How did CREG's operating expenses trend in Q4 2024?
5/9/2025 01:41am
**China Recycling Energy (CREG) or Smart Powerr Corp.** reported a significant increase in operating expenses in Q4 2024 compared to the same period in the previous year, primarily attributed to higher legal expenses.
1. **Comparison with Previous Year**: Operating expenses for Q4 2024 amounted to $188,295, whereas in the same quarter of the previous year, expenses were $146,870.
2. **Increase in Expenses**: The increase of 23.34% in operating expenses is mainly due to increased stock compensation and legal expenses.
3. **Trend Analysis**: This trend indicates a significant challenge for the company in managing its costs, which could impact its financial performance and overall business strategy.
Overall, CREG's operating expenses exhibited a notable upward trajectory in Q4 2024, driven by rising legal and stock compensation expenses, which poses challenges for the company's financial management and strategic direction.