NBSS(SH:600884) Shang Hai Zheng Quan Bao·2025-04-26 09:31Core Viewpoint - The company reported a net loss of approximately 367.14 million yuan for the fiscal year 2024, leading to a decision not to distribute cash dividends or issue new shares due to the lack of profit [1][22][33]. Group 1: Company Overview - The company has established a dual business strategy focusing on lithium battery anode materials and polarizers, positioning itself as a leader in the artificial graphite anode materials sector in China [2]. - The company has over 20 years of experience in the industry and has built a global leading R&D and production system [2]. Group 2: Business Performance - The company achieved a total revenue of 18.636 billion yuan in 2024, with a net profit of 659 million yuan, despite the overall loss reported [22]. - The anode materials business saw significant growth in sales driven by customer demand and innovation, while the polarizer business maintained its global leadership position [22]. Group 3: Market Position and Growth Drivers - The global lithium-ion battery industry is expected to grow rapidly, with a projected total shipment of 1,545.1 GWh in 2024, a year-on-year increase of 28.5% [10]. - The company’s anode materials production is projected to reach 216.73 million tons in 2024, with a year-on-year growth of 23% [10]. Group 4: Financial Highlights - The company reported a net profit attributable to shareholders of -367.14 million yuan for the consolidated financial statements and -305.64 million yuan for the parent company [1][22][33]. - The losses were primarily attributed to significant losses from equity investments in associated companies and impairment provisions for long-term equity investments [22][23].