Raycloud(688365)2025-02-27 09:05Financial Performance - In 2024, the company achieved total revenue of 482.39 million RMB, a year-on-year increase of 1.46%[4] - The net profit attributable to the parent company was -82.90 million RMB, widening the loss by 349.41% compared to the previous year[7] - The basic earnings per share for 2024 was -0.19 RMB, compared to -0.04 RMB in the previous year[4] - The weighted average return on net assets was -8.41%, a decline from -1.84% in the previous year[4] Assets and Equity - Total assets at the end of 2024 reached 1,663.54 million RMB, reflecting a year-on-year growth of 6.11%[7] - The equity attributable to the parent company decreased by 6.60% to 955.70 million RMB[6] Business Strategy - The company focused on core business areas, reducing investment in low-margin non-core businesses while enhancing R&D and market expansion efforts[8] - The company continues to optimize its operational management amidst increasing market competition, indicating a stable improvement in overall business conditions[8] Investment Income - The company reported a slight improvement in investment income from joint ventures compared to the previous year[9] - Non-operating losses were impacted by a significant investment income recognition in the previous year, leading to a large year-on-year profit fluctuation[11]