经纬恒润(688326) - 2024 Q4 - 年度业绩

Financial Performance - The company achieved total operating revenue of RMB 554,061.02 million, representing a year-on-year increase of 18.45%[4] - The net profit attributable to the parent company was a loss of RMB 50,609.70 million, a decrease of RMB 28,884.04 million compared to the same period last year[6] - The equity attributable to the parent company decreased by 14.80% to RMB 422,749.10 million[4] - The basic earnings per share were -RMB 4.40, compared to -RMB 1.82 in the previous year[4] - The weighted average return on net assets was -11.29%, a decrease of 7.08 percentage points from the previous year[4] Assets and Liabilities - The total assets at the end of the reporting period were RMB 946,456.04 million, an increase of 1.47% from the beginning of the period[6] Factors Affecting Profit - The decline in net profit was primarily due to increased competition, changes in revenue structure, and rising R&D and operational expenses[7] - The company reported a significant impact on profits due to fair value changes of investments in upstream and downstream enterprises[8] Strategic Initiatives - The company is actively expanding its product offerings and market presence in response to the growing demand for new technologies in the automotive sector[7] Financial Data Disclaimer - Investors are advised to note that the financial data is preliminary and subject to final audit in the annual report[9]