Financial Performance - Annual net profit attributable to shareholders is expected to be between -900 million to -750 million yuan, a decrease of 140.85% to 134.05% compared to the previous year's 2,202.96 million yuan[4] Industry Challenges - The company's magnetic device products, key components for photovoltaic inverters, faced price wars due to industry overcapacity, leading to a decline in product gross margin[5] - Downstream customers in the photovoltaic industry experienced inventory pressure and delayed shipments, prompting the company to provision for inventory depreciation, significantly impacting short-term operating profit[6] - Increased accounts receivable and changes in aging structure led to provisions for bad debt, further affecting short-term operating profit[6] Strategic Initiatives - In 2025, the company plans to participate in new product development with customers, expand product applications, and secure higher-margin new orders to improve gross margin[6] - The company will enhance communication with customers and coordinate across marketing, R&D, production, and procurement to reduce long-term inventory and improve inventory turnover[6] - Strengthened management of accounts receivable collection, including pre-approval, monitoring, and post-collection controls, to enhance risk identification and management capabilities[6]
格利尔(831641) - 2024 Q4 - 年度业绩预告