Ceepower (300062)2025-01-17 16:00Financial Performance - The company expects a net loss attributable to shareholders of 56 million yuan for 2024, a decrease of 207.27% compared to a profit of 52.2 million yuan in the same period last year [4]. - The company anticipates a net loss of 60 million yuan after deducting non-recurring gains and losses, down 222.04% from a profit of 49.17 million yuan in the previous year [4]. - The expected non-recurring gains and losses for 2024 are estimated to be between 4 million and 5 million yuan [7]. - The financial data presented is preliminary and unaudited, with detailed disclosures to be provided in the 2024 annual report [8]. Operational Challenges - Financial expenses have significantly increased due to the issuance of 400 million yuan in convertible bonds, leading to higher interest costs [6]. - Accounts receivable have grown, resulting in an increase in bad debt provisions due to aging receivables [7]. - The digital transformation of the Fuzhou production base has temporarily impacted production capacity, contributing to a decline in manufacturing revenue [7]. - The photovoltaic industry has entered a downturn, causing decreases in revenue and gross margins for the electrical construction business [7]. - The company plans to recognize impairment losses on goodwill for its subsidiary, Zhongneng Xiangrui Power Engineering Co., Ltd., negatively affecting 2024 performance [7]. - Increased R&D investment in new businesses such as portable energy storage and mobile charging products has not yet covered the additional costs incurred [7].