湖南裕能(301358) - 2024 Q4 - 年度业绩预告

Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between 560 million and 660 million RMB, representing a year-on-year decline of 64.57% to 58.24% compared to 1,580.63 million RMB in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between 520 million and 620 million RMB, reflecting a year-on-year decline of 65.75% to 59.17% compared to 1,518.36 million RMB in the previous year[3]. - The financial data provided is preliminary and has not been audited by the accounting firm, with detailed financial data to be disclosed in the 2024 annual report[7]. Industry Dynamics - The lithium battery industry is currently in a bottoming phase, with significant changes in supply and demand dynamics since 2023, leading to downward pressure on profitability[5]. - The overall price of lithium carbonate has been fluctuating downward, and the price of phosphate-based cathode materials has significantly decreased compared to the previous year, impacting industry profitability[5]. Company Strategy - The company expects a year-on-year increase of approximately 40% in the sales volume of phosphate-based cathode materials in 2024, maintaining high capacity utilization and sales rates to meet downstream demand[6]. - The company is actively implementing a cost reduction and efficiency enhancement strategy while pursuing an overseas expansion strategy[6]. - The company has maintained a certain level of profitability in 2024 despite the industry cycle and the impact of stock incentive share payment expenses[6].