FRD(SZ:300602)2025-04-10 11:00Financial Performance - The total operating revenue for 2024 reached CNY 503,078.64 million, an increase of 15.76% compared to the previous year[4] - Operating profit was CNY 21,634.13 million, reflecting a significant growth of 142.62% year-over-year[4] - Net profit attributable to shareholders was CNY 18,889.03 million, up 83.01% from the same period last year[4] - The basic earnings per share increased to CNY 0.33, representing a growth of 73.68% year-over-year[4] - The weighted average return on equity rose to 4.96%, an increase of 1.84 percentage points compared to the previous year[4] Assets and Investments - The company’s total assets at the end of the reporting period were CNY 786,081.51 million, a 6.48% increase from the beginning of the period[4] - The company recognized an investment loss of CNY 2,695.26 million from its associate company, an increase from the previous year's loss of CNY 1,198.44 million[7] Research and Development - The company focused on enhancing R&D capabilities and expanding market applications, leading to a steady increase in market share and production capacity[6] - New product development and high initial costs impacted gross margins, particularly in the new energy vehicle sector[7] Non-recurring Items - Non-recurring gains and losses impacted net profit by CNY 3,132.52 million, primarily from government subsidies received[7]