南山铝业(600219) - 2024 Q2 - 季度业绩预告

Shandong Nanshan Aluminum Co., Ltd. 2024 Semi-Annual Performance Pre-Increase Announcement Core Summary of Performance Forecast The company expects over 50% year-on-year growth in both net profit attributable to shareholders and non-recurring net profit for H1 2024, driven by capacity release, product price increases, and cost reductions Core Performance Indicators for H1 2024 Performance Forecast | Indicator | H1 2024 (Estimated) | H1 2023 (Actual) | Year-on-Year Growth | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent | CNY 1.971 - 2.151 Billion | CNY 1.313 Billion | +50.11% to +63.82% | | Net Profit Excluding Non-Recurring Items | CNY 1.921 - 2.111 Billion | CNY 1.279 Billion | +50.20% to +65.05% | Details of Current Period Performance Forecast This report details performance forecast data for January 1 to June 30, 2024, specifying the estimated ranges, absolute increases, and year-on-year growth rates for net profit attributable to shareholders and non-recurring net profit Detailed H1 2024 Performance Forecast Data | Item | Estimated Range (Billion CNY) | Estimated Year-on-Year Increase (Billion CNY) | Estimated Year-on-Year Growth Rate | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 1.971 - 2.151 | 0.658 - 0.838 | 50.11% - 63.82% | | Net Profit Excluding Non-Recurring Items | 1.921 - 2.111 | 0.642 - 0.832 | 50.20% - 65.05% | - This performance forecast data represents preliminary calculations by the company's finance department and has not been audited by an accounting firm[4] Prior Period Performance Review The report provides key financial data for H1 2023 as a comparative baseline, including total profit, net profit attributable to shareholders, non-recurring net profit, and earnings per share Key Financial Data for H1 2023 (Prior Period) | Indicator | Amount | | :--- | :--- | | Total Profit | CNY 1.590 Billion | | Net Profit Attributable to Parent Company Shareholders | CNY 1.313 Billion | | Net Profit Excluding Non-Recurring Items | CNY 1.279 Billion | | Earnings Per Share | CNY 0.11 | Analysis of Performance Growth Drivers Significant performance growth is primarily attributed to the full capacity release of the Indonesian alumina project increasing output, favorable market conditions with rising product prices and decreasing raw material costs, and the company's integrated industrial chain advantages for cost control and product structure optimization - Capacity Release: The Indonesian 2 million-ton alumina project has fully released its capacity, leading to increased output compared to the prior year[5] - Market and Costs: Profitability improved due to significant increases in aluminum ingot and alumina powder prices, coupled with a decrease in bulk raw and auxiliary material procurement costs[5] - Strategy and Operations: The company leveraged its full industrial chain cost control advantages, optimized its product structure towards high-quality and high-end products, and solidified its strategic positioning[5] Risk Warning and Other Disclosures The company emphasizes that this performance forecast is a preliminary calculation, unaudited, and final data will be based on the officially disclosed 2024 semi-annual report, advising investors to be aware of investment risks - The performance forecast data represents preliminary calculations by the finance department based on current information and has not yet been audited by a certified public accountant[6] - The final accurate financial data will be subject to the company's officially disclosed 2024 semi-annual report, and investors are advised to be aware of investment risks[7][8]