润农节水(830964) - 2023 Q4 - 年度业绩

Financial Performance - The company achieved operating revenue of 747,473,153.66 yuan, a year-on-year increase of 13.27%[5] - Net profit attributable to shareholders decreased to 34,014,670.84 yuan, down 31.35% year-on-year[5] - Basic earnings per share fell to 0.13 yuan, a decline of 31.58% compared to the previous year[5] - Total assets at the end of the reporting period reached 1,145,566,027.90 yuan, reflecting a growth of 6.42% year-on-year[5] - Shareholders' equity attributable to the company increased to 897,725,074.04 yuan, up 2.39% year-on-year[5] Challenges and Risks - The decline in net profit was primarily due to a decrease in gross margin, influenced by intense competition and increased costs from project delays[6] - The company noted that slow project payments from government clients due to tight funding conditions led to increased bad debt provisions[6] - Investors are advised to exercise caution due to the preliminary nature of the financial data[7] Research and Development - The company increased its R&D investment, with R&D expenses rising year-on-year[6] Reporting and Auditing - Earnings report data is preliminary and has not been audited, with final figures to be disclosed in the annual report[7]