GREAT MICROWAVE(SH:688270)2025-02-24 11:20Financial Performance - The total operating revenue for 2024 was RMB 303,542,431.68, an increase of 8.10% compared to RMB 280,797,521.10 in the previous year[5] - The net profit attributable to the parent company was RMB 18,131,031.55, a decrease of 74.98% from RMB 72,480,364.88 in the previous year[5] - The basic earnings per share decreased by 76.47% to RMB 0.08 from RMB 0.34 in the previous year[5] - The net profit attributable to the parent company, excluding non-recurring gains and losses, was RMB -4,310,332.54, a decrease of 106.74% compared to RMB 63,996,232.46 in the previous year[5] Assets and Equity - The company's total assets at the end of the reporting period were RMB 2,235,402,084.34, a decrease of 0.44% from RMB 2,245,228,030.57 at the beginning of the period[6] - The company's equity attributable to the parent company increased by 0.35% to RMB 2,141,715,463.12 from RMB 2,134,310,881.17 at the beginning of the period[6] Research and Development - The company increased its R&D investment significantly, resulting in the development and iteration of dozens of new products during the reporting period[8] - The company acquired a headquarters R&D base to enhance production efficiency and improve the success rate of pre-research projects[9] Capital Management - The company implemented a capital reserve conversion plan, increasing its share capital by 40.00% during the reporting period[9] Credit and Sales - The company faced increased credit impairment losses due to slow sales collection from downstream customers[8]