HGPE(301261)2025-03-12 13:22Revenue and Profit Performance - Total revenue for 2024 reached CNY 1,032.61 million, an increase of 16.91% compared to the previous year[5] - Operating profit decreased by 43.40% to CNY 79.57 million, while total profit fell by 44.44% to CNY 78.01 million[6] - Net profit attributable to shareholders was CNY 72.55 million, down 42.72% year-on-year, with a basic earnings per share of CNY 0.83, a decline of 50.89%[5][7] - The company reported a significant drop in net profit after deducting non-recurring gains and losses, which fell by 65.98% to CNY 37.94 million[6] Asset and Equity Changes - Total assets increased by 16.15% to CNY 2,740.54 million, while equity attributable to shareholders rose by 2.28% to CNY 1,517.90 million[5] - The weighted average return on net assets decreased to 4.81%, down from 12.42% in the previous year[5] Business Operations and Strategy - The decline in profits was primarily due to a significant drop in sales orders from Suzhou Meiyue New Energy Co., leading to an asset impairment provision of CNY 48.95 million[7] - The company continues to focus on high-end equipment components and has seen initial growth in its core robotics component business[6] Financial Reporting and Forecasts - The company did not provide prior earnings forecasts for 2024 before this announcement[8] - The financial data presented is preliminary and has not yet been audited by an accounting firm, with final figures to be disclosed in the annual report[10]