Nations(300077)2025-01-18 13:20Financial Performance - The company expects a net loss of between 180 million and 250 million yuan for the year 2024, compared to a net loss of 571.52 million yuan in the same period last year[3]. - The expected net loss after deducting non-recurring gains and losses is between 143 million and 213 million yuan, compared to a loss of 500.68 million yuan in the previous year[3]. - Overall, while the company is still expected to incur losses in 2024, there is a significant improvement compared to the previous year[7]. Industry Trends - The semiconductor industry shows signs of recovery, with significant growth in sales volume, operating income, and gross profit of key integrated circuit components compared to the previous year[5]. Sales and Production - The sales volume of negative electrode materials has increased significantly year-on-year, supported by efforts to ensure quality and delivery for major customers while introducing new clients[6]. - The gross margin of negative electrode materials has improved compared to the previous year due to optimized product formulas and increased production efficiency[6]. Cost Management - The company has implemented comprehensive cost reduction and efficiency enhancement measures, resulting in a reduction of over 110 million yuan in management, sales, and R&D expenses compared to the previous year[6]. Non-Recurring Losses - The fair value loss of trading financial assets and investment properties, along with asset impairment losses, negatively impacted profits by over 85 million yuan during the reporting period[6]. - The company anticipates non-recurring losses of approximately 37 million yuan, primarily due to the termination of an equity incentive plan by a subsidiary[6]. Investor Guidance - Detailed financial data will be disclosed in the company's 2024 annual report, and investors are advised to make cautious decisions[8].