Autel(688208)2025-02-27 09:35Financial Performance - The company achieved total operating revenue of RMB 393,225.64 million in 2024, representing a year-on-year increase of 20.95%[6] - The net profit attributable to the parent company reached RMB 64,048.01 million, a significant increase of 257.34% compared to the previous year[6] - The net profit attributable to the parent company after deducting non-recurring gains and losses was RMB 54,268.33 million, up 47.94% year-on-year[6] - Basic earnings per share increased to RMB 1.45, reflecting a growth of 262.50% from the previous year[6] Assets and Growth - Total assets at the end of 2024 were RMB 630,631.45 million, an increase of 13.08% from the beginning of the period[6] Business Segments - The company's digital maintenance business is expected to generate approximately RMB 3,042 million in revenue, a year-on-year growth of about 14.59%[6] - The digital energy business is projected to achieve revenue of approximately RMB 867 million, with a year-on-year increase of about 52.98%[6] Research and Development - R&D expenses in the fourth quarter increased by approximately RMB 61.96 million compared to the previous quarter, reflecting the company's commitment to innovation[7] Non-Recurring Items - Non-recurring gains and losses for 2024 amounted to approximately RMB 95.56 million, primarily due to investment income from the transfer of a subsidiary's equity[7] Strategic Initiatives - The company has implemented an AI-driven strategy to enhance operational efficiency and integrate generative AI technology into its processes[6]