永和股份(605020) - 2024 Q4 - 年度业绩预告

Financial Performance Forecast - Zhejiang Yonghe Refrigeration Co., Ltd. expects a net profit attributable to shareholders for 2024 to be between 240 million and 280 million CNY, an increase of 56.31 million to 96.31 million CNY compared to the previous year, representing a year-on-year growth of 30.66% to 52.43%[3] - The company anticipates a net profit attributable to shareholders, excluding non-recurring gains and losses, to be between 233 million and 273 million CNY for 2024, an increase of 120.14 million to 160.14 million CNY year-on-year, reflecting a growth of 106.44% to 141.88%[4] - For Q4 2024, the expected net profit attributable to shareholders is projected to be between 93.5 million and 133.5 million CNY, showing a year-on-year increase of 332.37% to 517.34% and a quarter-on-quarter growth of 176.78% to 295.19%[5] - The expected net profit for Q4 2024, excluding non-recurring gains and losses, is estimated to be between 91.8 million and 131.8 million CNY, indicating a turnaround from losses to profits, with a quarter-on-quarter growth of 162.11% to 276.32%[6] - The 2023 net profit attributable to shareholders was 183.69 million CNY, with a net profit excluding non-recurring gains and losses of 112.86 million CNY[7] Factors Influencing Profit Improvement - The improvement in profit is attributed to the recovery in refrigerant product prices due to quota management on HFCs, leading to increased market demand and price hikes for products like HFC-152a and HFC-143a[8] - The company’s fluoropolymer materials segment is expected to see stable growth in production, sales, and revenue, with some product prices stabilizing after previous declines[8] - The fluorochemical production base project of the wholly-owned subsidiary is gradually achieving profitability, contributing to the overall financial improvement[8] Caution and Risk Advisory - The company emphasizes that the performance forecast is preliminary and has not been audited by an accounting firm, with no significant uncertainties affecting the accuracy of the forecast[9] - Investors are advised to pay attention to investment risks as the forecast data is subject to change and will be finalized in the official annual report[11]