Appo(SH:688007)2025-02-27 10:30Financial Performance - Total revenue for 2024 reached CNY 2,418,574,391.82, representing a year-on-year increase of 9.27%[4] - Operating profit decreased by 76.70% to CNY 8,301,635.27 compared to the previous year[4] - Net profit attributable to shareholders of the parent company fell by 71.91% to CNY 28,983,348.17[4] - The basic earnings per share decreased by 73.91% to CNY 0.06[4] - The weighted average return on net assets dropped by 2.76 percentage points to 1.05%[4] - The decline in overall profit margins is attributed to changes in revenue structure and reduced government subsidies[7] Business Growth - The company's vehicle optical business generated over CNY 600 million in revenue during 2024, marking a significant growth phase[5] - The company has secured 12 vehicle model designations, covering a wide range of vehicle types and price segments[5] Future Investments - The company plans to increase investment in cutting-edge fields, particularly in AI and laser technology applications[6] Assets Overview - Total assets at the end of the reporting period were CNY 4,259,594,890.60, a slight increase of 0.92% from the beginning of the period[4]