宏柏新材(605366) - 2024 Q4 - 年度业绩预告

Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between -35 million and -24 million yuan, indicating a loss compared to the previous year [3]. - The projected net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, is expected to be between -41 million and -28 million yuan [3]. - In the previous year, the total profit was 50.94 million yuan, with a net profit attributable to shareholders of the parent company of 64.97 million yuan [6]. - The earnings per share in the previous year was 0.11 yuan [6]. Market Conditions and Challenges - The main reason for the expected loss is the overall weak demand in the downstream market for functional silanes due to macroeconomic conditions, coupled with increased industry competition [7]. - Despite a year-on-year increase in sales volume of major products, the sales prices of key products, such as sulfur-containing silanes, have continued to decline compared to the previous year [7]. - The company is currently in a capacity ramp-up and release phase for new projects, leading to higher fixed costs [7]. - The interest expenses from the issuance of convertible bonds have also increased, contributing to the expected loss [7]. Forecast Accuracy and Reporting - There are no significant uncertainties affecting the accuracy of this earnings forecast [8]. - The forecast data is preliminary and the final audited financial data will be disclosed in the 2024 annual report [9].