UNI-T(688628)2025-04-11 11:20Financial Performance - The company achieved operating revenue of CNY 1,130,401,616.57 in 2024, representing a year-on-year increase of 10.81%[20]. - Net profit attributable to shareholders reached CNY 183,403,762.13, up 13.64% compared to the previous year[20]. - The basic earnings per share increased to CNY 1.66, reflecting a growth of 13.70% year-on-year[19]. - The gross profit margin for main products improved from 43.34% to 45.22%[21]. - The company reported a net cash flow from operating activities of CNY 193,978,784.29, a decrease of 8.38% compared to the previous year[20]. - Domestic sales revenue was CNY 506,996,200, a year-on-year increase of 19.69%[21]. - Export revenue amounted to CNY 618,514,800, showing a growth of 4.25% year-on-year[21]. - Total assets at the end of 2024 were CNY 1,705,033,147.02, an increase of 18.34% from the previous year[20]. - The company’s weighted average return on equity rose to 15.12%, an increase of 0.77 percentage points year-on-year[19]. - The company’s gross margin for main products improved from 43.34% last year to 45.22% in 2024[65]. Research and Development - Research and development expenses accounted for 10.36% of operating revenue, an increase of 0.19 percentage points from the previous year[19]. - The company increased R&D investment to CNY 117.11 million, a year-on-year growth of 12.92%, accounting for 10.36% of operating revenue[30]. - The number of R&D personnel reached 334, a 15.57% increase year-on-year, representing 24.69% of the total workforce[30]. - The company launched 58 new patents during the reporting period, including 19 invention patents, enhancing its competitive edge[30]. - The company has accumulated 526 patents, including 96 invention patents, and has established a key technology matrix and intellectual property protection system covering core product lines[84]. - The company has participated in the drafting of four national standards and has received three China Patent Excellence Awards, showcasing its strong R&D capabilities[84]. - The company is committed to enhancing product durability with improved waterproof and dustproof designs for specialized environments[100]. - The company is actively investing in R&D to maintain its competitive advantage and address the risks associated with new product development[123]. Product Development and Innovation - The company introduced several new products, including the UTS7000A series signal analyzer with a frequency range of 2Hz to 40GHz[32]. - The company’s MSO8000HD series oscilloscope features a bandwidth of up to 8GHz, showcasing advancements in high-resolution technology[33]. - The company’s new 1500W wide-range switching power supply UDP6724 is designed for aging tests in the renewable energy sector[34]. - The company has developed a comprehensive product matrix including spectrum analyzers, signal analyzers, RF signal sources, and vector RF signal sources, covering frequency ranges necessary for basic scientific research[40]. - The company has expanded its product line in the photovoltaic sector, addressing measurement needs without the need for power shutdowns, thus solving industry pain points[47]. - The company has developed a series of innovative measurement instruments that achieve or exceed domestic and international standards in measurement accuracy and range[100]. - The company is developing a multifunctional photovoltaic I-V curve tester with a maximum testing power of 15kW, which will be internationally leading[91]. - The company is focusing on expanding its global market presence while improving management and cultivating specialized talent[160]. Market Presence and Sales - The company has established a sales network covering over 80 countries and regions, with nearly 400 distributors globally[121]. - The company has established regional sales offices in North, East, and West China, enhancing customer connections and meeting diverse market demands[63]. - The company is positioned to benefit from the growth in the electronic measurement instrument market driven by automation and new energy vehicles[158]. - The company aims to enhance its overseas sales network and brand building to increase its market share in international markets[163]. - The company has a strong market presence and brand effect in the testing and measurement instrument sector, supported by its extensive product matrix and technological advantages[83]. Governance and Compliance - The company has implemented governance improvements, including the revision of multiple governance documents to enhance operational compliance and protect investor rights[69]. - The company has established a governance structure that includes a shareholders' meeting, board of directors, and supervisory board to ensure effective decision-making and protect shareholder rights[168]. - The company has not faced any rejected proposals during the shareholder meetings held in 2024[170]. - The company has maintained a consistent attendance record at board meetings, with no directors missing two consecutive meetings[188]. - The company is committed to compliance with regulatory requirements as evidenced by the audit committee's adherence to relevant laws and guidelines[191]. Employee Management and Development - The total number of employees in the parent company is 1,028, while the main subsidiaries have 325 employees, resulting in a total of 1,353 employees[197]. - The company adheres to labor laws and continuously improves its human resource management system, ensuring compliance with relevant regulations[198]. - A new employee onboarding training system is established, encouraging ongoing education and professional development for all staff[200]. - The company emphasizes management training to enhance leadership skills and overall management quality, contributing to core competitiveness[200]. - The compensation policy is designed to enhance employee motivation and stability, aligning with industry standards and regional differences[199]. Financial Management - The company has implemented a comprehensive information management system to enhance operational efficiency and decision-making capabilities[122]. - The company’s cash and cash equivalents decreased by 34.62% to 222,889.51 million, mainly due to cash dividend distributions[149]. - The total liabilities of the company showed a significant change, reflecting the impact of increased operational activities and investments[148]. - The company reported a significant increase in freight costs, which rose by 92.10% to 7,008.17 million[138]. - The company has a total of 157.18 million in restricted assets due to loan guarantees and collateral[152].