SUPCON Technology (SH:688777)2025-02-27 10:00Financial Performance - In 2024, the company achieved total operating revenue of RMB 935,132.69 million, a year-on-year increase of 8.49%[6] - The net profit attributable to the parent company was RMB 112,994.23 million, reflecting a growth of 2.56% compared to the previous year[6] - The net profit attributable to the parent company after deducting non-recurring gains and losses was RMB 103,841.44 million, up 9.60% year-on-year[6] - Total assets at the end of the reporting period reached RMB 1,847,733.89 million, an increase of 3.34% from the beginning of the period[8] - The equity attributable to the parent company was RMB 1,032,316.36 million, representing a year-on-year growth of 5.07%[8] - The weighted average return on net assets decreased to 11.26%, down 2.44 percentage points from the previous year[4] - The overall expense ratio was effectively reduced, leading to improved operational management performance[9] Business Development - The company introduced a new subscription-based business model called PlantMembership, focusing on industrial AI and automation[9] - The company reported significant growth in overseas business, particularly in oil and gas, PLC, and robotics sectors[9] - The company emphasized the integration of AI technology with process industries, enhancing its core competitiveness in "AI + data"[9]