---
title: "WWXS released its 2024 annual performance, with a net profit attributable to shareholders of 121 million yuan, a year-on-year decrease of 51.07%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232309079.md"
description: "WWXS released its 2024 annual performance, reporting revenue of 1.109 billion yuan, a year-on-year decrease of 17.76%; net profit attributable to shareholders of the parent company was 121 million yuan, a year-on-year decrease of 51.07%; and net profit excluding non-recurring items was 108 million yuan, a year-on-year decrease of 49.58%. The company plans to distribute a cash dividend of 2.00 yuan for every 10 shares. The decline in performance was mainly affected by global economic fluctuations, weak terminal demand, and intensified market competition"
datetime: "2025-03-18T22:34:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232309079.md)
  - [en](https://longbridge.com/en/news/232309079.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232309079.md)
generator: "portal-rs"
---

# WWXS released its 2024 annual performance, with a net profit attributable to shareholders of 121 million yuan, a year-on-year decrease of 51.07%

According to the Zhitong Finance APP, Shanghai Hejing (688584.SH) disclosed its 2024 annual report, stating that the company achieved revenue of 1.109 billion yuan during the reporting period, a year-on-year decrease of 17.76%; net profit attributable to the parent company was 121 million yuan, a year-on-year decrease of 51.07%; net profit excluding non-recurring gains and losses was 108 million yuan, a year-on-year decrease of 49.58%; basic earnings per share were 0.18 yuan. The company plans to distribute a cash dividend of 2.00 yuan (including tax) for every 10 shares.

The performance changes during the reporting period were mainly due to the impact of global economic fluctuations, weak terminal demand in certain sub-sectors, and a slowdown in inventory adjustment speed.

On the other hand, intensified price competition in the domestic semiconductor silicon wafer market has also brought certain market pressure, resulting in a decrease in both sales volume and unit price, leading to a reduction in gross profit margin and operating profit compared to the same period last year

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**