深天马A(000050) - 2024 Q2 - 季度业绩预告

Current Period Performance Forecast The company forecasts a net loss for H1 2024, but with a significant year-on-year reduction in losses and notable improvements in key profitability metrics Performance Forecast Period The company's performance forecast covers January 1, 2024, to June 30, 2024 - The performance forecast period is from January 1, 2024, to June 30, 2024[2] Performance Forecast Details The company expects a net loss for H1 2024, but with a significant year-on-year reduction in losses, and notable improvements in both net profit attributable to shareholders and non-recurring net profit Key Financial Indicators for H1 2024 Performance Forecast | Item | Current Reporting Period (Jan 1 - Jun 30, 2024) | Prior Year Period (Jan 1 - Jun 30, 2023) | Year-on-Year Growth/Change | | :-------------------------------- | :-------------------------------------- | :-------------------------------------- | :-------------------------------- | | Net profit attributable to shareholders | Loss: 420 million - 560 million yuan | Loss: 1.424 billion yuan | Loss narrowed by 60.68%-70.51% | | Net profit after deducting non-recurring gains and losses | Loss: 940 million - 1.14 billion yuan | Loss: 2.026 billion yuan | Loss narrowed by 43.72%-53.59% | | Basic earnings per share | Loss: 0.1709 - 0.2279 yuan/share | Loss: 0.5795 yuan/share | Loss narrowed | - Net profit is expected to be negative, but both net profit attributable to shareholders and net profit after deducting non-recurring gains and losses show significant year-on-year improvement[2][4] Communication with Accounting Firms This performance forecast is a preliminary, unaudited result, and investors should refer to the official semi-annual report for final financial data Pre-audit Status This performance forecast has not been pre-audited by an accounting firm, and investors should note that final financial data will be based on the semi-annual report - This performance forecast has not been pre-audited by an accounting firm[3] Explanation of Performance Changes The company's performance improvement is attributed to focused display business operations, enhanced core capabilities, and recovery in consumer and non-consumer display segments Overall Business Strategy and Effectiveness During the reporting period, the company focused on display business quality, strengthened core capabilities, optimized revenue structure, and accelerated new project construction, achieving significant year-on-year improvement in net profit attributable to shareholders and non-recurring net profit despite AMOLED depreciation pressure - The company continuously focused on improving the operational quality of its main display business, strengthened core capabilities, actively seized market opportunities, maintained stable revenue levels, optimized revenue structure, and accelerated new project construction[3] - Despite significant depreciation pressure from the Wuhan AMOLED production line, both net profit attributable to shareholders and net profit after deducting non-recurring gains and losses showed significant year-on-year improvement in the first half[3][4] Recovery of Consumer Display Business Profitability During the reporting period, consumer display business profitability rapidly recovered, especially in smartphone display, with flexible AMOLED shipments growing, average product prices improving, and Wuhan AMOLED line profitability enhancing - Consumer display business profitability rapidly recovered, with a particularly significant year-on-year improvement in the smartphone display business, which has a higher revenue proportion and greater impact on profit[4] - The flexible AMOLED mobile display business saw good recovery in average product prices and maintained year-on-year shipment growth, driven by strong terminal demand[4] - The profitability of the Wuhan AMOLED production line improved[4] Steady Development of Non-Consumer Display Business The company's non-consumer display businesses, including automotive and professional displays, maintained steady growth, with automotive display poised for rapid expansion due to optimized product structure and increasing scale with international leading automakers - Non-consumer display businesses, including automotive and professional display segments, maintained steady development[4] - The automotive display business is expected to continue rapid development, driven by optimized product structure and increasing scale of automotive electronics business with international leading automakers[4] Company Development Strategy The company will continue to deepen its '2+1+N' development strategy, focusing on core businesses, strengthening capabilities, optimizing costs, improving product structure, and expanding markets to achieve high-quality business development - The company will continuously deepen its '2+1+N' development strategy, focusing on its core businesses and strengthening core capabilities[4] - Continuously pursuing extreme cost reduction and efficiency improvement, seizing development opportunities, constantly optimizing product structure, and continuously expanding market efforts[4] - Continuously improving operational quality and efficiency, striving to achieve high-quality development across all businesses[4] Other Relevant Information This preliminary performance forecast is subject to final verification in the semi-annual report, and investors are cautioned regarding investment risks Risk Warning This performance forecast is a preliminary calculation by the company's finance department; final financial data will be based on the 2024 semi-annual report, and investors are advised to be aware of investment risks - This performance forecast is a preliminary calculation by the company's finance department; specific financial data will be subject to the company's disclosed 2024 semi-annual report[5] - Investors are advised to be aware of investment risks[5]