---
title: "YAPP released its 2024 annual performance, with a net profit attributable to the parent company of 500 million yuan, a year-on-year increase of 7.29%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234366780.md"
description: "YAPP released its 2024 annual performance, with operating revenue of 8.076 billion yuan, a year-on-year decrease of 5.91%; net profit attributable to the parent company of 500 million yuan, a year-on-year increase of 7.29%; net profit excluding non-recurring gains and losses of 509 million yuan, a year-on-year decrease of 4.69%; basic earnings per share of 0.98 yuan, and plans to distribute a cash dividend of 0.35 yuan per share. The company is actively expanding into new markets and developing new products, particularly achieving significant progress in the fields of hybrid and pure electric vehicles"
datetime: "2025-04-03T09:01:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234366780.md)
  - [en](https://longbridge.com/en/news/234366780.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234366780.md)
---

# YAPP released its 2024 annual performance, with a net profit attributable to the parent company of 500 million yuan, a year-on-year increase of 7.29%

According to the Zhitong Finance APP, YAPP (603013.SH) released its annual report for 2024, reporting an operating income of 8.076 billion yuan, a year-on-year decrease of 5.91%; a net profit attributable to shareholders of the listed company of 500 million yuan, a year-on-year increase of 7.29%; a net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of 509 million yuan, a year-on-year decrease of 4.69%; and basic earnings per share of 0.98 yuan. It plans to distribute a cash dividend of 0.35 yuan per share (tax included).

On one hand, the company is focusing on the debugging of new products at domestic and foreign production bases to ensure that new products are put into production as planned; on the other hand, it is actively expanding new markets and striving for new projects. New technology products represented by high-pressure fuel systems for hybrid vehicles have entered a mature growth stage in the market, continuously obtaining new project designations, with economic benefits gradually emerging. In the field of pure electric vehicle business, the lightweight power battery pack shell products developed by the company are increasingly recognized in the market, with some projects entering the mass production stage; the fuel cell hydrogen storage system is continuously being launched into the market, with broad prospects for the future; the company's thermal management system products have achieved fruitful results in market expansion, obtaining several new project designations

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