Financial Performance Forecast - The company forecasts a net profit attributable to shareholders between 18 million to 22 million CNY, representing a decline of 50.16% to 59.23% compared to the previous year's profit of 44.14 million CNY[4]. - The performance forecast is based on preliminary financial data and has not yet been audited by an accounting firm, emphasizing the need for cautious investment decisions[6]. Revenue and Demand Issues - The primary reason for the performance decline is a decrease in revenue due to weakened demand in the lithium battery industry, leading to lower capacity utilization rates among manufacturers[5]. - The extended payment cycle in the downstream lithium battery industry has resulted in a higher provision for bad debts on accounts receivable compared to the previous year[5]. Cost and Margin Challenges - The company has experienced increased fixed costs due to the amortization of the newly implemented SAP system, contributing to a decline in product gross margin[5].
西磁科技(836961) - 2024 Q4 - 年度业绩预告