Hytera(SZ:002583)2024-04-26 13:47Financial Performance - Total revenue for 2023 was approximately RMB 5.65 billion, remaining flat compared to the previous year, but showing a 5.17% growth when excluding the impact of the subsidiary Saipul[2] - Net profit attributable to shareholders was a loss of approximately RMB 387.86 million, a decrease of 195.18% year-on-year[3] - The net profit after deducting non-recurring gains and losses was approximately RMB 97.51 million, an increase of 64.34% compared to the previous year[3] - The weighted average return on net assets was -6.42%, down from 6.90% in the previous year, indicating a significant decline in profitability[2] Assets and Liabilities - The company recorded a total asset increase of 2.70%, reaching approximately RMB 11.82 billion at the end of the reporting period[2] - The company incurred an additional estimated liability of approximately RMB 1.77 billion due to cash guarantees related to litigation, impacting the financial results[5] - The total estimated liabilities from cash guarantees amounted to approximately RMB 5.04 billion, contributing to the net loss for the period[13] Legal Matters - The company plans to continue legal actions to protect its rights and interests amid ongoing litigation[7] Debt Management - The company has optimized its interest-bearing debt structure, resulting in a reduction in interest expenses year-on-year[3] Cautionary Note - The financial data presented is preliminary and subject to change upon final audit, highlighting the need for investors to be cautious[9]