望变电气(603191) - 2024 Q2 - 季度业绩预告

Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for the first half of 2024 to be between 32 million and 38 million yuan, a decrease of 11.6 million to 12.2 million yuan compared to the same period last year, representing a year-on-year decline of 75.34% to 79.23%[5]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is projected to be between 13 million and 19 million yuan, down 13.3 million to 13.9 million yuan year-on-year, reflecting a decline of 87.52% to 91.46%[2]. - The company anticipates a decline of approximately 10% in sales revenue from oriented silicon steel products compared to the same period last year, with the gross profit margin expected to drop from 30% to around 7%[16]. - The previous year's earnings per share was 0.46 yuan[14]. Reasons for Performance Decline - The main reason for the expected decrease in performance is the decline in sales prices of oriented silicon steel products, with the average sales price dropping from 19,225 yuan/ton in the first half of 2023 to 12,370 yuan/ton in the first half of 2024, a decrease of 35.7%[8]. - The company has not identified any significant uncertainties that could affect the accuracy of this performance forecast[10]. Production Capacity and Market Context - The domestic production capacity of oriented silicon steel increased from 2.066 million tons in 2022 to 2.906 million tons by the end of 2023, a year-on-year increase of over 40%[15]. Financial Reporting and Investor Guidance - The performance forecast is based on preliminary calculations by the company's financial department and has not been audited by certified public accountants[7]. - The company will provide detailed financial data in its official 2024 semi-annual report[18]. - The company emphasizes the importance of cautious decision-making for investors due to the anticipated performance decline[18].