Workflow
东威科技(688700) - 2024 Q4 - 年度业绩

Financial Performance - The total operating revenue for 2024 was RMB 75,013.99 million, a decrease of 17.50% compared to the previous year[4] - The net profit attributable to the parent company was RMB 6,710.85 million, down 55.68% year-on-year[4] - The net profit attributable to the parent company after deducting non-recurring gains and losses was RMB 5,593.75 million, a decline of 58.67% compared to the previous year[4] - The basic earnings per share decreased to RMB 0.23, down 55.77% from RMB 0.52 in the previous year[4] - The weighted average return on net assets decreased by 7.72 percentage points to 3.89%[4] - The net asset per share attributable to the parent company decreased to RMB 5.80, down 23.28% year-on-year[4] Assets and Equity - The total assets at the end of 2024 were RMB 271,770.76 million, an increase of 9.50% year-on-year[7] - The equity attributable to the parent company was RMB 173,142.54 million, a slight decrease of 0.28% year-on-year[7] Market Conditions - The decline in operating revenue and profit was primarily due to lower-than-expected demand for equipment in the new energy sector and rising raw material prices[7] Capital Changes - The company increased its share capital through a capital reserve transfer, resulting in a 29.95% increase in the number of shares outstanding[8]