JINHONG GAS(SH:688106)2025-02-27 09:25Financial Performance - Total operating revenue for 2024 reached RMB 2,525.28 million, an increase of 4.03% compared to the previous year[5] - Net profit attributable to shareholders decreased by 36.29% to RMB 200.68 million from RMB 315.00 million in the previous year[5] - The company's operating profit fell by 33.92% to RMB 264.78 million, while total profit decreased by 33.96% to RMB 264.73 million[5] - Basic earnings per share dropped by 35.38% to RMB 0.42, reflecting the decline in net profit[5] - Net profit after deducting non-recurring gains and losses fell by 45.00% to RMB 157.60 million[8] Assets and Equity - Total assets increased by 9.67% to RMB 6,843.03 million compared to the beginning of the period[5] - Shareholders' equity attributable to the company decreased by 2.08% to RMB 3,105.18 million[5] Market Challenges - The decline in profitability was attributed to increased market competition, reduced product prices, and impairment of goodwill and customer relationships[7] - The company increased its capital expenditures and R&D investments despite the challenging market environment[7] Financial Reporting - The financial data presented is preliminary and unaudited, with final figures to be disclosed in the annual report[9]