炬光科技(688167) - 2024 Q4 - 年度业绩预告

Financial Performance Forecast - The company expects a net loss attributable to shareholders of between -150 million to -200 million RMB for 2024, a decrease of 240.55 million to 290.55 million RMB compared to the previous year, representing a year-on-year decline of 266% to 321%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -160 million to -210 million RMB, a decrease of 231.25 million to 281.25 million RMB year-on-year, indicating a decline of 325% to 395%[3] - In the previous year, the company reported a net profit of 90.55 million RMB and a total profit of 96.11 million RMB[4] - The company warns that the performance forecast is based on preliminary calculations and has not yet been audited by external accountants, with final figures subject to change[11] Strategic Acquisitions - The company completed two significant strategic acquisitions in 2024, which are expected to enhance its business scope and market influence, although they have negatively impacted short-term financial performance[6] - The acquisition of Swiss Juguang is showing signs of improvement, with production being relocated to Shaoguan, China, which is anticipated to significantly reduce production costs[7] - The acquisition of ams OSRAM's optical components has resulted in substantial amortization costs and initial low shipment volumes, leading to significant losses for the Singapore subsidiary[8] - The company has recognized impairment losses on goodwill related to the acquisitions, amounting to approximately 300 million RMB for the automotive optical product asset group[8] Inventory and Financial Management - The company is focusing on optimizing its product structure by reducing inventory for underperforming product lines, leading to additional inventory impairment provisions[10] - Increased financial expenses and reduced investment income due to the completion of acquisitions have negatively impacted the company's financial results[6]