Guoguang Electric (SH:688776)2025-02-27 08:35Financial Performance - Total operating revenue for 2024 was CNY 542.91 million, a decrease of 27.17% compared to the previous year[4] - Net profit attributable to shareholders was CNY 48.14 million, down 46.72% year-on-year[4] - Basic earnings per share decreased to CNY 0.44, a decline of 46.99% from the previous year[4] Assets and Equity - Total assets at the end of the reporting period were CNY 2,463.96 million, an increase of 4.21% from the beginning of the year[5] - Shareholders' equity attributable to the parent company increased by 2.05% to CNY 1,874.65 million[5] Revenue Decline Factors - The decline in revenue was primarily due to decreased income from nuclear industrial equipment and components, along with increased stock incentive costs[8] Strategic Focus - The company is advancing its core products in the commercial aerospace sector and enhancing the reliability of microwave device products[6] - The company is focusing on aligning with new international ITER technical requirements and accelerating technology validation[7] Risk Management - The company emphasizes the importance of monitoring investment risks as the financial data is preliminary and unaudited[9]