Yibin Tianyuan (SZ:002386)2025-01-21 11:35Financial Performance Outlook - The company expects a net loss of between RMB 460 million and RMB 420 million for the fiscal year 2024, a decline of 1251.02% to 1150.93% compared to a profit of RMB 39.96 million in the same period last year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be a loss of between RMB 430 million and RMB 390 million, representing a decrease of 84.75% to 67.57% from a loss of RMB 232.74 million in the previous year[4]. - Basic earnings per share are expected to be a loss of between RMB 0.3534 and RMB 0.3227, compared to a profit of RMB 0.0325 per share last year[4]. Factors Affecting Performance - The decline in performance is attributed to the policy-driven shutdown of the yellow phosphorus plant and the reconstruction of the phosphorus mine project, leading to a significant reduction in product contribution[4]. - Increased asset impairment losses are anticipated due to the shutdown of the yellow phosphorus plant, primarily affecting fixed assets and inventory[4]. - The new energy battery materials sector remains weak, impacting the company's profitability during the production ramp-up phase[5]. - The chlor-alkali industry continues to be sluggish, with product prices at low levels, further affecting the company's profits[5]. Financial Reporting and Risks - The financial data presented is preliminary and has not been audited by an accounting firm; detailed financial results will be disclosed in the 2024 annual report[6]. - Investors are advised to pay attention to investment risks associated with the company's performance outlook[6]. - The company has communicated with the accounting firm regarding the earnings forecast, and there are no discrepancies in the forecast[4].