Drinda(002865)2025-01-22 08:40Financial Performance - The company expects a net loss of between 550 million to 650 million yuan for the fiscal year 2024, compared to a profit of 815.64 million yuan in the same period last year[3]. - The expected net loss attributable to shareholders after deducting non-recurring gains and losses is between 1 billion to 1.2 billion yuan, compared to a profit of 558.9984 million yuan last year[3]. - The basic earnings per share are projected to be a loss of 2.42 to 2.86 yuan per share, down from a profit of 3.83 yuan per share in the previous year[3]. Photovoltaic Capacity and Exports - The domestic newly installed photovoltaic capacity reached 277.17 GW in 2024, a historical high with a year-on-year growth of 28%[5]. - Cumulative exports of Chinese photovoltaic module products reached 240.91 GW, marking a year-on-year increase of 27.6%[5]. - Cumulative exports of Chinese photovoltaic battery products reached 59.1 GW, with a year-on-year growth of 56.5%[5]. Product Shipments and Technology - The company's battery product shipments are expected to be approximately 33.74 GW in 2024, with over 90% being N-type products[6]. - The company has completed the upgrade from P-type to N-type technology and has eliminated P-type asset impairments by the end of 2023[6]. Sales and Market Conditions - The company's overseas sales ratio increased significantly from 4.69% in 2023 to 23.94% in 2024, helping to mitigate losses[6]. - The company anticipates improvements in operational performance as the industry supply-demand environment stabilizes and prices begin to recover[6].