Gelonghui, January 26 | Songsheng Co., Ltd. (301002.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 21 million yuan to 27 million yuan, down 65.36%-73.06% from the same period last year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 7 million yuan to 10 million yuan, down 84.16% to 88.92% from the same period last year.
Under the current trend of industrial restructuring, in order to lay out the company's medium- to long-term development, the company increased its investment in R&D, marketing, etc., and the rapid increase in R&D and sales expenses in the short term caused the company's current net profit scale to drop a lot year-on-year. The main investments include: (1) In terms of the basic business market, in order to adapt to the company's global development path, the company increased technological investment and cutting-edge technology R&D reserves, and introduced a number of high-end R&D and sales personnel to promote the company's global development layout. (2) In terms of the new energy storage business, in order to speed up the development and commercialization of energy storage products of the subsidiary Shenzhen Songsheng Innovation Technology Co., Ltd., its R&D and marketing team expanded rapidly during the reporting period, and has achieved R&D, testing and certification of various household storage, industrial and commercial energy storage inverters. Some products have reached the stage where they can be mass-produced.
Interest on the company's continuing convertible bonds, amortization of equity incentive costs, etc. also have a certain impact on net profit.
The company expects the impact of non-recurring profit and loss on the company's net profit in 2023 to be about 14 million yuan, mainly due to government subsidies received and investment income from wealth management products obtained.