Hillstone Networks(688030)2025-02-27 08:40Financial Performance - In 2024, the company achieved total operating revenue of RMB 99,658.95 million, representing a 10.60% increase compared to the previous year[5] - The net profit attributable to the parent company was a loss of RMB 13,741.36 million, a reduction of 42.70% in losses year-on-year[5] - The net profit attributable to the parent company, excluding non-recurring gains and losses, was a loss of RMB 14,683.75 million, a decrease in losses of 40.93% compared to the previous year[5] Assets and Equity - The company's total assets increased by 7.38% to RMB 198,867.17 million from RMB 185,207.17 million at the beginning of the period[4] - The equity attributable to the parent company decreased by 14.54% to RMB 92,211.56 million from RMB 107,894.26 million at the beginning of the period[4] Operational Strategy - The company focused on enhancing profitability and operational efficiency through a "technology + ecosystem" development path, leading to steady revenue growth[6] - The company plans to strengthen cost control and organizational adjustments in 2025, aiming to turn losses into profits[6] - The average output per sales personnel has been increasing year-on-year for the past three years, indicating improved operational efficiency[6] Risk Management - The company has seen a reduction in credit impairment losses due to improved management of accounts receivable[7] - The company emphasizes the importance of risk awareness, noting that the financial data presented are preliminary and unaudited[9]