Bayi Space(SH:688181)2025-02-26 10:05Financial Performance - In 2024, the company achieved total operating revenue of RMB 748.11 million, a decrease of 6.43% compared to the previous year[5] - The company's total profit for 2024 was RMB 98.92 million, down 24.91% year-on-year[5] - Net profit attributable to the parent company was RMB 79.33 million, reflecting a decline of 25.72% from the previous year[5] Assets and Shareholder Equity - The company's total assets at the end of the reporting period were RMB 2,918.25 million, an increase of 4.14% year-on-year[7] - The net asset per share attributable to the parent company was RMB 15.74, up 1.09% compared to the beginning of the period[7] Quarterly Performance - In Q4 2024, the company's operating revenue increased by approximately 15% compared to Q3 2024, indicating a recovery trend[8] Research and Development - The company has increased its R&D investment in OLED and photoresist materials, contributing to a rise in R&D and management expenses[8] Market Challenges and Strategies - The decline in profits was primarily due to cyclical impacts from the downstream panel industry and intensified competition[8] - The company is actively enhancing technology and expanding into high-end products and overseas markets to improve market share[8] Financial Data Disclaimer - Investors are advised to note that the financial data presented is preliminary and subject to change upon final audit in the annual report[10]