Autowell(688516)2025-02-26 09:55Financial Performance - In 2024, the company achieved total operating revenue of 894,648.84 million RMB, a year-on-year increase of 41.96%[3] - The company's net profit attributable to shareholders was 131,407.52 million RMB, reflecting a year-on-year growth of 4.64%[3] - The company's basic earnings per share rose to 4.18 RMB, up 4.85% from the previous year[3] - The net profit after excluding share-based payment expenses was 135,156.03 million RMB, an increase of 3.51% year-on-year[6] - The company reported a profit margin of 18.18% for operating profit, with operating profit reaching 162,630.18 million RMB, a 9.62% increase year-on-year[3] Assets and Equity - The total assets at the end of 2024 were 1,392,924.64 million RMB, a decrease of 10.81% compared to the beginning of the year[4] - The equity attributable to shareholders increased by 13.69% to 416,565.89 million RMB[4] - The company implemented a capital reserve conversion plan, increasing its share capital by 40.12% to 31,499.95 million RMB[4] Industry Challenges - The company faced challenges in the photovoltaic industry, including significant price declines and overcapacity, but maintained good performance through cost control and innovation[9] Return on Equity - The weighted average return on equity decreased by 9.43 percentage points to 32.34%[3]