Workflow
德众汽车(838030) - 2023 Q4 - 年度业绩预告

Financial Performance - The company expects a net loss attributable to shareholders of between -14.80 million and -18.30 million yuan for the fiscal year 2023, compared to a profit of 22.17 million yuan in the same period last year[4]. - The decline in automotive sales volume has led to a significant drop in operating revenue, attributed to an imbalance in supply and demand in the automotive market and a cautious consumer sentiment[5]. - The gross profit margin for vehicle sales and after-sales maintenance has decreased substantially, as the company has had to offer more discounts to compete in a limited market[5]. - The company has recognized impairment losses on goodwill, totaling 8.50 million yuan, due to the adverse effects of the automotive market environment on its operating performance[7]. - The total balance of impaired asset groups amounts to 9.72 million yuan, with a 100% impairment on the Hunan Deyuan New Energy asset group[7]. - The company’s various business segments have experienced a general downward trend in gross profit margins[5]. Financial Reporting - The company emphasizes that the financial data presented is preliminary and has not been audited, urging investors to exercise caution[8]. - The final financial data will be disclosed in the company's official 2023 annual report[8]. - The performance forecast period covers January 1, 2023, to December 31, 2023[3]. Market Challenges - The company has faced challenges due to high annual sales targets set by manufacturers, leading to aggressive pricing strategies in the market[5].