Core Viewpoint - Moulding Technology (SZ000700) reported a decline in revenue for 2024, with net profit increasing significantly, indicating a focus on cost management and efficiency despite lower sales [1][2]. Financial Performance - The company's operating revenue for 2024 was 7.14 billion yuan, a decrease of 18.18% compared to 2023 [1]. - Net profit attributable to shareholders was 626.32 million yuan, reflecting a year-on-year increase of 39.46% [1]. - The net profit after deducting non-recurring gains and losses was 517.99 million yuan, up 13.68% from the previous year [1]. - Basic earnings per share were 0.68 yuan, an increase of 39.47% compared to 2023 [1]. - The gross profit margin for 2024 was 18.09%, up 0.86 percentage points year-on-year, while the net profit margin was 8.74%, an increase of 3.54 percentage points [2]. Cost Management - Total operating expenses for 2024 were 876 million yuan, a reduction of 280 million yuan from the previous year [2]. - The expense ratio was 12.28%, down 0.98 percentage points year-on-year [2]. - Sales expenses decreased by 17.32%, while management expenses increased by 6.30% [2]. Employee Statistics - The company had 5,880 employees at the end of 2024, a decrease of 200 employees or 3.29% compared to the previous year [4]. Executive Compensation - Total compensation for directors, supervisors, and senior management in 2024 amounted to 21.46 million yuan, with the highest-paid being the chairman and general manager, who received 7.6 million yuan [5][7].