长阳科技(688299) - 2024 Q4 - 年度业绩

Financial Performance - Total revenue for 2024 reached RMB 1,332.95 million, an increase of 6.35% compared to RMB 1,253.34 million in the previous year[3] - Operating profit decreased significantly by 56.56% to RMB 38.05 million from RMB 87.58 million year-on-year[3] - Net profit attributable to shareholders of the parent company fell by 78.46% to RMB 20.55 million, down from RMB 95.42 million in the previous year[3] - Basic earnings per share dropped by 79.41% to RMB 0.07, compared to RMB 0.34 in the same period last year[3] - The net profit after deducting non-recurring gains and losses plummeted by 98.07% to RMB 1.10 million from RMB 56.85 million in the previous year[3] Assets and Equity - Total assets increased by 2.97% to RMB 3,436.11 million from RMB 3,336.97 million at the beginning of the period[3] - The return on equity decreased by 3.57 percentage points to 0.96% from 4.53% year-on-year[3] Expenses and Losses - The company's management and financial expenses increased due to higher costs at the Hefei subsidiary, impacting overall profitability[7] - The company experienced significant losses in projects such as separators, which are still in the capacity ramp-up and construction phase[6] - The company received fewer subsidies compared to the previous year, contributing to the decline in net profit[7]