闻泰科技2024年营收增长20.23% 净利润降339.83%至亏28.33亿元

Core Insights - Wentech Technology Co., Ltd. reported a revenue of 73.598 billion yuan for 2024, marking a year-on-year increase of 20.23% [2] - The company experienced a net loss attributable to shareholders of 2.833 billion yuan, a significant improvement with a year-on-year decrease of 339.83% [2] - The basic earnings per share stood at -2.28 yuan [2] Financial Performance - In Q4 2024, Wentech achieved a revenue of 20.437 billion yuan, reflecting a year-on-year growth of 21.64% and a quarter-on-quarter increase of 4.42% [3] - The net loss attributable to shareholders for Q4 was 3.248 billion yuan, showing a year-on-year decrease of 253.65% and a quarter-on-quarter decrease of 1284.74% [3] - The non-GAAP net profit for Q4 was 343 million yuan, with a year-on-year increase of 140.10% and a quarter-on-quarter increase of 71.98% [3] Profitability Metrics - The gross margin for 2024 was 9.77%, down by 6.31 percentage points year-on-year [3] - The net margin was -3.88%, a decline of 5.46 percentage points year-on-year [3] Expense Management - Total operating expenses for 2024 were 6.335 billion yuan, a decrease of 455 million yuan year-on-year [3] - The expense ratio was 8.61%, down by 2.49 percentage points year-on-year [3] - Sales expenses increased by 7.57%, while management expenses decreased by 13.60%, R&D expenses decreased by 3.22%, and financial expenses decreased by 20.09% [3] Cash Flow and Assets - The net cash flow from operating activities was 4.492 billion yuan, representing a year-on-year growth of 114.73% [3] - As of the end of 2024, total assets were 74.978 billion yuan, an increase of 11.0% year-on-year [3] - The net assets attributable to shareholders were 35.476 billion yuan, a decrease of 7.3% year-on-year [3] Company Overview - Wentech Technology was established on January 11, 1993, and went public on August 28, 1996 [4] - The company's main business includes real estate development and operation, research and manufacturing of mobile internet devices primarily focused on smartphones, and upstream semiconductor activities [4]