Oriental Semi(SH:688261)2025-01-20 10:55Revenue Expectations - The company expects 2024 annual revenue to be between 975 million and 1.02 billion CNY, an increase of 2.15 million to 47.15 million CNY compared to the previous year, representing a growth of 0.22% to 4.85%[2]. - In 2023, the company achieved a revenue of 972.85 million CNY and a net profit of 140 million CNY, with a basic earnings per share of 1.14 CNY[5]. Profitability Forecast - The projected net profit attributable to the parent company for 2024 is expected to be between 32 million and 47 million CNY, a decrease of 93.03 million to 108.03 million CNY compared to the previous year, reflecting a decline of 66.43% to 77.15%[2]. - The net profit attributable to the parent company after deducting non-recurring gains and losses is expected to be between 1 million and 8 million CNY, a decrease of 111.42 million to 118.42 million CNY compared to the previous year, indicating a decline of 93.30% to 99.16%[2]. - The decline in profitability is attributed to a decrease in product sales prices and increased competition, despite a rise in sales volume of key products[6]. Research and Development - The company has maintained proactive R&D investments, with an increase in the number of R&D personnel, patents, and new product developments during the reporting period[6]. Financial Provisions - The company plans to recognize credit impairment losses of approximately 6.42 million CNY and inventory write-down losses of about 24.50 million CNY for 2024[6]. Audit and Investment Risks - The performance forecast is based on preliminary calculations by the finance department and has not yet been audited by a registered accountant[7]. - Investors are advised to pay attention to investment risks as the forecast data is preliminary and subject to change upon the release of the audited annual report[9].