Financial Performance - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 7.5 million and 11.2 million yuan, representing a decrease of 23.31 million to 27.01 million yuan compared to the same period last year, a year-on-year decline of 67.55% to 78.27%[3] - The preliminary estimate for the net profit attributable to shareholders of the parent company is projected to be between 9 million and 13.5 million yuan, reflecting a decrease of 22.48 million to 26.98 million yuan year-on-year, which corresponds to a decline of 62.48% to 74.99%[8] - The total profit for the reporting period is estimated at 44.63 million yuan, with a net profit attributable to shareholders of the parent company of 35.98 million yuan, and a net profit excluding non-recurring gains and losses of 34.51 million yuan[5] Operational Challenges - The company’s subsidiary, Lidao New Energy (Anhui) Co., Ltd., has begun production on some production lines, but the business is still in its early development stage, leading to operational losses due to high unit costs and relatively small production and sales scale[14] - The company’s original business segments have seen a decline in sales volume due to macroeconomic factors and decreased market demand, negatively impacting the net profit for the reporting period[14] - Interest expenses from the company's convertible bonds have impacted the net profit for the reporting period, which did not occur in the same period last year[14] Risk and Uncertainty - The preliminary financial data provided is subject to final confirmation in the official half-year report, and investors are advised to be aware of investment risks[5] - The company has not identified any significant uncertainties that would materially affect the accuracy of this earnings forecast[15]
丽岛新材(603937) - 2024 Q2 - 季度业绩预告