乐鑫科技(688018) - 2024 Q4 - 年度业绩

Financial Performance - Total revenue for 2024 reached RMB 200,691.97 million, a year-on-year increase of 40.04%[3] - Operating profit increased to RMB 33,408.91 million, reflecting a significant growth of 217.40% compared to the previous year[3] - Net profit attributable to shareholders was RMB 33,988.74 million, up 149.54% year-on-year[3] - The basic earnings per share rose to RMB 3.5109, representing a 106.38% increase from the previous year[3] - The weighted average return on equity increased by 9.94 percentage points to 17.08%[3] Research and Development - Research and development expenses increased by approximately 21.45% to RMB 8,659.25 million compared to the same period last year[9] Cash Flow and Inventory - The net cash flow from operating activities was RMB 23,702.71 million, a decrease of RMB 6,557.03 million year-on-year[9] - Inventory at the end of the period was RMB 48,562.03 million, a 100.38% increase compared to the previous year[9] Assets and Business Model - The total assets at the end of the reporting period were RMB 264,828.50 million, up 20.17% from the beginning of the period[3] - The company's business model focuses on long-term digital upgrades in the IoT sector, rather than short-term explosive growth from specific industries or clients[6]