Yongjin Technology (603995)2025-01-21 09:25Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between 930 million and 995 million CNY, an increase of 311.77 million to 376.77 million CNY compared to the previous year, representing a year-on-year growth of 50.43% to 60.94%[4]. - The projected net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 620 million and 685 million CNY, an increase of 192.88 million to 257.88 million CNY compared to the previous year, indicating a year-on-year growth of 45.16% to 60.38%[6]. - The net profit for the previous year was 453.01 million CNY, and the net profit after deducting non-recurring gains and losses was 427.12 million CNY[6]. Factors Contributing to Performance - The increase in performance is primarily due to the release of new production capacity from projects launched in the second half of last year, including the Guangdong Yongjin project with an annual processing capacity of 350,000 tons and the Zhejiang Yongjin project with an annual processing capacity of 195,000 tons[6]. - The company also reported an increase in capacity utilization at its Vietnam facility[6]. - A non-operating gain of 108.90 million CNY was recognized from the relocation compensation of the Zhejiang headquarters[6]. Data Accuracy and Investment Risks - The data provided is preliminary and has not been audited by an accounting firm, and the company has not identified any significant uncertainties affecting the accuracy of the forecast[6]. - Investors are advised to pay attention to investment risks as the final financial data will be disclosed in the official 2024 annual report[7].