JoulWatt(688141)2025-02-27 11:15Financial Performance - Total operating revenue for 2024 reached RMB 1,686,264,454.16, a year-on-year increase of 30.04%[4] - Net profit attributable to shareholders of the parent company was RMB -597,760,386.07, with a net profit excluding non-recurring gains and losses of RMB -639,821,703.19[4] - Basic earnings per share were RMB -1.34, reflecting a decline in profitability[4] Assets and Equity - Total assets at the end of the reporting period were RMB 4,180,553,383.66, a decrease of 1.05% compared to the beginning of the period[4] - Equity attributable to shareholders of the parent company decreased by 22.41% to RMB 2,069,246,926.51[4] Market and Competition - The company expanded its market share in emerging applications such as servers, new energy, computing, and automotive sectors through innovative product design[6] - The company faced pressure on product prices due to intense market competition, resulting in a decline in gross margin[6] Expenses and Investments - Increased investment in R&D, marketing, and supply chain optimization led to higher operating expenses during the reporting period[7] - The company is currently conducting asset impairment tests on inventory, which may impact future financial results[7] Reporting and Uncertainties - There are no significant uncertainties affecting the accuracy of the performance report, and the data is preliminary and unaudited[9]