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中旗新材(001212) - 2024 Q4 - 年度业绩预告

Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between 32.5 million and 40.15 million CNY, representing a decline of 49.46% to 59.09% compared to the previous year's profit of 79.44 million CNY[2]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 29 million and 36.55 million CNY, a decrease of 52.06% to 61.96% from last year's profit of 76.24 million CNY[2]. - Basic earnings per share are projected to be between 0.27 CNY and 0.34 CNY, down from 0.67 CNY in the previous year[2]. Market Challenges - The company faces challenges including a decrease in sales orders and intensified competition in the home decoration and building materials market, leading to pressure on product gross margins[5]. Strategic Initiatives - The company is actively enhancing brand awareness through e-commerce platforms and expanding into new overseas markets to address these challenges[5]. - Significant improvement in operating cash flow is expected in 2024 due to better management of accounts receivable and a reduction in bank acceptance bills[5]. Communication and Reporting - The company has communicated with its accounting firm regarding the performance forecast, and there are no discrepancies noted[3]. - The specific financial data for 2024 will be detailed in the annual report, and investors are advised to make cautious decisions[6].