煜邦电力(688597) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company forecasts a significant decline in its 2025 first-half performance, with net profit attributable to shareholders expected to decrease by 35.47% to 45.28% year-on-year, and non-recurring net profit by 53.61% to 60.79% - The performance forecast covers the period from January 1, 2025, to June 30, 2025[3] - This performance forecast has not been audited by a certified public accountant[5] Key Financial Indicators Comparison | Indicator | 2025 H1 Forecast | 2024 H1 | YoY Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent | CNY 21.20 Million to CNY 25.00 Million | CNY 38.7418 Million | ↓ 35.47% to 45.28% | | Non-recurring Net Profit Attributable to Parent | CNY 14.20 Million to CNY 16.80 Million | CNY 36.2114 Million | ↓ 53.61% to 60.79% | Review of Prior Period Performance The company disclosed key financial data for the first half of 2024 as a comparative basis, with net profit attributable to owners of the parent company at CNY 38.7418 million and earnings per share at CNY 0.17 2024 H1 Key Financial Performance | Indicator | 2024 H1 Performance | | :--- | :--- | | Total Profit | CNY 37.7876 Million | | Net Profit Attributable to Parent | CNY 38.7418 Million | | Non-recurring Net Profit Attributable to Parent | CNY 36.2114 Million | | Earnings Per Share | CNY 0.17 | Analysis of Performance Change Reasons The performance decline primarily stems from two business segments: the core smart power products business experienced reduced revenue and gross margin due to slower customer delivery and lower bidding prices, while the emerging energy storage business, despite significant revenue growth, remains unprofitable due to low project gross margins - Smart Power Products Business: Despite approximately CNY 404 million in orders on hand at the end of 2024, revenue decreased year-on-year in the first half of 2025 due to slower customer delivery pace and lower-than-expected product delivery[7] - Smart Power Products Business: Products with recognized revenue in the first half primarily originated from 2024 State Grid tenders, where prices were lower than before, leading to a year-on-year decrease in the gross margin for this business segment[7] - Energy Storage Business: Yubang Zhiyuan, a controlled subsidiary, saw significant year-on-year revenue growth in the reporting period after commencing production in August 2024, but incurred losses due to the low gross margins of some delivered projects[7] - Company Strategy: The company will continue to drive innovation through technology research and development, closely follow the development trends of new power systems, expand market presence, and enhance operational efficiency[7] Risk Warning The company emphasizes that this performance forecast is a preliminary calculation by the finance department and has not been audited, thus the final data may be subject to uncertainty - This performance forecast represents a preliminary calculation by the company's finance department based on its professional judgment and has not yet been audited by a certified public accountant[8] - As of the announcement date, the company has not identified any significant uncertainties that would affect the accuracy of this performance forecast[8] Other Explanations The company reminds investors that accurate financial data will be based on the officially disclosed 2025 semi-annual report, and advises caution regarding investment risks - The forecast data is preliminary; the specific and accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[9] - Investors are kindly advised to exercise caution regarding investment risks[9]