Financial Performance Expectations - The company expects a net loss of between 500 million and 650 million CNY for the fiscal year 2024, compared to a profit of 381.13 million CNY in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is projected to be a loss of 450 million to 550 million CNY, down from a profit of 357.41 million CNY in the previous year[3]. Factors Affecting Performance - The decline in performance is attributed to increased competition in the domestic polyester bottle chip market, leading to a sustained low processing margin[5]. - The company anticipates a fair value loss of approximately 197 million CNY from its investment in Shenzhen Jusheng Investment, primarily due to supply-demand imbalances in the PTA and PET industries[6]. Asset Impairment and Provisions - Impairment provisions for assets are estimated at about 66 million CNY, with inventory write-downs of approximately 46 million CNY and credit impairment losses of around 2.7 million CNY[6]. - The impact of non-recurring gains and losses on net profit is expected to be between -50 million and -100 million CNY, mainly from government subsidies, investment income, and fair value changes[6]. Caution and Uncertainty - The company emphasizes that the performance forecast is based on preliminary estimates and has not been audited by an accounting firm[4]. - Investors are advised to make cautious decisions and be aware of investment risks due to the anticipated losses[7].
华润材料(301090) - 2024 Q4 - 年度业绩预告