QCIOT(688528)2025-02-27 07:50Financial Performance - The company achieved total operating revenue of RMB 320.52 million in 2024, a decrease of 1.99% compared to the previous year[4] - The net profit attributable to the parent company was a loss of RMB 64.53 million, a decrease of RMB 5.29 million year-on-year[6] - Total assets at the end of 2024 were RMB 908.71 million, down 10.38% from the beginning of the period[6] - The equity attributable to the parent company decreased by 20.92% to RMB 546.17 million[4] - The basic earnings per share for the period was -0.40 RMB, compared to -0.35 RMB in the previous year[4] - The weighted average return on net assets was -10.76%, a decrease of 2.54 percentage points from the previous year[4] Research and Development - The company maintained a high level of R&D investment, focusing on smart city IoT and intelligent sensor technologies[6] Market Performance - The revenue from the IoT smart gas meter segment declined due to intense market competition and high fixed costs[7] - The intelligent sensor business is emerging as a new growth point, with entry into the supply chains of several well-known automotive clients[7] Risk Management - The company emphasizes the importance of monitoring investment risks due to the preliminary nature of the financial data presented[10]