Financial Performance - In 2024, the company achieved total operating revenue of RMB 429.15 million, a year-on-year increase of 9.47%[3] - The net profit attributable to shareholders was RMB -36.27 million, an improvement of 41.21% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB -109.74 million, a year-on-year increase of 31.23%[5] - The company recognized a one-time non-recurring income of RMB 279 million from a subsidiary, significantly impacting the financial results[5] Operational Highlights - The company's hydropower segment generated 359 million kWh of electricity, representing a 56.05% increase year-on-year, contributing an additional RMB 33.7 million in revenue[5] - The company reported a decrease in comprehensive purchasing costs due to increased electricity generation from small hydropower and renewable energy sources[5] Asset and Equity Management - Total assets at the end of the reporting period were RMB 1,450.67 million, a decrease of 2.95% from the beginning of the period[3] - The average return on equity was -1.02%, an improvement from -1.71% in the previous year[3] Impairment and Cautionary Notes - Impairment losses for the period totaled RMB 133.48 million, including significant credit impairment losses on receivables[6] - The company emphasizes that the financial data is preliminary and subject to audit, urging investors to be cautious[7]
郴电国际(600969) - 2024 Q4 - 年度业绩