Pylon Technologies(SH:688063)2025-02-27 09:15Financial Performance - Total revenue for 2024 was CNY 200,632.73 million, a decrease of 39.19% compared to the previous year[2] - Net profit attributable to shareholders was CNY 4,102.07 million, down 92.04% year-on-year[5] - Basic earnings per share decreased by 94.28% to CNY 0.17[5] - Operating profit fell by 88.72% to CNY 6,802.44 million, and total profit decreased by 89.46% to CNY 6,333.09 million[2] Assets and Equity - Total assets at the end of the reporting period were CNY 1,166,659.76 million, a decrease of 3.83% from the beginning of the period[2] - The company's equity attributable to shareholders decreased by 3.64% to CNY 917,709.59 million[2] - The company's net asset per share attributable to shareholders was CNY 37.40, down 31.03% from the beginning of the period[5] Market Conditions - The decline in performance was attributed to increased market competition and pressure on sales prices of energy storage products[6] - The company emphasized the importance of cost control and stable gross margin despite the challenging market conditions[5] Capital Changes - The company's share capital increased by 39.71% due to the implementation of the 2023 annual profit distribution plan[7]