RAYITEK(SH:688323)2025-02-27 09:15Financial Performance - The total operating revenue for 2024 reached CNY 339.05 million, representing a year-on-year increase of 22.88%[3] - The net profit attributable to the parent company was CNY -57.27 million, an increase in loss of CNY 37.67 million compared to the previous year[6] - The net profit attributable to the parent company after deducting non-recurring gains and losses was CNY -57.67 million, an increase in loss of CNY 35.78 million year-on-year[6] - The basic earnings per share were CNY -0.32, a decline compared to CNY -0.11 in the previous year[3] - The weighted average return on net assets was -5.90%, a decrease of 3.97 percentage points from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were CNY 2,563.95 million, an increase of 4.76% from the beginning of the period[6] - Equity attributable to the parent company decreased by 5.63% to CNY 943.12 million compared to the beginning of the period[6] Operational Challenges - The company faced pressure on short-term performance due to global economic recovery challenges and intensified competition[6] - Management expenses and financial expenses increased by 28.38% and 137.03% respectively due to depreciation and interest expenses from the new production project[7] Strategic Focus - The company is focusing on high-performance polyimide film R&D, production, and sales while adjusting product structure and expanding new product application markets[6]