中钨高新(000657) - 2024 Q4 - 年度业绩预告

Financial Performance - The company expects net profit attributable to shareholders to be between 848 million and 910 million CNY, representing a year-on-year growth of 75% to 87.8%[3] - The net profit after deducting non-recurring gains and losses is projected to be between 168.5 million and 200 million CNY, indicating a decline of 40.13% to 49.56% compared to the previous year[3] - Basic earnings per share are estimated to be between 0.41 CNY and 0.44 CNY, compared to 0.35 CNY in the previous year[3] Acquisition Impact - The increase in net profit is primarily due to changes in the scope of consolidation following the acquisition of 100% equity in Hunan Shizhu Garden Nonferrous Metals Co., Ltd.[6] - The acquisition of Shizhu Garden Company was completed on December 27, 2024, and its net profit will be classified as non-recurring gains[4] Market Conditions - The decline in net profit after deducting non-recurring gains is attributed to insufficient downstream demand, intensified competition in the hard alloy market, and rising costs of raw materials[7] - The financial data reflects the company's ongoing adjustments to market conditions and operational challenges[7] Earnings Forecast - The company has communicated its earnings forecast with its annual audit firm, and no significant uncertainties affecting the accuracy of the forecast were identified[5] - The earnings forecast has not yet been audited by a registered accounting firm[8] Strategic Goals - The company aims to enhance its market position through strategic acquisitions and expansion efforts[6]