明阳电路(300739) - 2024 Q4 - 年度业绩预告

Financial Performance - The company's net profit attributable to shareholders is expected to be between 10 million and 15 million yuan, representing a decline of 85.39% to 90.26% compared to the same period last year, which was 102.69 million yuan [3]. - The net profit after deducting non-recurring gains and losses is expected to be a loss between 0 and 5 million yuan, a decrease of 100% to 106% from the previous year's profit of 83.28 million yuan [3]. Factors Affecting Performance - The decline in performance is attributed to rising raw material prices, intensified industry competition, and the new product line being in the capacity ramp-up phase [6]. - The company is currently facing losses from acquisition project upgrades and has increased provisions for asset impairment and convertible bond interest expenses, negatively impacting operational performance [6]. Non-Recurring Items - Non-recurring gains and losses are estimated to impact net profit by approximately 15 million yuan, mainly from government subsidies, financial investment income, and external investment gains and losses [6].