Financial Performance - Total revenue for the current period is CNY 302,066,668.88, a decrease of 25.1% compared to CNY 403,641,154.18 in the previous period[14]. - Operating costs for the current period amount to CNY 238,929,176.04, down from CNY 319,584,656.92, reflecting a reduction of 25.2%[14]. - Net profit attributable to shareholders of the parent company is CNY -272,912,958.36, slightly improved from CNY -274,062,703.01 in the previous period[11]. - Total profit for the current period is CNY 1,241,457.89, down from CNY 3,465,743.41 in the previous period[17]. - Net profit attributable to shareholders is CNY 1,149,744.65, a decrease from CNY 2,771,712.63 in the previous period[26]. - The total comprehensive income for the current period is CNY 1,241,457.89, compared to CNY 21,439,214.27 in the previous period[26]. - Basic earnings per share for the current period is CNY 0.0029, down from CNY 0.01 in the previous period[26]. Assets and Liabilities - The total assets of Chengdu Siwi Science and Technology Company Limited as of December 31, 2024, amounted to RMB 1,004,717,519.26, an increase from RMB 995,768,004.39 in the previous period[7]. - Current assets totaled RMB 762,450,955.52, compared to RMB 750,445,119.08 in the previous year, reflecting a growth of approximately 1.4%[4]. - Non-current assets totaled RMB 242,266,563.74, slightly down from RMB 245,322,885.31, representing a decrease of about 1.1%[7]. - The company reported a total liability of RMB 762,450,955.52, which is consistent with the previous year's figures[4]. - The total equity of the company as of December 31, 2024, was RMB 242,266,563.74, reflecting a stable financial position[7]. - Total liabilities and shareholders' equity reached CNY 1,004,717,519.26, an increase from CNY 995,768,004.39[11]. Cash Flow - Cash inflow from operating activities is CNY 368,596,208.73, compared to CNY 338,538,275.94 in the previous period[28]. - The net cash flow from operating activities is CNY 86,125,476.16, a significant improvement from a negative CNY 120,213,835.43 in the previous period[28]. - The company reported a net increase in cash and cash equivalents of 67,262,956.25 RMB, compared to a decrease of -105,655,746.94 RMB in the previous period[37]. - The ending cash and cash equivalents balance was 440,790,899.45 RMB, up from 373,527,943.20 RMB at the beginning of the period[37]. Research and Development - Research and development expenses increased to CNY 15,077,845.62 from CNY 11,750,168.16, representing a rise of 28.5%[14]. - The company is focusing on developing new products to meet evolving customer demands and market trends[4]. - The company is investing in new technologies to enhance its product offerings and increase market competitiveness[1]. - Research and development team personnel increased by 39% year-on-year, with specialized teams established for different product lines[152]. Market Strategy and Expansion - The company plans to expand its market presence and invest in new technologies to enhance its competitive edge in the industry[4]. - Market expansion strategies are being implemented, targeting new geographical regions to increase market share[39]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the market[39]. - The company aims to deepen market penetration by promoting new applications of existing products and expanding into new markets, particularly in the optical fiber sector[174]. Shareholder Information - The company has a total of 400,000,000 shares outstanding, maintaining a stable share structure[1]. - The company is committed to enhancing shareholder value through consistent dividend payments and share buyback programs[1]. - The company did not distribute any final dividends for the year, consistent with the previous year[195]. Governance and Compliance - The financial statements were approved by the board of directors on March 21, 2025[45]. - The company has assessed its ability to continue as a going concern and found no significant doubts regarding its sustainability[49]. - The company has not arranged any other fundraising activities during the year[162]. - The company has made adjustments to its governance structure by abolishing the supervisory board, with the audit committee taking over its responsibilities[197]. Employee and Human Resource Management - Employee count as of December 31, 2024, was 436, with a focus on performance-based compensation and professional development opportunities[169]. - The company is facing human resource risks due to a weak R&D team and plans to control the increase of idle personnel while actively recruiting qualified candidates[187]. Risks and Challenges - The company has identified five key risks for 2025 and established three monitoring indicators for each risk, setting warning thresholds and indicator weights[180]. - The company is addressing the risk of high accounts receivable and inventory levels by implementing measures to accelerate cash flow and reduce bad debt losses[181].
四威科技(01202) - 2024 - 年度业绩