Financial Performance - The company's operating revenue for 2024 was CNY 391,208,711.12, a decrease of 26.77% compared to the previous year[4] - The total profit for the period was CNY 53,178,054.61, down 34.11% year-on-year[4] - Net profit attributable to shareholders of the listed company was CNY 50,837,277.05, reflecting a decline of 35.99%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 20,606,114.06, a significant drop of 71.29%[4] - Basic earnings per share decreased to CNY 0.31, down 35.99% from the previous year[4] - Total assets at the end of the reporting period were CNY 745,262,869.11, a decrease of 2.50% from the beginning of the period[4] - Shareholders' equity attributable to the listed company increased by 3.27% to CNY 561,305,697.58[4] Market Conditions - The decline in revenue and net profit was primarily due to increased market competition and a surplus in the corn seed market, leading to lower sales and prices[7] R&D Investment - The company increased its R&D investment during 2024, resulting in higher R&D expenses and contributing to the decline in net profit[7] Financial Caution - The financial data presented is preliminary and unaudited, and investors are advised to exercise caution[8]
秋乐种业(831087) - 2024 Q4 - 年度业绩