赛特新材(688398) - 2024 Q4 - 年度业绩

Financial Performance - Total revenue for 2024 reached RMB 936.97 million, an increase of 11.57% compared to RMB 839.81 million in the previous year[5] - Net profit attributable to shareholders decreased by 26.19% to RMB 78.31 million from RMB 106.10 million year-on-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses fell by 32.79% to RMB 72.03 million from RMB 107.17 million in the previous year[5] - The weighted average return on net assets decreased by 3.63 percentage points to 6.85% from 10.48% in the previous year[5] Assets and Capital - Total assets at the end of the reporting period were RMB 2,000.04 million, a year-on-year increase of 6.27%[5] - Share capital increased by 44.67% due to the implementation of a capital reserve conversion plan and the conversion of convertible bonds[9] Operational Highlights - The company continues to focus on market-driven capacity expansion, benefiting from European energy efficiency standards and domestic appliance replacement policies[7] - The company achieved record high production and sales volumes for its main products during the reporting period[7] Challenges and Future Outlook - Losses from subsidiaries Wei Ai Ji and Anhui Sait were significant factors impacting overall profit, but improvements are expected in 2025[8] - The financial data presented is preliminary and unaudited, with final figures to be confirmed in the annual report[10]