XDC(300615)2025-01-21 10:42Financial Performance Outlook - The company expects a net loss attributable to shareholders of between 15 million and 22 million yuan for the year 2024, a significant decline compared to a profit of 60.34 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 20.5 million to 27.5 million yuan, down from a profit of 53.74 million yuan in the previous year [3]. Project and Market Impact - The decline in performance is primarily due to the completion of the first phase of a large-scale project in the Indian communication market in 2023, with no new phase initiated in 2024 [3]. - Investment pace in the 5G communication markets in Europe and North America has slowed compared to the previous year, negatively impacting the company's communication business in 2024 [4]. Manufacturing Challenges - The overseas manufacturing base construction has not met expectations, with the Hungarian factory failing to commence mass production, resulting in a projected loss of approximately 12.3 million yuan in 2024 [4]. - The Vietnamese factory is still under construction, contributing an estimated loss of 2.3 million yuan in 2024, leading to a combined loss of about 14.6 million yuan from both factories [4]. Sector Growth and Cost Pressures - The growth potential in the new energy and medical device sectors has not been fully realized, with limited support for overall performance despite some growth in these product lines [4]. - Rising costs of raw materials have increased pressure on cost control, leading to a significant decline in overall operating revenue and a decrease in the comprehensive gross profit margin compared to the previous year [4]. Non-Recurring Gains and Financial Reporting - The impact of non-recurring gains and losses on net profit is estimated to be around 5.5 million yuan, mainly from investment income and various subsidies [4]. - The specific financial data will be detailed in the company's 2024 annual report, urging investors to make cautious decisions and be aware of investment risks [5].