Gelonghui, January 25, 丨 Wanji Technology (300552.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was 356 million yuan to 435 million yuan, loss of 28.988 million yuan in the same period last year; net profit loss after deducting non-recurring profit and loss of 375 million yuan to 447 million yuan, loss of 53.31 million yuan for the same period last year; operating income 882 million yuan to 945 million yuan; operating income after deduction of 872 million yuan to 935 million yuan.
During the reporting period, the company's revenue remained stable, with a slight increase over the same period last year. Among them, revenue from dedicated short-range communication services and revenue from intelligent networking services both increased by more than 20% over the previous year. The main reasons for the year-on-year decline in the company's net profit in 2023 are as follows: the company adheres to a long-term strategy, maintains investment in innovation, and continues to increase market and R&D investment for new products such as lidar and intelligent connectivity. R&D expenses increased significantly year-on-year; at the same time, the prices of some of the company's products declined in 2023, affecting the overall gross profit margin.
In addition, during the reporting period, due to factors such as the slowdown in economic growth, the company's repayments were affected. According to relevant regulations and the principle of prudence, the amount of preparation for bad debts accruing to accounts receivable and preparation for impairment of some inventory increased year-on-year.