Financial Performance - The company achieved total operating revenue of RMB 52,274.70 million, a year-on-year increase of 27.70%[4] - The net profit attributable to the parent company was a loss of RMB 348.39 million, an improvement of 95.13% compared to the previous year[6] - The basic earnings per share were reported at RMB -0.04, an improvement from RMB -0.71 in the previous year[4] - The weighted average return on net assets increased by 8.74 percentage points to -0.48%[4] Assets and Equity - The total assets at the end of the reporting period were RMB 106,551.56 million, reflecting a growth of 3.98% from the beginning of the period[7] - The equity attributable to the parent company decreased by 2.76% to RMB 72,580.79 million[7] Product and Market Focus - The company's core products are primarily applied in commercial vehicles, passenger vehicles, and two-wheeled vehicles, with commercial vehicle sales continuing to contribute significantly to revenue[8] - The company plans to focus on project development and delivery, expanding key customers and projects to sustain revenue growth[8] Cost Management - The company implemented cost control measures, resulting in a decrease in related expenses and improved profit margins[10] - The gross profit margin remained relatively stable, benefiting from the stable mass production of certain commercial vehicle products[10]
鸿泉物联(688288) - 2024 Q4 - 年度业绩