of 10.90% from the beginning of the year[6] Research and Development - Research and development expenses for the year amounted to approximately RMB 103.07 million, an increase of about RMB 2.01 million compared to the previous year[9] Impairment Losses - The company faced increased impairment losses due to higher accounts receivable and inventory valuation declines, with credit impairment losses rising by approximately RMB 3.20 million and asset impairment losses by approximately RMB 3.52 million[9]