ELECSPN(002935)2025-02-28 08:55Financial Performance - Total operating revenue for 2024 was CNY 964,367,661.91, a decrease of 13.04% compared to the previous year[4] - Net profit attributable to shareholders was CNY 64,197,264.83, down 26.37% year-on-year[5] - Net profit after deducting non-recurring gains and losses was CNY 60,970,272.56, a decline of 27.84% compared to the previous year[5] - The company's basic earnings per share decreased to CNY 0.1511, down 26.33% from the previous year[4] - The weighted average return on net assets decreased to 4.09%, down from 5.72% in the previous year[4] Assets and Equity - Total assets increased to CNY 2,862,266,303.24, reflecting an increase of 11.43% from the beginning of the period[4] - The company's equity increased by 19.36%, with total equity reaching CNY 426,652,824.00[4] Market Challenges - The decline in revenue was attributed to reduced product deliveries and increased market competition affecting profit margins[5] - The overall performance decline was influenced by challenges in the defense equipment sector and competitive pressures[5] Earnings Forecast - The company did not provide prior earnings forecasts for 2024 before this announcement[6]