Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 240 million and 276 million CNY, representing a decrease of 223.55 million to 259.55 million CNY compared to the previous year, a year-on-year decline of 44.75% to 51.96%[3] - The expected net profit after deducting non-recurring gains and losses for 2024 is projected to be between 220 million and 256 million CNY, a decrease of 233.84 million to 269.84 million CNY compared to the previous year, reflecting a year-on-year decline of 47.74% to 55.09%[5] - The total profit for the previous year was 581.90 million CNY, with a net profit attributable to shareholders of the parent company of 499.55 million CNY[7] - The earnings per share for the previous year was 1.93 CNY[8] Market Conditions and Strategic Response - The decline in performance is primarily due to cyclical fluctuations in the industry, with significant price drops in the company's main products and increased competition leading to reduced profit margins[9] - The company has been adjusting its production and management strategies to strengthen cost control in response to adverse market conditions[9] Audit and Reporting - The performance forecast data has not been audited by an accounting firm, and there are no other significant uncertainties affecting the accuracy of the forecast[10] - The forecast data is preliminary and the final financial figures will be disclosed in the audited annual report for 2024[11]
巍华新材(603310) - 2024 Q4 - 年度业绩预告