Luster(688400)2025-02-27 13:20Financial Performance - The total revenue for 2024 was RMB 2.23 billion, a decrease of 15.39% compared to the previous year[4] - The net profit attributable to the parent company was RMB 1.05 billion, down 35.82% year-on-year[6] - The basic earnings per share were RMB 0.23, a decline of 34.54% compared to the previous year[4] - The weighted average return on equity decreased by 1.48 percentage points to 2.68%[4] - The equity attributable to the parent company was RMB 3.91 billion, down 1.64% from the beginning of the period[6] Investment and R&D - R&D investment reached RMB 454 million, accounting for 20.30% of total revenue[6] - The decline in profit metrics was primarily due to the decrease in revenue while maintaining high R&D investment[6] Assets and Liabilities - Total assets at the end of the reporting period were RMB 5.45 billion, an increase of 7.11% from the beginning of the period[6] Market Challenges - The company faced challenges due to a slowdown in industry investment and changes in demand structure[6] - Investors are advised to be cautious as the financial data is preliminary and subject to change upon final audit[7]