CBEST(600729)2025-01-13 09:40Financial Performance - Total operating revenue for 2024 decreased by 9.89% to CNY 18,994,927,122.54 compared to the previous year[4] - Operating profit increased by 1.76% to CNY 1,451,304,030.90, while total profit rose by 1.85% to CNY 1,459,505,275.19[4] - Net profit attributable to shareholders decreased slightly by 0.02% to CNY 1,314,633,994.73, but net profit excluding non-recurring items increased by 8.16% to CNY 1,220,820,027.74[4] - Basic earnings per share decreased by 9.64% to CNY 3.00[4] Cost and Efficiency - Gross profit margin improved by 0.88 percentage points, and total expenses decreased by 9.14% year-on-year[7] - The company emphasizes ongoing supply chain transformation and cost reduction strategies to enhance operational efficiency[7] Investment and Assets - The company’s investment in Masha Consumer Finance yielded a 15.10% increase in investment income[7] - Total assets at the end of the reporting period increased by 4.75% to CNY 19,516,504,192.33[5] - Shareholders' equity attributable to the company increased by 20.04% to CNY 7,486,621,898.01[5] Corporate Actions - The company completed a share issuance to absorb Chongqing Commercial (Group) Co., Ltd. in March 2024, leading to retrospective adjustments in financial data[6]