Friend (SH:605050)2025-02-27 07:50Financial Performance - The total operating revenue for 2024 reached RMB 1,128.02 million, an increase of 15.55% compared to the previous year[3] - The net profit attributable to shareholders decreased by 25.84% to RMB 309.51 million[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 28.91% to RMB 277.45 million[3] - The basic earnings per share decreased by 25.88% to RMB 0.63[3] - The weighted average return on equity decreased by 2.98 percentage points to 7.30%[3] Assets and Equity - The total assets at the end of 2024 were RMB 875.18 million, reflecting a growth of 25.98% from the beginning of the year[3] - The equity attributable to shareholders increased by 2.32% to RMB 430.81 million[3] Market and Sales - The company achieved significant sales growth with a focus on major automotive manufacturers, contributing to an increase in market share[6] - The decline in operating profit was attributed to the drop in upstream raw material prices and overall profit reduction in the automotive industry[6] Strategic Focus - The company emphasizes the importance of risk management and strategic execution to enhance operational efficiency[6]