东岳硅材(300821) - 2024 Q4 - 年度业绩

Financial Performance - Total operating revenue for 2024 reached approximately CNY 5.15 billion, an increase of 7.27% compared to the previous year[5] - Net profit attributable to shareholders was approximately CNY 56.76 million, representing a growth of 120.94% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was about CNY 74.36 million, up 127.29% from the previous year[5] - Basic earnings per share improved to CNY 0.05, a 121.74% increase compared to a loss of CNY 0.23 in the previous year[5] - The weighted average return on equity rose to 1.16%, an increase of 6.54 percentage points from -5.38% in the previous year[5] - Total assets at the end of the reporting period were approximately CNY 6.37 billion, a slight increase of 0.70% from the beginning of the period[5] - There were no discrepancies between the reported performance and the previously announced earnings forecast[8] Market Conditions - The company faced intense market competition due to rapid capacity expansion in the silicone industry, impacting future market stability[7] - Despite a decrease in product sales prices, the company managed to increase total production, sales volume, and operating revenue[7] - The company emphasized cost control and efficiency improvements, leading to a decrease in production costs and an increase in gross profit margin[7]