*ST金山(600396) - 2024 Q2 - 季度业绩预告

2024 Semi-Annual Performance Pre-announcement Current Period Performance Forecast The company forecasts a return to profitability in the first half of 2024, with net profit attributable to shareholders projected between CNY 100 million and CNY 120 million, and both non-recurring net profit and period-end net assets turning positive - The performance forecast period is from January 1, 2024, to June 30, 2024[11] 2024 Semi-Annual Performance Forecast | Indicator | Estimated Amount | | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | CNY 100 million to CNY 120 million | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | CNY 90 million to CNY 110 million | | Net Assets Attributable to Shareholders of Listed Company (as of June 2024) | CNY 450 million to CNY 510 million | Operating Performance and Financial Position in the Same Period Last Year In the first half of 2023, the company reported losses, with net profit attributable to shareholders at -CNY 510 million, non-recurring net profit at -CNY 514 million, and period-end net assets at -CNY 2.266 billion 2023 Semi-Annual Performance Review | Indicator | Amount | | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | -CNY 510 million | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | -CNY 514 million | | Earnings Per Share | -CNY 0.3461 | | Net Assets Attributable to Shareholders of Listed Company (Beginning of Period) | -CNY 2.266 billion | Primary Reasons for Current Period's Expected Profitability The company's return to profitability is primarily attributed to improved asset structure through the divestiture of loss-making assets and enhanced operational efficiency across coal procurement, power marketing, and financing - Asset structure improvement: In 2023, the company divested Liaoning Huadian Tieling Power Generation Co., Ltd. and Fuxin Jinshan Coal Gangue Thermal Power Co., Ltd. through asset restructuring, resulting in remaining assets with strong ongoing operational capabilities and a significant improvement in operating performance[12] - Operational quality and efficiency enhancement: - Cost Management: Capitalized on the downward trend in coal prices, expanded high-quality coal sources, strengthened coal price control, leading to a significant year-on-year decrease in the unit price of standard coal delivered to the plant - Revenue Generation: Focused on electricity volume, peak shaving, and spot markets, strengthened market marketing, optimized power generation strategies, achieving a "dual improvement" in both electricity volume and price - Financial Management: Seized policy opportunities in the financial market to replace high-interest loans, resulting in a substantial year-on-year decrease in financial expenses[7] Risk Warning The company emphasizes that the performance forecast data is preliminary, with final accurate financial figures subject to the officially disclosed 2024 semi-annual report, advising investors to consider investment risks - This forecast data is preliminary, and the specific accurate financial data will be subject to the company's officially disclosed 2024 semi-annual report[13] Other Explanatory Notes The company confirms the absence of significant uncertainties that could impact the accuracy of the current performance forecast - The company confirms no significant uncertainties exist that could affect the accuracy of the current period's performance forecast[8]