Houpu Clean Energy (SZ:300471)2025-02-28 13:44Financial Performance - Total operating revenue for 2024 was CNY 634.99 million, a decrease of 32.28% compared to the previous year[5] - Net profit attributable to shareholders was CNY -80.16 million, a decline of 14.19% year-on-year[5] - Operating profit decreased by 90.22% to CNY -88.41 million, while total profit fell by 86.48% to CNY -94.05 million[5] - The company reported a 12.88% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to CNY -75.89 million[6] Assets and Equity - Total assets at the end of the reporting period were CNY 2,232.63 million, down 6.72% from the beginning of the period[7] - Shareholders' equity attributable to the company was CNY 1,147.68 million, a decrease of 6.00%[7] Strategic Decisions - The company strategically abandoned some low-profit orders, leading to a significant drop in revenue but an improvement in gross margin for core business[7] Operating Expenses and Losses - The company faced increased losses due to high operating expenses and one-time costs related to equity incentives and bankruptcy restructuring of subsidiaries[7] Financial Reporting - The performance report does not include potential impacts from ongoing litigation, which may affect financial results[9] - The financial data presented is preliminary and has not been audited, with final figures to be disclosed in the annual report[9]