Financial Performance - The estimated net profit attributable to shareholders for 2023 is projected to be between CNY 20.20 million and CNY 27.50 million, representing a decrease of 46.28% to 26.87% compared to the previous year's CNY 37.60 million[4]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between CNY 15.20 million and CNY 22.40 million, a decline of 56.88% to 36.46% from last year's CNY 35.25 million[4]. Market Conditions - The main reasons for the decline in performance include a slowdown in the overall performance of downstream urban gas companies and a decrease in demand for gas pressure regulating equipment due to reduced urban pipeline construction[5]. - Increased competition in the gas pressure regulating equipment industry has led to the company failing to win a major procurement contract with China Resources Group, significantly impacting revenue[5]. Cost and Expenses - The company's gross profit margin has decreased compared to the previous year, with total gross profit also declining due to rising supply costs and reduced procurement volumes from downstream gas companies[5]. - Sales expenses have slightly increased compared to the previous year as the company seeks to expand its market presence in response to competition[5]. Investment Impact - The company has faced negative impacts on short-term performance due to significant losses from some gas companies it has invested in, attributed to inverted natural gas purchase and sale prices in 2023[5]. Cautionary Note - The performance forecast is based on preliminary accounting data and has not been audited by an accounting firm, thus investors are advised to exercise caution[6].
瑞星股份(836717) - 2023 Q4 - 年度业绩预告