According to the Zhitong Finance APP, SMARTGIANT (688115.SH) released its performance report for the year 2024. The company's total operating revenue for 2024 was 185 million yuan, a year-on-year increase of 10.14%; the net profit attributable to the parent company's owners was 15.2801 million yuan, a year-on-year increase of 70.07%; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses was 8.8084 million yuan, a year-on-year increase of 235.26%; basic earnings per share were 0.23 yuan.

During the reporting period, the company's operating performance was mainly influenced by the following factors: (1) The company continued to enrich and optimize its product categories and structure, constantly expanding market fields and customer groups, achieving results in market expansion, with revenue growth in automated production testing equipment and technical services in 2024, and stable development across various businesses; (2) Some accounts receivable factoring financing matured, leading to the termination of recognition of corresponding accounts receivable and the reversal of bad debt provision amounts