Sansec(SH:688489)2025-02-27 09:05Financial Performance - The company achieved total operating revenue of RMB 47,320.73 million, a year-on-year increase of 31.96%[5] - The net profit attributable to the parent company was RMB 4,222.27 million, a decrease of 37.24% compared to the previous year[5] - The net profit attributable to the parent company after deducting non-recurring gains and losses was RMB 1,532.56 million, down 73.55% year-on-year[5] - Operating profit and total profit decreased by 43.36% and 43.05%, respectively, primarily due to increased R&D investment and market expansion efforts[9] - The basic earnings per share decreased by 36.57% to RMB 0.3747[5] - The weighted average return on net assets decreased by 1.34 percentage points to 2.2073%[5] Assets and Acquisitions - The company’s total assets at the end of the reporting period were RMB 218,074.10 million, an increase of 4.88% from the beginning of the period[6] - The company completed the acquisition of Jiangnan Tianan, enhancing its password business ecosystem and driving performance growth[7] Research and Development - The company has developed new competitive products, including a new generation of password chips and a full range of quantum-resistant password products[7] - The company emphasizes the importance of ongoing R&D and talent acquisition to support long-term growth despite short-term profit declines[9]