回天新材(300041) - 2024 Q4 - 年度业绩预告

Financial Projections - The estimated net profit for 2024 is projected to be between RMB 75 million and RMB 110 million, representing a decline of 63.18% to 74.90% compared to the previous year's profit of RMB 298.75 million[2]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between RMB 38 million and RMB 56 million, reflecting a decrease of 78.03% to 85.09% from RMB 254.88 million in the previous year[2]. Factors Affecting Profit - The decline in net profit is primarily attributed to a decrease in sales of photovoltaic backsheet products and a drop in overall gross margin in the photovoltaic sector[5]. - The company anticipates a need to recognize an impairment loss of approximately RMB 40 million due to insufficient demand in the downstream market for backsheet products[5]. Research and Development - The company has increased its R&D investment compared to the previous year, which may not align with the corresponding output period[5]. Sales Performance - The company achieved significant growth in product sales in the electronic and automotive sectors, along with steady improvement in photovoltaic silicone sales[4]. Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm, with final figures to be disclosed in the 2024 annual report[6]. - The company emphasizes the importance of cautious decision-making for investors due to the preliminary nature of the financial data[6].