CLOUDWALK(SH:688327)2025-02-27 08:35Financial Performance - Total operating revenue for 2024 was ¥398,250,065.27, a decrease of 36.60% compared to ¥628,122,118.15 in the previous year[4] - The net profit attributable to the parent company was -¥637,331,050.14, slightly improved from -¥643,457,156.38 year-on-year[4] - The basic earnings per share for the period was -0.61, slightly improved from -0.62 in the previous year[4] Asset and Equity Changes - Total assets decreased by 25.71% to ¥2,048,399,499.65 from ¥2,748,521,233.94 at the beginning of the period[4] - The equity attributable to the parent company decreased by 27.51% to ¥1,176,276,665.33 from ¥1,622,776,936.30[4] Operational Challenges - The company experienced a significant decline in new orders due to strategic adjustments in product mix and customer structure, leading to a temporary contraction in revenue[9] - The gross profit margin declined due to strategic decisions to enhance the demonstration effect of certain projects, impacting overall profitability[7] Cost Management and Investment - Despite the revenue decline, the company achieved a notable reduction in operating expenses due to effective cost control measures[7] - The company increased its investment in high-performance computing equipment, resulting in higher depreciation costs, which added to the financial burden in the short term[7] Strategic Focus - The company is focused on strategic transformation while closely monitoring cost control and business expansion to improve operational conditions[8]