SM Micro(688699)2025-02-27 09:05Financial Performance - In 2024, the total operating revenue was RMB 60,740.27 million, a decrease of 5.90% compared to the previous year[3] - The net profit attributable to the parent company was RMB 716.16 million, an increase of 108.27% year-on-year[3] - Basic earnings per share reached RMB 0.07, reflecting a growth of 108.86% compared to the previous year[3] - The company's total assets at the end of the reporting period were RMB 148,452.13 million, down 5.85% year-on-year[5] - The equity attributable to the parent company decreased by 6.93% to RMB 123,832.76 million[5] - The net asset per share attributable to the parent company was RMB 11.25, a decrease of 6.93% year-on-year[3] Operational Improvements - The company implemented a share buyback program to enhance quality and efficiency, reflecting confidence in future development[5] - The operating profit and total profit showed significant improvement, indicating a turnaround from previous losses[6] - The company optimized its product structure, leading to a substantial increase in sales of smart landscape products[5] - Inventory management was strengthened, resulting in a reasonable level of inventory at the end of the reporting period[5]