Financial Performance - The company's net profit attributable to shareholders is expected to decline by 50% or more, with a projected range of CNY 15 million to CNY 18 million, compared to CNY 38.784 million in the same period last year, representing a decrease of 61.32% to 53.59%[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -CNY 27 million and -CNY 24 million, compared to CNY 29.8429 million in the previous year, indicating a decline of 190.47% to 180.42%[5]. - The performance forecast data is preliminary and does not constitute a commitment to investors regarding performance, with final figures to be disclosed in the 2024 annual report[8]. Reasons for Decline - The primary reasons for the performance decline include increased depreciation from new facilities in Ningbo and Anhui, leading to a decrease in overall gross margin, and one-time costs associated with relocation[7]. - The automotive industry competition has intensified, resulting in lower-than-expected sales for some mass production projects, which has increased costs and reduced gross margins for certain projects[7]. - The company has made provisions for inventory write-downs and bad debt losses related to projects with abnormal operating customers[7].
舜宇精工(831906) - 2024 Q4 - 年度业绩预告