Sijin Intelligent Forming Machinery (003025)2024-10-14 08:28Financial Performance - The estimated net profit attributable to shareholders for the first three quarters of 2024 is expected to be between RMB 148 million and RMB 157 million, representing a year-on-year increase of 126.25% to 140.00% compared to RMB 65.42 million in the same period last year[2]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between RMB 92 million and RMB 99 million, reflecting a year-on-year growth of 48.75% to 60.06% compared to RMB 61.85 million last year[2]. - For Q3 2024, the estimated net profit attributable to shareholders is projected to be between RMB 29 million and RMB 36 million, indicating a year-on-year increase of 44.04% to 78.81% compared to RMB 20.13 million in Q3 2023[2]. - The estimated net profit after deducting non-recurring gains and losses for Q3 2024 is expected to be between RMB 28 million and RMB 35 million, showing a year-on-year growth of 47.97% to 84.97% compared to RMB 18.92 million last year[2]. - The basic earnings per share for the first three quarters of 2024 is expected to be between RMB 0.63 and RMB 0.66, compared to RMB 0.28 per share in the same period last year[2]. Business Operations - The company has seen a growth in delivery volume due to the completion of high-position, large-diameter, and customized heavy equipment orders[4]. - The company continues to focus on its main business and has increased R&D efforts for new products, enhancing its core technology and brand advantages[4]. - The company anticipates a substantial increase in both revenue and profit due to the expansion of application fields and markets in downstream industries[4]. Non-Operating Gains - Non-operating gains from asset disposal at the production base contributed approximately RMB 55.28 million to the after-tax net profit for the first half of 2024[5]. Financial Reporting - The financial data in this earnings forecast has not been audited by the accounting firm, and specific financial figures will be disclosed in the Q3 2024 report[6].