Zhitong Financial APP News, Huafeng shares (002806.SZ) issued a half-year performance forecast for 2023, which is expected to be a net loss of 27 million yuan to 32 million yuan for shareholders of listed companies in the first half of the year, from profit to loss compared with the same period last year, and a loss of 31 million yuan to 36 million yuan after deducting non-recurrent profits and losses.
The main reasons for the decline in performance in this period are as follows: 1. In terms of electrode foil, (1) affected by the reduced demand for consumer electronic products, the sales of electrode foil decreased, and the sales revenue during the reporting period decreased by 10% compared with the same period last year. In order to maintain the order, the sales price of the product was reduced across the board. (2) due to insufficient start-up, fixed cost allocation is higher, resulting in an increase in unit cost and a decrease in gross profit margin.
2. In terms of new energy, China's new energy vehicles continue to grow, relying on the good development and leading role of the industry, the company's new energy vehicle business sales revenue increased by more than 30% year on year during the reporting period, and maintained a good production scale and capacity level. However, due to the large R & D investment in the development of new products and core technologies, the rise in the price of raw materials and other reasons, profits have not reached the expected level.
3. The company's profits dropped sharply compared with the same period last year, mainly due to the decline in electrode foil profits and the reduction of government subsidies.