Hoymiles(SH:688032)2025-02-27 08:40Financial Performance - The total operating revenue for 2024 was RMB 203,115.96 million, a slight increase of 0.25% compared to RMB 202,600.32 million in the previous year[4] - The net profit attributable to shareholders of the parent company decreased by 32.24% to RMB 34,683.56 million from RMB 51,185.45 million year-on-year[4] - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was RMB 29,720.38 million, down 43.60% from RMB 52,695.53 million in the previous year[4] - Basic earnings per share fell by 31.88% to RMB 2.82 from RMB 4.14 in the previous year[4] Assets and Equity - Total assets at the end of the reporting period reached RMB 834,762.06 million, an increase of 15.49% from RMB 722,769.73 million at the beginning of the period[5] - The company's equity attributable to shareholders of the parent company was RMB 636,025.56 million, a slight decrease of 0.27% from RMB 637,740.77 million[5] - The company increased its capital stock by 48.92% during the reporting period due to a capital reserve conversion, resulting in a total of 40,445,523 shares being issued[8] Strategic Focus - The decline in net profit was primarily due to increased strategic resource investments, including talent acquisition and R&D expenses, in response to intensified competition in the global photovoltaic market[6] - The company is focusing on enhancing product development, market expansion, and brand promotion to lay a foundation for future market growth[6] Financial Reporting - The financial data presented is preliminary and unaudited, with final figures to be confirmed in the 2024 annual report[9]