Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 30 million and 35 million yuan, a decrease of 63.53% to 68.74% compared to the same period last year[8]. - The net profit attributable to shareholders of the parent company, excluding non-operating gains and losses, is expected to be between 15 million and 20 million yuan, representing a decrease of 79.03% to 84.27% year-on-year[11]. - The company reported a net profit of 95.96 million yuan in the same period last year[9]. Factors Affecting Performance - The decline in performance is attributed to the long production cycle of metallurgical intelligent equipment orders, which typically exceeds one year, delaying revenue recognition[9]. - The steel industry’s downstream market demand was below expectations, leading to cautious capital expenditure from clients and delays in equipment upgrades and deliveries[15]. Future Outlook - The company anticipates that some orders signed in 2023 will be completed and delivered in the second half of 2024, which will help gradually recognize revenue and improve performance[9]. Non-Operating Gains and Losses - Non-operating gains and losses are expected to amount to approximately 15 million yuan, mainly due to increased government subsidies and fair value changes of financial assets[5]. Earnings Forecast and Risks - The earnings forecast is based on preliminary calculations by the company's finance department and has not been audited[16]. - The company emphasizes that the forecast data is preliminary and the accurate financial data will be disclosed in the official 2024 semi-annual report[17]. - Investors are advised to pay attention to investment risks associated with the preliminary earnings forecast[17].
中重科技(603135) - 2024 Q2 - 季度业绩预告