神州高铁(000008) - 2024 Q2 - 季度业绩预告

Current Period Performance Forecast This section details the company's projected financial performance for the first half of 2024, including net profit, non-recurring adjusted net profit, and basic EPS Forecast Period and Expected Performance CRRC High-Tech expects significant net losses attributable to shareholders and non-recurring adjusted net losses for H1 2024, with basic EPS also negative Performance Forecast | Item | Current Reporting Period (Jan 1 - Jun 30, 2024) | Prior Period (Jan 1 - Jun 30, 2023) | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Loss: CNY 165 million - CNY 190 million | Loss: CNY 83.6 million | | Net Profit After Deducting Non-Recurring Gains/Losses | Loss: CNY 165 million - CNY 190 million | Loss: CNY 85.92 million | | Basic Earnings Per Share | Loss: CNY 0.0607/share - CNY 0.0699/share | Loss: CNY 0.0307/share | Operations Management and Strategic Outlook The company will focus on rail transit operation and maintenance equipment and services, deepen strategic client cooperation, and enhance receivables management and cost control to achieve annual targets - Key operational management priorities for the second half of the year include: * Focusing on the two main businesses of rail transit operation and maintenance equipment and operation and maintenance services, continuously optimizing layout and strengthening integration[4] * Deepening comprehensive communication and cooperation with strategic clients such as CRRC, Changchun Metro, Beijing Metro, Fuzhou Metro, Shuohuang Railway, and Shaanxi Coal Railway Logistics Group[4] * Vigorously promoting special rectification of long-aging accounts receivable, emphasizing both assessment and incentives to comprehensively improve collections and cash flow[4] * Strengthening cost control by reinforcing comprehensive target responsibilities, implementing salary reforms, improving operational management systems, and coordinating office resource reuse to further reduce expenditures[4] Explanation of Performance Forecast This performance forecast is a preliminary estimate; detailed financial data will be disclosed in the H1 2024 report, urging investors to exercise caution - This performance forecast represents preliminary estimates by the company's finance department, with detailed financial data to be disclosed in the company's 2024 semi-annual report[5] - Investors are advised to exercise caution in their decisions and be aware of investment risks[5] Pre-Audit Status of Performance Forecast The financial data presented in this performance forecast has not been audited by an accounting firm - The financial data in this performance forecast has not been audited by an accountant[8] Main Reasons for Performance Change The decline in H1 2024 revenue and net profit, coupled with increased bad debt provisions, adversely impacted the company's operating performance - In H1 2024, the company's operating revenue fell short of expectations, and net profit decreased year-over-year, compounded by changes in bad debt provision ratios, leading to increased impairment losses and an adverse impact on operating performance[12] - The rail transit industry exhibits seasonal characteristics, with a lower proportion of annual operating revenue, profit, and collection targets completed in the first half, which does not significantly affect the achievement of full-year targets[12] Risk Warning and Other Related Disclosures This section provides a risk warning and other relevant disclosures, including the announcement's publication date - This announcement was issued by the Board of Directors of CRRC High-Tech Co., Ltd. on July 10, 2024[14]