森鹰窗业(301227) - 2024 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss of between 33 million and 42 million yuan for the fiscal year 2024, compared to a profit of 145.97 million yuan in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 47 million to 56 million yuan, down from a profit of 127.75 million yuan in the previous year[3]. - Non-recurring gains and losses are expected to impact net profit by approximately 14 million yuan, primarily from government subsidies and recovered receivables[6]. Revenue Decline - The decline in revenue is attributed to a significant drop in retail demand for mid-to-high-end windows due to the overall adjustment in the real estate market, leading to intensified competition[5]. - The company is accelerating channel transformation and reducing the scale of traditional bulk business sales, which has contributed to a substantial decrease in revenue[5]. - The sales volume of aluminum alloy window products continues to grow, but the sales of energy-saving aluminum-clad wooden windows have significantly declined due to external market conditions[6]. Economic Environment - The company anticipates a reduction in cash management income and bank interest revenue due to the current economic environment[6]. - The company is undergoing a transition from an incremental to a stock market phase, facing challenges in the window industry[5]. Investor Guidance - The company will provide detailed financial data in the 2024 annual report, emphasizing the importance of cautious investment decisions[7]. - The financial data presented is preliminary and has not been audited by the accounting firm, indicating potential risks for investors[4].