Newtouch(SH:688590)2025-02-27 09:45Financial Performance - The total operating revenue for 2024 reached RMB 2,086,819,976.08, an increase of 24.02% compared to the previous year[5] - Operating profit decreased by 87.86% to RMB 9,120,322.55, while total profit fell by 92.24% to RMB 5,668,882.23[5] - Net profit attributable to the parent company was RMB 8,026,713.46, down 88.30% year-on-year[5] - The company reported a net profit of RMB -7,037,127.75 after excluding non-recurring gains and losses, a decline of 116.26%[5] - Basic earnings per share decreased by 88.63% to RMB 0.03[5] Assets and Cash Flow - Total assets increased by 15.68% to RMB 3,122,873,971.33 at the end of the reporting period[7] - The company aims to enhance cash flow management, achieving an operating net cash flow of approximately RMB 45 million[9] Strategic Plans - The company plans to achieve an operating revenue of RMB 2.087 billion in 2024, driven by a strategy to fully embrace artificial intelligence[7] Expenses and Investments - The company incurred RMB 34,981,800 in expenses for employee stock options and RMB 19,576,700 in convertible bond interest, impacting net profit[8] - The significant decline in profits is attributed to increased marketing and R&D investments, as well as stock option and convertible bond interest expenses[9]