中国一重(601106) - 2024 Q2 - 季度业绩预告

Interpretation of China First Heavy Industries' 2024 Semi-Annual Pre-Loss Announcement Current Period Performance Forecast (2024 Semi-Annual) The company projects a net loss attributable to shareholders of -160 million to -200 million RMB for H1 2024, a sharp reversal from the prior year's profit 2024 Semi-Annual Performance Forecast | Indicator | Estimated Amount (RMB) | Comparison (Prior Year Period) | | :--- | :--- | :--- | | Net Profit Attributable to Parent | -160 million RMB to -200 million RMB | 51 million RMB | | Non-recurring Net Profit Attributable to Parent | -220 million RMB to -270 million RMB | 1.9336 million RMB | - This performance forecast has not been audited by a certified public accountant[2] Prior Year Period Performance Review (2023 Semi-Annual) In H1 2023, the company reported a net profit attributable to shareholders of 51.1484 million RMB and basic EPS of 0.0075 RMB 2023 Semi-Annual Performance Data | Indicator | Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent | 51.1484 million RMB | | Non-recurring Net Profit Attributable to Parent | 1.9336 million RMB | | Earnings Per Share | 0.0075 RMB/share | Analysis of Pre-Loss Reasons The company attributes the pre-loss to weakened market demand, lower orders, and reduced sales revenue from long-cycle products, leading to decreased gross profit and gross margin - Core reason: Weakened market demand for metallurgical and other equipment manufacturing due to energy structure and industrial policy adjustments, leading to lower-than-expected orders and continuous decline in market prices[4] - Operational impact: Sales volume and revenue decreased due to other long-cycle products being in the manufacturing stage[4] - Financial outcome: Fixed costs were difficult to amortize, leading to a decline in gross profit and gross margin[4] Risk Warning The company states this performance forecast is a preliminary, unaudited result from its finance department, with no other significant uncertainties identified - This performance forecast data is a preliminary result from the company's finance department and has not been audited by a certified public accountant[5] - The company declares no other significant uncertain factors exist that could affect the accuracy of this performance forecast[5] Other Explanatory Notes The company advises investors that the announced data is preliminary, with final accurate financial figures to be based on the official 2024 semi-annual report - Final 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[5][6]