SINEE(SH:688395)2025-02-26 08:10Financial Performance - Total revenue for 2024 was RMB 365.85 million, a decrease of 1.98% compared to the previous year[3] - Operating profit for 2024 was RMB 39.51 million, down 29.88% year-on-year[3] - Net profit attributable to shareholders was RMB 37.49 million, a decline of 26.67% from the previous year[3] - Net profit excluding non-recurring gains and losses was RMB 29.64 million, down 32.97% year-on-year[3] - Basic earnings per share decreased to RMB 0.43, a drop of 27.12% compared to the previous year[4] Assets and Equity - Total assets at the end of 2024 reached RMB 924.91 million, an increase of 10.25% from the beginning of the year[4] - Shareholders' equity attributable to the parent company was RMB 760.06 million, up 4.51% from the start of the year[4] Operational Challenges - The increase in sales and management expenses due to team expansion and acquisitions significantly impacted profit margins[6] - The decline in revenue was primarily attributed to reduced income from the logistics and construction machinery sectors[6] Strategic Focus - The company is focused on product and technology innovation, leading to increased R&D expenses[6]