TINCI(002709)2025-01-07 16:00Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between 44,000 million and 52,000 million CNY, representing a year-on-year decrease of 76.73% to 72.50%[2][4] - The net profit after deducting non-recurring gains and losses is expected to be between 38,000 million and 46,000 million CNY, a decline of 79.16% to 74.78% compared to the previous year[2][4] - Basic earnings per share are forecasted to be between 0.27 CNY and 0.23 CNY, down from 0.99 CNY in the same period last year[2] Industry Challenges - The decline in profit is primarily attributed to a slowdown in downstream demand and changes in the supply-demand relationship within the new energy vehicle industry[5] - The lithium battery materials industry is operating at the bottom of the cycle, impacting overall profitability despite efforts to adjust product and customer structures[5] - Significant price adjustments in electrolyte products compared to 2023 have led to reduced unit profitability[5] Risk Management - The company has implemented a stable hedging strategy to manage raw material price stability, but still faces inventory impairment losses and asset credit impairments[5] - The financial data provided is preliminary and may differ from the final figures disclosed in the 2024 annual report[6]