Financial Performance - The company's net profit attributable to shareholders is expected to be 244.76 million yuan, a decrease of 90.12% compared to 2,477.50 million yuan in the same period last year[2]. - The performance forecast is based on preliminary calculations and has not been audited by an accounting firm, urging investors to be cautious[5]. Market Conditions - Extreme weather conditions, including continuous rain and drought, significantly impacted the sales of balers in 2023[3]. - Increased supply of straw has led to a decrease in purchasing willingness for balers due to lower straw acquisition prices and operational costs[4]. - The decline in beef and lamb prices in 2023 has reduced demand for straw and subsequently for picking balers among livestock owners[4]. - The agricultural machinery industry is facing intensified competition, with many companies focusing on capacity expansion rather than new technology and product development, leading to market homogenization[4]. - The agricultural machinery market demand is generally weak, as indicated by the Agricultural Machinery Market Prosperity Index (AMI), which remained at historical lows for seven months in 2023[4].
花溪科技(872895) - 2023 Q4 - 年度业绩预告