WebRAY(688651)2025-02-27 08:50Financial Performance - Total revenue for 2024 reached RMB 318.04 million, an increase of 9.35% compared to RMB 290.83 million in the previous year[3] - Operating profit decreased by 47.37% to RMB 22.02 million from RMB 41.85 million year-on-year[3] - Net profit attributable to shareholders of the parent company fell by 52.64% to RMB 20.13 million, down from RMB 42.51 million in the previous year[3] - Basic earnings per share decreased by 53.03% to RMB 0.31 from RMB 0.66 year-on-year[3] - The company's return on equity (ROE) decreased by 5.16 percentage points to 2.27% from 7.43% year-on-year[3] Assets and Liabilities - Total assets increased by 4.14% to RMB 1,187.95 million from RMB 1,140.76 million at the beginning of the period[4] Expenses and Investments - Research and development expenses increased significantly due to higher investment in new product directions, impacting overall profitability[5] - Sales expenses rose as the company expanded its workforce in key business areas, contributing to the decline in profits[5] Client Relations and Financial Health - The company faced longer payment cycles from some clients, leading to an increase in bad debt provisions, which negatively affected profit levels[5] Reporting and Auditing - The financial data presented is preliminary and unaudited, with final figures to be disclosed in the annual report[7]