Yealink Network Technology Co (300628) Q4 2024 earnings summary

Executive summary

• Achieved robust operational performance with steady business advancement and positive market trends year-over-year.

• Continued optimization of enterprise communication solutions and expansion of sales channels.

Financial highlights

• Operating revenue reached RMB 5,618.36 million, up 29.22% year-over-year.

• Net profit attributable to shareholders was RMB 2,644.50 million, up 31.55% year-over-year.

• Operating profit rose 32.71% to RMB 2,889.95 million year-over-year.

• EPS increased 31.55% to RMB 2.0925 year-over-year.

• Net profit after non-recurring items grew 36.20% year-over-year.

Key financial ratios and metrics

• Weighted average ROE improved by 5 percentage points to 30.64%.

• Total assets at period end were RMB 9,773.47 million, up 10.00% year-over-year.

• Shareholders' equity attributable to listed company shareholders increased 10.07% to RMB 8,944.32 million.

• Book value per share rose 10.07% to RMB 7.0772.