---
title: "Shanghai Belling released its 2024 annual performance, with a net profit attributable to shareholders of RMB 396 million, turning a profit from a loss year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233868338.md"
description: "Shanghai Belling released its 2024 annual performance, achieving revenue of 2.819 billion yuan during the reporting period, a year-on-year increase of 31.89%; net profit attributable to shareholders was 396 million yuan, turning from loss to profit year-on-year; net profit excluding non-recurring items was 283 million yuan, a year-on-year increase of 66.27%. The company plans to distribute a cash dividend of 0.17 yuan per share to all shareholders. Research and development investment was 430 million yuan, a year-on-year increase of approximately 20%. The company obtained ISO26262 functional safety management system certification and established a complete automotive product development process and management system"
datetime: "2025-03-31T10:52:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233868338.md)
  - [en](https://longbridge.com/en/news/233868338.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233868338.md)
---

# Shanghai Belling released its 2024 annual performance, with a net profit attributable to shareholders of RMB 396 million, turning a profit from a loss year-on-year

According to the Zhitong Finance APP, Shanghai Belling (600171.SH) disclosed its 2024 annual report. During the reporting period, the company achieved revenue of 2.819 billion yuan, a year-on-year increase of 31.89%; net profit attributable to the parent company was 396 million yuan, turning a loss into a profit year-on-year; net profit excluding non-recurring items was 283 million yuan, a year-on-year increase of 66.27%; basic earnings per share were 0.56 yuan. It plans to distribute a cash dividend of 0.17 yuan per share (tax included) to all shareholders.

During the reporting period, the company launched 937 new products and currently has 4,793 products available for sale. With continuous investment in research and development, the core competitiveness of the company's integrated circuit product business has been continuously strengthened.

In 2024, the company invested 430 million yuan in research and development, an increase of approximately 20% year-on-year. The company obtained the ISO26262 functional safety management system certification issued by a third-party organization and has successfully established a complete automotive product development process and management system that meets the highest level of international functional safety standards, "ASILD." At the same time, the company actively expands sales channels, maintains good cooperative relationships with downstream customers and sales channels, and focuses on the application market, establishing a marketing network system and market application system that align with the company's product development path and closely meet customer needs

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