AikoSolar(600732) 证券时报网·2025-01-24 14:29Core Viewpoint - Aishuo Co., Ltd. (600732.SH) anticipates a significant net loss of between 4.75 billion to 5.75 billion yuan for the fiscal year 2024 due to structural overcapacity and supply-demand imbalances in the photovoltaic industry, leading to intensified market competition and a substantial decline in prices [1][2]. Group 1: Financial Performance - The company expects a net profit loss attributable to shareholders after deducting non-recurring gains and losses, projected between 4.75 billion to 5.75 billion yuan for 2024 [1]. - The decline in main business revenue and profitability is attributed to increased inventory depreciation and significant impairment of long-term assets [1]. Group 2: Industry Context - The photovoltaic industry is currently facing structural overcapacity and phase-specific supply-demand imbalances, resulting in intensified competition and a sharp drop in prices across the main industry chain [1]. Group 3: Strategic Initiatives - Aishuo Co., Ltd. is focusing on technological innovation to navigate industry cycles, promoting the development of new products and technologies [1]. - The ABC business segment has seen a significant breakthrough, with sales volume of ABC components more than doubling in the fourth quarter compared to the third quarter, alongside a continuous reduction in production costs [1]. - The company plans to launch high-value products in 2025 to meet diverse customer needs, aiming to increase sales volume and gross margins while further reducing manufacturing costs and operating expenses [2]. Group 4: Future Outlook - With sufficient orders for ABC products and an anticipated improvement in the industry ecosystem and stabilization of supply chain prices, Aishuo Co., Ltd. is positioned to leverage its leading advantage in photovoltaic conversion efficiency to potentially experience a turnaround [2].