Yuneng Technology (SH:688348)2025-02-27 10:00Financial Performance - Total operating revenue for 2024 reached RMB 1.794 billion, an increase of 26.36% compared to the previous year[7] - Net profit attributable to shareholders of the parent company was RMB 142.30 million, a decrease of 35.38% year-on-year[7] - Net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was RMB 123.95 million, down 27.36% from the previous year[7] - Basic earnings per share decreased to RMB 1.08, down 23.40% from the previous year[4] - The weighted average return on net assets decreased by 1.98 percentage points to 3.91%[4] Assets and Equity - Total assets at the end of the reporting period amounted to RMB 4.632 billion, a decrease of 2.49% from the beginning of the year[9] - Shareholders' equity attributable to the parent company was RMB 3.619 billion, down 1.58% from the beginning of the year[9] - The company's share capital increased by 39.53% compared to the beginning of the year due to capital reserve conversion[10] Market Strategy and Challenges - The decline in net profit was primarily due to the high proportion of overseas revenue, which was affected by foreign exchange fluctuations and increased financial expenses[10] - The company aims to drive growth through a dual domestic and international market strategy, focusing on energy storage solutions[9]