Arcvideo Tech(688039)2025-02-27 09:05Financial Performance - Total revenue for 2024 was RMB 309.29 million, a decrease of 7.02% compared to the previous year[4] - Net profit attributable to shareholders was a loss of RMB 94.98 million, a reduction in loss of 31.27% year-on-year[6] - The equity attributable to shareholders decreased by 6.86% to RMB 1,162.84 million[4] - Basic earnings per share improved by RMB 0.40 year-on-year, reflecting better financial performance despite losses[8] Asset Management - The company's total assets at the end of the reporting period were RMB 1,468.88 million, down 8.05% from the beginning of the period[6] - Significant reduction in credit impairment losses due to improved management of receivables[10] - Historical receivables collection showed significant improvement, enhancing overall financial performance[7] Revenue Composition - The gross profit margin improved due to a structural change in revenue composition, with higher-margin business income increasing its share[8] Cost Management - Decrease in share-based payment expenses related to the restricted stock incentive plan[11] Strategic Investments - The company continues to invest in technology R&D and expand into domestic and international markets[7]